Woodies Supermrkt Schrsp Tr Fbo Warsaw Ind 1st Bk & Tr Co S Bend is located in South Bend, IN. The organization was established in 1979. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. Woodies Supermrkt Schrsp Tr Fbo Warsaw Ind 1st Bk & Tr Co S Bend 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 12/2022, Woodies Supermrkt Schrsp Tr Fbo Warsaw Ind 1st Bk & Tr Co S Bend generated $90.5k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 17.3% each year . All expenses for the organization totaled $37.5k during the year ending 12/2022. While expenses have increased by 2.4% per year over the past 5 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
2022
Describe the Organization's Program Activity:
Part 3
SCHOLARSHIP GRANTS FOR 25 RECIPIENTS
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sonya Hoskins Member, Selection Committee | 0 | $0 | |
Dan Metzger Member, Selection Committee | 0 | $0 | |
1st Source Bank Trustee | 0 | $6,024 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $9,798 |
| Gain or Loss | $80,741 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $90,539 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $6,024 |
| Professional fees and other payments to independent contractors | $1,500 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $155 |
| Total expenses | $37,479 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $474,865 |
| Other assets | $0 |
| Total assets | $474,865 |
| Total liabilities | $0 |
| Net assets or fund balances | $474,865 |