Cedar Village Foundation
- Assets
- $22.6m
- Revenue
- $1.0m
- Investments
- $596.0k
- Employees
- 0
- Location
- Cincinnati, OH
- Founding
- 05/2011
- Data as of
- 12/2021
- EIN
- 27-2598846
Organization Overview
Cedar Village Foundation is located in Cincinnati, OH. The organization was established in 2011. According to its NTEE Classification (L11) the organization is classified as: Single Organization Support, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cedar Village 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 12/2021, Cedar Village Foundation generated $1.0m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.1%) each year. All expenses for the organization totaled $512.9k 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
CEDAR VILLAGE FOUNDATION EXISTS TO PROVIDE A RELIABLE SOURCE OF FUNDING TO SUPPORT JEWISH HOME OF CINCINNATI, INC. JEWISH HOME OF CINCINNATI, INC. EXISTS TO SUPPORT GREATER CINCINNATI JEWISH SENIORS BY INVESTING IN INNOVATIVE SERVICES AND PROGRAMS THAT WILL ALLOW THEM TO FEEL THEY HAVE CONNECTED, FULFILLED LIVES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CEDAR VILLAGE FOUNDATION IS A SUPPORTING ORGANIZATION OF JEWISH HOME OF CINCINNATI, INC. THE FOUNDATION SUPPORTS THE NEEDS OF JEWISH OLDER ADULTS IN THE CINCINNATI COMMUNITY. IT HELPS FUND FRESHLY PREPARED KOSHER MEALS FOR THE RESIDENTS WHO INDICATE THEIR LEVEL OF JEWISH OBSERVANCE REQUIRES THEM, PASTORAL CARE, SHABBAT OBSERVANCE AND THE CELEBRATION OF JEWISH HOLIDAYS AT CEDAR VILLAGE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Larry Neuman Past Chairman | OfficerTrustee | 5 | $0 |
Alan Eichner Treasurer | OfficerTrustee | 2 | $0 |
Harvey Cohen Past Chair | OfficerTrustee | 2 | $0 |
Stephen A Schwartz Chairman | OfficerTrustee | 2 | $0 |
Roz Harkavy Board Member | Trustee | 2 | $0 |
Andrew Shott Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $206,992 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $206,992 |
| Total Program Service Revenue | $0 |
| Investment income | $382,649 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $438,823 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,028,464 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,002 |
| Fees for services: Accounting | $10,572 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $52,151 |
| Fees for services: Other | $734 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| 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 | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $7,567 |
| All other expenses | $266 |
| Total functional expenses | $512,894 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $118,720 |
| Savings and temporary cash investments | $0 |
| 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 | $21,908,821 |
| Investments—other securities | $596,000 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $22,623,541 |
| Accounts payable and accrued expenses | $95,407 |
| 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 | $200 |
| Total liabilities | $95,607 |
| Net assets without donor restrictions | $17,570,897 |
| Net assets with donor restrictions | $4,957,037 |
| 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 | $22,623,541 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Cedar Village Foundation has recieved totaling $2,000.
| Awarding Organization | Amount |
|---|---|
Wood-Byer Foundation Cincinnati, OH PURPOSE: GENERAL SUPPORT | $2,000 |
Endowment Analysis
| Beg. Balance | $20,012,698 |
| Earnings | $2,748,274 |
| Net Contributions | $200,000 |
| Other Expense | $552,151 |
| Ending Balance | $22,408,821 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Indiana Senior Housing Health Care Properties Inc Bloomington, IN | $38,938,663 | $24,270,450 |
Ohio Capital Impact Corporation Columbus, OH | $12,020,357 | $5,228,478 |
Presbyterian Seniorcare Foundation Oakmont, PA | $8,697,066 | $4,349,220 |
Midland Kings Daughters Endowment Fund Midland, MI | $40,124,974 | $3,481,045 |
Ehca Foundation Erie, PA | $9,325,618 | $619,289 |
Bhi Properties Llc Louisville, KY | $12,489,972 | $1,658,797 |
Newcourtland Life At St Bartholomew Inc Philadelphia, PA | $11,528,481 | $536,860 |
Wcm Real Estate Nfp Washington, PA | $10,316,882 | $543,232 |
Mission First Housing Group Inc Philadelphia, PA | $146,738 | $182,915 |
One Parent Family Facility Corp Lexington, KY | $2,640,950 | $1,180,160 |
Cedar Village Foundation Cincinnati, OH | $22,623,541 | $1,028,464 |
Glacier Hills Foundation Ann Arbor, MI | $15,415,719 | $1,434,969 |