Crist & Elizabeth Pshigoda Foundation is located in Paris, TX. The organization was established in 1981. 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. Crist & Elizabeth Pshigoda 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 12/2023, Crist & Elizabeth Pshigoda Foundation generated $1.5m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 6.4% each year. All expenses for the organization totaled $1.6m during the year ending 12/2023. While expenses have increased by 9.4% 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PRINCIPAL PURPOSE OF THE FOUNDATION IS TO PROVIDE RESIDENTIAL APARTMENTS TO ELDERLY CITIZENS AT A REASONABLE RATE.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Wayne Brown President | 1 | $20,400 | |
Lynn R Wells Secretary | 0.5 | $15,619 | |
Chad Brown Treasurer | 1 | $241,400 |
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Chadco Ventures Llc | 12/30/23 | $200,000 |
Guess Construction Service Llc | 12/30/23 | $178,136 |
Bryan Hargis | 12/30/23 | $89,021 |
Tim Gates | 12/30/23 | $84,210 |
Juan Torres | 12/30/23 | $74,854 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $93 |
| Dividends & Interest | $0 |
| 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 | $1,454,132 |
| Total Revenue | $1,454,225 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $315,198 |
| Other employee salaries and wages | $36,618 |
| Pension plans, employee benefits | $73,354 |
| Interest | $347,492 |
| Taxes | $10,465 |
| Depreciation | $381,827 |
| Occupancy | $1,740 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $397,980 |
| Total operating and administrative expenses | $1,565,674 |
| Contributions, gifts, grants paid | $2,000 |
| Total expenses and disbursements | $1,567,674 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $81,522 |
| Savings and temporary cash investments | $11,616 |
| 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 | $11,177,498 |
| Other assets | $166,837 |
| Total assets | $11,437,473 |
| Accounts payable and accrued expenses | $4,825 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $8,323,474 |
| Other liabilities | $0 |
| Total liabilities | $8,328,299 |
Over the last fiscal year, Crist & Elizabeth Pshigoda Foundation has awarded $2,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
UNITED WAY OF LAMAR COUNTY PURPOSE: DONATION | $1,500 |
DEB ENGLISH PURPOSE: DONATION | $500 |