Civic Intelligence

Verland Endowment

990 • Fiscal year 2021 • EIN 25-1440467

Jul 01, 2020 to Jun 30, 2021 • Filed on May 04, 2022

212 Iris RoadSewickley, PA 15143

(412) 741-2375

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

5th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Liabilities / Revenue

5th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Net Margin

94th percentile

75%

Higher net margin than 94% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Top Officer Pay

79th percentile

$292,454

Higher top officer pay than 79% of similar nonprofits.

Top officer pay equals 10.4% of source-year revenue.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Asset Growth

61st percentile

15%

Faster asset growth than 61% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2020 to 2021

Revenue Growth

99th percentile

810%

Faster revenue growth than 99% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2020 to 2021

Assets

Up

$17,237,441

Up $2,189,087 (+15%) from 2020

Net Assets

Up

$17,237,441

Up $2,189,087 (+15%) from 2020

Liabilities

Flat

$0

Flat from 2020

Revenue

Up

$2,812,096

Up $2,503,067 (+810%) from 2020

Expenses

Up

$700,503

Up $85,039 (+14%) from 2020

Net Income

Up

$2,111,593

Up $2,418,028 (+789%) from 2020

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$20M$15M$10M$5.0M$0Assets 2017: $11,799,841Liabilities 2017: $0Net Assets 2017: $11,799,8412017Assets 2018: $13,546,373Liabilities 2018: $0Net Assets 2018: $13,546,3732018Assets 2019: $14,407,196Liabilities 2019: $0Net Assets 2019: $14,407,1962019Assets 2020: $15,048,354Liabilities 2020: $0Net Assets 2020: $15,048,3542020Assets 2021: $17,237,441Liabilities 2021: $0Net Assets 2021: $17,237,4412021Assets 2022: $14,633,834Liabilities 2022: $0Net Assets 2022: $14,633,8342022Assets 2023: $15,593,125Liabilities 2023: $15Net Assets 2023: $15,593,1102023Assets 2024: $17,339,594Liabilities 2024: $22,515Net Assets 2024: $17,317,0792024

Highlighted filing

2021

Assets$17,237,441
Liabilities$0
Net Assets$17,237,441

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2017: $1,128,985Expenses 2017: $553,234Net Income 2017: $575,7512017Revenue 2018: $2,635,842Expenses 2018: $691,552Net Income 2018: $1,944,2902018Revenue 2019: $1,039,132Expenses 2019: $582,015Net Income 2019: $457,1172019Revenue 2020: $309,029Expenses 2020: $615,464Net Income 2020: -$306,4352020Revenue 2021: $2,812,096Expenses 2021: $700,503Net Income 2021: $2,111,5932021Revenue 2022: $723,074Expenses 2022: $658,159Net Income 2022: $64,9152022Revenue 2023: $655,827Expenses 2023: $669,618Net Income 2023: -$13,7912023Revenue 2024: $321,325Expenses 2024: $812,465Net Income 2024: -$491,1402024

Highlighted filing

2021

Revenue$2,812,096
Expenses$700,503
Net Income$2,111,593
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
May 4, 2022
Return Version
2020v4.2
Gross Receipts
$2,812,096
Mission and Program Overview

Mission

Verland Endowment provides support to members of the Verland System by soliciting, maintaining and investing an endowment fund of funds to be used for the general financial system, including the making of capital contributions, grants and loans for the purpose of maintenance of facilities.

Verland endowment provides support to the verland system by soliciting, maintaining and investing an endowment fund of funds to be used to make capital contributions, grants and loans for facility maintenance.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$13,915,839$16,668,354▲ $2,752,515
Investments Other Securities$391,975$381,381▼ $10,594
Cash and Non-Interest-Bearing Accounts$653,471$96,227▼ $557,244
Total Assets$15,048,354$17,237,441▲ $2,189,087
Other Assets Total$87,069$91,479▲ $4,410
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets With Donor Restrictions$11,882,420$14,153,643▲ $2,271,223
Net Assets Without Donor Restrictions$3,165,934$3,083,798▼ $82,136
Total Net Assets Fund Balance$15,048,354$17,237,441▲ $2,189,087
Total Liabilities and Net Assets / Fund Balance$15,048,354$17,237,441▲ $2,189,087

