John Russell Hunt Memorial Fund
- Assets
- $2.8m
- Revenue
- $69.8k
- Investments
- $1.4m
- Employees
- 0
- Location
- Westerville, OH
- Founding
- 06/1966
- Data as of
- 12/2022
- EIN
- 31-6059048
Organization Overview
John Russell Hunt Memorial Fund is located in Westerville, OH. The organization was established in 1966. According to its NTEE Classification (N12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. John Russell Hunt Memorial Fund 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, John Russell Hunt Memorial Fund generated $69.8k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.1% each year. All expenses for the organization totaled $79.0k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
MORTGAGE LOAN INTEREST REFUND
SERVICING OF LOW INTEREST LOANS TO CHURCHES OF CHRIST/ CHRISTIAN CHURCHES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Matthew Robinson Trustee | 2 | $3,900 | |
Clifford Purvis Trustee | 2 | $3,900 | |
Mark Gearhart Trustee | 10 | $11,100 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $2,889 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $66,869 |
| Total Revenue | $69,758 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $18,900 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $50,000 |
| Taxes | $1,612 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $183 |
| Other expenses | $4,717 |
| Total operating and administrative expenses | $78,954 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $78,954 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $616 |
| Savings and temporary cash investments | $1,406,247 |
| 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 | $1,434,964 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $1 |
| Total assets | $2,841,828 |
| 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 |