Henry E Niles Foundation Inc
- Assets
- $26.9m
- Revenue
- $2.1m
- Investments
- $26.2m
- Employees
- 0
- Location
- Southbury, CT
- Founding
- 04/1990
- Data as of
- 12/2022
- EIN
- 06-1252486
Organization Overview
Henry E Niles Foundation Inc is located in Southbury, CT. The organization was established in 1990. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Henry E Niles Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Henry E Niles Foundation Inc generated $2.1m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 9.6% each year. All expenses for the organization totaled $2.4m during the year ending 12/2022. While expenses have increased by 3.2% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Geoffrey M Parkinson President/ D | 20 | $65,000 | |
Leland C Selby Vp/ Sec/ Dir | 20 | $65,000 | |
James R Lamb Treasurer/ D | 20 | $65,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $5,813 |
| Dividends & Interest | $618,750 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,493,561 |
| Capital Gain Net Income | $1,493,561 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $3,215 |
| Total Revenue | $2,121,339 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $195,000 |
| Other employee salaries and wages | $34,260 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $96,606 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $14,463 |
| Total operating and administrative expenses | $486,323 |
| Contributions, gifts, grants paid | $1,896,000 |
| Total expenses and disbursements | $2,382,323 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $738,882 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $26,925,088 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |