Kellogg Company Twenty-Five Year Employees Fund Inc
- Assets
- $52.4m
- Revenue
- $6.9m
- Investments
- $46.7m
- Employees
- 0
- Location
- Battle Creek, MI
- Founding
- 08/1944
- Data as of
- 12/2021
- EIN
- 38-6039770
Organization Overview
Kellogg Company Twenty-Five Year Employees Fund Inc is located in Battle Creek, MI. The organization was established in 1944. According to its NTEE Classification (Y20) the organization is classified as: Insurance Providers, under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kellogg Company Twenty-Five Year Employees Fund 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 12/2021, Kellogg Company Twenty-Five Year Employees Fund Inc generated $6.9m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 21.4% each year . All expenses for the organization totaled $6.4m during the year ending 12/2021. While expenses have increased by 7.7% 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kris Bahner President | 2 | $0 | |
Gary Pilnick Past Vice Pr | 2 | $0 | |
Mary Fair-Mathews Vice Preside | 2 | $0 | |
Joel Vanderkooi Treasurer | 2 | $0 | |
Benjamin Schorr Secretary | 2 | $0 | |
Sanjay Patel Director | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Kellog Company | 12/30/20 | $299,200 |
Ann Gallagher | 12/30/20 | $72,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,152,078 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $5,743,608 |
| Capital Gain Net Income | $5,743,608 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $417 |
| Total Revenue | $6,896,103 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $92,609 |
| Depreciation | $0 |
| Occupancy | $102,395 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $12,451 |
| Total operating and administrative expenses | $826,638 |
| Contributions, gifts, grants paid | $5,609,783 |
| Total expenses and disbursements | $6,436,421 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,663,930 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $20,000 |
| 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 | $80,430 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $44,733,118 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $52,430,078 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $200,000 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $67,740 |
| Total liabilities | $267,740 |
Grants Awarded
Over the last fiscal year, Kellogg Company Twenty-Five Year Employees Fund Inc has awarded $5,609,783 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
SEE ATTACHED PURPOSE: CHARITABLE | $3,309,783 |
SEE ATTACHED PURPOSE: CHARITABLE | $2,300,000 |
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|---|---|---|
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Ua Local 190 Health And Welfare Plan And Tr Bingham Farms, MI | $31,731,480 | $19,592,093 |
Ohio League Trust For Employee Benefits Columbus, OH | $19,645,020 | $20,892,498 |
Iue-Cwa Gm Bankruptcy Claim Tr Beavercreek, OH | $165,232,708 | $19,898,043 |
St Anthony's Med Cnt Prof & Gen Liab Milwaukee, WI | $0 | $2,384,132 |
Roofers Local 149 Security Benefit Trust Fund Troy, MI | $18,107,523 | $12,731,786 |
Line Clearance Contractors Health & Welfare Fund Lansing, MI | $38,290,226 | $13,603,170 |
Lancaster Colony Corporation Hourly Employees Benefit Trust Westerville, OH | $1,046,249 | $12,368,099 |
Mahoning And Trumbull County Building Trades Welfare Trust Fund Canfield, OH | $29,045,712 | $13,335,050 |
Ohio State Medical Association Health Benefits Plan Tr Dublin, OH | $12,147,468 | $12,124,526 |
Ford Meter Box Co Inc Employee Benefit Plan Wabash, IN | $2,576,706 | $10,783,533 |
Sheet Metal Worker Local 98 Welfare Fund Columbus, OH | $15,445,033 | $10,105,118 |