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Nonprofiteer
← FOUNDATION COMMUNITIES INC

Form 990 for tax year 2023

Filed by FOUNDATION COMMUNITIES INC.

Totals

Total revenue
$41,254,625
Total expenses
$30,230,380
Contributions and grants received
$26,062,451
Grants paid
$1,003,435
Program services expenses (Part IX)
$26,012,590
Management and general expenses
$2,942,420
Fundraising expenses
$1,275,370
Program service expenses (Part III)
$26,012,590

Program services were 86.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • Walter Moreau

    Exec. Director

    Total calculated
    $392,818
    From this org
    $369,104
    From related orgs
    $0
    Other
    $23,714
    Hours/week
    40 + 40 related

    Schedule J breakdown matched by us

    Base
    $339,900
    Bonus
    $49,000
    Other
    not reported
    Deferred
    $17,806
    Nontaxable benefits
    $5,908
    Filer's total
    $412,614

  • Vicki McDonald

    Chief REO

    Total calculated
    $230,330
    From this org
    $214,206
    From related orgs
    $0
    Other
    $16,124
    Hours/week
    40 + 40 related

    Schedule J breakdown matched by us

    Base
    $184,358
    Bonus
    $31,000
    Other
    not reported
    Deferred
    $10,751
    Nontaxable benefits
    $5,373
    Filer's total
    $231,482

  • Ann Clift

    CFO

    Total calculated
    $214,561
    From this org
    $198,937
    From related orgs
    $0
    Other
    $15,624
    Hours/week
    40 + 40 related

    Schedule J breakdown matched by us

    Base
    $184,358
    Bonus
    $21,000
    Other
    not reported
    Deferred
    $10,251
    Nontaxable benefits
    $5,373
    Filer's total
    $220,982

  • Marisela Montoya

    Chief Prog. Ofr

    Total calculated
    $170,180
    From this org
    $157,119
    From related orgs
    $0
    Other
    $13,061
    Hours/week
    40 + 40 related

    Schedule J breakdown matched by us

    Base
    $136,500
    Bonus
    $21,000
    Other
    not reported
    Deferred
    $7,884
    Nontaxable benefits
    $5,177
    Filer's total
    $170,561

  • Sabrina Butler

    Dir. R.E. Develop.

    Total calculated
    $167,843
    From this org
    $154,361
    From related orgs
    $0
    Other
    $13,482
    Hours/week
    40 + 40 related

    Schedule J breakdown matched by us

    Base
    $133,661
    Bonus
    $20,700
    Other
    not reported
    Deferred
    $8,272
    Nontaxable benefits
    $5,210
    Filer's total
    $167,843

  • Kathleen Peschel

    CPAO

    Total calculated
    $166,680
    From this org
    $153,654
    From related orgs
    $0
    Other
    $13,026
    Hours/week
    40 + 40 related

    Schedule J breakdown matched by us

    Base
    $136,500
    Bonus
    $20,300
    Other
    not reported
    Deferred
    $7,849
    Nontaxable benefits
    $5,177
    Filer's total
    $169,826

  • Desiree Golden

    Dir. Prop. Mgmt.

    Total calculated
    $166,034
    From this org
    $153,086
    From related orgs
    $0
    Other
    $12,948
    Hours/week
    40 + 40 related

    Schedule J breakdown matched by us

    Base
    $147,086
    Bonus
    $6,000
    Other
    not reported
    Deferred
    $7,714
    Nontaxable benefits
    $5,234
    Filer's total
    $166,034

  • Julie Candoli

    Dir. Inst. Giving

    Total calculated
    $148,765
    From this org
    $136,936
    From related orgs
    $0
    Other
    $11,829
    Hours/week
    40 + 40 related

  • Mandy Lewis

    Dir. Asset Mgmt

    Total calculated
    $132,071
    From this org
    $120,933
    From related orgs
    $0
    Other
    $11,138
    Hours/week
    40 + 40 related

  • Mary C Young

    Dir. Supp. Housing

    Total calculated
    $131,556
    From this org
    $120,443
    From related orgs
    $0
    Other
    $11,113
    Hours/week
    40 + 40 related

  • Angela Herron

    Board Member

    Total calculated
    $0
    Hours/week
    5 + 5 related

  • Jason Reneau

    Board Member

    Total calculated
    $0
    Hours/week
    5 + 5 related

  • Estrellita Doolin

    Board Member

    Total calculated
    $0
    Hours/week
    5 + 5 related

  • Angelique Goodnough

    Vice Chair

    Total calculated
    $0
    Hours/week
    5 + 5 related

  • Tiffany Nicely-Williams

    Board Member

    Total calculated
    $0
    Hours/week
    5 + 5 related

  • Jewel Arrington

    Chair

    Total calculated
    $0
    Hours/week
    5 + 5 related

  • David Hart

    Board Secretary

    Total calculated
    $0
    Hours/week
    5 + 5 related

  • Faye Goggins

    Board Member

    Total calculated
    $0
    Hours/week
    5 + 5 related

  • Andrew Clements

    Board Member

    Total calculated
    $0
    Hours/week
    5 + 5 related

  • Michael Furrow

    Board Member

    Total calculated
    $0
    Hours/week
    5

  • Yvette Flores

    Board Member

    Total calculated
    $0
    Hours/week
    5 + 5 related

  • Betty Warren

    Board Member

    Total calculated
    $0
    Hours/week
    5 + 5 related

  • Phil Redmond

    Board Member

    Total calculated
    $0
    Hours/week
    5 + 5 related

  • Selina Serna

    Treasurer

    Total calculated
    $0
    Hours/week
    5 + 5 related

  • Erika Levack

    Board Member

    Total calculated
    $0
    Hours/week
    5 + 5 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation committee
  • 3 · Form 990 of other organizations
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 7 · Other non-fixed payments

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

Part I, Line 7: Non-Fixed payments not listed above
Bonus amounts are approved by board of directors to Executive Director and ED approves any bonus to staff based on exceptional performance or merit. Additionally all staff receive holiday bonus based on years of service and capped at $1,000 per person.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2023
Filed
18 July 2024
IRS schema version
2023v5.1
Source object
202442009349300114

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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