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Nonprofiteer
← NORTHERN CHAUTAUQUA COMMUNITY FOUNDATION INC

Form 990 for tax year 2024

Filed by NORTHERN CHAUTAUQUA COMMUNITY FOUNDATION INC.

Totals

Total revenue
$4,303,670
Total expenses
$1,836,605
Contributions and grants received
$3,537,184
Grants paid
$1,276,697
Program service revenue
$30,338
Investment income
$847,206
Other revenue
-$111,058
Total assets, end of year
$42,688,723
Total liabilities, end of year
$4,024,393
Net assets or fund balances, end of year
$38,664,330
Program services expenses (Part IX)
$1,594,427
Management and general expenses
$150,468
Fundraising expenses
$91,710
Program service expenses (Part III)
$1,594,427

Program services were 86.8% 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.

  • 1b · Membership dues

    $11,281

  • 1c · Fundraising events

    $206,941

  • 1f · All other contributions, gifts and grants

    $3,318,962

  • 1g · Noncash contributions included above

    $153,232

  • 2a · Program service revenue: ADMINISTRATIVE FEES - AGENCY

    total $30,338 · related or exempt $30,338

  • 3 · Investment income

    total $1,041,144 · excluded $1,041,144

  • 7a · Gross sales of assets other than inventory

    securities $5,184,936

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

    securities $5,378,874

  • 7c · Gain or loss

    securities -$193,938

  • 7d · Net gain or loss

    total -$193,938 · excluded -$193,938

  • 8a · Fundraising events: contributions included on line 1c

    $206,941

  • 8b · Fundraising events: direct expenses

    $111,058

  • 8c · Net income from fundraising events

    total -$111,058

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $889,640 · program services $889,640

  • 2 · Grants to domestic individuals

    total $387,057 · program services $387,057

  • 5 · Compensation of officers, directors and key employees

    total $86,369 · program services $48,367 · management and general $22,456 · fundraising $15,546

  • 7 · Other salaries and wages

    total $296,340 · program services $165,951 · management and general $77,048 · fundraising $53,341

  • 8 · Pension plan contributions

    total $8,578 · program services $4,804 · management and general $2,230 · fundraising $1,544

  • 9 · Other employee benefits

    total $27,387 · program services $15,336 · management and general $7,121 · fundraising $4,930

  • 10 · Payroll taxes

    total $30,000 · program services $16,800 · management and general $7,800 · fundraising $5,400

  • 11c · Fees: accounting

    total $6,390 · program services $6,250 · management and general $140

  • 11g · Fees: other

    total $19,191 · program services $12,474 · management and general $4,414 · fundraising $2,303

  • 12 · Advertising and promotion

    total $17,453 · program services $11,345 · management and general $4,014 · fundraising $2,094

  • 13 · Office expenses

    total $10,521 · program services $6,838 · management and general $2,420 · fundraising $1,263

  • 14 · Information technology

    total $23,054 · program services $14,986 · management and general $5,302 · fundraising $2,766

  • 16 · Occupancy

    total $9,625 · program services $2,984 · management and general $6,160 · fundraising $481

  • 19 · Conferences, conventions and meetings

    total $4,113 · program services $2,673 · management and general $946 · fundraising $494

  • 22 · Depreciation, depletion and amortization

    total $5,044 · program services $1,564 · management and general $3,228 · fundraising $252

  • 23 · Insurance

    total $6,116 · program services $1,896 · management and general $3,914 · fundraising $306

  • 24a · Other expenses: DUES

    total $4,881 · program services $3,172 · management and general $1,123 · fundraising $586

  • 24b · Other expenses: TELEPHONE

    total $2,529 · program services $784 · management and general $1,619 · fundraising $126

  • 24c · Other expenses: MISCELLANEOUS

    total $2,317 · program services $1,506 · management and general $533 · fundraising $278

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $214,289 · end of year $179,068

