3 Rivers Credit Union Foundation Inc
- Assets
- $586.0k
- Revenue
- $250.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Fort Wayne, IN
- Founding
- 03/2015
- Data as of
- 12/2022
- EIN
- 47-2259834
Organization Overview
3 Rivers Credit Union Foundation Inc is located in Fort Wayne, IN. The organization was established in 2015. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. 3 Rivers Credit Union 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 12/2022, 3 Rivers Credit Union Foundation Inc generated $250.7k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.5% each year. All expenses for the organization totaled $238.1k during the year ending 12/2022. While expenses have increased by 5.6% per year over the past 8 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tim Sheppard President | 1 | $0 | |
Lyndsey Emerick Treasurer | 1 | $0 | |
Julie Goodman Member At Large | 1 | $0 | |
Melissa Shaw Member At Large | 1 | $0 | |
Jackie Kocks Member At Large | 1 | $0 | |
Kristin Smith Member At Large | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $250,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $742 |
| Net Rental Income | $0 |
| 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 | $250,742 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $10 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $2,135 |
| Contributions, gifts, grants paid | $236,000 |
| Total expenses and disbursements | $238,135 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $586,010 |
| 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 | $0 |
| Other assets | $0 |
| Total assets | $586,010 |
| 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, 3 Rivers Credit Union Foundation Inc has awarded $245,150 in support to 45 organizations.
| Grant Recipient | Amount |
|---|---|
COMMUNITY TRANSPORTATION NETWORK PURPOSE: ASSIST VARIOUS ORGANIZATION NEEDS | $5,000 |
ADULT LIFE TRAINING PURPOSE: ASSIST VARIOUS ORGANIZATION NEEDS | $9,800 |
CANCER SERVICES OF NORTHEAST INDIANA PURPOSE: ASSIST VARIOUS ORGANIZATION NEEDS | $4,000 |
FORT WAYNE PHILHARMONIC PURPOSE: ASSIST VARIOUS ORGANIZATION NEEDS | $3,000 |
HOOSIERS FEEDING THE HUNGRY PURPOSE: ASSIST VARIOUS ORGANIZATION NEEDS | $2,500 |
TEACH OUR CHILDREN FUND PURPOSE: ASSIST VARIOUS ORGANIZATION NEEDS | $3,000 |