The 1982 Foundation
- Assets
- $1.1m
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 0
- Location
- Grantsville, WV
- Founding
- Data as of
- 12/2021
- EIN
- 87-2345102
Organization Overview
The 1982 Foundation is located in Grantsville, WV. 1982 Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE 1982 FOUNDATION WAS CREATED WITH ITS SOLE MISSION OF CONVERTING THE OLD CALHOUN COUNTY HIGH SCHOOL INTO THE CALHOUN COUNTY COMMUNITY CENTER TO PROVIDE RECREATIONAL ACTIVITIES AND COMMUNITY SUPPORT TO THE CHILDREN AND RESIDENTS OF CALHOUN COUNTY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE SUPPORT FOR A COMMUNITY AND RECREATION CENTER FOR THE RESIDENTS OF CALHOUN COUNTY.
TO PROVIDE THE YOUTH OF CALHOUN COUNTY WITH ATHLETIC EQUIPMENT TO ENHANCE OUTDOOR ACTIVITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robin Mersch Vice Preside | OfficerTrustee | 1 | $0 |
Crystal Mersh President/bo | OfficerTrustee | 4 | $0 |
Teresa Overton Treasurer/ B | OfficerTrustee | 4 | $0 |
Aaron Spaur Secretary | Officer | 1 | $0 |
Roger Carter Board Of Adv | Trustee | 1 | $0 |
Paul Goodrich Board Of Adv | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,174,037 |
| Noncash contributions included in lines 1a–1f | $40,000 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,174,037 |
| Total Program Service Revenue | $0 |
| Investment income | $13 |
| 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 | $1,174,050 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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 | $5,008 |
| 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 | $817 |
| Office expenses | $54 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,449 |
| 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 | $18,504 |
| All other expenses | $40,000 |
| Total functional expenses | $65,832 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $539,622 |
| Savings and temporary cash investments | $134,049 |
| 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 | $434,547 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,108,218 |
| 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 | $1,108,218 |
| 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 | $1,108,218 |
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