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Nonprofiteer
← NAVIGANT CREDIT UNION CHARITABLE FOUNDATION INC

Form 990 for tax year 2022

Filed by NAVIGANT CREDIT UNION CHARITABLE FOUNDATION INC.

Totals

Total revenue
$682,704
Total expenses
$488,481
Contributions and grants received
$427,337
Grants paid
$407,000
Program service revenue
$0
Investment income
$255,367
Other revenue
$0
Total assets, end of year
$9,063,635
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$9,063,635
Program services expenses (Part IX)
$407,000
Management and general expenses
$81,481
Fundraising expenses
$0
Program service expenses (Part III)
$407,000

Program services were 83.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $427,337

  • 3 · Investment income

    total $188,941 · excluded $188,941

  • 7a · Gross sales of assets other than inventory

    securities $66,426

  • 7b · Less cost or other basis and sales expenses

    securities $0

  • 7c · Gain or loss

    securities $66,426

  • 7d · Net gain or loss

    total $66,426 · excluded $66,426

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $407,000 · program services $407,000

  • 11f · Fees: investment management

    total $81,447 · management and general $81,447

  • 11g · Fees: other

    total $34 · management and general $34

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $2,713,029 · end of year $512,570

  • 9 · Prepaid expenses and deferred charges

    end of year $2,000

  • 11 · Investments: publicly traded securities

    beginning of year $7,425,852 · end of year $8,549,065

  • 29 · Capital stock, trust principal or current funds

    beginning of year $0 · end of year $0

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $0 · end of year $0

  • 31 · Retained earnings, endowment or other funds

    beginning of year $10,138,881 · end of year $9,063,635

Mission and programs · 2022

Mission

TO GIVE BACK TO THE COMMUNITY BY SUPPORTING, PROMOTING, AND FURTHERING CHARITABLE, EDUCATIONAL, SOCIAL SERVICE, CULTURAL, PUBLIC HEALTH, AND CIVIC ORGANIZATIONS, ACTIVITIES, AND CAUSES, PRIMARILY (BUT NOT EXCLUSIVELY) AFFECTING COMMUNITIES IN WHICH NAVIGANT CREDIT UNION HAS BRANCH OFFICES OR MEMBERS.

  • TO PROVIDE CHARITABLE, EDUCATIONAL, AND CIVIC SERVICES TO MEMBERS OF THE COMMUNITY SERVED BY NAVIGANT CREDIT UNION, PRIMARILY IN RHODE ISLAND AND SOUTHERN MASSACHUSETTS.

    Expenses $407,000 · Grants $407,000

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • GARY E FURTADO

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • LISA G DANDENEAU

    TREASURER/DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • TIMOTHY J DRAPER

    SECRETARY/DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • ANN M KASHMANIAN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • JAMES K SALOME

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • KATHLEEN C OROVITZ

    PRESIDENT/CHAIRMAN

    Total calculated
    $0
    Hours/week
    1

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, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

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
2022
Filed
13 November 2023
IRS schema version
2022v5.0
Source object
202303189349302855

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

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