Chaminade Development Fund Inc
- Assets
- $73.6m
- Revenue
- $29.8m
- Investments
- $62.5m
- Employees
- 12
- Location
- Mineola, NY
- Founding
- 06/1970
- Data as of
- 06/2022
- EIN
- 23-7069462
Organization Overview
Chaminade Development Fund Inc is located in Mineola, NY. The organization was established in 1970. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. As of 06/2022, Chaminade Development Fund Inc employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Chaminade Development 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 06/2022, Chaminade Development Fund Inc generated $29.8m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 26.2% each year . All expenses for the organization totaled $5.4m during the year ending 06/2022. While expenses have increased by 3.9% per year over the past 7 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE CATHOLIC EDUCATION THROUGH FINANCIAL SUPPORT FOR CHAMINADE HIGH SCHOOL LOCATED IN MINEOLA, NEW YORK.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHAMINADE HIGH SCHOOL SUPPORT - APPROXIMATELY 1,650 STUDENTS BENEFITED THROUGH REDUCED TUITION CHARGES.
SCHOLARSHIP AND STUDENT AID - PARTIAL TUITION PAID FOR SELECTED STUDENTS BASED UPON MERIT AND/OR FINANCIAL NEED - 101 STUDENTS BENEFITED
CAMPUS FUND DONATION - CONTRIBUTIONS FOR THE PURPOSE OF VARIOUS CAPITAL IMPROVEMENTS TO THE SCHOOL CAMPUS
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bro Joseph D Bellizzi Sm Executive Vice President | OfficerTrustee | 20 | $0 |
Bro Thomas J Cleary Sm President | OfficerTrustee | 40 | $0 |
Bro Richard H Hartz Sm Sect'y/treas. | OfficerTrustee | 40 | $0 |
Bro Stephen V Balletta Sm Vice President | OfficerTrustee | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $151,171 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $27,655,289 |
| Noncash contributions included in lines 1a–1f | $2,114,036 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $27,806,460 |
| Total Program Service Revenue | $76,000 |
| Investment income | $1,974,427 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$335,899 |
| Net Income from Fundraising Events | $282,905 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $29,803,893 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $3,413,885 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $606,363 |
| Pension plan accruals and contributions | $50,473 |
| Other employee benefits | $172,925 |
| Payroll taxes | $50,344 |
| Fees for services: Management | $4,500 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $30,158 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $343,551 |
| Fees for services: Investment Management | $265,093 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $311,370 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $5,351,515 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $276,431 |
| Savings and temporary cash investments | $6,018,560 |
| Pledges and grants receivable | $4,636,005 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $62,543,983 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $99,074 |
| Total assets | $73,574,053 |
| Accounts payable and accrued expenses | $326,049 |
| Grants payable | $0 |
| Deferred revenue | $19,305 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $345,354 |
| Net assets without donor restrictions | $36,648,381 |
| Net assets with donor restrictions | $36,580,318 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $73,574,053 |
Grants Recieved
Over the last fiscal year, we have identified 22 grants that Chaminade Development Fund Inc has recieved totaling $445,997.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $122,850 |
Dalio Family Fund Inc Westport, CT PURPOSE: RESTRICTED TO SUPPORT THE MOE BETTER BLUES MARINO DALLOLIO MUSIC SCHOLARSHIP FUND | $100,000 |
Mother Cabrini Health Foundation New York, NY PURPOSE: ACCESS FOR ALL | $100,000 |
Frederick And Nancy Dematteis 2001 Charitable Tr Uniondale, NY PURPOSE: GENERAL GRANT | $25,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $22,832 |
Morgan Stanley Global Impact Funding Trust Inc Indianapolis, IN PURPOSE: UNRESTRICTED GENERAL SUPPORT | $20,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Hunter College Foundation Inc New York, NY | $144,509,988 | $37,248,838 |
The American Friends Of Winchester College New York, NY | $259,900 | $15,435,931 |
Friends Of@ascend Charter Schools Inc Brooklyn, NY | $51,013,536 | $16,135,870 |
Rowan University Foundation Inc Glassboro, NJ | $339,808,677 | $39,224,287 |
Equitable Facilities Fund Inc New York, NY | $843,754,758 | $34,535,002 |
Dudley Square Realty Corporation Boston, MA | $98,074,702 | $123 |
Stockton Affiliated Services Inc Galloway, NJ | $3,017,488 | $12,674,409 |
Auxiliary Campus Enterprises And Services State University College Alfred, NY | $11,814,689 | $16,740,654 |
College Of Staten Island Auxiliary Services Corp Inc Staten Island, NY | $62,695,629 | $9,780,570 |
American Friends Of The National Gallery London Inc New York, NY | $305,852,204 | $2,300,126 |
Auxiliary Services Corporation Of Suny Cortland Cortland, NY | $19,099,097 | $10,450,642 |
The Roosevelt Institute New York, NY | $39,947,474 | $14,561,739 |