Jerome J Choromanski Foundation
- Assets
- $984.3k
- Revenue
- $169.7k
- Investments
- $916.5k
- Employees
- 0
- Location
- Plymouth, MN
- Founding
- 12/1994
- Data as of
- 12/2021
- EIN
- 41-1792024
Organization Overview
Jerome J Choromanski Foundation is located in Plymouth, MN. The organization was established in 1994. According to its NTEE Classification (T70) the organization is classified as: Federated Giving Programs, 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. Jerome J Choromanski 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 12/2021, Jerome J Choromanski Foundation generated $169.7k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 24.0% each year . All expenses for the organization totaled $322.0k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Jerome J Choromanski Foundation has awarded 273 individual grants totaling $1,618,060. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jennifer Shaltz Vice President & Secretary | 0 | $0 | |
Caroline Partoll President & Treasurer | 0 | $0 | |
Jane Norris Vice President & Asst. Sec | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $5 |
| Dividends & Interest | $36,548 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $133,125 |
| Capital Gain Net Income | $133,125 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $169,678 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,912 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $15,348 |
| Total operating and administrative expenses | $19,485 |
| Contributions, gifts, grants paid | $302,500 |
| Total expenses and disbursements | $321,985 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $29,462 |
| Savings and temporary cash investments | $38,341 |
| 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 | $984,331 |
| 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, Jerome J Choromanski Foundation has awarded $302,500 in support to 48 organizations.
| Grant Recipient | Amount |
|---|---|
HOLY CROSS CATHOLIC CHURCH PURPOSE: GENERAL OPERATING | $25,000 |
CRISTO REY PURPOSE: GENERAL OPERATING | $20,000 |
ST OLAF CHURCH PURPOSE: GENERAL OPERATING | $15,000 |
NAMI PURPOSE: GENERAL OPERATING | $15,000 |
TRUE FRIENDS PURPOSE: GENERAL OPERATING | $14,000 |
Eden Prairie, MN PURPOSE: GENERAL OPERATING | $12,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
United Way Of Greater Milwaukee & Waukesha County Inc Milwaukee, WI | $57,056,595 | $64,052,238 |
Greater Twin Cities United Way Minneapolis, MN | $131,397,199 | $56,166,906 |
Aurora Health Care Foundation Inc Milwaukee, WI | $332,167,553 | $7,899,285 |
United Way Of Central Iowa Des Moines, IA | $37,480,917 | $26,442,012 |
Minneapolis Jewish Federation Minneapolis, MN | $195,630,681 | $22,381,825 |
Milwaukee Jewish Federation Inc Milwaukee, WI | $275,238,952 | $33,191,987 |
United Way Of Dane County Inc Madison, WI | $25,467,311 | $22,528,941 |
Marquardt Home And Community Based Services Inc Watertown, WI | $9,140,172 | $14,598,397 |
Best Buy Foundation Richfield, MN | $56,998,788 | $22,106,255 |
United Way Fox Cities Inc Menasha, WI | $16,186,120 | $10,302,524 |
Sioux Empire United Way Inc Sioux Falls, SD | $14,046,411 | $8,857,048 |
New Harmony Care Center Inc Edina, MN | $17,674,874 | $11,846,414 |