Form 990 for tax year 2022
Filed by FOUNDATION FOR WORKFORCE MOBILITY.
Totals
- Total revenue
- $140,656
- Total expenses
- $208,952
- Contributions and grants received
- $353,745
- Grants paid
- $161,604
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- -$213,089
- Total assets, end of year
- $642,551
- Total liabilities, end of year
- $274,533
- Net assets or fund balances, end of year
- $368,018
- Program services expenses (Part IX)
- $161,604
- Management and general expenses
- $47,348
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $161,604
Program services were 77.3% 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.
-
1c · Fundraising events
$340,522
-
1f · All other contributions, gifts and grants
$13,223
-
8a · Fundraising events: gross income
$0
-
8a · Fundraising events: contributions included on line 1c
$340,522
-
8b · Fundraising events: direct expenses
$213,089
-
8c · Net income from fundraising events
total -$213,089 · excluded -$213,089
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $150,604 · program services $150,604
-
2 · Grants to domestic individuals
total $11,000 · program services $11,000
-
11a · Fees: management
total $33,750 · management and general $33,750
-
11g · Fees: other
total $776 · management and general $776
-
23 · Insurance
total $502 · management and general $502
-
24a · Other expenses: BANK FEES
total $10,028 · management and general $10,028
-
24b · Other expenses: DUES & SUBSCRIPTIONS
total $1,882 · management and general $1,882
-
24c · Other expenses: TAXES
total $410 · management and general $410
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $434,576 · end of year $641,729
-
9 · Prepaid expenses and deferred charges
beginning of year $347 · end of year $822
-
15 · Other assets
beginning of year $2,495 · end of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $1,000 · end of year $135,837
-
19 · Deferred revenue
beginning of year $104 · end of year $11,527
-
25 · Other liabilities
beginning of year $0 · end of year $127,169
-
27 · Net assets without donor restrictions
beginning of year $436,314 · end of year $368,018
Mission and programs · 2022
Mission
THE FOUNDATION FOR WORKFORCE MOBILITY (FOUNDATION) IS AN EDUCATIONAL, RESEARCH AND CHARITABLE ENTITY THAT PROVIDES OUTREACH FROM THE RELOCATION INDUSTRY TO THE BROADER BUSINESS COMMUNITY. THE FOUNDATION IS ORGANIZED AND OPERATED EXCLUSIVELY FOR CHARITABLE PURPOSES INCLUDING THE MAKING OF DISTRIBUTIONS TO ORGANIZATIONS THAT ALSO QUALIFY AS EXEMPT ORGANIZATIONS WITHIN THE MEANING OF IRS SECTION 501(C)(3).
-
SCHOLARSHIP: THE FOUNDATION PARTNERS WITH SELECT REGIONAL NON-PROFIT RELOCATION GROUPS TO AWARD SCHOLARSHIPS TO STUDENTS WHO HAVE BEEN IMPACTED BY RELOCATION. THE FOUNDATION'S SCHOLARSHIP MAY BE ENHANCED BY ADDITIONAL GIVING FROM THE REGION.
Expenses $161,604 · Grants $161,604
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
TIMOTHY NOWAK MBA CRP GMS-T SHRM-
CLIENT LEADS DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
ANGEL LOZANO
DIRECTOR OF INSTITUTIONAL ADVANCEMENT
- Total calculated
- $0
- Hours/week
- 0
-
SHANNON BROWN PHR CRP GMS
DIRECTOR OF REFERRAL ENGAGEMENT
- Total calculated
- $0
- Hours/week
- 0
-
STEPHEN MCGARRY SCRP
DIRECTOR, GLOBAL MOBILITY
- Total calculated
- $0
- Hours/week
- 0
-
ROBERT BRIZUELA CRP GMS
SENIOR RELOCATION MANAGER
- Total calculated
- $0
- Hours/week
- 0
-
DAVID BUNNELL
SENIOR VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 0
-
CORINNE MOSSMAN
VP BUSINESS DEVELOPMENT & CLIENT SVCS
- Total calculated
- $0
- Hours/week
- 0
-
SYLVIA SALAZAR
SR. MGR., GLOBAL MOBILITY
- Total calculated
- $0
- Hours/week
- 0
-
ZEKE OAKS
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 0
-
PAMELA DUNLEAVY
VICE PRESIDENT SALES & MARKETING
- Total calculated
- $0
- Hours/week
- 0
-
EVAN MILLER
VICE PRESIDENT, SALES
- Total calculated
- $0
- Hours/week
- 0
-
ELIZABETH HOTZE CRP GMS
VP OF SALES AND MARKETING
- Total calculated
- $0
- Hours/week
- 0
-
ANUPAM SINGHAL
CHIEF STRATEGIC PARTNER OFFICER
- Total calculated
- $0
- Hours/week
- 0
-
LYNN SHOTWELL
PRESIDENT & CEO
- Total calculated
- $524,841
- From this org
- $0
- From related orgs
- $497,841
- Other
- $27,000
- Hours/week
- 1
Schedule J breakdown matched by us
- Base
- $0 + $493,210 related
- Bonus
- $0
- Other
- $0 + $4,631 related
- Deferred
- $0 + $27,000 related
- Nontaxable benefits
- $0
- Filer's total
- $0 + $524,841 related
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
- 4b · Supplemental nonqualified retirement plan
Answered no
- 4a · Severance or change-of-control payment
- 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
-
$150,604
ONGOING GENERAL SUPPORT
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.
-
501(C)(6) · MEMBERSHIP · DC
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 15 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202303199349320375
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