Hccf Real Estate Supporting Organization is located in Corydon, IN. The organization was established in 2013. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, 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. Hccf Real Estate Supporting Organization 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, Hccf Real Estate Supporting Organization generated $230.3k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 68.4% each year . All expenses for the organization totaled $324.3k during the year ending 12/2021. While expenses have increased by 40.3% per year over the past 7 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE HCCF REAL ESTATE SUPPORTING ORGANIZATION, INC., "RESO", WAS ESTABLISHED TO SUPPORT AND CARRY OUT THE EXEMPT PURPOSE OF THE HARRISON COUNTY COMMUNITY FOUNDATION AND TO SUPPORT AND EXPAND THE WORKS AND ACTIVITIES OF THE COMMUNITY FOUNDATION. THE RESO WILL RECEIVE AND MAINTAIN REAL OR PERSONAL PROPERTY FOR THE BENEFIT OF THE PHILANTHROPIC PURPOSES OF HARRISON COUNTY, IN.
Describe the Organization's Program Activity:
THE HCCF REAL ESTATE SUPPORTING ORGANIZATION, INC., (HCCF RESO) IS A NOT-FOR-PROFIT SUPPORTING ORGANIZATION OF THE HARRISON COUNTY COMMUNITY FOUNDATION (HCCF). THE HCCF RESO WAS ESTABLISHED FOR THE RECEIPT OF REAL ESTATE DONATIONS OR THE LOCATION OF REAL ESTATE ACQUISITIONS BENEFITTING HARRISON COUNTY, INDIANA THROUGH HCCF. THE BOARD OF DIRECTORS OF THE HCCF RESO IS COMPRISED OF THE CURRENT CHAIR, VICE CHAIR, SECRETARY-TREASURER AND PRESIDENT/CEO OF HCCF.THE MISSION OF THE HARRISON COUNTY COMMUNITY FOUNDATION IS TO INSPIRE AND ASSIST EVERYONE TO EXPERIENCE PHILANTHROPY, PRODUCING POSITIVE AND SUSTAINABLE GROWTH IN HARRISON COUNTY. HCCF'S VISION IS TO GROW HARRISON COUNTY INTO THE BEST COMMUNITY TO LIVE, WORK AND RAISE A FAMILY. HCCF VALUES GENEROSITY, INTEGRITY, SUSTAINABILITY, STEWARDSHIP, INNOVATION, COLLABORATION, INCLUSION, AND EXCELLENCE.THE HARRISON COUNTY COMMUNITY FOUNDATION VALUES ITS ROLE AS A CATALYST, CONVENER AND COLLABORATOR, BRINGING OTHER FUNDERS AND NONPROFITS TOGETHER AROUND VITAL ISSUES AND ADDING KEY SUPPORT TO MAKE POSITIVE CHANGE POSSIBLE. HCCF'S WORK IS CENTERED AROUND MEETING COMMUNITY NEEDS. THE HCCF RESO HAS TWO ONGOING PROJECTS UNDER ITS UMBRELLA:THE BOYS AND GIRLS CLUB OF HARRISON IS HOUSED IN A HCCF RESO OWNED BUILDING. THE ARRANGEMENT MADE IT POSSIBLE FOR THE BOYS AND GIRLS CLUB TO OPERATE IN A FACILITY DESIGNED TO MEET THEIR NEEDS. MORE THAN 200 KIDS PARTICIPATE IN SAFE MEANINGFUL AFTER SCHOOL AND SUMMER PROGRAMS AT THIS FACILITY.HCCF PARTNERED WITH HARRISON COUNTY GOVERNMENT AND MAINSTREAM FIBER NETWORKS (MFN) TO INSTALL "BACKBONE" CABLE THROUGHOUT THE COUNTY. THE HCCF RESO OWNS 115 MILES OF BACKBONE CABLE THAT WILL ENABLE OVER 80% OF THE RESIDENCES AND BUSINESS THROUGH HARRISON COUNT TO PLUG INTO RELIABLE HIGH-SPEED INTERNET. WORK CONTINUES IN ORDER TO PROVIDE HIGH SPEED INTERNET ACCESS THROUGHOUT THE COUNTY. ALTHOUGH THE INITIAL PROJECT IS COMPLETE, THE PROJECT PARTNERS ARE AWARE SOME AREAS OF THE COUNTY ARE STILL WAITING FOR ACCESS. MFM IS CONTINUING TO INSTALL CONNECTIONS, SECURE EASEMENTS AND ADDRESS GEOLOGICAL ISSUES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Leslie Robertson Chair | OfficerTrustee | 0.5 | $0 |
Ryan Hanger Secretary/treasurer | OfficerTrustee | 0.5 | $0 |
Pat Book Vice Chair | OfficerTrustee | 0.5 | $0 |
Derrick Grigsby CFO | Officer | 2 | $0 |
Julie Moorman CEO | Officer | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $166,352 |
Investment income | $47 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $63,949 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $230,348 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $5,457 |
Fees for services: Accounting | $1,118 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $480 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $305,944 |
Insurance | $10,645 |
All other expenses | $688 |
Total functional expenses | $324,332 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $53,705 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $7,823,040 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $7,876,745 |
Accounts payable and accrued expenses | $0 |
Grants payable | $2,028,204 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $7,782,607 |
Total liabilities | $9,810,811 |
Net assets without donor restrictions | -$1,934,066 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $7,876,745 |
Over the last fiscal year, we have identified 1 grants that Hccf Real Estate Supporting Organization has recieved totaling $7,802.
Awarding Organization | Amount |
---|---|
Harrison County Community Foundation Inc Corydon, IN PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $7,802 |
Organization Name | Assets | Revenue |
---|---|---|
Greater Milwaukee Foundation Inc Milwaukee, WI | $1,114,706,959 | $151,763,598 |
Thrivent Charitable Impact & Investing Appleton, WI | $809,708,853 | $138,812,775 |
Central Indiana Community Foundation Inc Indianapolis, IN | $548,109,976 | $56,175,018 |
Greater Green Bay Community Foundation Inc Green Bay, WI | $158,723,657 | $42,186,646 |
The Community Foundation Of Louisville Inc Louisville, KY | $675,486,716 | $70,628,491 |
Community Foundation For The Fox Valley Region Inc Appleton, WI | $500,269,949 | $60,999,391 |
Madison Community Foundation Madison, WI | $285,628,719 | $40,248,600 |
Elks National Foundation Inc Chicago, IL | $936,472,552 | $62,047,958 |
Community Foundation Of The Ozarks Inc Springfield, MO | $393,798,423 | $57,110,719 |
Community Foundation Of Elkhart County Inc Elkhart, IN | $418,149,768 | $41,619,440 |
Blue Grass Community Foundation Inc Lexington, KY | $132,271,880 | $24,051,212 |
The Community Foundatio Of Louisville Depository Inc Louisville, KY | $29,429,716 | $18,203,702 |