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2020$15,048,355$58,148▲ $2,831,443$616,000$17,237,441
2019$14,407,196$44,559▲ $1,212,064$542,982$15,048,355
2018$13,546,373$72,719▲ $1,370,119$513,734$14,407,196
2017$11,799,841$1,025,000▲ $1,404,211$618,286$13,546,373
2016$10,730,191-▲ $1,622,884$495,746$11,799,841
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Catherine BogatsCFOPT$47,924$47,924

Board Members and Trustees

NameTitle
DANIEL O'MALLEYChairperson
William F HarrigerPresident CEO
Jon M ThomasVice Chairperson
Colleen PietrusinskiDirector
Elizabeth BilodeauDirector
Raymond HuberDirector
Robert DevlinDirector
Robert GaertnerDirector
Carol B MitchellDeputy CEO
Paul B LongSecretary
David P DusselTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$58,148
Program Service Revenue
$0
Investment Income
$2,753,948
Other Revenue
$0
All Other Contributions
$58,148
Change in Net Assets
$2,111,593
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$616,000
Other Expenses$84,503
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$616,000--$616,000
Fees for Service Investment Mgmnt Fees-$84,503-$84,503
Total Functional Expenses$616,000$84,503$0$700,503
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Verland ClaSewickley, PA501c3Operating Costs$616,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

Verland (25-1440761) is the sole member of verland endowment.

Form 990, Part VI, Section A, Line 7A

Verland (25-1440761) is the parent and sole member and appoints the governing body.

Form 990, Part VI, Section B, Line 11B

After approval of the audit and finance committee, the form 990 is distributed to each board member for review. Formal approval of the form 990 is conducted at a board meeting prior to irs filing.

Form 990, Part VI, Section B, Line 12C

Verland has a competitive bid policy for the purchase of significant goods and services (greater than $5,000). The policy applies regardless in the event a board member were involved. It is the policy of verland and affiliates that board members recuse themselves from any votes that may represent a conflict of interest.

Form 990, Part VI, Section C, Line 19

Documents are available upon request at the corporat office: verland endowment, 212 iris road, sewickley, pa 15143. Documents are also available through online services such as www.guidestar.org.

Filing and Contact Details

Filer

Filer Name
Verland Endowment
EIN
25-1440467
Phone
4127412375
Address
212 IRIS ROAD, SEWICKLEY, PA 15143

Signing Officer

Name
William F Harriger
Title
President/CEO
Phone
4127412375
Signed
2022-05-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
William F Harriger
Formed
1978
Legal Domicile
Pa
Voting Board Members
11
Independent Board Members
9
Employees
0
Volunteers
9

Preparer

Firm
Cliftonlarsonallen Llp
Address
4334 MUNSON STREET SUITE 200, CANTON, OH 44718
Preparer
Jennifer Coleman
Phone
3304972000
Supplemental Narrative

Financial Statement Notes

PART V, LINE 4:

Verland endowment provides support to members of the verland system by soliciting, maintaining and investing an endowment of funds to be used for the general financial system, including the making of capital contributions, grants, and loans for the purpose of maintenance of facilities.

PART X, LINE 2:

All entities in the system, with the exception of verland housing corporation, are exempt from federal and state income taxes under section 501 (c)(3) of the internal revenue code. Verland housing corporation has not yet filed for its tax status. Accounting principles generally accepted in the united states of america require the system's management to evaluate tax positions taken by the system and recognize a tax liability (asset) if the system has taken an uncertain position that more likely than not would not be sustained upon examination by a taxing authority. The system is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress.

