Form 990 for tax year 2024
Filed by COMMUNITY FOUNDATION FOR THE OHIO VALLEY INC.
Totals
- Total revenue
- $11,719,897
- Total expenses
- $6,344,449
- Contributions and grants received
- $4,606,481
- Grants paid
- $3,889,232
- Program service revenue
- $0
- Investment income
- $4,956,788
- Other revenue
- $2,156,628
- Total assets, end of year
- $110,670,307
- Total liabilities, end of year
- $4,347,340
- Net assets or fund balances, end of year
- $106,322,967
- Program services expenses (Part IX)
- $4,845,301
- Management and general expenses
- $1,317,572
- Fundraising expenses
- $181,576
- Program service expenses (Part III)
- $4,845,301
Program services were 76.4% 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
$4,606,481
-
3 · Investment income
total $1,980,109 · excluded $1,980,109
-
5 · Royalties
total $848,110 · excluded $848,110
-
6a · Gross rents
real property $57,200
-
6b · Less rental expenses
real property $0
-
6c · Rental income or loss
real property $57,200
-
6d · Net rental income or loss
total $57,200 · related or exempt $57,200
-
7a · Gross sales of assets other than inventory
securities $2,976,679
-
7b · Less cost or other basis and sales expenses
securities $0
-
7c · Gain or loss
securities $2,976,679
-
7d · Net gain or loss
total $2,976,679 · related or exempt $2,976,679
-
11a · Other revenue: ADMINISTRATIVE FEES
total $914,117 · related or exempt $914,117
-
11b · Other revenue: MISCELLANEOUS REVENUE
total $221,528 · related or exempt $221,528
-
11c · Other revenue: MANAGEMENT FEES
total $69,091 · related or exempt $69,091
-
11d · All other revenue
total $46,582 · related or exempt $46,582
-
11e · Other revenue, total
$1,251,318
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $3,453,336 · program services $3,453,336
-
2 · Grants to domestic individuals
total $435,896 · program services $435,896
-
5 · Compensation of officers, directors and key employees
total $139,621 · program services $69,810 · management and general $69,811
-
7 · Other salaries and wages
total $435,906 · program services $120,113 · management and general $189,176 · fundraising $126,617
-
10 · Payroll taxes
total $165,964 · program services $54,768 · management and general $74,684 · fundraising $36,512
-
11c · Fees: accounting
total $39,570 · program services $19,785 · management and general $19,785
-
11f · Fees: investment management
total $130,106 · program services $65,053 · management and general $65,053
-
11g · Fees: other
total $951,488 · program services $327,396 · management and general $624,092
-
17 · Travel
total $18,535 · program services $7,229 · fundraising $11,306
-
22 · Depreciation, depletion and amortization
total $29,374 · program services $29,374
-
24a · Other expenses: BANK FEES
total $283,551 · program services $141,775 · management and general $141,776
-
24b · Other expenses: TELEPHONE AND COMMUNICA
total $37,042 · program services $14,817 · management and general $18,521 · fundraising $3,704
-
24c · Other expenses: REPAIRS AND MAINTENANCE
total $19,532 · program services $6,511 · management and general $13,021
-
24d · Other expenses: PROFESSIONAL DEVELOPMEN
total $6,629 · program services $2,209 · management and general $4,420
-
24e · All other expenses
total $197,899 · program services $97,229 · management and general $97,233 · fundraising $3,437
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $2,416,241 · end of year $2,630,272
-
3 · Pledges and grants receivable
beginning of year $34,518 · end of year $75,751
-
10a · Land, buildings and equipment: cost or other basis
$938,864
-
10b · Land, buildings and equipment: accumulated depreciation
$145,429
-
10c · Land, buildings and equipment, net
beginning of year $713,781 · end of year $793,435
-
11 · Investments: publicly traded securities
beginning of year $90,661,970 · end of year $100,356,415
-
15 · Other assets
beginning of year $435,000 · end of year $6,814,434
-
17 · Accounts payable and accrued expenses
beginning of year $6,528 · end of year $13,091
-
18 · Grants payable
beginning of year $851,519 · end of year $1,036,937
-
23 · Secured mortgages and notes payable
beginning of year $154,179 · end of year $129,018
-
25 · Other liabilities
beginning of year $2,113,058 · end of year $3,168,294
-
27 · Net assets without donor restrictions
beginning of year $89,519,874 · end of year $98,113,015
-
28 · Net assets with donor restrictions
beginning of year $1,616,352 · end of year $8,209,952
Mission and programs · 2024
Mission
TO INCREASE A PERMANENT ENDOWMENT THAT CAN RESPOND TO THE CURRENT AND FUTURE NEEDS OF THE UPPER OHIO VALLEY.
