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Nonprofiteer
← COMMUNITY FOUNDATION OF HERKIMER AND ONEIDA COUNTIES INC

Form 990 for tax year 2023

Filed by COMMUNITY FOUNDATION OF HERKIMER AND ONEIDA COUNTIES INC.

Totals

Total revenue
$21,224,240
Total expenses
$14,608,801
Contributions and grants received
$14,126,771
Grants paid
$9,700,270
Program service revenue
$87,685
Investment income
$7,009,784
Other revenue
$0
Total assets, end of year
$201,478,972
Total liabilities, end of year
$16,870,588
Net assets or fund balances, end of year
$184,608,384
Program services expenses (Part IX)
$11,094,139
Management and general expenses
$3,112,284
Fundraising expenses
$402,378
Program service expenses (Part III)
$11,094,139

Program services were 75.9% 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

    $14,126,771

  • 1g · Noncash contributions included above

    $1,005,568

  • 2a · Program service revenue: AGENCY FUNDS ADMIN FEE

    total $87,685 · related or exempt $87,685

  • 3 · Investment income

    total $3,793,939 · related or exempt $3,793,939

  • 7a · Gross sales of assets other than inventory

    securities $3,216,611

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

    securities $0 · other assets $766

  • 7c · Gain or loss

    securities $3,216,611 · other assets -$766

  • 7d · Net gain or loss

    total $3,215,845 · related or exempt $3,215,845

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $9,386,041 · program services $9,386,041

  • 2 · Grants to domestic individuals

    total $314,229 · program services $314,229

  • 5 · Compensation of officers, directors and key employees

    total $483,877 · program services $97,823 · management and general $288,231 · fundraising $97,823

  • 7 · Other salaries and wages

    total $1,352,753 · program services $294,503 · management and general $861,588 · fundraising $196,662

  • 8 · Pension plan contributions

    total $76,203 · program services $11,288 · management and general $59,530 · fundraising $5,385

  • 9 · Other employee benefits

    total $144,693 · program services $23,724 · management and general $107,734 · fundraising $13,235

  • 10 · Payroll taxes

    total $135,640 · program services $22,313 · management and general $98,542 · fundraising $14,785

  • 11b · Fees: legal

    total $43,453 · program services $10,089 · management and general $29,011 · fundraising $4,353

  • 11c · Fees: accounting

    total $22,005 · program services $3,620 · management and general $15,987 · fundraising $2,398

  • 11f · Fees: investment management

    total $1,191,948 · management and general $1,191,948

  • 11g · Fees: other

    total $39,597 · program services $3,246 · management and general $34,200 · fundraising $2,151

  • 12 · Advertising and promotion

    total $93,319 · program services $30,706 · management and general $54,444 · fundraising $8,169

  • 13 · Office expenses

    total $44,146 · program services $7,262 · management and general $32,072 · fundraising $4,812

  • 14 · Information technology

    total $143,773 · program services $23,650 · management and general $104,451 · fundraising $15,672

  • 16 · Occupancy

    total $107,143 · program services $17,626 · management and general $77,839 · fundraising $11,678

  • 17 · Travel

    total $36,178 · program services $14,316 · management and general $13,201 · fundraising $8,661

  • 19 · Conferences, conventions and meetings

    total $25,101 · program services $8,988 · management and general $12,917 · fundraising $3,196

  • 22 · Depreciation, depletion and amortization

    total $45,957 · management and general $45,957

  • 23 · Insurance

    total $26,564 · program services $4,370 · management and general $19,299 · fundraising $2,895

  • 24a · Other expenses: PROGRAM INITIATIVES

    total $800,480 · program services $800,480

  • 24b · Other expenses: DEVELOPMENT & EVENTS

    total $73,302 · program services $11,924 · management and general $52,665 · fundraising $8,713

  • 24c · Other expenses: MEMBERSHIPS & PUBLICATI

    total $12,022 · program services $1,956 · management and general $8,640 · fundraising $1,426

  • 24d · Other expenses: MISCELLANEOUS

    total $10,377 · program services $5,985 · management and general $4,028 · fundraising $364

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $3,456,140 · end of year $9,985,880

  • 3 · Pledges and grants receivable

    beginning of year $500,000 · end of year $0

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

    $449,211

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

    $293,932

  • 10c · Land, buildings and equipment, net

    beginning of year $167,571 · end of year $155,279

  • 11 · Investments: publicly traded securities

    beginning of year $156,696,687 · end of year $176,703,166

  • 12 · Investments: other securities

    beginning of year $9,204,156 · end of year $7,808,333

  • 15 · Other assets

    beginning of year $6,605,245 · end of year $6,826,314

  • 17 · Accounts payable and accrued expenses

    beginning of year $196,964 · end of year $192,812

  • 18 · Grants payable

    beginning of year $5,646,182 · end of year $5,375,825

  • 19 · Deferred revenue

    beginning of year $984,828 · end of year $825,818

  • 25 · Other liabilities

    beginning of year $9,091,288 · end of year $10,476,133

  • 27 · Net assets without donor restrictions

    beginning of year $30,743,379 · end of year $34,974,884

  • 28 · Net assets with donor restrictions

    beginning of year $129,967,158 · end of year $149,633,500

Mission and programs · 2023

Mission

WORKING TOWARD ITS VISION OF A VIBRANT REGION WITH OPPORTUNITY FOR ALL, THE COMMUNITY FOUNDATION SUPPORTS AND LEADS TRANSFORMATIONAL INITIATIVES AND PROJECTS THAT BUILD, SUSTAIN AND ENHANCE COMMUNITY VIBRANCY; STEWARDS COMMUNITY RESOURCES TO ENSURE GREATER CAPACITY FOR FUTURE NEEDS; AND RESPONDS TO RISING COMMUNITY NEEDS IN COLLABORATION WITH APPROPRIATE PARTNERS.

