Hancock Properties Foundation
- Assets
- $3.9m
- Revenue
- $621.2k
- Investments
- $0.0
- Employees
- 2
- Location
- Findlay, OH
- Founding
- 05/2006
- Data as of
- 12/2022
- EIN
- 27-0121577
Organization Overview
Hancock Properties Foundation is located in Findlay, OH. The organization was established in 2006. According to its NTEE Classification (T11) the organization is classified as: Single Organization Support, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2022, Hancock Properties Foundation employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hancock Properties 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, Hancock Properties Foundation generated $621.2k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 4.2% each year. All expenses for the organization totaled $725.7k during the year ending 12/2022. While expenses have increased by 6.0% per year over the past 4 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION ASSISTS CHARITABLE ORGANIZATIONS IN HANCOCK COUNTY BY PROVIDING AFFORDABLE RENTAL SPACE FOR THEIR ADMINISTRATIVE, MANAGEMENT AND OPERATIONAL ACTIVITIES IN GENERAL SUPPORT OF THE FINDLAY-HANCOCK COUNTY COMMUNITY FOUNDATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION RENTS SPACE TO 12 LOCAL NONPROFIT AGENCIES AT BELOW MARKET RATES. THE AGENCIES ARE: ASSOCIATED CHARITIES; CANCER PATIENT SERVICES; CAUGHMAN HEALTH CENTER; CHILDREN'S MENTORING CONNECTION; CHOPIN HALL; CHRISTIAN CLEARING HOUSE; HHWP COMMUNITY ACTION COMMISSION; HANCOCK METROPOLITAN HOUSING AUTHORITY; HOPE HOUSE; LEGAL AID OF WESTERN OHIO; WOMEN, INFANTS, & CHILDREN (W.I.C); DENTAL CENTER OF NORTHWEST OHIO.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Patty Lucas Chairperson | OfficerTrustee | 1 | $0 |
Molly Benson Trustee | Trustee | 1 | $0 |
Cheryl Buckland-Manley Trustee | Trustee | 1 | $0 |
Dave Healy Trustee | Trustee | 1 | $0 |
Richard Kirk Trustee | Trustee | 1 | $0 |
Ed Reading Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $166,000 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $166,000 |
| Total Program Service Revenue | $455,225 |
| Investment income | $0 |
| 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 | $621,225 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $106,750 |
| Pension plan accruals and contributions | $4,695 |
| Other employee benefits | $12,617 |
| Payroll taxes | $10,209 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $266 |
| Fees for services: Accounting | $2,836 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $84,780 |
| Advertising and promotion | $25 |
| Office expenses | $32,133 |
| Information technology | $4,709 |
| Royalties | $0 |
| Occupancy | $122,341 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $726 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $197,954 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $725,676 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $358,734 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $29,567 |
| 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 | $4,023 |
| Net Land, buildings, and equipment | $3,482,524 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $46,305 |
| Total assets | $3,921,153 |
| Accounts payable and accrued expenses | $19,148 |
| 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 | $38,161 |
| Total liabilities | $57,309 |
| Net assets without donor restrictions | $3,863,844 |
| Net assets with donor restrictions | $0 |
| 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 | $3,921,153 |