Nonprofit · EIN 31-1534973
PENINSULA FOUNDATION INC
Tax-exempt · PENINSULA, OH 44264
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $1,191,918 | $1,134,446 | $57,472 | $4,116,855 | $88,161 | $4,028,694 |
| December 31, 2023 | 990-PF | $1,119,463 | $950,010 | $169,453 | $3,965,530 | $701,780 | $3,263,750 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $361,938
- Interest
- $28,410
- Net gain from sales of assets
- $121,816
- Other income
- $679,754
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $74,123
- Salaries, compensation and benefits (total)
- $191,627
- Disbursements for charitable purposes
- $528,131
- Excise tax on investment income
- $54
Balance sheet and other
- Total assets, start of year
- $3,965,530
- Total assets, end of year
- $4,116,855
- Total liabilities, end of year
- $88,161
- Net assets, end of year
- $4,028,694
- Fair market value of assets
- $4,224,618
- Qualifying distributions
- $631,595
- Net investment income
- $28,410
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-PF for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KAREN WALTERS 6138 RIVERVIEW RD SUITE F, PENINSULA, OH 44264 | EXECUTIVE DI | 40 | $74,123 |
| JOHN HARLEY 6138 RIVERVIEW RD SUITE F, PENINSULA, OH 44264 | SECRETARY | 2 | $0 |
| ADAM FLEDER 6138 RIVERVIEW ROAD SUITE F, PENINSULA, OH 44264 | TREASURER | 2 | $0 |
| JOHN DEBO 6138 RIVERVIEW ROAD SUITE F, PENINSULA, OH 44264 | CHAIR | 2 | $0 |
| WILLIAM DOWLING 6138 RIVERVIEW ROAD SUITE F, PENINSULA, OH 44264 | VICE CHAIR | 2 | $0 |
| JOANNE KIM 6138 RIVERVIEW ROAD SUITE F, PENINSULA, OH 44264 | TRUSTEE, RES | 1 | $0 |
| DANIEL DEANGELO 6138 RIVERVIEW ROAD SUITE F, PENINSULA, OH 44264 | TRUSTEE | 1 | $0 |
| RENAY SANDERS 6138 RIVERVIEW ROAD SUITE F, PENINSULA, OH 44264 | TRUSTEE | 1 | $0 |
| JASON KLINE 6138 RIVERVIEW ROAD SUITE F, PENINSULA, OH 44264 | TRUSTEE | 1 | $0 |
| CATHERINE TIMKO 6138 RIVERVIEW ROAD SUITE F, PENINSULA, OH 44264 | TRUSTEE | 1 | $0 |
| PAUL WELLNER 6138 RIVERVIEW ROAD SUITE F, PENINSULA, OH 44264 | TRUSTEE | 1 | $0 |
990-PF for the year ended December 31, 2023: 12 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| KAREN WALTERS 6138 RIVERVIEW RD SUITE F, PENINSULA, OH 44264 | EXECUTIVE DI | 40 | $70,611 | $19,692 |
| JOHN HARLEY 6138 RIVERVIEW RD SUITE F, PENINSULA, OH 44264 | SECRETARY | 2 | $0 | $0 |
| ADAM FLEDER 6138 RIVERVIEW ROAD SUITE F, PENINSULA, OH 44264 | TREASURER | 2 | $0 | $0 |
| JOHN DEBO 6138 RIVERVIEW ROAD SUITE F, PENINSULA, OH 44264 | CHAIR | 2 | $0 | $0 |
| WILLIAM DOWLING 6138 RIVERVIEW ROAD SUITE F, PENINSULA, OH 44264 | TRUSTEE | 1 | $0 | $0 |
| STEVE CRAIG 6138 RIVERVIEW ROAD SUITE F, PENINSULA, OH 44264 | TRUSTEE | 1 | $0 | $0 |
| JOANNE KIM 6138 RIVERVIEW ROAD SUITE F, PENINSULA, OH 44264 | TRUSTEE | 1 | $0 | $0 |
| RICHARD SLOCUM 6138 RIVERVIEW ROAD SUITE F, PENINSULA, OH 44264 | TRUSTEE | 1 | $0 | $0 |
| DANIEL DEANGELO 6138 RIVERVIEW ROAD SUITE F, PENINSULA, OH 44264 | TRUSTEE | 1 | $0 | $0 |
| RENAY SANDERS 6138 RIVERVIEW ROAD SUITE F, PENINSULA, OH 44264 | TRUSTEE | 1 | $0 | $0 |
| JASON KLEIN 6138 RIVERVIEW ROAD SUITE F, PENINSULA, OH 44264 | TRUSTEE | 1 | $0 | $0 |
| COLLEEN KIPFSTUHL 6138 RIVERVIEW ROAD SUITE F, PENINSULA, OH 44264 | TRUSTEE | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 6138 RIVERVIEW RD STE F, PENINSULA, OH 44264-9651
- In care of
- % ROBERT HUNKER
- Signed the 990-PF
- KAREN WALTERS, EXECUTIVE DIRECTOR
- Phone
- (330) 657-2528
- Return prepared by
- CRUM & COMPANY
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 31-1534973
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private operating foundation
- Donations deductible (Pub 78)
- Private operating foundation, 50% limit
- Exempt since
- 1997
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Arts, culture and humanities (A82)
- Assets (IRS master file)
- $4,116,855
- Income (IRS master file)
- $1,251,275
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | – | – | – | IRS |
| 990-PF | December 2023 | $1,119,463 | $950,010 | $3,965,530 | IRS |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 2018 | – | – | – | IRS |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS.
Questions about PENINSULA FOUNDATION INC
- What is the EIN of PENINSULA FOUNDATION INC?
- The employer identification number (EIN) of PENINSULA FOUNDATION INC is 31-1534973.
- Is PENINSULA FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1997.
- Are donations to PENINSULA FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private operating foundation, 50% limit).
- Which annual return does PENINSULA FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of PENINSULA FOUNDATION INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did PENINSULA FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2024.
- Who are the officers and directors of PENINSULA FOUNDATION INC?
- The 990-PF for the year ended December 31, 2024 lists 11 people; 1 received compensation from the organization, the highest $74,123 (KAREN WALTERS, EXECUTIVE DI).
- How much revenue does PENINSULA FOUNDATION INC have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $1,191,918, expenses of $1,134,446 and total assets of $4,116,855 at year end.
Other nonprofits in PENINSULA
- CUYAHOGA VALLEY PRESERVATION AND SCENIC RAILWAY ASSOCIATION EIN 23-7198801 · last filed 990 for 2024
- PENINSULA ART ACADEMY EIN 20-1068785 · last filed 990-EZ for 2025
- D & L SCULPTURE ARTS EIN 87-3271808 · last filed 990-N for 2025
- NEBULO HUNGARIAN LANGUAGE SCHOOL INC EIN 85-3782116 · last filed 990-N for 2025
- CONSERVANCY FOR CUYAHOGA VALLEY NATIONAL PARK EIN 34-1917257 · last filed 990 for 2025
- PENINSULA LIBRARY & HISTORICAL SOCIETY EIN 34-0892444 · last filed 990 for 2025
- CUYAHOGA FALLS LODGE 918 LOYAL ORDER OF MOOSE EIN 34-0411150 · last filed 990 for 2026
- PENINSULA LIBRARY FOUNDATION EIN 34-1751216 · last filed 990 for 2023
All nonprofits in PENINSULA · Ohio · Arts, culture and humanities