Shepherds Foundation Inc
- Assets
- $3.9m
- Revenue
- $607.4k
- Investments
- $0.0
- Employees
- 3
- Location
- Austintown, OH
- Founding
- 05/1994
- Data as of
- 12/2021
- EIN
- 34-1758384
Organization Overview
Shepherds Foundation Inc is located in Austintown, OH. The organization was established in 1994. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, under the broad grouping of Health Care and related organizations. As of 12/2021, Shepherds Foundation Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Shepherds Foundation Inc 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, Shepherds Foundation Inc generated $607.4k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.8% each year . All expenses for the organization totaled $237.4k during the year ending 12/2021. While expenses have increased by 2.4% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT THE ACTIVITIES & TO INVEST & RAISE FUNDS FOR THE EXCLUSIVE USE OF SHEPHERD OF THE VALLEY
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO SUPPORT THE ACTIVITIES AND TO INVEST AND RAISE FUNDS FOR THE EXCLUSIVE USE OF THE SHEPHERD OF THE VALLEY LUTHERAN RETIREMENT SERVICES, INC. (A TAX EXEMPT ORGANIZATION).
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard Limongi CEO | OfficerTrustee | 4 | $28,738 |
Rick Thompson President | OfficerTrustee | 1 | $0 |
Dini Ricchiuti Secretary | OfficerTrustee | 1 | $0 |
Donald Emerson Vice President | OfficerTrustee | 1 | $0 |
Barb Rosenblum Treasurer | OfficerTrustee | 1 | $0 |
Kimberly Simons Cox Trustee | Trustee | 1 | $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 | $118,829 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $118,829 |
| Total Program Service Revenue | $0 |
| Investment income | $46,579 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $436,636 |
| Net Income from Fundraising Events | $5,380 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $607,424 |
| 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. | $28,738 |
| Compensation of current officers, directors, key employees. | $28,738 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $86,155 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $7,153 |
| Payroll taxes | $8,865 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,333 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $5,167 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $4,425 |
| 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 | $71,554 |
| Depreciation, depletion, and amortization | $1,343 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $237,398 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $191,681 |
| 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 | $7,125 |
| Investments—publicly traded securities | $3,695,730 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $20,879 |
| Total assets | $3,915,415 |
| Accounts payable and accrued expenses | $24,793 |
| 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 | $0 |
| Total liabilities | $24,793 |
| Net assets without donor restrictions | $3,674,020 |
| Net assets with donor restrictions | $216,602 |
| 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 | $3,915,415 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Shepherds Foundation Inc has recieved totaling $2,500.
| Awarding Organization | Amount |
|---|---|
William M And Alyce Cafaro Family Foundation Niles, OH PURPOSE: GENERAL PURPOSE | $2,500 |
Endowment Analysis
| Beg. Balance | $2,535,951 |
| Earnings | $412,164 |
| Admin Expense | $9,488 |
| Net Contributions | $911 |
| Other Expense | $26,473 |
| Ending Balance | $2,913,065 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Somc Medical Care Foundation Inc Portsmouth, OH | $14,653,193 | $44,708,757 |
Deaconess Health System Inc Evansville, IN | $144,110,992 | $33,405,417 |
Via Affiliates Doylestown, PA | $20,467,499 | $60,672,147 |
Dorothy Rider Pool Health Care Tr Uw L P Pool No 8 76431 Pittsburgh, PA | $33,435 | $17,533,563 |
Norton Properties Inc Louisville, KY | $374,509,086 | $60,233,665 |
West Virginia University Hospitals East Inc Martinsburg, WV | $676,755 | $63,515,006 |
Ufcw Local 1776 & Participating Employers Health & Welfare Fund Plymouth Meeting, PA | $60,321,476 | $63,078,058 |
Associates Health Trust Solon, OH | $8,159,190 | $46,591,493 |
Childrens Hospital Pittsburgh Foundation Pittsburgh, PA | $343,464,938 | $65,119,589 |
International Brotherhood Of Elec Workers 683 Health & Welfare Fund Lansing, MI | $27,261,838 | $34,571,326 |
Steamfitters Local 449 Medical & Benefit Fund Harmony, PA | $89,351,885 | $44,512,937 |
The Erm Group Health & Welfare Trust Malvern, PA | $0 | $29,217,705 |