Cg Vi Family Foundation Inc
- Assets
- $296.0k
- Revenue
- $100.3k
- Investments
- $263.6k
- Employees
- 0
- Location
- Hope, ID
- Founding
- Data as of
- 12/2021
- EIN
- 85-1261926
Organization Overview
Cg Vi Family Foundation Inc is located in Hope, ID. According to its NTEE Classification (W30) the organization is classified as: Military & Veterans Organizations, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cg VI Family Foundation Inc 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, Cg VI Family Foundation Inc generated $100.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (35.2%) each year. All expenses for the organization totaled $18.3k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jack Craemer President | 5 | $0 | |
Justus T Craemer Vice President | 5 | $0 | |
Marcella Ray Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $50,764 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $47,161 |
| Capital Gain Net Income | $47,161 |
| Net ST Capital Gain | $47,161 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $2,343 |
| Total Revenue | $100,268 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $250 |
| Contributions, gifts, grants paid | $18,000 |
| Total expenses and disbursements | $18,250 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $32,397 |
| 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 | $0 |
| Other assets | $0 |
| Total assets | $295,971 |
| Accounts payable and accrued expenses | $0 |
| 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 | $1 |
| Total liabilities | $1 |
Grants Awarded
Over the last fiscal year, Cg Vi Family Foundation Inc has awarded $18,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
Sandpoint, ID PURPOSE: PROVIDE OPERATING FUNDS FOR GOAL OF ORGANIZATION. | $7,000 |
Clark Fork, ID PURPOSE: PROVIDE OPERATING FUNDS FOR GOAL OF ORGANIZATION. | $5,000 |
Ponderay, ID PURPOSE: PROVIDE OPERATING FUNDS FOR GOAL OF ORGANIZATION. | $4,000 |
Sandpoint, ID PURPOSE: PROVIDE OPERATING FUNDS FOR GOAL OF ORGANIZATION. | $2,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The American Legion Lacey, WA | $2,218,551 | $1,767,008 |
Veterans Of Foreign Wars Of The United States Dept Of Washington Fife, WA | $2,208,423 | $1,076,426 |
Department Of Montana Veterans Of Foreign Wars Of The United States Whitefish, MT | $302,149 | $1,134,597 |
Big Sky Bravery Foundation Bozeman, MT | $1,728,012 | $2,494,375 |
Clark County Veterans Assistance Center Vancouver, WA | $366,662 | $1,091,448 |
Legion Oasis Butte, MT | $1,796,727 | $1,100,949 |
United States Submarine Veterans Inc Silverdale, WA | $2,673,894 | $953,202 |
Operation Rebuild Hope North Bend, OR | $698,102 | $1,224,864 |
Rocky Boy Veterans Center Box Elder, MT | $339,464 | $950,502 |
Redemption And Recovery Foundation Torrey, UT | $1,466,642 | $0 |
Department Of Montana Veterans Of Foreign Wars Of The United States Kalispell, MT | $1,139,558 | $837,996 |
American Legion Vancouver, WA | $1,528,403 | $594,912 |