Heartland Bank Community Foundation is located in Whitehall, OH. The organization was established in 2020. According to its NTEE Classification (P12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Heartland Bank Community 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, Heartland Bank Community Foundation generated $196.2k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 61.7% each year . All expenses for the organization totaled $87.2k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
CONTRIBUTIONS TO ORGANIZATIONS THAT QUALIFY AS EXEMPT ORGANIZATIONS TO FUND WIDESPREAD COMMUNITY IMPACT PROGRAMS WHICH IMPROVE QUALITY OF LIFE IN THE STATE OF OHIO.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION MAKES CONTRIBUTIONS TO ORGANIZATIONS THAT QUALIFY AS EXEMPT ORGANIZATIONS UNDER SECTION 501(C)(3) TO FUND WIDESPREAD COMMUNITY IMPACT PROGRAMS AND PROJECTS WHICH IMPROVE QUALITY OF LIFE THROUGHOUT THE STATE OF OHIO.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Bill Dodson President | OfficerTrustee | 0.25 | $0 |
Hinda Mitchell Secretary | OfficerTrustee | 0.5 | $0 |
Bob Clark Treasurer | OfficerTrustee | 0.5 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $48,331 |
Related organizations | $69,310 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $78,536 |
Noncash contributions included in lines 1a–1f | $15,015 |
Total Revenue from Contributions, Gifts, Grants & Similar | $196,177 |
Total Program Service Revenue | $0 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $196,177 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $82,823 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
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 | $0 |
Fees for services: Legal | $1,344 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
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 | $0 |
All other expenses | $3,072 |
Total functional expenses | $87,239 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $185,762 |
Savings and temporary cash investments | $0 |
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 | $15,015 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $200,777 |
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 | $200,777 |
Net assets with donor restrictions | $0 |
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 | $200,777 |
Over the last fiscal year, Heartland Bank Community Foundation has awarded $26,323 in support to 3 organizations.
Grant Recipient | Amount |
---|---|
Newark, OH PURPOSE: GENERAL NEEDS | $10,000 |
Columbus, OH PURPOSE: GENERAL NEEDS | $8,823 |
Newark, OH PURPOSE: MARY E BABCOCK LIBRARY | $7,500 |
Organization Name | Assets | Revenue |
---|---|---|
Shear Family Foundation Inc Pittsburgh, PA | $193,925,105 | $4,615,784 |
Veterans Of Foreign Wars Of Ohio Charities Columbus, OH | $6,551,466 | $8,213,931 |
Rite Aid Healthy Futures Camp Hill, PA | $33,191,715 | $15,687,011 |
Alleghenies United Cerebral Palsy Johnstown, PA | $2,752,154 | $5,551,260 |
1889 Foundation Inc Johnstown, PA | $14,509,819 | $2,616,006 |
Christian Family Services Management Corporation New Wilmington, PA | $80,504,309 | $10,725,509 |
Methodist Home For Children Resources Philadelphia, PA | $3,677,128 | $2,957,972 |
Asias Hope Columbus, OH | $3,429,786 | $3,149,980 |
The Michigan Womens Foundation Detroit, MI | $9,039,514 | $2,557,642 |
Voice Of Judah Israel Inc Fort Wayne, IN | $1,559,331 | $3,178,865 |
Bethany Childrens Home Inc Womelsdorf, PA | $29,165,168 | $5,769,357 |
Cornerstone Of Hope Inc Paducah, KY | $781,400 | $2,454,747 |