Nick And Edna Weller Charities Inc
- Assets
- $20.9m
- Revenue
- $942.0k
- Investments
- $13.9m
- Employees
- 0
- Location
- Dayton, OH
- Founding
- 09/2010
- Data as of
- 12/2022
- EIN
- 27-2856945
Organization Overview
Nick And Edna Weller Charities Inc is located in Dayton, OH. The organization was established in 2010. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Nick And Edna Weller Charities Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2018, Nick And Edna Weller Charities Inc has awarded 88 individual grants totaling $1,182,220. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
CURRENTLY IN THE PROCESS OF BUILDING A PUBLIC HISTORY/NATURE CENTER LOCATED ALONG THE NATIONAL AND STATE SCENIC LITTLE MIAMI RIVER. PLANNING A MEADOW, REMOVING INVASIVE SPECIES AND BUILDING A EDUCATION CENTER TO BE OPEN TO THE PUBLIC FOR EDUCATIONAL PURPOSES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ruth Weller Director | 10 | $0 | |
Mark Weller Director | 10 | $0 | |
Thomas Weller Director/ceo | 35 | $81,514 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $40,366 |
| Dividends & Interest | $468,318 |
| Net Rental Income | $2,933 |
| Net Gain on Sale of Assets | $425,639 |
| Capital Gain Net Income | $425,639 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $942,023 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $81,514 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $26,670 |
| Interest | $0 |
| Taxes | $33,245 |
| Depreciation | $2,545 |
| Occupancy | $20,491 |
| Travel, conferences, and meetings | $246 |
| Printing and publications | $0 |
| Other expenses | $40,013 |
| Total operating and administrative expenses | $269,510 |
| Contributions, gifts, grants paid | $269,875 |
| Total expenses and disbursements | $539,385 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $372,394 |
| Savings and temporary cash investments | $3,424,951 |
| 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 | $9,652 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $3,125,298 |
| Other assets | $0 |
| Total assets | $20,872,907 |
| 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 | $222 |
| Total liabilities | $222 |
Grants Awarded
Over the last fiscal year, Nick And Edna Weller Charities Inc has awarded $269,875 in support to 21 organizations.
| Grant Recipient | Amount |
|---|---|
BLACK BROTHERS-BLACK SISTERS INVOLVEMENT PURPOSE: EDUCATION | $20,000 |
DAYTON CHILDRENS HOSPITAL MICHAELS HOUSE PURPOSE: CHILDRENS SERVICES | $5,700 |
DAYTON FOUNDATION MARK KREUSCH FUND PURPOSE: CHILDREN SERVICES | $5,000 |
DAYTON PERFORMING ARTS ALLIANCE PURPOSE: EDUCATION | $25,000 |
FOUNDATION TO ASSIST YOUNG MUSICIANS PURPOSE: EDUCATION | $80,000 |
HOUSE OF BREAD PURPOSE: NUTRITION | $8,000 |