Wethersfield Foundation Inc
- Assets
- $44.3m
- Revenue
- $3.6m
- Investments
- $34.0m
- Employees
- 0
- Location
- Amenia, NY
- Founding
- 12/2017
- Data as of
- 12/2021
- EIN
- 13-6113816
Organization Overview
Wethersfield Foundation Inc is located in Amenia, NY. The organization was established in 2017. According to its NTEE Classification (C50) the organization is classified as: Environmental Beautification, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wethersfield 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 12/2021, Wethersfield Foundation Inc generated $3.6m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 9.5% each year. All expenses for the organization totaled $1.9m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRESERVATION AND EXHIBITION OF THE WETHERSFIELD ESTATE, CARRIAGE HOUSE, HOUSE MUSEUM, ART AND FORMAL GARDENS OF WETHERSFIELD.
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 |
|---|---|---|---|
Joyce Cafaro CFO | 40 | $115,810 | |
Kevin Malloy Heads Ground | 40 | $70,964 | |
Christopher Ferreri Property Man | 40 | $70,500 | |
Satoshi Yano Horticulture | 40 | $65,021 | |
Tara Shafer Executive Di | 40 | $34,135 | |
Soohyung Kim Vice-Preside | 0 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Basic Pay Llc | 4/29/18 | $98,442 |
Vector Security Inc | 4/29/18 | $85,197 |
Grassi & Co | 4/29/18 | $51,642 |
Hirtle Callaghan & Co | 4/29/18 | $84,394 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,420,520 |
| Interest on Savings | $60,744 |
| Dividends & Interest | $362,870 |
| Net Rental Income | $126,951 |
| Net Gain on Sale of Assets | $1,575,094 |
| Capital Gain Net Income | $1,575,094 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $75,861 |
| Total Revenue | $3,639,809 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $149,945 |
| Other employee salaries and wages | $509,088 |
| Pension plans, employee benefits | $109,670 |
| Interest | $958 |
| Taxes | $79,728 |
| Depreciation | $192,263 |
| Occupancy | $1,600 |
| Travel, conferences, and meetings | $225 |
| Printing and publications | $0 |
| Other expenses | $662,963 |
| Total operating and administrative expenses | $1,881,001 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $1,881,001 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $405,187 |
| Savings and temporary cash investments | $986,546 |
| Net Accounts receivable | $95,080 |
| 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 | $57,485 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $4,605,159 |
| Net Land, buildings, and equipment | $5,404,644 |
| Other assets | $3,368,825 |
| Total assets | $44,341,605 |
| Accounts payable and accrued expenses | $24,618 |
| Grants payable | $650,000 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $360,497 |
| Total liabilities | $1,035,115 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that Wethersfield Foundation Inc has recieved totaling $113,880.
| Awarding Organization | Amount |
|---|---|
Budnik Family Foundation Bratenahl, OH PURPOSE: TO SUPPORT CONSERVATION PROJECTS | $38,340 |
Schwab Charitable Fund San Francisco, CA PURPOSE: ENVIRONMENTAL AND ANIMALS | $22,500 |
Hathaway Family Foundation Millbrook, NY PURPOSE: CHARITABLE | $21,000 |
The Morris And Alma Schapiro Fund New York, NY PURPOSE: GENERAL PURPOSE | $15,000 |
Clarissa Francis Foundation Brownsville, TX PURPOSE: EDUCATION | $15,000 |
George T Whalen Jr Foundation Inc Millbrook, NY PURPOSE: GENERAL OPERATIONS | $2,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Fairmount Park Conservancy Philadelphia, PA | $18,681,659 | $13,830,460 |
Keep America Beautiful Inc Stamford, CT | $6,867,452 | $5,357,757 |
New York Restoration Project New York, NY | $17,760,231 | $5,638,155 |
Nurture Nature Foundation New York, NY | $30,506,291 | $2,642,254 |
The Greenwood Gardens & Nature Short Hills, NJ | $30,406,289 | $2,445,108 |
Friends Of Derry Township Parks & Recreation Hershey, PA | $223,882 | $913,516 |
Greater Newark Conservancy Inc Newark, NJ | $13,066,036 | $2,115,520 |
Wethersfield Foundation Inc Amenia, NY | $44,341,605 | $3,639,809 |
Terracorps Inc Lowell, MA | $871,956 | $1,570,866 |
Friends Of The Pittsburgh Urban Forest Pittsburgh, PA | $3,690,341 | $1,725,352 |
Design Trust For Public Space Inc New York, NY | $2,416,344 | $3,238,139 |
Rockaway Waterfront Alliance Inc Far Rockaway, NY | $3,824,993 | $1,308,844 |