The Chehalis Foundation
- Assets
- $6.0m
- Revenue
- $5.9m
- Investments
- $0.0
- Employees
- 0
- Location
- Chehalis, WA
- Founding
- 06/2003
- Data as of
- 12/2021
- EIN
- 51-1148560
Organization Overview
The Chehalis Foundation is located in Chehalis, WA. The organization was established in 2003. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Chehalis 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, Chehalis Foundation generated $5.9m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 34.0% each year . All expenses for the organization totaled $1.1m during the year ending 12/2021. While expenses have increased by 15.0% 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.
Since 2019, Chehalis Foundation has awarded 11 individual grants totaling $3,570,416. 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE THE INTERESTS OF THE CHEHALIS COMMUNITY THROUGH SUPPORT FOR EDUCATION, PUBLIC WORKS, AND CULTURAL AND CHARITABLE PURSUITS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EXCELLENCE IN EDUCATION - FUNDING PROGRAMS TO IMPROVE STUDENT ACHIEVEMENT
FUNDING CHEHALIS SCHOOL DISTRICT SCIENCE, TECHNOLOGY, ENGINEERING AND MATH (STEM) PROGRAMS
FUNDING COLLEGE SCHOLARSHIPS FOR LOCAL HIGH SCHOOL STUDENTS
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jennifer Collins Executive Dir. | Trustee | 40 | $115,000 |
Tim Sayler President | OfficerTrustee | 4 | $0 |
Chuck Emerick Vice President | OfficerTrustee | 1 | $0 |
Allen Unzelman Treasurer | OfficerTrustee | 3 | $0 |
Joanne Schwartz Director | Trustee | 3 | $0 |
Bill Hillier Director | Trustee | 1 | $0 |
Financial Statements
| 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 | $5,420,878 |
| Noncash contributions included in lines 1a–1f | $3,110,164 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,420,878 |
| Total Program Service Revenue | $0 |
| Investment income | $31,458 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $426,117 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,878,453 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $653,485 |
| Grants and other assistance to domestic individuals. | $103,500 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $115,000 |
| Compensation of current officers, directors, key employees. | $57,500 |
| 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 | $7,650 |
| Fees for services: Legal | $875 |
| Fees for services: Accounting | $8,171 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $16,641 |
| Fees for services: Other | $106,004 |
| Advertising and promotion | $7,736 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $3,000 |
| 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 | $0 |
| Insurance | $4,820 |
| All other expenses | $6,417 |
| Total functional expenses | $1,093,993 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $790,518 |
| Savings and temporary cash investments | $281,659 |
| 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 | $0 |
| Investments—publicly traded securities | $4,933,572 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $6,005,749 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $675,774 |
| Net assets with donor restrictions | $5,329,975 |
| 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 | $6,005,749 |
Grants Awarded
Over the last fiscal year, The Chehalis Foundation has awarded $651,090 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
CHEHALIS SCHOOL DISTRICT PURPOSE: EDUCATIONAL EXCELLENCE | $343,000 |
CENTRALIA COLLEGE PURPOSE: EDUCATIONAL EXCELLENCE | $196,743 |
CHEHALIS SCHOOL DISTRICT PURPOSE: STEM PROGRAM | $95,756 |
CITY OF CHEHALIS PURPOSE: City Projects/Parks | $15,591 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that The Chehalis Foundation has recieved totaling $65,000.
| Awarding Organization | Amount |
|---|---|
Millennium Evergreen Charitable Fund Owings Mills, MD PURPOSE: GENERAL SUPPORT | $65,000 |
Endowment Analysis
| Beg. Balance | $7,461,445 |
| Earnings | $1,413,179 |
| Admin Expense | $102,151 |
| Net Contributions | $1,225,709 |
| Grants | $513,456 |
| Ending Balance | $9,484,726 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Aleutian-Pribilof Islands Anchorage, AK | $38,968,570 | $29,437,372 |
Friends Of Seattle Waterfront Seattle, WA | $32,295,569 | $18,451,565 |
Yakima County Development Association Yakima, WA | $2,653,869 | $12,280,886 |
Association Of Washington Cities Olympia, WA | $23,978,792 | $13,838,038 |
Hacienda Community Development Corporation Portland, OR | $42,129,547 | $14,753,048 |
Klamath-Lake Community Action Services Klamath Falls, OR | $1,233,106 | $7,011,875 |
The Contingent Portland, OR | $16,984,824 | $8,759,620 |
Southeast Effective Development Seattle, WA | $44,851,964 | $4,590,608 |
Evergreen Business Capital Seattle, WA | $8,313,121 | $5,500,753 |
Clean & Safe Inc Portland, OR | $4,418,996 | $6,074,621 |
Community Frameworks Spokane, WA | $20,309,475 | $6,692,007 |
Interim Community Development Association Seattle, WA | $18,632,697 | $4,931,753 |