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Nonprofiteer
← CHILDRENS VILLAGE INSTITUTE

Form 990 for tax year 2023

Filed by CHILDRENS VILLAGE INSTITUTE.

Totals

Total revenue
$683,734
Total expenses
$1,344,938
Contributions and grants received
$0
Grants paid
$1,283,222
Program service revenue
$0
Investment income
$683,734
Other revenue
$0
Total assets, end of year
$17,553,932
Total liabilities, end of year
$5,108,701
Net assets or fund balances, end of year
$12,445,231
Program services expenses (Part IX)
$1,283,222
Management and general expenses
$61,716
Fundraising expenses
$0
Program service expenses (Part III)
$1,283,222

Program services were 95.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • BRIAN BADER

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    1

  • CHRISTOPHER VELLA

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • PAUL H JENKEL

    BOARD MEMBER (OUTGOING)

    Total calculated
    $0
    Hours/week
    1 + 1.5 related

  • SYLVIA GROSS

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1.5 related

  • THOMAS K MARTIN

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1.5 related

  • JEREMY C KOHOMBAN

    PRESIDENT AND CEO

    Total calculated
    $667,276
    From this org
    $0
    From related orgs
    $596,508
    Other
    $70,768
    Hours/week
    1 + 35 related

    Schedule J breakdown matched by us

    Base
    $0 + $523,715 related
    Bonus
    $0 + $66,305 related
    Other
    $0 + $6,488 related
    Deferred
    $0 + $19,800 related
    Nontaxable benefits
    $0 + $50,968 related
    Filer's total
    $0 + $667,276 related

  • RICHARD GOERG

    CFO

    Total calculated
    $359,907
    From this org
    $0
    From related orgs
    $326,923
    Other
    $32,984
    Hours/week
    1 + 35 related

    Schedule J breakdown matched by us

    Base
    $0 + $286,367 related
    Bonus
    $0 + $35,245 related
    Other
    $0 + $5,311 related
    Deferred
    $0 + $17,888 related
    Nontaxable benefits
    $0 + $15,096 related
    Filer's total
    $0 + $359,907 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 1A
THE CONTRIBUTION TO THE SECTION 162 EXECUTIVE BONUS PLAN INCLUDES TAX GROSS-PAYMENTS AND ARE APPROVED BY THE BOARD OF THE CHILDREN'S VILLAGE INC., A RELATED ORGANIZATION.
PART I, LINE 3
THE COMPENSATION FOR THE CEO AND CFO ARE DETERMINED BY THE CHILDREN'S VILLAGE INC., A RELATED ORGANIZATION.
PART I, LINE 8
THE CHILDREN'S VILLAGE INC., A RELATED ORGANIZATION, ESTABLISHED IRS SECTION 162 EXECUTIVE BONUS PLAN AND CONTRIBUTIONS TO THAT PLAN ARE REFLECTED IN COLUMN B (II). THE PLAN WAS APPROVED BY THE BOARD WHEN IT WAS ESTABLISHED AND IS AVAILABLE TO MEMBERS OF SENIOR LEADERSHIP WITH CERTAIN POSITIONS AND LENGTH OF SERVICE. AMOUNTS ARE BASED ON PREAPPROVED PERCENTAGES. PAYMENTS ARE DEPOSITED TO ELIGIBLE PARTICIPANTS ACCOUNTS ON QUARTERLY BASIS.
SCHEDULE J, PART III, COLUMN B(III):
JEREMY KOHOMBAN RECEIVED CAR ALLOWANCE FOR $3,061 FROM THE CHILDREN'S VILLAGE INC., A RELATED ORGANIZATION, AND IT IS REFLECTED IN COLUMN B(III). AMOUNT IN THIS COLUMN ALSO REPRESENTS TAXABLE GROUP LIFE INSURANCE.

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
2023
Filed
12 May 2025
IRS schema version
2023v6.0
Source object
202531329349307173

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