Team Carone Foundation
- Assets
- $150.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Cary, IL
- Founding
- 03/2015
- Data as of
- 12/2021
- EIN
- 46-5189643
Organization Overview
Team Carone Foundation is located in Cary, IL. The organization was established in 2015. According to its NTEE Classification (E12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Team Carone 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, Team Carone Foundation generated $2.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (43.4%) each year. All expenses for the organization totaled $8.9k during the year ending 12/2021. 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 |
|---|---|---|---|
Timothy A Carone President | 5 | $0 | |
Tony Colatorti Director | 5 | $0 | |
Jennifer Cruz Treasurer/secretary | 5 | $0 | |
Kristin Maguire Director | 5 | $0 | |
Robert Wagner Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,055 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $2,055 |
| 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 | $2,150 |
| Occupancy, rent, utilities, and maintenance | $995 |
| Printing, publications, postage, and shipping | $476 |
| Other expenses | $2,284 |
| Total expenses | $8,905 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $149,986 |
| Other assets | $0 |
| Total assets | $150,640 |
| Total liabilities | $0 |
| Net assets or fund balances | $150,640 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Team Carone Foundation has recieved totaling $5.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Louisville Medical Center Development Corporation Louisville, KY | $97,176,335 | $8,068,476 |
Pulaski Health Foundation Inc Winamac, IN | $8,480,545 | $8,038,166 |
Healthcare Foundation Of La Porte Inc La Porte, IN | $192,768,600 | $27,903,057 |
Mercy Foundation Of Des Moines Iowa Des Moines, IA | $72,079,814 | $11,993,555 |
Ephraim Mcdowell Health Inc Danville, KY | $193,248,022 | $7,628,237 |
Legacy Foundation Of Central Wisconsin Inc Wisconsin Rapids, WI | $142,600,446 | $4,980,958 |
Marshfield Clinic Health System Foundation Inc Marshfield, WI | $149,772,122 | $21,068,703 |
Norton Healthcare Foundation Inc Louisville, KY | $67,267,345 | $14,532,158 |
Masonic Family Health Foundation Downers Grove, IL | $127,837,780 | $9,277,833 |
Academy Of Nutrition And Dietetics Foundation Chicago, IL | $35,740,070 | $5,327,500 |
Heartland Foundation St Joseph, MO | $38,600,184 | $5,374,582 |
Indiana Aids Fund Inc Indianapolis, IN | $675,274 | $2,463,300 |