Village Community Foundation Inc
- Assets
- $87.1k
- Revenue
- $421.5k
- Investments
- $0.0
- Employees
- 3
- Location
- Stamford, CT
- Founding
- Data as of
- 12/2023
- EIN
- 87-3500799
Organization Overview
Village Community Foundation Inc is located in Stamford, CT. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2023, Village Community Foundation Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Village Community 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE VILLAGE COMMUNITY FOUNDATION CREATES ACCESS AND OPPORTUNITY FOR EMERGING, UNDERREPRESENTED TALENT IN THE WORLDS OF CULTURE, ENTERTAINMENT, SPORTS, AND FINANCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN ITS INAUGURAL PROGRAM YEAR, THE VILLAGE COMMUNITY FOUNDATION'S CAREER DISCOVERY PROGRAM REACHED 164 (NOW 381) PARTICIPANTS. ON A 0-10 SCALE, STUDENTS RATED THE PROGRAM QUALITY AS 9.59 ON AVERAGEWITH 30-60% INCREASES IN SCORES RELATED TO CONFIDENCE, UNDERSTANDING, AND PREPAREDNESS TO ENTER THEIR CHOSEN INDUSTRY. PARTICIPANTS SPENT A COMBINED 328 HOURS IN CAREER DISCOVERY PROGRAMMING, WITH AN INDUSTRY EXECUTIVE PRESENT FOR EVERY HOUR. THE KITCHEN INCUBATOR PROGRAM'S PARTICIPATING CHEFS SPENT OVER 180 (NOW 475) HOURS IN KITCHEN AND BUSINESS PLANNING SESSIONS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jonathan Winkel President | Officer | 40 | $183,462 |
Brent Montgomery Director | Trustee | 1 | $0 |
Courtney Napurano Director | Trustee | 1 | $0 |
Robert Lia Director | 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 | $421,514 |
| Noncash contributions included in lines 1a–1f | $35,311 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $421,514 |
| 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 | $421,514 |
| 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. | $183,462 |
| Compensation of current officers, directors, key employees. | $44,692 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,976 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $142 |
| Payroll taxes | $14,218 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $31,424 |
| Advertising and promotion | $2,047 |
| Office expenses | $1,082 |
| Information technology | $4,027 |
| Royalties | $0 |
| Occupancy | $15,000 |
| Travel | $2,223 |
| 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 | $143 |
| Insurance | $987 |
| All other expenses | $0 |
| Total functional expenses | $387,362 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $66,692 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $15,770 |
| 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 | $2,204 |
| Net Land, buildings, and equipment | $2,429 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $87,095 |
| Accounts payable and accrued expenses | $52,943 |
| 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 | $52,943 |
| Net assets without donor restrictions | $34,152 |
| 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 | $87,095 |