Albert And Suzanne Cinelli Foundation
- Assets
- $217.0k
- Revenue
- $10.7k
- Investments
- $180.2k
- Employees
- 0
- Location
- Youngtown, OH
- Founding
- 02/2005
- Data as of
- 12/2022
- EIN
- 20-1669008
Organization Overview
Albert And Suzanne Cinelli Foundation is located in Youngtown, OH. The organization was established in 2005. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Albert And Suzanne Cinelli Foundation 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, Albert And Suzanne Cinelli Foundation generated $10.7k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.9%) each year. All expenses for the organization totaled $17.4k during the year ending 12/2022. 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 |
|---|---|---|---|
Suzanne Cinelli Trustee | 0.5 | $0 | |
Jennifer Cinelli Kickbush Trustee | 0.5 | $0 | |
Pamela Cinelli Saloom Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $559 |
| Dividends & Interest | $7,533 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $2,597 |
| Capital Gain Net Income | $2,597 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $10,689 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $222 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $4 |
| Total operating and administrative expenses | $2,521 |
| Contributions, gifts, grants paid | $14,852 |
| Total expenses and disbursements | $17,373 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $36,686 |
| 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 | $112 |
| Total assets | $217,019 |
| 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 |
Grants Awarded
Over the last fiscal year, Albert And Suzanne Cinelli Foundation has awarded $14,852 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
ST JOHN'S EPISCOPAL CHURCH PURPOSE: RELIGIOUS | $7,500 |
BUTLER INSTITUTE OF AMERICAN ART PURPOSE: ARTS | $1,000 |
THE BUMMER FUND PURPOSE: ANIMAL RESCUE | $500 |
SIGHT FOR ALL FOUNDATION PURPOSE: MEDICAL | $500 |
SAINT MATTHIAS CHURCH PURPOSE: RELIGIOUS | $1,652 |
COZY CAT COTTAGE PURPOSE: ANIMAL RESCUE | $1,300 |