Nicholas County Communityfoundation Inc
- Assets
- $6.2m
- Revenue
- $716.2k
- Investments
- $0.0
- Employees
- 1
- Location
- Summersville, WV
- Founding
- 02/2008
- Data as of
- 12/2021
- EIN
- 20-5799430
Organization Overview
Nicholas County Communityfoundation Inc is located in Summersville, WV. The organization was established in 2008. 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. Nicholas County Communityfoundation 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, Nicholas County Communityfoundation Inc generated $716.2k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 4.6% each year. All expenses for the organization totaled $246.4k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
OPERATE A COMMUNITY FOUNDATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATE A CHARITABLE COMMUNITY FOUNDATION IN THE NICHOLAS COUNTY, WV AREA
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tamara Mullins Executive Director | Officer | 20 | $27,400 |
Jay Borrell President | Officer | 4 | $0 |
Jim Davis Secretary | Officer | 4 | $0 |
Steve Ferguson Treasurer | Officer | 4 | $0 |
Kelly Blake Vice President | Officer | 4 | $0 |
Michael Perilli Director | Trustee | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $5,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $152,489 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $157,489 |
| Total Program Service Revenue | $0 |
| Investment income | $555,694 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $716,181 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $162,532 |
| Grants and other assistance to domestic individuals. | $24,750 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $27,400 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $2,096 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $4,110 |
| Advertising and promotion | $3,634 |
| Office expenses | $2,058 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,013 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $5,031 |
| All other expenses | $0 |
| Total functional expenses | $246,361 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $6,194,023 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $100 |
| Total assets | $6,194,123 |
| Accounts payable and accrued expenses | $134 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $486,812 |
| Total liabilities | $486,946 |
| Net assets without donor restrictions | $156,988 |
| Net assets with donor restrictions | $5,550,189 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $6,194,123 |
Grants Awarded
Over the last fiscal year, Nicholas County Communityfoundation Inc has awarded $0 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
Summersville, WV | | $0 |
NICHOLAS CO BOARD OF EDUCATION | | | $0 |
CRAIGSVILLE PUBLIC LIBRARY | | | $0 |
BROWN OAKS FOUNDATION | | | $0 |
NICHOLAS OLD MAIN FOUNDATION | | | $0 |
Summersville, WV | | $0 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Nicholas County Communityfoundation Inc has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
Milan Puskar Foundation Inc Morgantown, WV PURPOSE: SOCIAL WELFARE | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Pittsburgh Foundation Pittsburgh, PA | $1,354,368,497 | $110,535,351 |
Philadelphia Foundation Philadelphia, PA | $669,216,014 | $72,684,648 |
The Community Foundation Inc Richmond, VA | $859,349,771 | $152,790,051 |
The Community Foundation Of Louisville Inc Louisville, KY | $675,486,716 | $70,628,491 |
Dayton Foundation Dayton, OH | $614,105,736 | $82,530,515 |
Charlottesville Area Community Foundation Charlottesville, VA | $339,690,669 | $77,610,040 |
Baltimore Community Foundation Inc Baltimore, MD | $302,066,491 | $73,158,770 |
Hampton Roads Community Foundation Norfolk, VA | $431,066,210 | $16,919,172 |
Akron Community Foundation Akron, OH | $274,088,705 | $39,277,326 |
Dayton Foundation Depository Dayton, OH | $38,449,497 | $25,927,776 |
Toledo Community Foundation Toledo, OH | $169,770,837 | $23,444,286 |
Blue Grass Community Foundation Inc Lexington, KY | $132,271,880 | $24,051,212 |