Form 990 for tax year 2022
Filed by COMMUNITY FOUNDATION OF THE NEW RIVER VALLEY INC.
Totals
- Total revenue
- $1,353,005
- Total expenses
- $1,048,248
- Contributions and grants received
- $1,102,971
- Grants paid
- $543,644
- Program service revenue
- $0
- Investment income
- $250,034
- Other revenue
- $0
- Total assets, end of year
- $14,334,385
- Total liabilities, end of year
- $58,908
- Net assets or fund balances, end of year
- $14,275,477
- Program services expenses (Part IX)
- $901,624
- Management and general expenses
- $99,993
- Fundraising expenses
- $46,631
- Program service expenses (Part III)
- $901,624
Program services were 86.0% 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
$1,102,971
-
3 · Investment income
total $339,074
-
7a · Gross sales of assets other than inventory
other assets $3,033,993
-
7b · Less cost or other basis and sales expenses
other assets $3,123,033
-
7c · Gain or loss
other assets -$89,040
-
7d · Net gain or loss
total -$89,040
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $398,686 · program services $398,686
-
2 · Grants to domestic individuals
total $144,958 · program services $144,958
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $88,400 · program services $53,040 · management and general $17,680 · fundraising $17,680
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $106,321 · program services $78,743 · management and general $13,789 · fundraising $13,789
-
8 · Pension plan contributions
total $10,770 · program services $7,578 · management and general $1,596 · fundraising $1,596
-
9 · Other employee benefits
total $18,099 · program services $9,049 · management and general $4,525 · fundraising $4,525
-
10 · Payroll taxes
total $14,824 · program services $10,034 · management and general $2,395 · fundraising $2,395
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $31,590 · program services $8,795 · management and general $22,795
-
11d · Fees: lobbying
total $0
-
11f · Fees: investment management
total $83,877 · program services $83,877
-
11g · Fees: other
total $4,600 · program services $4,600
-
12 · Advertising and promotion
total $3,147 · fundraising $3,147
-
13 · Office expenses
total $12,546 · program services $5,889 · management and general $6,527 · fundraising $130
-
14 · Information technology
total $25,414 · program services $15,249 · management and general $8,895 · fundraising $1,270
-
15 · Royalties
total $0
-
16 · Occupancy
total $26,487 · program services $19,866 · management and general $5,297 · fundraising $1,324
-
17 · Travel
total $1,677 · program services $1,258 · management and general $335 · fundraising $84
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $0
-
23 · Insurance
total $11,326 · program services $5,000 · management and general $6,326
-
24a · Other expenses: DUES, SUBSCRIPTIONS FEES
total $6,242 · program services $1,116 · management and general $4,543 · fundraising $583
-
24b · Other expenses: RECOGNITION DONOR RELATIONS
total $571 · management and general $463 · fundraising $108
-
24c · Other expenses: PROPERTY TAX
total $517 · program services $222 · management and general $295
-
24d · Other expenses: INITIATIVES PROGRAMS
total $53,664 · program services $53,664
-
24e · All other expenses
total $4,532 · management and general $4,532
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $476,118 · end of year $127,368
-
2 · Savings and temporary cash investments
beginning of year $633,685 · end of year $442,228
-
7 · Other notes and loans receivable
beginning of year $100,000 · end of year $50,000
-
10a · Land, buildings and equipment: cost or other basis
$30,000
-
10c · Land, buildings and equipment, net
beginning of year $30,000 · end of year $30,000
-
11 · Investments: publicly traded securities
beginning of year $14,764,736 · end of year $13,625,062
-
15 · Other assets
beginning of year $26,966 · end of year $59,727
-
17 · Accounts payable and accrued expenses
beginning of year $1,816 · end of year $58,908
-
27 · Net assets without donor restrictions
beginning of year $120,302 · end of year $131,589
-
28 · Net assets with donor restrictions
beginning of year $15,909,387 · end of year $14,143,888
Mission and programs · 2022
Mission
THE MISSION OF THE COMMUNITY FOUNDATION OF THE NEW RIVER VALLEY IS TO ENRICH OUR COMMUNITY BY PROVIDING PROFESSIONAL MANAGEMENT SERVICES TO DONORS FOR THEIR CHARITABLE CAUSES, AWARDING VISIONARY GRANTS AND SCHOLARSHIPS, AND NURTURING COLLABORATIONS IN OUR COMMUNITY.
Activities or mission (Part I)
TO ENHANCE THE QUALITY OF LIFE IN THE NEW RIVER VALLEY VA.
-
THE CFNRV AWARDS GRANTS/SCHOLARSHIPS TO LOCAL CHARITIES, CHURCHES, SCHOOLS AND INDIVIDUALS WORKING TO IMPROVE THE QUALITY OF LIFE FOR RESIDENTS OF THE NRV OF SW VIRGINIA. THE CFNRV ALSO PROVIDES WORKSHOPS AND TRAINING FOR VARIOUS NON-PROFIT ORGANIZATIONS AND INDIVIDUALS, AS WELL AS COLLABORATIVE INITIATIVES WITH OTHER LOCAL LEADERS.
Expenses $901,624 · Grants $543,644
As filed on the 2022 return.
Listed in Part VII
-
Pat HyerPAT HYER
PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Kathy KrendlKATHY KRENDL
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
David RigganDAVID RIGGAN
TREASURER
- Total calculated
- $0
- Hours/week
- 2
-
F Brad DenardoF BRAD DENARDO
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Paula AlstonPAULA ALSTON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Nancy ArtisNANCY ARTIS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Eric ChapmanERIC CHAPMAN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
William EllenbogenWILLIAM ELLENBOGEN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Gary HancockGARY HANCOCK
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Pat HuberPAT HUBER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Angela JoynerANGELA JOYNER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Jamie McReynoldsJAMIE MCREYNOLDS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
John MuffoJOHN MUFFO
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Karen Eley SandersKAREN ELEY SANDERS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Roger SlusherROGER SLUSHER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Andrew WarrenANDREW WARREN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Jill WilliamsJILL WILLIAMS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Jessica WirgauJESSICA WIRGAU
CEO
- Total calculated
- $0
- Hours/week
- 45
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
-
$12,000
To support the mission of the organization
-
To support the mission of the organization
-
To support the mission of the organization
-
To support the mission of the organization
-
$9,000
To support the mission of the organization
-
$8,845
To support the mission of the organization
-
$8,600
To support the mission of the organization
-
New River Valley Agency on Aging
$8,400
To support the mission of the organization
-
$7,640
To support the mission of the organization
-
$7,500
To support the mission of the organization
The 10 largest by cash amount. The API serves every itemized grant.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 12 October 2023
- IRS schema version
- 2022v5.0
- Source object
- 202322849349300147
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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