Washington State Department Of Transportation Memorial Foundation
- Assets
- $465.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Olympia, WA
- Founding
- 08/2012
- Data as of
- 12/2022
- EIN
- 27-1684247
Organization Overview
Washington State Department Of Transportation Memorial Foundation is located in Olympia, WA. The organization was established in 2012. According to its NTEE Classification (W12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Washington State Department Of Transportation Memorial 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, Washington State Department Of Transportation Memorial Foundation generated $137.3k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.1%) each year. All expenses for the organization totaled $79.6k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (5.3%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
TO PROVIDE FINANCIAL ASSISTANCE NAD SCHOLARSHIPS TO MANY DEPARTMENTAL EMPLOYEES, RETIREES, AND THEIR FAMILIES. THE PROGRAMS ARE FUNDED THROUGH EMPLOYEE CONTRIBUTIONS, OUTSIDE DONATIONS AS WELL AS THROUGH ACTIVITIES AND EVENTS THROUGHOUT THE STATE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mike Gribner President | 0 | $0 | |
Patty Rubstello President El | 0 | $0 | |
Dave Bierschbach Treasurer | 0 | $0 | |
Jeff DE Vere Secretary | 0 | $18,000 | |
Bill Ford Executive Di | 40 | $0 | |
Darrin Grondel Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $128,432 |
| Total Program Service Revenue | $365 |
| Membership dues | $0 |
| Investment income | $10 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $137,302 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $19,522 |
| Professional fees and other payments to independent contractors | $30,720 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $3,992 |
| Other expenses | $25,341 |
| Total expenses | $79,575 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $450,066 |
| Other assets | $0 |
| Total assets | $465,567 |
| Total liabilities | $2,417 |
| Net assets or fund balances | $463,150 |