C A B Foundation Inc
- Assets
- $34.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Utica, NY
- Founding
- 08/1986
- Data as of
- 12/2021
- EIN
- 16-1274075
Organization Overview
C A B Foundation Inc is located in Utica, NY. The organization was established in 1986. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., 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. C A B 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, C A B Foundation Inc generated $44.8k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.6%) each year. All expenses for the organization totaled $45.4k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
THE FOUNDATION WAS ABLE TO DONATE A SUBSTANTIAL PORTION OF THEIR NET ASSETS TO THE CENTRAL ASSOCIATION OF THE BLIND, INC. FOR CHARITABLE PURPOSES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steve Cater President | 3 | $0 | |
Philip Burkart Director | 1 | $0 | |
Raymond O'brien Director | 1 | $0 | |
Steven Roefaro Vice President | 3 | $0 | |
Dana Nimey-Olney Secretary/treasurer | 3 | $0 | |
Michael Misiaszek Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $44,792 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $44,792 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,965 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $26,683 |
| Total expenses | $45,351 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $34,059 |
| Other assets | $0 |
| Total assets | $34,783 |
| Total liabilities | $1,900 |
| Net assets or fund balances | $32,883 |