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Nonprofiteer
← ALZHEIMERS COMMUNITY CARE FOUNDATION INC

Form 990 for tax year 2022

Filed by ALZHEIMERS COMMUNITY CARE FOUNDATION INC.

Totals

Total revenue
$497,851
Total expenses
$1,068,841
Contributions and grants received
$0
Grants paid
$1,049,837
Program service revenue
$0
Investment income
$497,851
Other revenue
$0
Total assets, end of year
$7,223,584
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$7,223,584
Program services expenses (Part IX)
$1,049,837
Management and general expenses
$19,004
Fundraising expenses
$0
Program service expenses (Part III)
$1,049,837

Program services were 98.2% 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 $157,848 · excluded $157,848

  • 7a · Gross sales of assets other than inventory

    securities $800,431

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

    securities $460,428

  • 7c · Gain or loss

    securities $340,003

  • 7d · Net gain or loss

    total $340,003 · excluded $340,003

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $1,049,837 · program services $1,049,837

  • 11f · Fees: investment management

    total $19,004 · management and general $19,004

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $2,744 · end of year $2,744

  • 2 · Savings and temporary cash investments

    beginning of year $18,084 · end of year $408

  • 11 · Investments: publicly traded securities

    beginning of year $7,582,663 · end of year $7,220,432

  • 27 · Net assets without donor restrictions

    beginning of year $7,542,848 · end of year $7,162,941

  • 28 · Net assets with donor restrictions

    beginning of year $60,643 · end of year $60,643

Mission and programs · 2022

Mission

THE FOUNDATION WAS ESTABLISHED TO RECIEVE AND ADMINISTER DONATIONS AND BEQUESTS FOR THE BENFIT AND SUPPORT OF ALZHEIMER'S COMMUNITY CARE, INC.

Activities or mission (Part I)

THE FOUNDATION WAS ESTABLISHED TO RECEIVE AND ADMINISTER DONATIONS AND BEQUESTS FOR THE BENEFIT AND SUPPORT OF ALZHEIMER'S COMMUNITY CARE, INC.

  • THE FOUNDATION PROVIDED FINANCIAL SUPPORT TO ALZHEIMER'S COMMUNITY CARE INC WHICH IS ITS PRIMARY FUNCTION.

    Expenses $1,049,837 · Grants $1,049,837

As filed on the 2022 return.

Listed in Part VII

  • GMARK SHALLOWAY ESQUIRE

    CHAIR

    Total calculated
    $0
    Hours/week
    1

  • KEVIN P WRENNE

    PRESIDENT/INTERIM CEO(02/09/23)

    Total calculated
    $46,769
    From this org
    $0
    From related orgs
    $46,769
    Other
    $0
    Hours/week
    1 + 1 related

  • CLEMENT BRANDENBURG JR

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • DEBORAH A DIAZ

    DIRECTOR(THROUGH 08/15/22)

    Total calculated
    $0
    Hours/week
    1

  • CLARK D BENNETT

    DIRECTOR(THROUGH 08/17/22)

    Total calculated
    $0
    Hours/week
    1

  • RANDY K JOHNSON

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • MICHAEL JESSUP

    PRESIDENT AND CEO(FROM 02/09/23)

    Total calculated
    $0
    Hours/week
    1

  • MICHAEL A VALDES

    CFO

    Total calculated
    $108,044
    From this org
    $0
    From related orgs
    $102,201
    Other
    $5,843
    Hours/week
    2 + 40 related

  • MARY M BARNES

    FORMER CEO (THROUGH 06/01/22)

    Total calculated
    $194,206
    From this org
    $0
    From related orgs
    $188,443
    Other
    $5,763
    Hours/week
    2 + 55 related

    Schedule J breakdown matched by us

    Base
    $0 + $188,443 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $5,763 related
    Nontaxable benefits
    $0
    Filer's total
    $0 + $194,206 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

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
2022
Filed
26 April 2024
IRS schema version
2022v5.0
Source object
202401229349302360

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