The Petersburg Foundation
- Assets
- $221.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Petersburg, VA
- Founding
- 09/1987
- Data as of
- 12/2016
- EIN
- 54-1368730
Organization Overview
The Petersburg Foundation is located in Petersburg, VA. The organization was established in 1987. According to its NTEE Classification (S99) the organization is classified as: Community Improvement & Capacity Building N.E.C., 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. Petersburg 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 12/2016, Petersburg Foundation generated $8.6k in total revenue. All expenses for the organization totaled $18.8k during the year ending 12/2016.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2016
Describe the Organization's Program Activity:
Part 3
THE PETERSBURG FOUNDATION IS A PUBLIC SERVICE 501(C)(3) ORGANIZATION THAT IS COMMITTED TO IMPROVING THE QUALITY OF LIFE AND ENHANCING GROWTH FOR RESIDENTS, VISITORS, BUSINESS & INDUSTRY, AND GOVERNMENTAL ENTITIES IN THE PETERSBURG REGION THROUGH BEAUTIFICATION, EDUCATION, ECONOMIC DEVELOPMENT, PRESERVATION, AND REVITALIZATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joe Battiston Vice Chairman | 1 | $0 | |
F Gibbons Sloan Director | 1 | $0 | |
Thomas Bandy Director | 1 | $0 | |
C Rodes Boyd Jr Director | 1 | $0 | |
Richard B Taylor Chairman | 1 | $0 | |
Nicholas Walker Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $4,631 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $4,000 |
| Total Revenue | $8,631 |
| 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 | $1,278 |
| Occupancy, rent, utilities, and maintenance | $4,000 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $3,511 |
| Total expenses | $18,789 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $3,501 |
| Other assets | $0 |
| Total assets | $221,034 |
| Total liabilities | $0 |
| Net assets or fund balances | $221,034 |
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