Ocean City Home Charitable Foundation
- Assets
- $996.0k
- Revenue
- $96.6k
- Investments
- $611.0k
- Employees
- 0
- Location
- Ocean City, NJ
- Founding
- Data as of
- 12/2016
- EIN
- 20-2097333
Organization Overview
Ocean City Home Charitable Foundation is located in Ocean City, NJ.
For the year ending 12/2016, Ocean City Home Charitable Foundation generated $96.6k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 39.0% each year . All expenses for the organization totaled $174.3k during the year ending 12/2016. While expenses have increased by 12.6% per year over the past 2 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Donald Morgenweck Treasurer | 0.5 | $0 | |
Robin Stoloff Member | 0.5 | $0 | |
Sylvia Bertini Member | 0.5 | $0 | |
Chris Ford Member | 0.5 | $0 | |
Jean Jacobsen President | 0.5 | $0 | |
John L Van Duyne Member | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $65 |
| Dividends & Interest | $22,140 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $74,435 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $96,640 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,004 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $81 |
| Total operating and administrative expenses | $1,285 |
| Contributions, gifts, grants paid | $173,000 |
| Total expenses and disbursements | $174,285 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $385,043 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $996,007 |
| 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, Ocean City Home Charitable Foundation has awarded $173,000 in support to 45 organizations.
| Grant Recipient | Amount |
|---|---|
Atlantic City, NJ PURPOSE: CONTRIB | $12,000 |
COMMUNITY FOOD BANK OF NJ SOUTHER B PURPOSE: CONTRIB | $12,000 |
Ocean City, NJ PURPOSE: CONTRIB | $10,000 |
ALCOVE CENTER FOR GRIEVING CHILDREN PURPOSE: CONTRIB | $10,000 |
Egg Harbor City, NJ PURPOSE: CONTRIB | $7,500 |
CASA PURPOSE: CONTRIB | $7,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Berks County School Districts Health Tr Reading, PA | $37,307,686 | $92,475,879 |
Jewish Home Lifecare Manhattan New York, NY | $92,070,146 | $86,814,145 |
Central European University New York, NY | $577,160,061 | $72,058,098 |
International Union Of Operating Engineers Welfare Fund Long Island City, NY | $98,450,225 | $98,628,304 |
New Jersey Property Liability Basking Ridge, NJ | $270,074,908 | $113,404,286 |
Upmc Lititz Harrisburg, PA | $81,864,299 | $83,139,500 |
Procter & Gamble Benefit Plan Trust Cincinnati, OH | $69,184,153 | $97,679,425 |
United Church Homes Inc Marion, OH | $230,951,491 | $117,776,158 |
American Society For Testing And Materials West Conshohocken, PA | $507,262,217 | $135,712,233 |
Cedar Crest Village Llc Pompton Plains, NJ | $458,841,206 | $94,228,748 |
Alfred P Sloan Foundation New York, NY | $2,105,880,634 | $192,527,982 |
Philadelphia Post-Acute Partnersllc Philadelphia, PA | $76,499,158 | $101,068,675 |