Cora Putnam Hale Community Trust
- Assets
- $2.1m
- Revenue
- $172.2k
- Investments
- $1.9m
- Employees
- 0
- Location
- Elizabethtown, NY
- Founding
- 00/0000
- Data as of
- 12/2023
- EIN
- 14-1608753
Organization Overview
Cora Putnam Hale Community Trust is located in Elizabethtown, NY. The organization was established in 0000. According to its NTEE Classification (T31) the organization is classified as: Community 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.
For the year ending 12/2023, Cora Putnam Hale Community Trust generated $172.2k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 18.1% each year . All expenses for the organization totaled $154.2k during the year ending 12/2023. While expenses have increased by 9.6% per year over the past 6 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE TRUST IS REQUIRED TO DISTRIBUTE ALL OF ITS INCOME TO THE ELIZABETHTOWN SOCIAL CENTER, A 501(C)(3) NONPROFIT ORGANIZATION.
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 |
|---|---|---|---|
Alan S Hipps Trustee | 1 | $1,208 | |
James A Kinley Trustee | 1 | $1,207 | |
Katherine Mcnamara Trustee | 1 | $1,207 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $7,390 |
| Dividends & Interest | $70,808 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $94,025 |
| Capital Gain Net Income | $94,025 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $172,223 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $3,622 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $798 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $24,152 |
| Contributions, gifts, grants paid | $130,000 |
| Total expenses and disbursements | $154,152 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,291 |
| Savings and temporary cash investments | $192,321 |
| 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 | $2,052,706 |
| 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 |