T K Zampetis Family Foundation
- Assets
- $2.7m
- Revenue
- $102.6k
- Investments
- $2.1m
- Employees
- 0
- Location
- Bloomfield Hills, MI
- Founding
- 11/2005
- Data as of
- 12/2022
- EIN
- 20-2057665
Organization Overview
T K Zampetis Family Foundation is located in Bloomfield Hills, MI. The organization was established in 2005. 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. T K Zampetis Family 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, T K Zampetis Family Foundation generated $102.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (37.1%) each year. All expenses for the organization totaled $176.5k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Theodore K Zampetis President | 0 | $0 | |
Ann J Zampetis Treasurer | 0 | $0 | |
Constantine T Zampetis Vice-Preside | 0 | $0 | |
Callie A Zampetis Budman Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $90,503 |
| Interest on Savings | $9,133 |
| Dividends & Interest | $42,001 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$39,015 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $102,622 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $203 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $18,311 |
| Total operating and administrative expenses | $20,974 |
| Contributions, gifts, grants paid | $155,550 |
| Total expenses and disbursements | $176,524 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $650,690 |
| Savings and temporary cash investments | $0 |
| 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 | $1,277,932 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,712,042 |
| 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 |