Skip to content
Nonprofiteer
← QUAKER HEIGHTS FOUNDATION INC

Form 990 for tax year 2023

Filed by QUAKER HEIGHTS FOUNDATION INC.

Totals

Total revenue
$521,528
Total expenses
$0
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$0
Investment income
$521,528
Other revenue
$0
Total assets, end of year
$0
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$0
Program services expenses (Part IX)
$0
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
not reported

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 $50,823 · excluded $50,823

  • 7a · Gross sales of assets other than inventory

    securities $1,730,852

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

    securities $1,260,147

  • 7c · Gain or loss

    securities $470,705

  • 7d · Net gain or loss

    total $470,705 · excluded $470,705

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $112,711 · end of year $0

  • 12 · Investments: other securities

    beginning of year $1,576,771

  • 27 · Net assets without donor restrictions

    beginning of year $112,711 · end of year $0

  • 28 · Net assets with donor restrictions

    beginning of year $1,576,771 · end of year $0

Mission and programs · 2023

Mission

TO SUPPORT OHIO LIVING QUAKER HEIGHTS.

  • TO SUPPORT OHIO LIVING QUAKER HEIGHTS.

As filed on the 2023 return.

Listed in Part VII

  • Laurence C Gumina

    CHIEF EXECUTIVE OFFICER

    Total calculated
    $670,886
    From this org
    $0
    From related orgs
    $592,239
    Other
    $78,647
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $590,949 related
    Bonus
    $0
    Other
    $0 + $1,290 related
    Deferred
    $0 + $70,000 related
    Nontaxable benefits
    $0 + $8,647 related
    Filer's total
    $0 + $670,886 related

  • Leslie Belfance

    COO OF COMMUNITIES

    Total calculated
    $288,211
    From this org
    $0
    From related orgs
    $256,262
    Other
    $31,949
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $254,894 related
    Bonus
    $0
    Other
    $0 + $1,368 related
    Deferred
    $0 + $20,000 related
    Nontaxable benefits
    $0 + $11,949 related
    Filer's total
    $0 + $288,211 related

  • Donald Edwards

    DIRECTOR/CHAIR

    Total calculated
    $0
    Hours/week
    2 + 5 related

  • Sandy Adam

    DIRECTOR/VICE CHAIR

    Total calculated
    $0
    Hours/week
    2 + 5 related

  • James Joyce

    DIRECTOR/ASSISTANT SECRETARY

    Total calculated
    $0
    Hours/week
    2 + 5 related

  • Terry White

    DIRECTOR/ASSISTANT TREASURER

    Total calculated
    $0
    Hours/week
    2 + 5 related

  • Robert B Stillman

    CFO/TREASURER

    Total calculated
    $458,996
    From this org
    $0
    From related orgs
    $418,308
    Other
    $40,688
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $417,018 related
    Bonus
    $0
    Other
    $0 + $1,290 related
    Deferred
    $0 + $25,000 related
    Nontaxable benefits
    $0 + $15,688 related
    Filer's total
    $0 + $458,996 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

The filer's explanations (Part III)

PART I, LINE 3:
OHIO LIVING QUAKER HEIGHTS FOUNDATION RELIED ON A RELATED ORGANIZATION (OHIO LIVING) THAT USED THE FOLLOWING METHODS TO ESTABLISH THE COMPENSATION OF THE ORGANIZATION'S TOP MANAGEMENT OFFICIAL: -COMPENSATION COMMITTEE -INDEPENDENT COMPENSATION CONSULTANT -FORM 990 OF OTHER ORGANIZATIONS -COMPENSATION SURVEY OR STUDY -APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE
PART I, LINE 4B:
THE 457(F) NONQUALIFIED DEFERRED COMPENSATION PLAN IS AVAILABLE TO KEY EMPLOYEES OF THE ORGANIZATION, AS DEFINED BY THE ORGANIZATION AND NOT PART VII OF THE FORM 990. THE 457(F) NONQUALIFIED DEFERRED COMPENSATION PLAN WILL VEST 100% AFTER 3 FISCAL YEARS OF CONTINUED EMPLOYMENT HAVE CONCLUDED; OTHERWISE, AMOUNTS ARE FORFEITED. AWARDED DEFERRED COMPENSATION AMOUNTS ARE REPORTED IN SCHEDULE J, PART II, COLUMN C, AND WHEN VESTED ARE REPORTED IN COLUMN B(I). THERE WERE NO 403B RETIREMENT AWARDS MADE.

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.

  • OHIO LIVING

    501(C)(3) · MANAGEMENT/PARENT · OH

  • OHIO LIVING COMMUNITIES

    501(C)(3) · HOUSING AND CARE · OH · controlled entity

    Directly controlled by OHIO LIVING

  • OHIO LIVING FOUNDATION

    501(C)(3) · SUPPORT · OH · controlled entity

    Directly controlled by OHIO LIVING

  • OHIO LIVING HOLDINGS

    501(C)(3) · HOME HEALTH AND HOSPICE CARE · OH · controlled entity

    Directly controlled by OHIO LIVING

  • OHIO LIVING QUAKER HEIGHTS

    501(C)(3) · OPERATION OF A NURSING HOME AND ASSISTED LIVING FACILITY · OH · controlled entity

    Directly controlled by OHIO LIVING COMMUNITIES

  • OHIO LIVING SARAH MOORE

    501(C)(3) · SKILLED CARE/ASSISTED LIVING · OH · controlled entity

    Directly controlled by OHIO LIVING COMMUNITIES

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • OHIO PRESBYTERIAN RETIREMENT SERVICES DEVELOP CORP

    C · INACTIVE · OH · controlled entity

  • OHIO LIVING VENTURES LLC

    C · HOLD INVESTMENTS · OH · controlled entity

Provenance

Return type
form_990
Tax year
2023
Filed
29 April 2025
IRS schema version
2023v6.0
Source object
202531199349302243

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.