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Penick Village Foundation Inc

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Housing, Shelter / Single Organization Support (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$409k (2024)

Expenses
$910k (2024)

Total Assets
$3.19M (2024)

Total Liabilities
$357k (2024)

Source: Form 990 tax filings from 2011 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Sept.
2024

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$409,111
Expenses
$909,616
Net Income
-$500,505
Net Assets
$2,836,533
Notable Sources of Revenue Percent of Total Revenue
Contributions $324,795
79.4%
Program Services $0
Investment Income $67,303
16.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising -$1,306
Sales of Assets $18,319
4.5%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $3,193,712
Total Liabilities $357,179
Net Assets $2,836,533
Compensation
Key Employees and Officers Compensation Related Other
Jim Heisey (President) $0 $0 $0
Jim Davis (Vice President) $0 $0 $0
Bob Darst (Treasurer) $0 $0 $0
Adair Woronoff (Secretary) $0 $0 $0
Hugh Bingham (Trustee) $0 $0 $0
Kelly Chandley (Trustee) $0 $0 $0
Janice Dixon (Trustee) $0 $0 $0
Dr Nancy Ellis (Trustee) $0 $0 $0
Karyn Kline (Trustee) $0 $0 $0
Patty Pottle (Trustee) $0 $0 $0
Dr Jim Tart (Trustee) $0 $0 $0
Lane West (Trustee) $0 $0 $0
Micah Niebauer (Trustee) $0 $0 $0
Joanne Davis (Trustee) $0 $0 $0
Alva Cromartie (Ceo) $0 $282,900 $37,613
Terry Kees (Cfo Retired (2/28/2024)) $0 $224,853 $13,995
Christopher Mooney (Cfo (As Of 3/1/24)) $0 $118,614 $18,885

Document Links

Fiscal Year Ending Sept.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,792,416
Expenses
$761,434
Net Income
$1,030,982
Net Assets
$2,853,682
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,511,604
84.3%
Program Services $0
Investment Income $73,042
4.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising -$37,725
Sales of Assets $245,495
13.7%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $3,162,560
Total Liabilities $308,878
Net Assets $2,853,682
Compensation
Key Employees and Officers Compensation Related Other
Janice Dixon (Board Member) $0 $0 $0
Jim Davis (Vice President) $0 $0 $0
Patty Pottle (Board Member) $0 $0 $0
Hugh Bingham (Board Member) $0 $0 $0
Susanna Loh (Board Member) $0 $0 $0
Kelly Chandley (Board Member) $0 $0 $0
Bob Darst (Treasurer) $0 $0 $0
Jim Heisey (President) $0 $0 $0
Barbara Holderby (Board Member) $0 $0 $0
Adair Woronoff (Secretary) $0 $0 $0
Lane West (Board Member) $0 $0 $0
Micah Niebauer (Board Member) $0 $0 $0
Lynne Healy (Board Member) $0 $0 $0
John Frizzell (Board Member) $0 $0 $0
Alva Cromartie (Ceo) $0 $231,660 $39,215
Terry Kees (Cfo) $0 $205,137 $16,858
Caroline Eddy (Cdo) $0 $125,042 $13,756

Document Links

Fiscal Year Ending Sept.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$733,887
Expenses
$713,449
Net Income
$20,438
Net Assets
$1,685,845
Notable Sources of Revenue Percent of Total Revenue
Contributions $686,471
93.5%
Program Services $0
Investment Income $97,632
13.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising -$56,199
Sales of Assets $5,983
0.8%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,996,780
Total Liabilities $310,935
Net Assets $1,685,845
Compensation
Key Employees and Officers Compensation Related Other
Kay Bozarth (Board Member) $0 $0 $0
Jim Davis (Board Member) $0 $0 $0
Patty Pottle (Board Member) $0 $0 $0
Hugh Bingham (Board Member) $0 $0 $0
John Earp (Vice President) $0 $0 $0
Susanna Kiluk (Board Member) $0 $0 $0
Kelly Chandley (Board Member) $0 $0 $0
Bob Darst (Treasurer) $0 $0 $0
Janice Dixon (Board Member) $0 $0 $0
Jim Heisey (President) $0 $0 $0
Barbara Holderby (Board Member) $0 $0 $0
Adair Woronoff (Secretary) $0 $0 $0
Lane West (Board Member) $0 $0 $0
Micah Niebauer (Board Member) $0 $0 $0
Lynne Healy (Board Member) $0 $0 $0
John Frizzell (Board Member) $0 $0 $0
Alva Cromartie (Ceo) $0 $64,363 $10,198
Terry Kees (Cfo) $0 $185,621 $8,078
Caroline Eddy (Cdo) $0 $94,244 $0
Jeffrey I Hutchins (Former Ceo) $0 $113,514 $2,262

