Gch Heritage Foundation
- Assets
- $804.3k
- Revenue
- $51.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Canton, MI
- Founding
- 06/1986
- Data as of
- 09/2021
- EIN
- 38-2645157
Organization Overview
Gch Heritage Foundation is located in Canton, MI. The organization was established in 1986. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gch Heritage 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 09/2021, Gch Heritage Foundation generated $51.0k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 9.2% each year. All expenses for the organization totaled $72.2k during the year ending 09/2021. While expenses have increased by 7.0% 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
UTILIZE PHILANTHROPIC PROGRAMS TO INSPIRE ORGANIZATIONS TO CREATE INNOVATIVE SOLUTIONS WHICH ADDRESSES THE CLINICAL AND SOCIAL NEEDS OF OUR COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE GRANTS TO QUALIFIED ORGANIZATIONS WHO ARE INTERESTED AND ABLE TO DEVELOP CLINICAL PROGRAMS AND SERVICES THAT IMPROVE THE HEALTH STATUS OF SPECIFIC GROUPS OF COMMUNITY MEMBERS WHO HAVE UNRESOLVED CLINICAL NEEDS
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sam Kennedy Board Member | 0 | $0 | |
Bonnie Barringer Board Member | 0 | $0 | |
Gary Ley President | 0 | $0 | |
Norah Fix Board Member | 0 | $0 | |
David Rychlick Board Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $13,386 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $37,618 |
| Capital Gain Net Income | $5,270 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $51,004 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $518 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $166 |
| Total operating and administrative expenses | $2,184 |
| Contributions, gifts, grants paid | $70,000 |
| Total expenses and disbursements | $72,184 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $15,282 |
| Savings and temporary cash investments | $788,995 |
| 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 | $804,277 |
| 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 |
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