Wesbanco Bank Inc Trustt U W Robinson S Parlin
- Assets
- $4.1m
- Revenue
- $396.5k
- Investments
- $4.0m
- Employees
- 0
- Location
- Wheeling, WV
- Founding
- 02/2007
- Data as of
- 12/2023
- EIN
- 55-6162728
Organization Overview
Wesbanco Bank Inc Trustt U W Robinson S Parlin is located in Wheeling, WV. The organization was established in 2007. 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. Wesbanco Bank Inc Trustt U W Robinson S Parlin 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 12/2023, Wesbanco Bank Inc Trustt U W Robinson S Parlin generated $396.5k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 5.2% each year. All expenses for the organization totaled $311.3k during the year ending 12/2023. While expenses have increased by 2.0% per year over the past 9 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.
Since 2015, Wesbanco Bank Inc Trustt U W Robinson S Parlin has awarded 112 individual grants totaling $2,459,710. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
WESBANCO BANK INC - TO PROVIDE TECHNICAL ASSISTANCE BY MAINTAINING COMPLETE AND ACCURATE FINANCIAL RECORDS
PHILLIPS, GARDILL, KAISER, & ALTMEYER - LEGAL WORK FOR SERVICES RENDERED FOR ROBINSON S PARLIN TRUST
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $139,780 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $256,737 |
| Capital Gain Net Income | $256,737 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $396,517 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $31,220 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $335 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $32,648 |
| Contributions, gifts, grants paid | $278,700 |
| Total expenses and disbursements | $311,348 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $81,950 |
| Net Accounts receivable | $16,763 |
| 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 | $3,113,670 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $4,054,989 |
| 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, Wesbanco Bank Inc Trustt U W Robinson S Parlin has awarded $278,700 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
KING'S DAUGHTERS CHILD CARE CENTER PURPOSE: SUPPORT THE OUTDOOR | $8,200 |
YOUTH SERVICES SYSTEM INC PURPOSE: TRANSITIONAL LIVING PROGRAM | $12,000 |
OGLEBAY INSTITUTE PURPOSE: SUPPORT OF UNDERSERVED | $7,500 |
APPALACHIAN OUTREACH INC PURPOSE: SUPPORT OF UNDERSERVED | $10,000 |
WHEELING YMCA PURPOSE: Y FIT IN PROGRAM & | $20,000 |
HOLY FAMILY CHILD CARE CENTER PURPOSE: SUPPORT OF SPECIAL | $5,000 |