Ernest Turner Mem Fund Inc
- Assets
- $470.5k
- Revenue
- $15.0k
- Investments
- $235.5k
- Employees
- 0
- Location
- Morrisonville, NY
- Founding
- 06/1946
- Data as of
- 12/2023
- EIN
- 14-6018750
Organization Overview
Ernest Turner Mem Fund Inc is located in Morrisonville, NY. The organization was established in 1946. According to its NTEE Classification (O42) the organization is classified as: Girl Scouts of the U.S.A., under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ernest Turner Mem Fund Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Ernest Turner Mem Fund Inc generated $15.0k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 4.4% each year. All expenses for the organization totaled $24.0k during the year ending 12/2023. While expenses have increased by 6.3% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING UPKEEP-MAINTENANCE-PRESERVATION FUNDS FOR CAMP TAPAWINGO ON LAKE CHAMPLAIN WHICH IS AVAILABLE FOR USE BY YOUTH NONPROFIT ORGANIZATIONS FOR LITTLE TO NO COST. THE OPERATION OF THE CAMP FOR YOUTH- AND ITS RELATED UTILITIES, INSURANCES, AND MAINTENANCE EXPENSE ALL QUALIFY AS CHARITABLE EXPENDITURES. ACCOMPLISHMENTS: USAGE OF THE CAMP PROVIDED IN 2023: LOCAL YMCA, 8 WEEKS @ 60 CHILDREN = 480 PARTICIPANTS LOCAL GIRL SCOUT TROOPS, 3 TROOP EVENTS = 120 GIRLS TED K YOUTH CENTER, = 25 PARTICIPANTS. PERU CHURCH YOUTH GRP, - 25 PARTICPANTS 650 YOUTHS SERVED IN SUM CHARITY EXPENSES = SPENT ON CAMP CAMP MAINTENANCE, 13,304 INSURANCE ON CAMP, 4,872 UTILITIES AT CAMP 1,294 19,470 SUM
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Frank Dorrance Chairman | 0.5 | $0 | |
Victoria Marking Treasurer | 0.75 | $0 | |
Chelsea Denny Director | 0.25 | $0 | |
Tom Neale Director | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,000 |
| Interest on Savings | $1 |
| Dividends & Interest | $6,505 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $4,827 |
| Capital Gain Net Income | $4,827 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $2,650 |
| Total Revenue | $14,983 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $117 |
| Depreciation | $498 |
| Occupancy | $13,304 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $6,429 |
| Total operating and administrative expenses | $24,005 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $24,005 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $15,640 |
| Savings and temporary cash investments | $3,293 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $3,672 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $212,301 |
| Other assets | $33 |
| Total assets | $470,451 |
| Accounts payable and accrued expenses | $350 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $350 |