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Nonprofiteer
← UNION COUNTY FOUNDATION INC

Form 990 for tax year 2023

Filed by UNION COUNTY FOUNDATION INC.

Totals

Total revenue
$1,215,197
Total expenses
$1,147,508
Contributions and grants received
$599,030
Grants paid
$738,075
Program service revenue
$164,332
Investment income
$451,509
Other revenue
$326
Total assets, end of year
$11,084,351
Total liabilities, end of year
$60,684
Net assets or fund balances, end of year
$11,023,667
Program services expenses (Part IX)
$1,004,129
Management and general expenses
$90,098
Fundraising expenses
$53,281
Program service expenses (Part III)
$1,004,129

Program services were 87.5% 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

    $599,030

  • 2a · Program service revenue: ADMINISTRATIVE FEES

    total $164,332 · excluded $164,332

  • 3 · Investment income

    total $377,707 · excluded $377,707

  • 7a · Gross sales of assets other than inventory

    securities $1,582,282

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

    securities $1,508,480

  • 7c · Gain or loss

    securities $73,802

  • 7d · Net gain or loss

    total $73,802 · excluded $73,802

  • 11a · Other revenue: MISCELLANEOUS

    total $326 · excluded $326

  • 11e · Other revenue, total

    $326

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $638,075 · program services $638,075

  • 2 · Grants to domestic individuals

    total $100,000 · program services $100,000

  • 7 · Other salaries and wages

    total $100,099 · program services $24,556 · management and general $35,597 · fundraising $39,946

  • 10 · Payroll taxes

    total $8,318 · program services $1,997 · management and general $2,875 · fundraising $3,446

  • 11a · Fees: management

    total $164,332 · program services $164,332

  • 11c · Fees: accounting

    total $39,475 · management and general $39,475

  • 11f · Fees: investment management

    total $25,108 · program services $25,108

  • 12 · Advertising and promotion

    total $7,009 · program services $509 · fundraising $6,500

  • 13 · Office expenses

    total $6,288 · program services $2,515 · management and general $1,258 · fundraising $2,515

  • 14 · Information technology

    total $17,380 · program services $13,904 · management and general $3,476

  • 16 · Occupancy

    total $9,439 · program services $7,431 · management and general $1,928 · fundraising $80

  • 17 · Travel

    total $1,618 · program services $1,294 · fundraising $324

  • 19 · Conferences, conventions and meetings

    total $2,351 · program services $1,881 · fundraising $470

  • 22 · Depreciation, depletion and amortization

    total $12,198 · program services $9,758 · management and general $2,440

  • 23 · Insurance

    total $6,224 · program services $4,979 · management and general $1,245

  • 24a · Other expenses: MAINTENANCE AND REPAIRS

    total $9,019 · program services $7,215 · management and general $1,804

  • 24b · Other expenses: MEMBERSHIP DUES

    total $575 · program services $575

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $1,392,742 · end of year $774,413

  • 4 · Accounts receivable

    end of year $13,137

  • 9 · Prepaid expenses and deferred charges

    beginning of year $3,683 · end of year $5,375

  • 10a · Land, buildings and equipment: cost or other basis

    $754,440

  • 10b · Land, buildings and equipment: accumulated depreciation

    $137,874

  • 10c · Land, buildings and equipment, net

    beginning of year $597,254 · end of year $616,566

  • 11 · Investments: publicly traded securities

    beginning of year $8,211,838 · end of year $9,380,119

  • 12 · Investments: other securities

    end of year $294,741

  • 17 · Accounts payable and accrued expenses

    beginning of year $5,352 · end of year $17,661

  • 18 · Grants payable

    end of year $27,650

  • 25 · Other liabilities

    beginning of year $13,678 · end of year $15,373

  • 27 · Net assets without donor restrictions

    beginning of year $864,155 · end of year $868,027

  • 28 · Net assets with donor restrictions

    beginning of year $9,322,332 · end of year $10,155,640

Mission and programs · 2023

Mission

TO ASSIST DONORS IN BUILDING AND PRESERVING PERPETUAL CHARITABLE FUNDS; TO MEET THE CHANGING NEEDS OF OUR COMMUNITY AND TO ENRICH THE QUALITY OF LIFE FOR THE RESIDENTS OF UNION COUNTY.

  • GRANTS AND SCHOLARSHIPS ARE PAID OUT TO LOCAL ORGANIZATIONS OR STUDENTS FROM EARNINGS ON ENDOWED FUNDS AND CONTRIBUTIONS TO THE FUNDS.

    Expenses $1,004,129 · Grants $738,075 · Revenue $164,332

  • N/A

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Richard Worcester

    PRESIDENT

    Total calculated
    $0
    Hours/week
    3

  • Aaron Welty

    VICE-PRESIDE

    Total calculated
    $0
    Hours/week
    2

  • Rebecka Sayne-Meyer

    SECRETARY

    Total calculated
    $0
    Hours/week
    2

  • Ted Sanford

    TREASURER

    Total calculated
    $0
    Hours/week
    2

  • Michael Rogers

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Victoria Snyder

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Marsha Eldridge

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Amy Townsend

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Gena Hartman

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Michael Sweet

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Olivia Chewning

    EXECUTIVE DI

    Total calculated
    $0
    Hours/week
    40

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.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • UC REVITALIZATION LLC

    PROPERTY · IN · income $22,654 · assets $540,605

    Directly controlled by UNION COUNTY FOUNDATION INC

Provenance

Return type
form_990
Tax year
2023
Filed
4 November 2024
IRS schema version
2023v5.0
Source object
202433139349300613

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

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