Form 990 for tax year 2024
Filed by ELGA CREDIT UNION FOUNDATION FOR IMPACT.
Totals
- Total revenue
- $1,563,186
- Total expenses
- $513,615
- Contributions and grants received
- $1,510,368
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $52,818
- Other revenue
- $0
- Total assets, end of year
- $1,871,681
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $1,871,681
- Program services expenses (Part IX)
- $443,352
- Management and general expenses
- $70,263
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $443,352
Program services were 86.3% 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.
-
1f · All other contributions, gifts and grants
$1,510,368
-
3 · Investment income
total $52,818 · unrelated business $0 · excluded $0
Functional expenses
Part IX, the statement of functional expenses.
-
11a · Fees: management
total $68,290 · program services $0 · management and general $68,290 · fundraising $0
-
11c · Fees: accounting
total $2,905 · program services $2,905 · management and general $0 · fundraising $0
-
12 · Advertising and promotion
total $17,986 · program services $17,986 · management and general $0 · fundraising $0
-
17 · Travel
total $1,948 · program services $1,948 · management and general $0 · fundraising $0
-
19 · Conferences, conventions and meetings
total $16,799 · program services $16,799 · management and general $0 · fundraising $0
-
23 · Insurance
total $2,221 · program services $2,221 · management and general $0 · fundraising $0
-
24a · Other expenses: Bank charges/visa fees
total $1,973 · program services $0 · management and general $1,973 · fundraising $0
-
24b · Other expenses: Donations given
total $263,918 · program services $263,918 · management and general $0 · fundraising $0
-
24c · Other expenses: Program expenses/supplies
total $116,796 · program services $116,796 · management and general $0 · fundraising $0
-
24d · Other expenses: Dues and subscriptions
total $20,779 · program services $20,779 · management and general $0 · fundraising $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $130,945 · end of year $825,328
-
11 · Investments: publicly traded securities
beginning of year $616,452 · end of year $1,046,353
-
27 · Net assets without donor restrictions
beginning of year $747,397 · end of year $1,871,681
Mission and programs · 2024
Mission
Receiving and distributing funds for charitable organizations, promoting community education and funding of a financial education program. Providing resources, education and funding for entrepreneurial start up business.
-
Receiving and distributing funds for charitable organizations, promoting community education and funding of a financial education program. Providing resources, education and funding for entrepreneurial start up business.
Expenses $443,352 · Revenue $1,510,368
As filed on the 2024 return.
Listed in Part VII
-
Cheryl Sclater
President
- Total calculated
- $0
-
Chris Goetz
Vice President
- Total calculated
- $0
-
Diana Currier
Secreatary
- Total calculated
- $0
-
Lauren Romankewiz
Treasurer
- Total calculated
- $0
-
Chadd O' Brien
Trustee
- Total calculated
- $0
-
Correy Black
Trustee
- Total calculated
- $0
-
Karen Church
Trustee
- Total calculated
- $0
-
Terry Katzur
Trustee
- Total calculated
- $0
-
Marnie Mogford
Trustee
- Total calculated
- $0
-
Michael Safa
Trustee
- Total calculated
- $0
-
Kellye Walsh
Trustee
- Total calculated
- $0
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
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 14 April 2025
- IRS schema version
- 2024v5.1
- Source object
- 202531059349301348
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