Activities or mission (Part I)
THE FOUNDATION WAS FORMED FOR THE PURPOSE OF SUPPORTING BENEVOLENT, CHARITABLE, OR EDUCATIONAL CAUSES.
-
ONE OF THE MOST IMPORTANT FEATURES OF THE FOUNDATION IS ITS ABILITY TO DISTRIBUTE GRANTS FOR THE BENEFIT OF CHARITABLE OR EDUCATIONAL UNDERTAKING OF THE OHIO VALLEY.
Expenses $4,845,301 · Grants $3,889,232
As filed on the 2024 return.
Listed in Part VII
-
Roanne BurechROANNE BURECH
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
David CroftDAVID CROFT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Jeff KesslerJEFF KESSLER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Robert Cupp JrROBERT CUPP JR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Kris MolnarKRIS MOLNAR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Jay GoodmanJAY GOODMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Deborah HassigDEBORAH HASSIG
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
John Holloway MDJOHN HOLLOWAY MD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Sharin CampbellSHARIN CAMPBELL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Charles J Kaiser JrCHARLES J KAISER JR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Jeffrey KnightJEFFREY KNIGHT
VICE-PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Daniel McCuneDANIEL MCCUNE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
David Kappel MDDAVID KAPPEL MD
PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
William ParasWILLIAM PARAS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Elsie ReyesELSIE REYES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Mary RohrigMARY ROHRIG
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Anthony Rico Ruiz - VelezANTHONY RICO RUIZ - VELEZ
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Darrell CummingsDARRELL CUMMINGS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Rachel KeeneyRACHEL KEENEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
David SkiviatDAVID SKIVIAT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Susie NelsonSUSIE NELSON
EXECUTIVE DIRECTOR
- Total calculated
- $121,304
- From this org
- $121,304
- 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
-
$399,062
HEALTH, PHYSICAL/MENTAL; DISEASE/DISORDER
-
UNITED WAY OF THE UPPER OHIO VALLEY
$209,774
SOCIAL SERVICE
-
$209,260
RECREATION/SPORTS
-
$132,278
HEALTH, PHYSICAL/MENTAL; DISEASE/DISORDER
-
RECREATION/SPORTS
-
HISTORIC PRESERVATION/EDUCATION
-
$65,137
DISASTER RELIEF
-
OHIO COUNTY SCHOOLS
$59,516
EDUCATIONAL
-
EDUCATIONAL
-
$50,000
HEALTH, PHYSICAL/MENTAL; DISEASE/DISORDER
The 10 largest by cash amount. The API serves every itemized grant.
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.
-
COMMUNITY FOUNDATION OF JEFFERSON COUNTY INC
501(C)(3) · CHARITIES AND SCHOLARSHIPS · OH · controlled entity
Directly controlled by COMMUNITY FOUNDATION FOR THE OHIO VALLEY INC
-
CFOV WEIRTON LLC
501(C)(3) · CHARITIES AND SCHOLARSHIPS · WV · controlled entity
Directly controlled by COMMUNITY FOUNDATION FOR THE OHIO VALLEY INC
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 30 March 2026
- IRS schema version
- 2024v5.5
- Source object
- 202640919349300634
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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