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Nonprofiteer
← COMMUNITY FUND MANAGEMENT FOUNDATION

Form 990 for tax year 2022

Filed by COMMUNITY FUND MANAGEMENT FOUNDATION.

Totals

Total revenue
$2,491,867
Total expenses
$1,398,611
Contributions and grants received
$1,102,224
Grants paid
$398,732
Program service revenue
$1,196,832
Investment income
$192,811
Other revenue
$0
Total assets, end of year
$9,381,628
Total liabilities, end of year
$27,096
Net assets or fund balances, end of year
$9,354,532
Program services expenses (Part IX)
$1,199,007
Management and general expenses
$199,604
Fundraising expenses
$0
Program service expenses (Part III)
$1,199,007

Program services were 85.7% 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

    $1,102,224

  • 2a · Program service revenue: ANNUAL TRUST FEES

    total $711,204 · related or exempt $711,204

  • 2b · Program service revenue: SET-UP FEES

    total $485,628 · related or exempt $485,628

  • 3 · Investment income

    total $165,527 · excluded $165,527

  • 7c · Gain or loss

    securities $27,284

  • 7d · Net gain or loss

    total $27,284 · excluded $27,284

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $229,632 · program services $229,632

  • 2 · Grants to domestic individuals

    total $169,100 · program services $169,100

  • 5 · Compensation of officers, directors and key employees

    total $112,290 · program services $101,061 · management and general $11,229

  • 7 · Other salaries and wages

    total $468,018 · program services $421,216 · management and general $46,802

  • 8 · Pension plan contributions

    total $11,276 · program services $10,148 · management and general $1,128

  • 10 · Payroll taxes

    total $47,597 · program services $42,837 · management and general $4,760

  • 11b · Fees: legal

    total $27,971 · program services $27,971

  • 11c · Fees: accounting

    total $30,900 · management and general $30,900

  • 11f · Fees: investment management

    total $76,224 · management and general $76,224

  • 13 · Office expenses

    total $104,377 · program services $91,852 · management and general $12,525

  • 16 · Occupancy

    total $87,229 · program services $76,762 · management and general $10,467

  • 17 · Travel

    total $2,561 · program services $2,305 · management and general $256

  • 19 · Conferences, conventions and meetings

    total $4,368 · program services $3,931 · management and general $437

  • 22 · Depreciation, depletion and amortization

    total $5,674 · program services $4,993 · management and general $681

  • 23 · Insurance

    total $5,012 · program services $2,506 · management and general $2,506

  • 24a · Other expenses: TRUSTEE FEES

    total $2,304 · program services $2,304

  • 24e · All other expenses

    total $14,078 · program services $12,389 · management and general $1,689

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,557,658 · end of year $1,686,384

  • 2 · Savings and temporary cash investments

    beginning of year $572,801 · end of year $484,099

  • 9 · Prepaid expenses and deferred charges

    beginning of year $16,509 · end of year $16,019

  • 10a · Land, buildings and equipment: cost or other basis

    $252,187

  • 10b · Land, buildings and equipment: accumulated depreciation

    $73,159

  • 10c · Land, buildings and equipment, net

    beginning of year $13,598 · end of year $179,028

  • 11 · Investments: publicly traded securities

    beginning of year $798,376 · end of year $594,738

  • 12 · Investments: other securities

    beginning of year $6,899,284 · end of year $6,416,085

  • 15 · Other assets

    beginning of year $5,275 · end of year $5,275

  • 17 · Accounts payable and accrued expenses

    beginning of year $16,151 · end of year $27,096

  • 27 · Net assets without donor restrictions

    beginning of year $9,847,350 · end of year $9,354,532

Mission and programs · 2022

Mission

COMMUNITY FUND MANAGEMENT FOUNDATION, INC. DBA COMMUNITY FUND OHIO IS A NON-PROFIT ORGANIZATION CREATED TO DEVELOP AND MAKE AVAILABLE TRUST VEHICLES, EDUCATION, AND RELATED SERVICES THAT HELP ENABLE INDIVIDUALS WITH DISABILITIES TO USE PRIVATE FUNDS TO ENHANCE THEIR QUALITY OF LIFE WHILE ATTEMPTING TO SAFEGUARD THEIR ELIGIBILITY FOR GOVERNMENTAL BENEFITS.

Activities or mission (Part I)

TO DEVELOP AND MAKE AVAILABLE TRUST VEHICLES, EDUCATION, AND RELATED SERVICES FOR DISABLED INDIVIDUALS AND THEIR FAMILIES.

  • COMMUNITY FUND MANAGEMENT FOUNDATION (THE FOUNDATION) ESTABLISHES AND ADMINISTERS SEVERAL TYPES OF TRUSTS, EDUCATION PROGRAMS AND RELATED SERVICES FOR OHIO RESIDENTS WITH DISABILITIES. DURING THE YEAR ENDED DECEMBER 31, 2022, A TOTAL OF 358 NEW TRUSTS WERE ESTABLISHED FOR CLIENTS. AS OF DECEMBER 31, 2022, THE FOUNDATION HAD SET UP AND WAS ADMINISTERING A TOTAL OF 5,761 TRUSTS FOR CLIENTS.

    Expenses $800,275 · Revenue $1,196,832

  • CFMF PROVIDES GRANTS TO INDIVIDUALS AND NONPROFIT ORGANIZATIONS.CFMF OFFERS TWO TYPES OF GRANTS FOR INDIVIDUALS: THE HARDSHIP/EMERGENT NEEDS GRANTS ARE FOR THOSE WHO SEEK RELIEF FROM A HARDSHIP OR ASSISTANCE WITH AN EMERGENT NEED. THE EDUCATIONAL / ASSISTANCE GRANT IS FOR INDIVIDUALS WHO WISH TO APPLY FOR THE COST OF TUITION AND/OR TRAVEL EXPENSES TO ATTEND AN EDUCATIONAL PROGRAM, INCLUDING BUT NOT LIMITED TO, A SEMINAR, SCHOOL, OR CONTINUING EDUCATION PROGRAM. GRANTS FOR NONPROFIT ORGANIZATIONS ARE OFFERED TO ORGANIZATIONS THAT PROVIDE DIRECT SERVICES OR IMPROVE ACCESS TO SERVICES FOR PEOPLE WITH DISABILITIES.

    Expenses $398,732 · Grants $398,732

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Kevin A Craine Esq

    MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Laura Mathews

    MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Maggie L Sutton Esq

    CHAIRPERSON

    Total calculated
    $0
    Hours/week
    1

  • Elaine Eisner

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Carla Tricarichi

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Kelly A Petty

    VICE-CHAIRPERSON

    Total calculated
    $0
    Hours/week
    1

  • Frances Elliott Ulrich

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Jonathan Wise

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Patrick S Vaccaro

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Amanda M Buzo Esq

    AMANDA M BUZO, ESQ.

    Total calculated
    $115,763
    From this org
    $115,763
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

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

The 10 largest by cash amount. The API serves every itemized grant.

Provenance

Return type
form_990
Tax year
2022
Filed
30 October 2023
IRS schema version
2022v5.0
Source object
202323109349301462

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

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