William Corley Foundation Of The Westlake-Bay Village Rotary Club I
- Assets
- $246.7k
- Revenue
- $38.8k
- Investments
- $218.2k
- Employees
- 0
- Location
- Bay Village, OH
- Founding
- 00/0000
- Data as of
- 12/2022
- EIN
- 34-1271287
Organization Overview
William Corley Foundation Of The Westlake-Bay Village Rotary Club I is located in Bay Village, OH. The organization was established in 0000. According to its NTEE Classification (T23) the organization is classified as: Private Operating 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. William Corley Foundation Of The Westlake-Bay Village Rotary Club I 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, William Corley Foundation Of The Westlake-Bay Village Rotary Club I generated $38.8k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 1.5% each year. All expenses for the organization totaled $40.3k during the year ending 12/2022. While expenses have increased by 6.8% 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Terri Speck President | 4 | $0 | |
Robert Maver Vice Pres | 1 | $0 | |
James C Strunk Treasurer | 1 | $0 | |
Patrick Graham Secrtary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $7,792 |
| Interest on Savings | $0 |
| Dividends & Interest | $5,771 |
| 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 | $25,222 |
| Other Income | $0 |
| Total Revenue | $38,785 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $118 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,521 |
| Total operating and administrative expenses | $3,139 |
| Contributions, gifts, grants paid | $37,128 |
| Total expenses and disbursements | $40,267 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $17,324 |
| Savings and temporary cash investments | $11,199 |
| 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 | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $246,723 |
| 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 |
Grants Awarded
Over the last fiscal year, William Corley Foundation Of The Westlake-Bay Village Rotary Club I has awarded $37,128 in support to 32 organizations.
| Grant Recipient | Amount |
|---|---|
AUTISM SOCIETY OF CLEVELAND PURPOSE: COMMUNITY SERVICE | $2,100 |
BAY VILLAGE EMERGENCY FOOD PANTRY- CITY OF BAY VILLAGE PURPOSE: COMMUNITY SERVICE | $500 |
CHRISTMAS GITS - NEEDY FAMILIES PURPOSE: COMMUNITY SERVICE | $541 |
BEST BUDDIES-WESTLAKE CITY SCHOOLS PURPOSE: COMMUNITY SERVICE | $1,000 |
CONNECTING FOR KIDS PURPOSE: COMMUNITY SERVICE | $2,500 |
EXCHANGE STUDENT PURPOSE: COMMUNITY SERVICE | $0 |