Activities or mission (Part I)

TO IMPROVE THE LIVES OF THE RESIDENTS OF HERKIMER AND ONEIDA COUNTIES.

  • THE COMMUNITY FOUNDATION IS A COMMUNITY-BASED, SOCIAL IMPACT INVESTOR THAT USES ITS FINANCIAL, INTELLECTUAL AND CONVENING CAPITAL TO IMPROVE QUALITY OF LIFE IN HERKIMER AND ONEIDA COUNTIES. IN 2023, THE COMMUNITY FOUNDATION AWARDED MORE THAN 1,881 GRANTS AND SCHOLARSHIPS TO ELIGIBLE NONPROFITS PRIMARILY IN HERKIMER AND ONEIDA COUNTIES. RESPONSIVE GRANTS FOCUS ON NEEDS RELATED TO THE COMMUNITY FOUNDATION'S CORE INVESTMENT AREAS - ECONOMIC DEVELOPMENT, EDUCATION, HEALTH AND ARTS/CULTURE - AND HELP NONPROFITS BETTER SERVE THEIR CONSITUENTS.

    Expenses $11,094,139 · Grants $9,700,270 · Revenue $7,097,469

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

Listed in Part VII

  • Robert Bojanek

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Roann Destito

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Shyqual Lewis

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • James Engler

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Michael Hayduk

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Kirk Hinman

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Harrison Hummel

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • Kay Klo

    FORMER TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Cathleen McColgin

    FORMER TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Gregory McLean

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • Kay Parker

    FORMER TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Randall Vanwagoner

    FORMER TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Mark Warfel

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Bradley Waters

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Kathryn Zongrone

    SECRETARY

    Total calculated
    $0
    Hours/week
    3

  • Jawwaad Rasheed

    IMMEDIATE PAST CHAIR

    Total calculated
    $0
    Hours/week
    2

  • Rev Joseph Salerno

    CHAIR

    Total calculated
    $0
    Hours/week
    3

  • Timothy Daly

    TREASURER

    Total calculated
    $0
    Hours/week
    3

  • Cheryl Minor

    CHAIR-ELECT

    Total calculated
    $0
    Hours/week
    3

  • David Manzelmann

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • Alicia Dicks

    PRESIDENT/CHIEF EXECUTIVE OFFICER

    Total calculated
    $293,470
    From this org
    $252,745
    From related orgs
    $0
    Other
    $40,725
    Hours/week
    36

    Schedule J breakdown matched by us

    Base
    $202,745
    Bonus
    $50,000
    Other
    $0
    Deferred
    $18,629
    Nontaxable benefits
    $22,096
    Filer's total
    $293,470

  • Erika Eastman

    CHIEF FINANCIAL OFFICER

    Total calculated
    $190,408
    From this org
    $156,663
    From related orgs
    $0
    Other
    $33,745
    Hours/week
    36

    Schedule J breakdown matched by us

    Base
    $153,330
    Bonus
    $3,333
    Other
    $0
    Deferred
    $11,541
    Nontaxable benefits
    $22,204
    Filer's total
    $190,408

  • John Husnay

    DIRECTOR OF BUSINESS OPERA

    Total calculated
    $130,572
    From this org
    $102,593
    From related orgs
    $0
    Other
    $27,979
    Hours/week
    36

  • John Swann

    FORMER EXECUTIVE VICE PRESIDENT

    Total calculated
    $134,344
    From this org
    $127,065
    From related orgs
    $0
    Other
    $7,279
    Hours/week
    36

  • Nicholas Grimmer

    DIRECTOR OF GIVING STRATEG

    Total calculated
    $135,542
    From this org
    $126,675
    From related orgs
    $0
    Other
    $8,867
    Hours/week
    36

  • Jacqueline Klotzbach

    DIRECTOR OF SYSTEMS AND STRATEGY

    Total calculated
    $122,888
    From this org
    $107,344
    From related orgs
    $0
    Other
    $15,544
    Hours/week
    36

  • Olivia Paul

    DIRECTOR OF COMMUNITY ENGAGEMENT

    Total calculated
    $117,251
    From this org
    $109,571
    From related orgs
    $0
    Other
    $7,680
    Hours/week
    36

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

  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4a · Severance or change-of-control payment

Answered no

  • 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.

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.

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.

  • COMMUNITY FOUNDATION GIFT HOLDING LLC

    HOLDING OF GIFTED REAL ESTATE · NY

    Directly controlled by THE COMMUNITY FOUNDATION OF HERKIMER AND ONEIDA COUNTIES INC

  • CF IMPACT CENTER LLC

    CREATING A COMMUNITY IMPACT CENTER · NY

    Directly controlled by THE COMMUNITY FOUNDATION OF HERKIMER AND ONEIDA COUNTIES INC

  • 2608 GENESEE LLC

    HOLDING OF COMPLEX GIFTS · NY

    Directly controlled by THE COMMUNITY FOUNDATION OF HERKIMER AND ONEIDA COUNTIES INC

Provenance

Return type
form_990
Tax year
2023
Filed
17 October 2024
IRS schema version
2023v5.1
Source object
202412969349301226

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

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