Form 990 for tax year 2023
Filed by FOUNDATION OF THE ARC OF THE UNITED STATES.
Totals
- Total revenue
- $379,281
- Total expenses
- $225,157
- Contributions and grants received
- $341,266
- Grants paid
- $0
- Program service revenue
- $25,000
- Investment income
- $13,015
- Other revenue
- $0
- Total assets, end of year
- $1,237,405
- Total liabilities, end of year
- $135,258
- Net assets or fund balances, end of year
- $1,102,147
- Program services expenses (Part IX)
- $0
- Management and general expenses
- $225,007
- Fundraising expenses
- $150
- Program service expenses (Part III)
- not reported
Program services were 0.0% 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
$341,266
-
2a · Program service revenue: REGISTRATION FEE
total $25,000 · related or exempt $25,000
-
3 · Investment income
total $13,015 · excluded $13,015
Functional expenses
Part IX, the statement of functional expenses.
-
11c · Fees: accounting
total $13,011 · management and general $13,011
-
11g · Fees: other
total $209,107 · management and general $209,107
-
13 · Office expenses
total $105 · management and general $65 · fundraising $40
-
17 · Travel
total $977 · management and general $977
-
19 · Conferences, conventions and meetings
total $1,682 · management and general $1,682
-
24a · Other expenses: SUBSCRIPTIONS AND DUES
total $165 · management and general $165
-
24b · Other expenses: MISCELLANEOUS
total $110 · fundraising $110
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $80,680 · end of year $203,841
-
4 · Accounts receivable
beginning of year $71,300 · end of year $8,800
-
11 · Investments: publicly traded securities
beginning of year $762,153 · end of year $890,224
-
15 · Other assets
beginning of year $181,061 · end of year $134,540
-
17 · Accounts payable and accrued expenses
beginning of year $263,878 · end of year $135,258
-
27 · Net assets without donor restrictions
beginning of year $612,436 · end of year $841,202
-
28 · Net assets with donor restrictions
beginning of year $218,880 · end of year $260,945
Mission and programs · 2023
Mission
TO PROMOTE, SUPPORT AND FURTHER THE INTERESTS AND PURPOSES OF THE ARC OF THE UNITED STATES, INC.
-
SUPPORTED THE CHARITABLE PURPOSES OF THE ARC OF THE UNITED STATES, INC.
As filed on the 2023 return.
Listed in Part VII
-
Peter BernsPETER BERNS
CHIEF EXECUTIVE OFFICER (UNTIL 2/23)
- Total calculated
- $613,231
- From this org
- $0
- From related orgs
- $587,261
- Other
- $25,970
- Hours/week
- 2 + 62 related
Schedule J breakdown matched by us
- Base
- $0 + $155,103 related
- Bonus
- $0 + $52,722 related
- Other
- $0 + $379,436 related
- Deferred
- $0 + $21,134 related
- Nontaxable benefits
- $0 + $4,836 related
- Filer's total
- $0 + $613,231 related
-
Carol WheelerCAROL WHEELER
PRESIDENT
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Ruben RodriguezRUBEN RODRIGUEZ
TREASURER/ACTING CEO
- Total calculated
- $298,174
- From this org
- $0
- From related orgs
- $262,257
- Other
- $35,917
- Hours/week
- 2 + 62 related
Schedule J breakdown matched by us
- Base
- $0 + $227,257 related
- Bonus
- $0 + $35,000 related
- Other
- $0
- Deferred
- $0 + $25,131 related
- Nontaxable benefits
- $0 + $10,786 related
- Filer's total
- $0 + $298,174 related
-
Cathy AndersCATHY ANDERS
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Tom CollamoreTOM COLLAMORE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
John GreedJOHN GREED
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Sari HornsteinSARI HORNSTEIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Stacy KraySTACY KRAY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jeanne RueschJEANNE RUESCH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Rick StambergerRICK STAMBERGER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Dawn SweeneyDAWN SWEENEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Nancy WebsterNANCY WEBSTER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Scott SteindorffSCOTT STEINDORFF
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Suniti Sarah BalSUNITI SARAH BAL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Tanya Khemet TaiwoTANYA KHEMET TAIWO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Lloyd LewisLLOYD LEWIS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
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
The filer's explanations (Part III)
- PART I, LINE 3
- THE ARC FOUNDATION RELIES ON A RELATED ORGANIZATION, THE ARC, TO DETERMINE COMPENSATION. THE ARC USES THE FOLLOWING METHODS TO ESTABLISH COMPENSATION OF THE CEO: - INDEPENDENT COMPENSATION CONSULTANT - FORM 990 OF OTHER ORGANIZATIONS - COMPENSATION SURVEY OR STUDY - APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE
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
No itemized grants to organizations on this return.
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)(3) · PROMOTES AND PROTECTS THE HUMAN RIGHTS · MD
-
THE ARC OF GEORGIA SERVICES CORPORATION
501(C)(3) · SUPPORT THE CHARITABLE PURPOSES OF THE ARC IN GA · GA
Directly controlled by THE ARC OF THE US
-
THE ARC OF THE DISTRICT OF COLUMBIA INC
501(C)(3) · SUPPORT THE CHARITABLE PURPOSES OF THE ARC IN DC · DC
Directly controlled by THE ARC OF THE US
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 28 October 2024
- IRS schema version
- 2023v5.1
- Source object
- 202403029349301330
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