Elite Homes Charitable Foundation Inc
- Assets
- $550.0
- Revenue
- $1.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Louisville, KY
- Founding
- 04/2005
- Data as of
- 12/2023
- EIN
- 20-1964151
Organization Overview
Elite Homes Charitable Foundation Inc is located in Louisville, KY. The organization was established in 2005. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, 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. Elite Homes Charitable Foundation 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, Elite Homes Charitable Foundation Inc generated $1.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (17.9%) each year. All expenses for the organization totaled $565.0 during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (25.4%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Elite Homes Charitable Foundation Inc has awarded 141 individual grants totaling $235,338. 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 |
|---|---|---|---|
Joseph A Pusateri Jr President, Director | 0.1 | $0 | |
Vickie L Pusateri Secretary, Treasurer | 0.1 | $0 | |
Michael Pusateri Vice President, Director | 0.1 | $0 | |
Michael Metzkes Director | 0.1 | $0 | |
John Marshall Director | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,000 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $15 |
| Total operating and administrative expenses | $565 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $565 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $550 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $550 |
| 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, Elite Homes Charitable Foundation Inc has awarded $23,450 in support to 20 organizations.
| Grant Recipient | Amount |
|---|---|
BOY SCOUTS OF AMERICA PURPOSE: SUPPORT OF THE BOY SCOUTS OF AMERICA | $500 |
DARE TO CARE FOOD BANK PURPOSE: SUPPORT OF THE DARE TO CARE FOOD BANK | $1,000 |
CATHOLIC EDUCATION FOUNDATION PURPOSE: SUPPORT OF THE CATHOLIC EDUCATION FOUNDATION | $1,000 |
FAMILY SCHOLAR HOUSE PURPOSE: SUPPORT OF THE FAMILY SCHOLAR HOUSE | $250 |
FAMILY & CHILDREN'S PLACE PURPOSE: SUPPORT OF THE FAMILY & CHILDREN'S PLACE | $500 |
FUND FOR THE ARTS PURPOSE: SUPPORT OF THE FUND FOR THE ARTS | $10,000 |