Hobart Community Foundation Inc
- Assets
- $391.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Hobart, NY
- Founding
- 04/1974
- Data as of
- 12/2023
- EIN
- 23-7365450
Organization Overview
Hobart Community Foundation Inc is located in Hobart, NY. The organization was established in 1974. According to its NTEE Classification (T31) the organization is classified as: Community 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. Hobart Community 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, Hobart Community Foundation Inc generated $20.6k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 3.4% each year. All expenses for the organization totaled $16.1k during the year ending 12/2023. While expenses have increased by 8.8% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
TO HELP THE COMMUNITY OF HOBART
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andrew Vanburn President | 4 | $0 | |
Arthur Turner Vice President | 2 | $0 | |
Eleanor Jensen Treasurer | 10 | $0 | |
Gwen Nichols Director | 1 | $0 | |
Kira Licalzi Director | 1 | $0 | |
Kimberly Whritner Director/secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,900 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $15,718 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $20,618 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $3,989 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $84 |
| Other expenses | $170 |
| Total expenses | $16,148 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $391,564 |
| Other assets | $0 |
| Total assets | $391,564 |
| Total liabilities | $0 |
| Net assets or fund balances | $391,564 |