Total revenues were $36M - of which $31M was contributions.
Total expenses were $24M.
All other information is good. Sorry.
Bob
Robert L. Willey
Asst. Finance Director
Dorchester County Government
410-228-7291
fax 410-221-5108
From: Robert Willey
Sent: Thursday, August 14, 2014 9:40 AM
To: (C) Tom Bradshaw
Cc: Michael Spears
Subject: Ches Bay Found
Latest return on file is for June 30, 2012 – filed on 5-6-13.
Key items:
Total revenues = $22M [most is contributions
Total expenses = $27M [grants = $4M + salaries = $13M]
Amount actually spent on programs [for which they were granted their tax exemption] = $18M
Net fund balances = $78M of which $8.5M is in cash [$4.6M is in Central America and the Caribbean]
The four corporate officers had combined compensation of $636,000. The 5 VPs of specific divisions make another $724,000.
I have placed this information and copies of a few pages from their return in your mailbox.
Bob
Robert L. Willey
Asst. Finance Director
Dorchester County Government
410-228-7291
fax 410-221-5108
6 comments:
That organization is danger to the Eastern Shore.
Imagine that, a corrupt "non profit".
And they want to interview local candidates in a forum. The candidates would be fools to attend their forum.
And each county has to "join" for $25,000.
They are a scam, that I have been warning those who will listen, about.
they must go, and Wicomico County should no longer support these people.
They party with the elites with that money that's all.
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