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Nonprofiteer
← CAPE CORAL COMMUNITY FOUNDATION

Form 990 for tax year 2023

Filed by CAPE CORAL COMMUNITY FOUNDATION.

Totals

Total revenue
$2,342,530
Total expenses
$1,231,525
Contributions and grants received
$1,494,860
Grants paid
$323,779
Program service revenue
$0
Investment income
$658,734
Other revenue
$188,936
Total assets, end of year
$14,257,718
Total liabilities, end of year
$50,775
Net assets or fund balances, end of year
$14,206,943
Program services expenses (Part IX)
$406,129
Management and general expenses
$608,403
Fundraising expenses
$216,993
Program service expenses (Part III)
$406,129

Program services were 33.0% 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

    $1,494,860

  • 3 · Investment income

    total $266,967 · excluded $266,967

  • 7a · Gross sales of assets other than inventory

    securities $391,767

  • 7c · Gain or loss

    securities $391,767

  • 7d · Net gain or loss

    total $391,767 · excluded $391,767

  • 11a · Other revenue: ADMINISTRATIVE FEES

    total $188,936 · related or exempt $188,936

  • 11e · Other revenue, total

    $188,936

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $290,079 · program services $290,079

  • 2 · Grants to domestic individuals

    total $33,700 · program services $33,700

  • 5 · Compensation of officers, directors and key employees

    total $165,485 · program services $33,097 · management and general $82,743 · fundraising $49,645

  • 7 · Other salaries and wages

    total $67,175 · program services $13,434 · management and general $33,588 · fundraising $20,153

  • 10 · Payroll taxes

    total $13,198 · program services $2,640 · management and general $6,599 · fundraising $3,959

  • 11f · Fees: investment management

    total $361,392 · management and general $361,392

  • 11g · Fees: other

    total $73,618 · management and general $73,618

  • 12 · Advertising and promotion

    total $16,558 · program services $4,967 · management and general $1,656 · fundraising $9,935

  • 13 · Office expenses

    total $92,033 · program services $25,080 · management and general $26,046 · fundraising $40,907

  • 16 · Occupancy

    total $15,888 · program services $871 · management and general $14,873 · fundraising $144

  • 19 · Conferences, conventions and meetings

    total $10,868 · program services $2,170 · management and general $6,522 · fundraising $2,176

  • 22 · Depreciation, depletion and amortization

    total $303 · program services $91 · management and general $30 · fundraising $182

  • 23 · Insurance

    total $1,336 · management and general $1,336

  • 24a · Other expenses: SPECIAL EVENTS

    total $89,892 · fundraising $89,892

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $482,930 · end of year $466,366

  • 3 · Pledges and grants receivable

    beginning of year $804,196 · end of year $10,263

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

    $24,788

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

    $24,299

  • 10c · Land, buildings and equipment, net

    beginning of year $793 · end of year $489

  • 11 · Investments: publicly traded securities

    beginning of year $11,035,569 · end of year $12,788,974

  • 15 · Other assets

    beginning of year $975 · end of year $991,626

  • 17 · Accounts payable and accrued expenses

    beginning of year $49,189 · end of year $48,732

  • 18 · Grants payable

    beginning of year $93,282 · end of year $2,043

  • 27 · Net assets without donor restrictions

    beginning of year $3,410,873 · end of year $3,703,399

  • 28 · Net assets with donor restrictions

    beginning of year $8,771,119 · end of year $10,503,544

Mission and programs · 2023

Mission

TO PROVIDE A POOL OF PHILANTHROPIC FUNDS TO MEET CHARITABLE NEEDS IN THE GREATER CAPE CORAL AREA AND TO ASSIST IN MAKING CHARITABLE GIFTS

  • IN CARRYING OUT THE ORGANIZATION'S EXEMPT PURPOSE, THE ORGANIZATION INCURRED PROGRAM EXPENSES RELATED TO MANAGING CHARITABLE GIFTS AND ADDRESSING COMMUNITY NEEDS IN EDUCATION, HEALTH, RELIGION, CULTURAL AFFAIRS AND SOCIAL WELFARE.

    Expenses $406,129 · Grants $323,779

  • GIVING ALLIANCE OF WOMEN - CONTRIBUTIONS MADE BY WOMEN FOR THE BENEFIT OF NON PROFITS THAT PROVIDE SERVICES FOR WOMEN AND CHILDREN.

As filed on the 2023 return.

Listed in Part VII

  • Michael Chatman

    EXECUTIVE DI

    Total calculated
    $163,894
    From this org
    $159,120
    From related orgs
    $0
    Other
    $4,774
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $159,120
    Bonus
    not reported
    Other
    not reported
    Deferred
    $4,774
    Nontaxable benefits
    not reported
    Filer's total
    $163,894

  • Joseph Cerino

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1.5

  • Tami Cindrich

    TREASURER

    Total calculated
    $0
    Hours/week
    1.5

  • Eva Gonzalez

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1.5

  • Kevin Johnson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1.5

  • Paul Lodato

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1.5

  • Alfonso Mancini

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1.5

  • Wes Olds

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1.5

  • Todd Thomas

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1.5

  • Earnest Wilks

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1.5

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. 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

None.

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
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

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

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

Provenance

Return type
form_990
Tax year
2023
Filed
15 May 2025
IRS schema version
2023v6.0
Source object
202521359349318357

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

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