NonprofitsKovar Corporation

Human Services

Kovar Corporation

ROANOKE, VA

Total revenue

$724K

Total expenses

$801K

Net assets

$2.6M

Grants received

$169K

24 grants

EIN

237337216

Tax year

2023

Mission

To provide financial assistance through grants and loans to charitable organizations that provide training and assistance to citizens with intellectual disabilities in the commonwealth of virginia

Financials

FY 2023

Revenue

Contributions & grants$623K
Program service revenue$38K
Investment income$62K
Other revenue$1K
Total revenue$724K

Expenses

Grants paid$553K
Salaries & benefits
Fundraising$34K
Other expenses$237K
Total expenses$801K
Total assets$2.7M
Net assets$2.6M

People

15 listed

NameRoleCompensation

EDWARD S WHITLOCK III

PRESIDENT

Board

10 hrs/wk

RICK WITTY

VP - AUDITS

Board

5 hrs/wk

VANCE F STEWART III

VP - FINANCE

Board

10 hrs/wk

FRANCIS HOLLAND

VP - FUNDRAI

Board

10 hrs/wk

MATTHEW WHEELER

VP - GRANTS

Board

5 hrs/wk

MICHAEL SZABLAK

VP - HOME LO

Board

5 hrs/wk

JAY HOFFMEIER

VP - INFO TE

Board

4 hrs/wk

BRIAN RIPPLE

TREASURER

Board

7 hrs/wk

G MICHAEL CARDUCCI

SECRETARY

Board

4 hrs/wk

JOHN COCHRAN

MEMBER

Board

3 hrs/wk

J CHARLES CURRAN

MEMBER

Board

3 hrs/wk

DAN DOYLE

MEMBER

Board

3 hrs/wk

KEVIN PARRY

MEMBER

Board

3 hrs/wk

TIMOTHY SHEA

MEMBER

Board

3 hrs/wk

TIMOTHY MINNICH

MEMBER

Board

3 hrs/wk

Grants received

Showing 24 of 24

FromAmountPurposeYear
$50K
SUPPORT PURCHASE OF GROUP HOME RESIDENCE
2024
$5K
GENERAL SUPPORT
2024
$5K
GENERAL CHARITABLE PURPOSES
2024
$12K
GENERAL PURPOSES
2023
$5K
For grant recipient's exempt purposes
2023
$5K
OPERATIONS
2023
$5K
GENERAL SUPPORT
2023
$5K
GENERAL CHARITABLE PURPOSES
2023
$3K
General Support
2023
$17K
GENERAL PURPOSES
2022
$5K
For grant recipient's exempt purposes
2022
$5K
GENERAL CHARITABLE PURPOSES
2022
$25
UNRESTRICTED SUPPORT
2022
$5K
OPERATIONS
2021
$75
UNRESTRICTED SUPPORT
2021
$6K
For grant recipient's exempt purposes
2020
$827
MATCHING GIFTS
2020
$50
UNRESTRICTED SUPPORT
2020
$50
MIP PAYOUT FOR 02/10/20
2020
$25
UNRESTRICTED SUPPORT
2019

Funded by

$169K from 13 funders · 24 grants · 2017–2024

The Mary Morton Parsons Foundation

$50K · 1 grant · 2024

The Community Foundation Inc

$29K · 2 grants · 2022–2023

Mt Vernon Columbus Club Inc

$27K · 2 grants · 2019–2021

Fidelity Investments Charitable Gift Fund

$17K · 3 grants · 2020–2023

The Neall Family Charitable Foundation

$15K · 3 grants · 2022–2024

The Mulholland Foundation

$10K · 2 grants · 2023–2024

Gabriel Homes Foundation

$10K · 2 grants · 2021–2023

Details

EIN237337216
NTEE codeP82J
Subsection03
Ruling date1983-04
Formed1971
Employees0
Volunteers1250
KOVAR CORPORATION — Mission, Financials & Grants Received | Grantivo