Aline And Edgar Igleheart Foundation Inc
- Assets
- $77.3m
- Revenue
- $7.4m
- Investments
- $65.2m
- Employees
- 0
- Location
- Evansville, IN
- Founding
- 07/2015
- Data as of
- 12/2021
- EIN
- 47-3043391
Organization Overview
Aline And Edgar Igleheart Foundation Inc is located in Evansville, IN. The organization was established in 2015. According to its NTEE Classification (C41) the organization is classified as: Botanical Gardens & Arboreta, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Aline And Edgar Igleheart Foundation 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, Aline And Edgar Igleheart Foundation Inc generated $7.4m 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 (8.3%) each year. All expenses for the organization totaled $1.6m during the year ending 12/2021. 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 Program Activity:
Part 3 - Line 4a
SEE ATTACHED
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rick Tremont President/treasurer | 40 | $230,769 | |
Theresa A Alexander 0 | 40 | $53,415 | |
Charles W Adams 0 | 40 | $52,308 | |
Robert W Kuhlman Secretary | 15 | $23,800 | |
Jeffrey L Wilmes Director | 4 | $5,835 | |
Cary I Grady Vice President | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
The Adler Companies Llc | 12/30/21 | $278,455 |
Happe And Dubord Construction | 12/30/21 | $115,911 |
Graber Post Building | 12/30/21 | $97,681 |
Evansville Security Inc | 12/30/21 | $86,752 |
Merrill Lynch | 12/30/21 | $261,522 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $107 |
| Dividends & Interest | $2,111,000 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $5,302,483 |
| Capital Gain Net Income | $5,302,483 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $4,458 |
| Total Revenue | $7,418,048 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $260,404 |
| Other employee salaries and wages | $239,211 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $58,200 |
| Depreciation | $249,796 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $469,791 |
| Total operating and administrative expenses | $1,615,283 |
| Contributions, gifts, grants paid | $7,730 |
| Total expenses and disbursements | $1,623,013 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,800,419 |
| Savings and temporary cash investments | $0 |
| 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 | $7,610,083 |
| Other assets | $654,420 |
| Total assets | $77,304,816 |
| Accounts payable and accrued expenses | $1,926 |
| 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 | $1,926 |
Grants Awarded
Over the last fiscal year, Aline And Edgar Igleheart Foundation Inc has awarded $7,730 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
REITZ HOME MUSEUM PURPOSE: TO SUPPORT THE PRESERVATION OF THE HOME | $5,000 |
EVANSVILLE P-47 FOUNDATION PURPOSE: TO SUPPORT WARTIME EDUCATION | $2,230 |
San Angelo, TX PURPOSE: TO SUPPORT ANIMAL WELFARE | $500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Powell Gardens Inc Kingsville, MO | $24,088,775 | $5,681,718 |
Green Bay Botanical Garden Inc Green Bay, WI | $16,307,811 | $3,306,952 |
Anderson Gardens Rockford, IL | $13,394,743 | $2,213,455 |
Aline And Edgar Igleheart Foundation Inc Evansville, IN | $77,304,816 | $7,418,048 |
Wellfield Botanic Gardens Inc Elkhart, IN | $16,109,169 | $9,384,636 |
Rotary Botanical Gardens Inc Janesville, WI | $3,144,621 | $1,397,418 |
Quad City Botanical Center Foundation Rock Island, IL | $4,957,225 | $828,470 |
Freeport Memorial Gardens Inc Freeport, IL | $1,629,241 | $651,461 |
Abraham Lincoln Memorial Garden Foundation Springfield, IL | $4,310,080 | $1,145,814 |
Victory Garden Initiative Inc Milwaukee, WI | $303,934 | $382,757 |
Robert W Monk Gardens Inc Wausau, WI | $2,760,791 | $351,421 |
Western Kentucky Botanical Garden Owensboro, KY | $2,142,656 | $760,472 |