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
That organization is danger to the Eastern Shore.
ReplyDeleteImagine that, a corrupt "non profit".
ReplyDeleteAnd they want to interview local candidates in a forum. The candidates would be fools to attend their forum.
ReplyDeleteAnd each county has to "join" for $25,000.
ReplyDeleteThey 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.
ReplyDeleteThey party with the elites with that money that's all.
ReplyDelete