Collision Industry Foundation Inc
- Assets
- $414.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Mechanicsville, VA
- Founding
- 09/2001
- Data as of
- 12/2022
- EIN
- 36-4437628
Organization Overview
Collision Industry Foundation Inc is located in Mechanicsville, VA. The organization was established in 2001. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, 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. Collision Industry 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 12/2022, Collision Industry Foundation Inc generated $138.4k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.1% each year. All expenses for the organization totaled $60.7k during the year ending 12/2022. While expenses have increased by 3.8% per year over the past 6 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
2022
Describe the Organization's Program Activity:
Part 3
SECURING AND DISTRIBUTING DONATIONS TO COLLISION REPAIR PROFESSIONALS WHO HAVE EXPERIENCED SIGNIFICANT LOSSES DUE TO NATURAL DISASTERS OR OTHER CATASTROPHIC EVENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Quinn President | 5 | $0 | |
Ann Gonzalez Vice President | 5 | $0 | |
Petra Schroeder Secretary | 5 | $0 | |
Cheryl Boswell Trustee | 5 | $0 | |
Kelly Broderick Trustee | 5 | $0 | |
Jordan Hendler Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $132,880 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $4,047 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $1,502 |
| Other Revenue | $0 |
| Total Revenue | $138,429 |
| 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 | $7,729 |
| Occupancy, rent, utilities, and maintenance | $644 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $28,861 |
| Total expenses | $60,734 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $331,241 |
| Other assets | $0 |
| Total assets | $414,302 |
| Total liabilities | $103,250 |
| Net assets or fund balances | $311,052 |