Cheryl A And John M Omeara Charitable Foundation Inc
- Assets
- $1.1m
- Revenue
- $206.6k
- Investments
- $1.1m
- Employees
- 0
- Location
- Kildeer, IL
- Founding
- 06/1998
- Data as of
- 12/2023
- EIN
- 36-4229928
Organization Overview
Cheryl A And John M Omeara Charitable Foundation Inc is located in Kildeer, IL. The organization was established in 1998. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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. Cheryl A And John M Omeara Charitable 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 12/2023, Cheryl A And John M Omeara Charitable Foundation Inc generated $206.6k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 15.1% each year . All expenses for the organization totaled $76.7k during the year ending 12/2023. While expenses have increased by 6.3% 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.
Since 2019, Cheryl A And John M Omeara Charitable Foundation Inc has awarded 61 individual grants totaling $277,550. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cheryl Omeara President | 0 | $0 | |
Brendan Omeara Director | 0 | $0 | |
William Omeara Sec-Treas | 0 | $0 | |
Brian Omeara Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,850 |
| Interest on Savings | $91 |
| Dividends & Interest | $12,433 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $192,230 |
| Capital Gain Net Income | $179,799 |
| Net ST Capital Gain | $27,935 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $42 |
| Total Revenue | $206,646 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $18,179 |
| Contributions, gifts, grants paid | $58,550 |
| Total expenses and disbursements | $76,729 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $27,450 |
| 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 | $1,112,665 |
| 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, Cheryl A And John M Omeara Charitable Foundation Inc has awarded $58,550 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
SMILE TRAIN PURPOSE: GRANT | $2,694 |
CENTER ON HALSTED PURPOSE: GRANT | $5,250 |
LAKE COUNTY CHILDRENS ADVOCACY CENT PURPOSE: GRANT | $5,000 |
A SAFE PLACE PURPOSE: GRANT | $3,585 |
LAKE COUNTY HAVEN PURPOSE: GRANT | $3,585 |
NORTHERN ILLINOIS FOOD BK PURPOSE: GRANT | $5,000 |