Document Links

Fiscal Year Ending Sept.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$528,200
Expenses
$344,333
Net Income
$183,867
Net Assets
$2,161,456
Notable Sources of Revenue Percent of Total Revenue
Contributions $433,109
82.0%
Program Services $0
Investment Income $42,469
8.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising -$35,405
Sales of Assets $88,027
16.7%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $2,472,410
Total Liabilities $310,954
Net Assets $2,161,456
Compensation
Key Employees and Officers Compensation Related Other
Kay Bozarth (Board Member) $0 $0 $0
Jim Davis (Board Member) $0 $0 $0
Patty Pottle (Board Member) $0 $0 $0
Hugh Bingham (Board Member) $0 $0 $0
John Earp (Vice President) $0 $0 $0
Susanna Kiluk (Board Member) $0 $0 $0
Kelly Chandley (Board Member) $0 $0 $0
Bob Darst (Treasurer) $0 $0 $0
Janice Dixon (Board Member) $0 $0 $0
Jim Heisey (President) $0 $0 $0
Barbara Holderby (Board Member) $0 $0 $0
Adair Woronoff (Secretary) $0 $0 $0
Lane West (Board Member) $0 $0 $0
Micah Niebauer (Board Member) $0 $0 $0
Lynne Healy (Board Member) $0 $0 $0
John Frizzell (Board Member) $0 $0 $0
Alva Cromartie (Ceo) $0 $0 $0
Jeffrey I Hutchins (Ceo (Former)) $0 $233,106 $55,337
Terry Kees (Cfo) $0 $180,887 $8,950
Caroline Eddy (Cdo) $0 $116,759 $30,475

Document Links

Fiscal Year Ending Sept.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$470,075
Expenses
$344,665
Net Income
$125,410
Net Assets
$1,777,072
Notable Sources of Revenue Percent of Total Revenue
Contributions $507,181
> 100%
Program Services $0
Investment Income $38,184
8.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising -$56,530
Sales of Assets -$18,760
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $2,044,527
Total Liabilities $267,455
Net Assets $1,777,072
Compensation
Key Employees and Officers Compensation Related Other
Jim Heisey (President) $0 $0 $0
Barbara Holderby (Board Member) $0 $0 $0
Adair Woronoff (Board Member) $0 $0 $0
Kay Bozarth (Board Member) $0 $0 $0
Lane West (Board Member) $0 $0 $0
Jim Davis (Board Member) $0 $0 $0
Pat Auch (Board Member) $0 $0 $0
Elizabeth Oettinger (Board Member) $0 $0 $0
Hugh Bingham (Board Member) $0 $0 $0
Keri Van Scoyoc (Board Member) $0 $0 $0
John Earp (Board Member) $0 $0 $0
Bob Darst (Treasurer) $0 $0 $0
Janice Dixon (Board Member) $0 $0 $0
Jeffrey I Hutchins (Chief Executive Officer) $0 $221,204 $42,766
Terry Kees (Chief Financial Officer) $0 $181,480 $0

Document Links

Fiscal Year Ending Sept.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$743,130
Expenses
$672,772
Net Income
$70,358
Net Assets
$1,526,883
Notable Sources of Revenue Percent of Total Revenue
Contributions $755,170
> 100%
Program Services $0
Investment Income $43,074
5.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising -$23,337
Sales of Assets -$31,777
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,836,590
Total Liabilities $309,707
Net Assets $1,526,883
Compensation
Key Employees and Officers Compensation Related Other
Jim Heisey (President) $0 $0 $0
Barbara Holderby (Board Member) $0 $0 $0
Adair Woronoff (Board Member) $0 $0 $0
Kay Bozarth (Board Member) $0 $0 $0
Jim Sloan (Board Member) $0 $0 $0
Lydia Gill (Secretary) $0 $0 $0
Pat Auch (Board Member) $0 $0 $0
Elizabeth Oettinger (Board Member) $0 $0 $0
Hugh Bingham (Board Member) $0 $0 $0
Keri Van Scoyoc (Board Member) $0 $0 $0
John Earp (Board Member) $0 $0 $0
Bob Darst (Board Member) $0 $0 $0
Janice Dixon (Board Member) $0 $0 $0
Jeffrey I Hutchins (Chief Executive Officer) $0 $190,177 $3,804
Terry Kees (Chief Financial Officer) $0 $186,582 $0

