Bensenville Community Foundation
- Assets
- $200.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Bensenville, IL
- Founding
- 01/1995
- Data as of
- 06/2024
- EIN
- 36-3931862
Organization Overview
Bensenville Community Foundation is located in Bensenville, IL. The organization was established in 1995. According to its NTEE Classification (T31) the organization is classified as: Community 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. Bensenville Community 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 06/2024, Bensenville Community Foundation generated $100.7k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 22.6% each year . All expenses for the organization totaled $72.5k during the year ending 06/2024. While expenses have increased by 14.7% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3
SUPPORTED POSITIVE INITIATIVES AND INNOVATIVE APPROACHES TO ADDRESSING THE CHANGING NEEDS OF BENSENVILLE BY DELIVERING A WIDE RANGE OF SERVICES BEYOND TRADITIONAL GRANT ACTIVITIES TO HELP OUR DONORS, NONPROFIT PARTNERS, AND OTHER STAKEHOLDERS ACHIEVE THEIR CHARITABLE OBJECTIVES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kent Kovac Director | 1 | $0 | |
Ann Franz Director | 1 | $0 | |
Jaci Charbonneau Director | 1 | $0 | |
Mike Moruzzi Director | 1 | $0 | |
Michelle Janovsky Director | 1 | $0 | |
Valerie Karg Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $95,097 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $6,411 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$837 |
| Other Revenue | $0 |
| Total Revenue | $100,671 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $8,160 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $7,478 |
| Total expenses | $72,494 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $200,346 |
| Other assets | $0 |
| Total assets | $200,346 |
| Total liabilities | $0 |
| Net assets or fund balances | $200,346 |