Slg Cohen Foundation Inc
- Assets
- $2.7m
- Revenue
- $749.7k
- Investments
- $1.2m
- Employees
- 0
- Location
- Peoria, IL
- Founding
- 08/1989
- Data as of
- 05/2023
- EIN
- 36-3639861
Organization Overview
Slg Cohen Foundation Inc is located in Peoria, IL. The organization was established in 1989. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Slg Cohen 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 05/2023, Slg Cohen Foundation Inc generated $749.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.2% each year. All expenses for the organization totaled $808.2k during the year ending 05/2023. While expenses have increased by 2.7% 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
OWN MANAGE AND OPERATE A PERPETUAL PUBLIC PARK, NATURE PRESERVE AND/OR MODEL FARM IN PEORIA COUNTY, IL, SOLELY FOR RECREATIONAL, EDUCATIONAL AND SCIENTIFIC PURPOSES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David B Mueller Pres. & Dir. | 0 | $0 | |
Timothy J Cassidy Secy. & Dir. | 0 | $0 | |
Kenneth L Casper Treas. & Dir | 0 | $50,000 | |
Donald J Timmons Director | 0 | $0 | |
Jeffery Blankenship None | 0 | $55,000 | |
David B Mueller Jr None | 0 | $52,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $133 |
| Interest on Savings | $96 |
| Dividends & Interest | $56,872 |
| Net Rental Income | $10,625 |
| Net Gain on Sale of Assets | $114,079 |
| Capital Gain Net Income | $9,108 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $23,617 |
| Other Income | $544,243 |
| Total Revenue | $749,665 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $50,000 |
| Other employee salaries and wages | $281,337 |
| Pension plans, employee benefits | $45,600 |
| Interest | $5,920 |
| Taxes | $13,989 |
| Depreciation | $80,396 |
| Occupancy | $3,703 |
| Travel, conferences, and meetings | $6,051 |
| Printing and publications | $0 |
| Other expenses | $286,457 |
| Total operating and administrative expenses | $808,213 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $808,213 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $131,232 |
| 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 | $434,437 |
| Net Land, buildings, and equipment | $1,429,621 |
| Other assets | $0 |
| Total assets | $2,747,500 |
| Accounts payable and accrued expenses | $2,800 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $119,238 |
| Other liabilities | $0 |
| Total liabilities | $122,038 |