Document Links

Fiscal Year Ending Sept.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$860,013
Expenses
$722,969
Net Income
$137,044
Net Assets
$1,422,418
Notable Sources of Revenue Percent of Total Revenue
Contributions $773,800
90.0%
Program Services $0
Investment Income $46,191
5.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising -$35,939
Sales of Assets $75,961
8.8%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,678,072
Total Liabilities $255,654
Net Assets $1,422,418
Compensation
Key Employees and Officers Compensation Related Other
Barbara Holderby (Board Member) $0 $0 $0
David Woronoff (Board Member) $0 $0 $0
Kay Bozarth (Board Member) $0 $0 $0
Jim Sloan (Board Member) $0 $0 $0
Pat Auch (Board Member) $0 $0 $0
Elizabeth Oettinger (Board Member) $0 $0 $0
Hugh Bingham (Board Member) $0 $0 $0
Keri Van Scoyoc (Board Member) $0 $0 $0
John Earp (Board Member) $0 $0 $0
Jim Heisey (President) $0 $0 $0
Lydia Gill (Secretary) $0 $0 $0
Jeffrey I Hutchins (Chief Executive Officer) $0 $172,480 $0
Terry Kees (Chief Financial Officer) $0 $212,332 $0

Document Links

Fiscal Year Ending Sept.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$485,109
Expenses
$422,746
Net Income
$62,363
Net Assets
$1,285,374
Notable Sources of Revenue Percent of Total Revenue
Contributions $424,275
87.5%
Program Services $0
Investment Income $39,193
8.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising -$11,207
Sales of Assets $32,848
6.8%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,594,769
Total Liabilities $309,395
Net Assets $1,285,374
Compensation
Key Employees and Officers Compensation Related Other
Chalk Broughton (Board Member) $0 $0 $0
William Eastman (Board Member) $0 $0 $0
Michele Kaiser (President) $0 $0 $0
Edie Mcwilliams (Secretary) $0 $0 $0
Ed F Soccorso Iii (Treasurer) $0 $0 $0
Rollin Shaw (Board Member) $0 $0 $0
Kay Bozarth (Board Member) $0 $0 $0
Bob Darst (Board Member) $0 $0 $0
Lydia Gill (Vice President) $0 $0 $0
Cynthia Norwood (Board Member) $0 $0 $0
Elizabeth Oettinger (Board Member) $0 $0 $0
Shirley Vaughan (Board Member) $0 $0 $0
Barbara H Olderby (Board Member) $0 $0 $0
James H Heisey (Board Member) $0 $0 $0
Ann Holmes (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$716,935
Expenses
$435,981
Net Income
$280,954
Net Assets
$1,152,945
Notable Sources of Revenue Percent of Total Revenue
Contributions $498,537
69.5%
Program Services $0
Investment Income $19,127
2.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising -$11,322
Sales of Assets $210,593
29.4%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,509,257
Total Liabilities $356,312
Net Assets $1,152,945
Compensation
Key Employees and Officers Compensation Related Other
Carol Haney (Board Member) $0 $0 $0
Stephanie Hillard (Board Member) $0 $0 $0
Joanne Kilpatrick (Board Member) $0 $0 $0
Gary A Krasicky Md (Board Member) $0 $0 $0
Rev Dr Samuel Walker (Board Member) $0 $0 $0
Joan Williams (Board Member) $0 $0 $0
Chalk Broughton (Board Member) $0 $0 $0
William Eastman (Board Member) $0 $0 $0
Michele Kaiser (President) $0 $0 $0
Edie Mcwilliams (Secretary) $0 $0 $0
Ed F Soccorso Iii (Treasurer) $0 $0 $0
Keith Junk (Board Member) $0 $0 $0
Kay Bozarth (Board Member) $0 $0 $0
Bob Darst (Board Member) $0 $0 $0
Lydia Gill (Vice President) $0 $0 $0
Cynthia Norwood (Board Member) $0 $0 $0
Elizabeth Oettinger (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$552,080
Expenses
$239,139
Net Income
$312,941
Net Assets
$1,002,923
Notable Sources of Revenue Percent of Total Revenue
Contributions $522,200
94.6%
Program Services $0
Investment Income $21,512
3.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising -$101,263
Sales of Assets $109,631
19.9%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,241,039
Total Liabilities $238,116
Net Assets $1,002,923
Compensation
