Parkview Foundation
- Assets
- $489.3k
- Revenue
- $23.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Yorkville, IL
- Founding
- 10/1993
- Data as of
- 12/2022
- EIN
- 36-7036832
Organization Overview
Parkview Foundation is located in Yorkville, IL. The organization was established in 1993. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., 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. Parkview Foundation 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, Parkview Foundation generated $23.4k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 2.6% each year. All expenses for the organization totaled $17.3k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
DURING 2020, THE FOUNDATION CONTINUED ITS PROGRAM FOR THE REHABILITATION OF THE PARKVIEW SCHOOL, AS A HISTORIC SITE. THE SCHOOL HAS ALREADY ACHIEVED DESIGNATION ON THE NATIONAL REGISTER OF HISTORIC PLACES. THE FOUNDATION HAS A LEASE ARRANGEMENT WITH THE PARKVIEW CHRISTIAN ACADEMY UNDER WHICH THE LESSEE IS OPERATING A TAX-EXEMPT SCHOOL BASED ON CHRISTIAN PRINCIPAL. THE INTENT IS TO ENABLE THE ACADEMY TO CONTINUE TO TRAIN CHRISTIAN LEADERS WHO WILL BE ASSETS TO THEIR COUNTRY.
THE FOUNDATION HAS A LEASE ARRANGEMENT WITH THE PARKVIEW CHRISTIAN ACADEMY UNDER WHICH THE LESSEE IS OPERATING A TAX-EXEMPT SCHOOL BASED ON CHRISTIAN PRINCIPLES. THE INTENT IS TO ENABLE THAT ACADEMY TO CONTINUE TO TRAIN CHRISTIAN LEADERS WHO WILL BE ASSETS TO THEIR COUNTRY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rena D Pedersen Trustee | 5 | $0 | |
Calvin J Pedersen Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $500 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $22,930 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $23,430 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $16,758 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $30 |
| Total operating and administrative expenses | $17,288 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $17,288 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $21,576 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $467,740 |
| Other assets | $0 |
| Total assets | $489,316 |
| 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 | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Parkview Foundation has awarded $250 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
MISSOURI PRESERVATION SOCIETY PURPOSE: DONATION | $100 |
COLONIAL WILLIAMSBURG FOUNDATION PURPOSE: DONATION | $50 |
NATIONAL TRUST FOR HISTORIC PRESERVATION PURPOSE: DONATION | $100 |