Jerome G & Annette S Zimmerman Incorporated
- Assets
- $37.6m
- Revenue
- $5.7m
- Investments
- $37.0m
- Employees
- 0
- Location
- Boynton Beach, FL
- Founding
- 06/1978
- Data as of
- 12/2022
- EIN
- 52-1115801
Organization Overview
Jerome G & Annette S Zimmerman Incorporated is located in Boynton Beach, FL. The organization was established in 1978. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Jerome G & Annette S Zimmerman Incorporated 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 12/2022, Jerome G & Annette S Zimmerman Incorporated generated $5.7m in total revenue. All expenses for the organization totaled $1.9m during the year ending 12/2022. While expenses have increased by 53.6% per year over the past 8 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 2015, Jerome G & Annette S Zimmerman Incorporated has awarded 152 individual grants totaling $1,793,588. 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 |
|---|---|---|---|
Barry L Zimmerman President/treasurer | 40 | $262,500 | |
Christiane Tellefsen MD V.p./secretary | 2 | $87,500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,355,596 |
| Interest on Savings | $10,951 |
| Dividends & Interest | $1,003,739 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $3,379,538 |
| Capital Gain Net Income | $3,379,538 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $5,749,824 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $350,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $105,195 |
| Depreciation | $514 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $888 |
| Printing and publications | $0 |
| Other expenses | $5,674 |
| Total operating and administrative expenses | $516,305 |
| Contributions, gifts, grants paid | $1,383,883 |
| Total expenses and disbursements | $1,900,188 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $549,846 |
| 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 | $256 |
| Other assets | $0 |
| Total assets | $37,558,996 |
| Accounts payable and accrued expenses | $60,605 |
| 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 | $60,605 |
Grants Awarded
Over the last fiscal year, Jerome G & Annette S Zimmerman Incorporated has awarded $1,383,883 in support to 94 organizations.
| Grant Recipient | Amount |
|---|---|
AHAVAS YISRAEL CHARITY FUND PURPOSE: SOCIAL SERVICES TO FAMILIES | $1,000 |
ALPERT JEWISH FAMILY SERVICES PURPOSE: SOCIAL SERVICES TO FAMILIES | $5,000 |
BETH ISRAEL CONGREGATION PURPOSE: RELIGIOUS | $2,500 |
ANDIAMO MOTORCYCLE CHARITY INC PURPOSE: CHARITY | $150 |
BETH TFILOH CONGREGATION PURPOSE: EDUCATION | $65,000 |
BOYNTON BEACH FAITH BASED COMMUNITY DEVELOPMENT CORP PURPOSE: SOCIAL SERVICES TO FAMILIES | $2,000 |