Key Employees and Officers Compensation Related Other
Mary Ann Halstead (Board Member) $0 $0 $0
Elizabeth Norfleet Sugg (Board Member) $0 $0 $0
Lynne Healy (Board Member) $0 $0 $0
Madeleine Katavolos (Board Member) $0 $0 $0
Jane Lewis (Board Member) $0 $0 $0
Rollin Shaw (Board Member) $0 $0 $0
Mary Ann Yakel (Board Member) $0 $0 $0
Carol Haney (Secretary) $0 $0 $0
Stephanie Hillard (Board Member) $0 $0 $0
Joanne Kilpatrick (Vice President) $0 $0 $0
Gary A Krasicky Md (Treasurer) $0 $0 $0
Rev Dr Samuel Walker (President) $0 $0 $0
Joan Williams (Board Member) $0 $0 $0
Chalk Broughton (Board Member) $0 $0 $0
William Eastman (Board Member) $0 $0 $0
Michele Kaiser (Board Member) $0 $0 $0
Edie Mcwilliams (Board Member) $0 $0 $0
Ed F Soccorso Iii (Board Member) $0 $0 $0
Keith Junk (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$586,400
Expenses
$376,289
Net Income
$210,111
Net Assets
$841,651
Notable Sources of Revenue Percent of Total Revenue
Contributions $472,340
80.5%
Program Services $0
Investment Income $20,800
3.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $97,411
16.6%
Sales of Assets -$4,151
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,038,951
Total Liabilities $197,300
Net Assets $841,651
Compensation
Key Employees and Officers Compensation Related Other
Evelyn Dempsey (Secretary) $0 $0 $0
Mary Ann Halstead (Board Member) $0 $0 $0
Aaron Landry (Board Member) $0 $0 $0
Margaret Page (Board Member) $0 $0 $0
William Pate (Board Member) $0 $0 $0
Elizabeth Norfleet Sugg (Board Member) $0 $0 $0
Lynne Healy (Board Member) $0 $0 $0
Madeleine Katavolos (Board Member) $0 $0 $0
Jane Lewis (Board Member) $0 $0 $0
Rollis Shaw (Board Member) $0 $0 $0
Mary Ann Yakel (Board Member) $0 $0 $0
Carol Haney (Board Member) $0 $0 $0
Stephanie Hillard (Board Member) $0 $0 $0
Joanne Kilpatrick (Board Member) $0 $0 $0
Gary A Krasicky Md (Board Member) $0 $0 $0
Rev Dr Samuel Walker (Board Member) $0 $0 $0
Joan Williams (Board Member) $0 $0 $0
Elizabeth Norfleet Sugg (Board Member) $0 $0 $0
Ann Taws (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$344,593
Expenses
$299,974
Net Income
$44,619
Net Assets
$582,825
Notable Sources of Revenue Percent of Total Revenue
Contributions $324,441
94.2%
Program Services $0
Investment Income $17,698
5.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $2,883
0.8%
Sales of Assets -$429
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $712,298
Total Liabilities $129,473
Net Assets $582,825

Document Links

Fiscal Year Ending Sept.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$552,721
Expenses
$542,390
Net Income
$10,331
Net Assets
$506,048
Notable Sources of Revenue Percent of Total Revenue
Contributions $544,597
98.5%
Program Services $0
Investment Income $8,124
1.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $610,593
Total Liabilities $104,545
Net Assets $506,048

Document Links

Fiscal Year Ending Sept.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$276,943
Expenses
$276,447
Net Income
$496
Net Assets
$491,800
Notable Sources of Revenue Percent of Total Revenue
Contributions $268,793
97.1%
Program Services $0
Investment Income $8,150
2.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $598,759
Total Liabilities $106,959
Net Assets $491,800

Document Links

Fiscal Year Ending Sept.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Sept.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Sept.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Sept.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Sept.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

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Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

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Types of Nonprofits

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