H A Richmond Trust Uw 12-2-0160 Fbo Teachers Relief Bank
- Assets
- $400.1k
- Revenue
- $18.3k
- Investments
- $386.2k
- Employees
- 0
- Location
- Norwich, NY
- Founding
- 12/1970
- Data as of
- 12/2022
- EIN
- 16-6021261
Organization Overview
H A Richmond Trust Uw 12-2-0160 Fbo Teachers Relief Bank is located in Norwich, NY. The organization was established in 1970. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. H A Richmond Trust Uw 12-2-0160 Fbo Teachers Relief Bank 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 12/2022, H A Richmond Trust Uw 12-2-0160 Fbo Teachers Relief Bank generated $18.3k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.4%) each year. All expenses for the organization totaled $29.5k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (3.5%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, H A Richmond Trust Uw 12-2-0160 Fbo Teachers Relief Bank has awarded 82 individual grants totaling $160,643. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nbt Bank Na Trustee | 1 | $8,393 | |
Hon Barbara Howe Trustee | 1 | $712 | |
Eric Koessler Trustee | 1 | $712 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $15,194 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $3,138 |
| Capital Gain Net Income | $3,138 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $18,332 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $9,817 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,248 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $100 |
| Total operating and administrative expenses | $12,215 |
| Contributions, gifts, grants paid | $17,241 |
| Total expenses and disbursements | $29,456 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $13,814 |
| 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 | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $386,245 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $400,059 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
Grants Awarded
Over the last fiscal year, H A Richmond Trust Uw 12-2-0160 Fbo Teachers Relief Bank has awarded $17,241 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
ANNA HASPETT PURPOSE: RICHMOND TEACHERS RELIEF | $1,046 |
DAWN MANNION PURPOSE: RICHMOND TEACHERS RELIEF | $1,222 |
COLLEEN MELISZ PURPOSE: RICHMOND TEACHERS RELIEF | $1,182 |
MARY JAE PETERSON PURPOSE: RICHMOND TEACHERS RELIEF | $1,208 |
AMY STEINER PURPOSE: RICHMOND TEACHERS RELIEF | $1,597 |
ELIZABETH WARD-PITMAN PURPOSE: RICHMOND TEACHERS RELIEF | $1,262 |