Westchester Center Foundation Inc is located in Oella, MD. The organization was established in 1995. 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. Westchester Center Foundation Inc is a 501(c)(2) and as such, is described as a "Title Holding Corporation for an Exempt Organization" by the IRS.
For the year ending 06/2022, Westchester Center Foundation Inc generated $172.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.6% each year. All expenses for the organization totaled $131.0k during the year ending 06/2022. While expenses have increased by 1.5% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
PROMOTE, FACILITATE, PLAN, DIRECT, AND SUPERVISE THE RESTORATION AND CONTINUED LONG-TERM MAINTENANCE OF THE BUILDING LOCATED AT WESTCHESTER AVENUE IN OELLA, MARYLAND
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Julie Pallozzi President | 1 | $0 | |
Dane Lewis Vice Preside | 1 | $0 | |
Louise Keller Treasurer | 1.5 | $0 | |
Julia Graham Secretary | 1.5 | $0 | |
Jay Patel Director | 0.5 | $0 | |
Stephen Schreiner Executive Di | 10 | $25,809 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $20,000 |
Total Program Service Revenue | $151,632 |
Membership dues | $0 |
Investment income | $1,131 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $172,763 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $25,809 |
Professional fees and other payments to independent contractors | $4,150 |
Occupancy, rent, utilities, and maintenance | $96,095 |
Printing, publications, postage, and shipping | $36 |
Other expenses | $4,930 |
Total expenses | $131,020 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $252,541 |
Other assets | $0 |
Total assets | $474,285 |
Total liabilities | $10,844 |
Net assets or fund balances | $463,441 |