Hanover Township Foundation
- Assets
- $79.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Streamwood, IL
- Founding
- 08/1996
- Data as of
- 12/2023
- EIN
- 36-4093508
Organization Overview
Hanover Township Foundation is located in Streamwood, IL. The organization was established in 1996. According to its NTEE Classification (P81) the organization is classified as: Senior Centers, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hanover Township 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 12/2023, Hanover Township Foundation generated $190.2k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 9.0% each year. All expenses for the organization totaled $163.6k during the year ending 12/2023. While expenses have increased by 5.0% per year over the past 5 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anne Essick President | 2 | $0 | |
Raymond H Deyne Treasurer | 2 | $0 | |
Patricia Kelly Secretary | 2 | $0 | |
Brian P Mcguire Director | 2 | $0 | |
Heidi Mcguire Director | 2 | $0 | |
Lori Ann Airdo Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $190,153 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $190,153 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $163,629 |
| Total expenses | $163,629 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $79,064 |
| Other assets | $0 |
| Total assets | $79,064 |
| Total liabilities | $0 |
| Net assets or fund balances | $79,064 |