The Chatfield Edge
- Assets
- $13.8m
- Revenue
- $3.8m
- Investments
- $0.0
- Employees
- 70
- Location
- St Martin, OH
- Founding
- 03/1946
- Data as of
- 06/2022
- EIN
- 31-0840764
Organization Overview
The Chatfield Edge is located in St Martin, OH. The organization was established in 1946. According to its NTEE Classification (B41) the organization is classified as: Two-Year Colleges, under the broad grouping of Education and related organizations. As of 06/2022, Chatfield Edge employed 70 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Chatfield Edge 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, Chatfield Edge generated $3.8m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (9.8%) each year. All expenses for the organization totaled $4.7m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (3.6%) per year over the past 7 years. 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
CHATFIELD COLLEGE IS AN OPEN-ENROLLMENT CATHOLIC COLLEGE, ROOTED IN THE LEGACY OF THE URSULINE SISTERS, BELIEVING IN THE POTENTIAL OF EVERY PERSON, AND ACCEPTING OF PEOPLE OF ALL FAITHS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
STUDENT AID - CONSISTS OF FEDERAL FUNDS, STATE FUNDS, AND INSTITUTIONAL FUNDS. GRANTS AND ALLOCATIONS - ALL GOVERNMENT GRANTS AND INSTITUTIONAL SCHOLARSHIP WAIVERS, AND DISCOUNTS ARE UTILIZED TO PROVIDE EDUCATION TO STUDENTS DESIRING CONTINUING EDUCATION AND/OR ASSOCIATES DEGREE. THE COLLEGE SERVED 177 STUDENTS DURING THE 2021-2022 ACADEMIC YEAR (FALL 2021 THROUGH SUMMER 2022).
INSTRUCTIONAL SUPPORT - PRIMARILY CONSISTS OF SALARIES, WAGES, AND BENEFITS PAID TO STAFF. EXPENSES ARE UTILIZED TO PROVIDE EDUCATION TO STUDENTS DESIRING CONTINUING EDUCATION AND/OR ASSOCIATES DEGREE. NUMBER SERVED IS BASED ON ANNUAL ENROLLMENT.
ACADEMIC SUPPORT - CONSISTS OF EDUCATIONAL-RELATED EXPENSES, SUCH AS GRADUATION, LIBRARY, WORKSHOP, AND CONSORTIUM EXPENSES, WHICH ARE UTILIZED TO PROVIDE EDUCATION TO STUDENTS DESIRING CONTINUING EDUCATION AND/OR ASSOCIATES DEGREE. NUMBER SERVED IS BASED ON ANNUAL ENROLLMENT.
STUDENT SERVICES - ADMISSIONS, CARES ACT STUDENT AID PORTION AND OTHER STUDENT SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Elmore President | OfficerTrustee | 40 | $203,600 |
Kelly Gramling Vp/coo | Officer | 40 | $83,000 |
Mary Ellen Betz Vice Chair | OfficerTrustee | 1 | $0 |
Victoria W Parlin Chair | OfficerTrustee | 1 | $0 |
Stephen J Pohlman Secretary-Treasurer | OfficerTrustee | 1 | $0 |
Tommie L Lewis Jr Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $24,682 |
| Related organizations | $0 |
| Government grants | $1,255,642 |
| All other contributions, gifts, grants, and similar amounts not included above | $531,570 |
| Noncash contributions included in lines 1a–1f | $12,287 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,811,894 |
| Total Program Service Revenue | $1,485,423 |
| Investment income | $56,842 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $329,118 |
| Net Income from Fundraising Events | $93,145 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,802,569 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $432,254 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $312,306 |
| Compensation of current officers, directors, key employees. | $312,306 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,140,351 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $159,175 |
| Payroll taxes | $104,627 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $5,668 |
| Fees for services: Accounting | $32,949 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $107,938 |
| Advertising and promotion | $376,026 |
| Office expenses | $5,469 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $253,709 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $110,190 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $549,397 |
| Insurance | $0 |
| All other expenses | $97,538 |
| Total functional expenses | $4,652,851 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $37,389 |
| Savings and temporary cash investments | $174,530 |
| Pledges and grants receivable | $162,459 |
| Accounts receivable, net | $207,140 |
| 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 | $57,807 |
| Net Land, buildings, and equipment | $8,432,702 |
| Investments—publicly traded securities | $4,705,167 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $13,777,194 |
| Accounts payable and accrued expenses | $140,720 |
| Grants payable | $0 |
| Deferred revenue | $50,098 |
| 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 | $2,224,237 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $2,415,055 |
| Net assets without donor restrictions | $7,144,677 |
| Net assets with donor restrictions | $4,217,462 |
| 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 | $13,777,194 |
Grants Recieved
Over the last fiscal year, we have identified 13 grants that The Chatfield Edge has recieved totaling $275,216.
| Awarding Organization | Amount |
|---|---|
Cincinnati Womans Club Cincinnati, OH PURPOSE: STUDENT SUPPORT SERVICES | $107,500 |
Greater Cincinnati Foundation Cincinnati, OH PURPOSE: GENERAL PURPOSE | $35,846 |
S E C Charitable Corp Cincinnati, OH PURPOSE: TO FURTHER CHARITABLE WORKS | $35,000 |
Peoples Bank Foundation Inc Marietta, OH PURPOSE: PROGRAM SUPPORT FOR SECURING THE | $25,000 |
Charles Moerlein Foundation Fifth Third Bank Cincinnati, OH PURPOSE: PROJECT/PROGRAM SUPPORT | $25,000 |
Johnson Charitable Gift Fund Cincinnati, OH PURPOSE: GENERAL FUND | $17,250 |
Endowment Analysis
| Beg. Balance | $5,977,936 |
| Earnings | -$554,327 |
| Admin Expense | $831,795 |
| Net Contributions | $57,605 |
| Ending Balance | $4,649,419 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Finlandia University Hancock, MI | $36,184,751 | $18,081,025 |
Christ College Of Nursing Andhealth Sciences Cincinnati, OH | $10,994,626 | $16,669,063 |
Ancilla Domini College Plymouth, IN | $0 | $14,414,276 |
Baker College Flint, MI | $17,958,758 | $9,486,714 |
Northampton County Area Community College Foundation Bethlehem, PA | $90,958,462 | $10,129,172 |
Rural Regional College Of Northern Pennsylvania Warren, PA | $5,615,741 | $6,853,923 |
The Chatfield Edge St Martin, OH | $13,777,194 | $3,802,569 |
Delta College Foundation University Center, MI | $1,992,755 | $2,619,212 |
The Harrisburg Area Community College Foundation Harrisburg, PA | $39,552,563 | $3,281,824 |
Montgomery County Community College Foundation Blue Bell, PA | $19,265,870 | $2,851,675 |
Alpena Community College Foundation Alpena, MI | $9,851,824 | $3,064,621 |
Washtenaw Community College Foundation Ann Arbor, MI | $29,277,550 | $2,130,032 |