Skip to content
Nonprofiteer
← BESSIE BOLEY FOUNDATION

Form 990 for tax year 2024

Filed by BESSIE BOLEY FOUNDATION.

Totals

Total revenue
$270,093
Total expenses
$471,796
Contributions and grants received
$0
Grants paid
$447,552
Program service revenue
$0
Investment income
$270,093
Other revenue
$0
Total assets, end of year
$4,577,405
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$4,577,405
Program services expenses (Part IX)
$447,552
Management and general expenses
$24,244
Fundraising expenses
$0
Program service expenses (Part III)
$447,552

Program services were 94.9% 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.

  • 3 · Investment income

    total $160,800 · excluded $160,800

  • 7a · Gross sales of assets other than inventory

    securities $695,766

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

    securities $586,473

  • 7c · Gain or loss

    securities $109,293

  • 7d · Net gain or loss

    total $109,293 · excluded $109,293

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $447,552 · program services $447,552

  • 11f · Fees: investment management

    total $24,244 · management and general $24,244

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $361,131 · end of year $4,248

  • 7 · Other notes and loans receivable

    beginning of year $330,000 · end of year $330,000

  • 11 · Investments: publicly traded securities

    beginning of year $3,866,816 · end of year $4,243,157

  • 27 · Net assets without donor restrictions

    beginning of year $4,557,947 · end of year $4,577,405

Mission and programs · 2024

Mission

TO SUPPORT RESEARCH, THERAPY, HOUSING AND ALL OTHER FORMS OF AID TO AND FOR THE BENEFIT OF THOSE NEEDING HELP TO MAINTAIN, GAIN OR REGAIN MENTAL HEALTH THROUGH BOLEY CENTERS, INC, ITS SUPPORTED ORGANIZATION.

Activities or mission (Part I)

SEE SCHEDULE O

  • COLLECT INCOME FROM INVESTMENTS AND DISTRIBUTE TO BOLEY CENTERS, INC. (EIN 59-1290089), A SUPPORTED ORGANIZATION INVOLVED IN MENTAL HEALTH CARE.

    Expenses $447,552 · Grants $447,552

As filed on the 2024 return.

Listed in Part VII

  • Martin T Lott

    PRESIDENT

    Total calculated
    $0
    Hours/week
    0.5 + 9.5 related
  • Joseph L Smith

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5 + 9.5 related
  • Paul Misiewicz

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5 + 9.5 related
  • Markus Mittenmayr

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5 + 9.5 related
  • Leonard Coley

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5 + 9.5 related
  • Gary Macmath

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5 + 9.5 related
  • Sandra Incorvia

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5 + 9.5 related
  • Kevin Marrone

    CHIEF EXECUTIVE OFFICER

    Total calculated
    $198,244
    From this org
    $0
    From related orgs
    $192,382
    Other
    $5,862
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $192,382 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $5,772 related
    Nontaxable benefits
    $0 + $1,234 related
    Filer's total
    $0 + $199,388 related
  • Michelle Joseph

    CHIEF FINANCIAL OFFICER

    Total calculated
    $195,032
    From this org
    $0
    From related orgs
    $182,724
    Other
    $12,308
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $182,724 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $5,567 related
    Nontaxable benefits
    $0 + $7,578 related
    Filer's total
    $0 + $195,869 related
  • Jack Humburg

    CHIEF OPERATING OFFICER

    Total calculated
    $131,564
    From this org
    $0
    From related orgs
    $128,942
    Other
    $2,622
    Hours/week
    1 + 39 related
  • Marcy McMath

    CHIEF CLINICAL OFFICER

    Total calculated
    $110,462
    From this org
    $0
    From related orgs
    $100,980
    Other
    $9,482
    Hours/week
    1 + 39 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

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
BESSIE BOLEY FOUNDATION, INC., DOES NOT HAVE ANY EMPLOYEES AND DOES NOT COMPENSATE ANY EMPLOYEES, OFFICERS, OR BOARD MEMBERS. EMPLOYEES AND OFFICERS ARE COMPENSATED THROUGH A RELATED TAX-EXEMPT ORGANIZATION, BOLEY CENTERS, INC. (FEIN: 59-1290089). THE BOARD HAS ALSO FORMED AN EXECUTIVE COMMITTEE TO REVIEW THE COMPENSATION AND BENEFITS PROVIDED TO ITS CEO/PRESIDENT. THE COMMITTEE MEETS AT LEAST ANNUALLY TO COMPLETE PERFORMANCE EVALUATION, REVIEW THE COMPENSATION PACKAGE AND APPROVE ANY SALARY. A REVIEW OF COMPARABLE SALARY DATA IS ALSO MADE AT LEAST EVERY FIVE YEARS.

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

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.

Provenance

Return type
form_990
Tax year
2024
Filed
18 June 2026
IRS schema version
2024v5.5
Source object
202621969349302712

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

The source document this was parsed from is served over the API, which is where bulk and document access live.