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

    $172,416

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

    $57,239

  • 10c · Land, buildings and equipment, net

    beginning of year $120,221 · end of year $115,177

  • 11 · Investments: publicly traded securities

    beginning of year $36,731,979 · end of year $42,387,130

  • 15 · Other assets

    beginning of year $6,206 · end of year $7,348

  • 17 · Accounts payable and accrued expenses

    beginning of year $75,952 · end of year $14,563

  • 25 · Other liabilities

    beginning of year $3,919,405 · end of year $4,009,830

  • 27 · Net assets without donor restrictions

    beginning of year $33,077,338 · end of year $38,524,887

  • 28 · Net assets with donor restrictions

    end of year $139,443

Mission and programs · 2024

Mission

IT IS THE MISSION OF THE FOUNDATION TO ENRICH THE AREA IN WHICH WE LIVE AND WORK. TO THIS END, THE FOUNDATION HAS FIVE PRIMARY GOALS: 1. TO BE A CATALYST FOR THE ESTABLISHMENT OF ENDOWMENTS TO BENEFIT THE COMMUNITY BOTH NOW AND IN THE FUTURE; 2. TO PROVIDE A VEHICLE FOR DONORS' VARIED INTERESTS; 3. TO PROMOTE LOCAL PHILANTHROPY; 4. TO SERVE AS A STEWARD OF FUNDS; 5. TO PROVIDE LEADERSHIP AND RESOURCES IN ADDRESSING LOCAL CHALLENGES AND OPPORTUNITIES.

  • Withheld by Nonprofiteer: this text may name a private individual.

    Expenses $1,594,427 · Grants $1,276,697

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here. A text marked withheld matched a screen for wording that may name a private individual, such as an honorific or "in memory of". Most of what it withholds names no one; it is withheld so that what does is never shown.

Listed in Part VII

  • Sylvester Cleary

    SECRETARY

    Total calculated
    $0

  • Susan Crawford-Poster

    BOARD MEMBER

    Total calculated
    $0

  • Adam Dimitri

    BOARD MEMBER

    Total calculated
    $0

  • Rachel Foley

    VICE PRESIDE

    Total calculated
    $0

  • Nancy Adams Fry

    BOARD MEMBER

    Total calculated
    $0

  • Kathy George

    BOARD MEMBER

    Total calculated
    $0

  • John Hamels

    BOARD MEMBER

    Total calculated
    $0

  • Richard Johnson

    BOARD MEMBER

    Total calculated
    $0

  • Richard Ketcham

    BOARD MEMBER

    Total calculated
    $0

  • Josiah Lamp

    BOARD MEMBER

    Total calculated
    $0

  • Kyle Leikam

    BOARD MEMBER

    Total calculated
    $0

  • Sandra Lewis

    BOARD MEMBER

    Total calculated
    $0

  • Danielle Marx

    TREASURER

    Total calculated
    $0

  • Alexandria Murphy

    BOARD MEMBER

    Total calculated
    $0

  • Jessica Ross

    BOARD MEMBER

    Total calculated
    $0

  • Stephanie Stevens

    BOARD MEMBER

    Total calculated
    $0

  • Dave Travis

    PRESIDENT

    Total calculated
    $0

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

  • CHAUTAUQUA REGION ECONOMIC DEV CORP

    $100,250

    COMMUNITY BENEFIT

  • MORGAN STANLEY

    $80,000

    COMMUNITY BENEFIT

  • LUCA S CALANNI FOUNDATION

    $75,000

    COMMUNITY BENEFIT

  • 1891 FREDONIA OPERA HOUSE

    $67,341

    COMMUNITY BENEFIT

  • UW OF NORTHENR CHAUTAUQUA CTY

    $43,169

    COMMUNITY BENEFIT

  • FEEDMORE WNY

    $42,500

    COMMUNITY BENEFIT

  • LILY DALE ASSEMBLY

    $41,703

    COMMUNITY BENEFIT

  • CHAUT HOSPICE AND PALLIATIVE CARE

    $30,054

    COMMUNITY BENEFIT

  • CRCF

    $20,000

    COMMUNITY BENEFIT

  • AHIRA HALL MEMORIAL LIBRARY

    $19,797

    COMMUNITY BENEFIT

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

Provenance

Return type
form_990
Tax year
2024
Filed
10 July 2025
IRS schema version
2024v5.0
Source object
202512189349301001

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

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