Raw XML AppendixShowing 400 of 588 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0VERLAND ENDOWMENT PROVIDES SUPPORT TO THE VERLAND SYSTEM BY SOLICITING, MAINTAINING AND INVESTING AN ENDOWMENT FUND OF FUNDS TO BE USED TO MAKE CAPITAL CONTRIBUTIONS, GRANTS AND LOANS FOR FACILITY MAINTENANCE.
IRS990/AllOtherContributionsAmt058148
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/PersonNm0WILLIAM F HARRIGER
IRS990/BooksInCareOfDetail/PhoneNum04127412375
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0212 IRIS ROAD
IRS990/BooksInCareOfDetail/USAddress/CityNm0SEWICKLEY
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0PA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd015143
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0653471
IRS990/CashNonInterestBearingGrp/EOYAmt096227
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt058148
IRS990/CYGrantsAndSimilarPaidAmt0616000
IRS990/CYInvestmentIncomeAmt02753948
IRS990/CYOtherExpensesAmt084503
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt02111593
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0700503
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt02812096
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0VERLAND ENDOWMENT PROVIDES SUPPORT TO MEMBERS OF THE VERLAND SYSTEM BY SOLICITING, MAINTAINING AND INVESTING AN ENDOWMENT FUND OF FUNDS TO BE USED FOR THE GENERAL FINANCIAL SYSTEM, INCLUDING THE MAKING OF CAPITAL CONTRIBUTIONS, GRANTS AND LOANS FOR THE PURPOSE OF MAINTENANCE OF FACILITIES.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt011882420
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt014153643
IRS990/DonorRstrOrQuasiEndowmentsInd01
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0616000
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt084503
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt084503
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt039.70
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt139.70
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt21.20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt31.20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt41.20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt51.20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt61.20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70.90
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt80.90
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt91.20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt100.90
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt1132.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt70.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt80.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt90.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt100.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt118.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd6X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt027069
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110144
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt117059
IRS990/Form990PartVIISectionAGrp/PersonNm0WILLIAM F HARRIGER
IRS990/Form990PartVIISectionAGrp/PersonNm1CAROL B MITCHELL
IRS990/Form990PartVIISectionAGrp/PersonNm2DANIEL O'MALLEY
IRS990/Form990PartVIISectionAGrp/PersonNm3DAVID P DUSSEL
IRS990/Form990PartVIISectionAGrp/PersonNm4PAUL B LONG
IRS990/Form990PartVIISectionAGrp/PersonNm5RAYMOND HUBER
IRS990/Form990PartVIISectionAGrp/PersonNm6JON M THOMAS
IRS990/Form990PartVIISectionAGrp/PersonNm7COLLEEN PIETRUSINSKI
IRS990/Form990PartVIISectionAGrp/PersonNm8ELIZABETH BILODEAU
IRS990/Form990PartVIISectionAGrp/PersonNm9ROBERT DEVLIN
IRS990/Form990PartVIISectionAGrp/PersonNm10ROBERT GAERTNER
IRS990/Form990PartVIISectionAGrp/PersonNm11CATHERINE BOGATS
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt0265385
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt1154200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt1140865
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt1DEPUTY CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt2CHAIRPERSON
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6VICE CHAIRPERSON
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11CFO
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01978
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt02502713
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt011
IRS990/GrantAmt0616000
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0616000
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0616000
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt02502713
IRS990/GrossReceiptsAmt02812096
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InvestmentIncomeGrp/ExclusionAmt0251235
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0251235
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt0391975
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt0381381
IRS990/InvestmentsPubTradedSecGrp/BOYAmt013915839
IRS990/InvestmentsPubTradedSecGrp/EOYAmt016668354
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0PA
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt00
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd01
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0VERLAND ENDOWMENT PROVIDES SUPPORT TO MEMBERS OF THE VERLAND SYSTEM BY SOLICITING, MAINTAINING AND INVESTING AN ENDOWMENT FUND OF FUNDS TO BE USED FOR THE GENERAL FINANCIAL SYSTEM, INCLUDING THE MAKING OF CAPITAL CONTRIBUTIONS, GRANTS AND LOANS FOR THE PURPOSE OF MAINTENANCE OF FACILITIES.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt015048354
IRS990/NetAssetsOrFundBalancesEOYAmt017237441
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt02502713
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt02502713
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt077494
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt03165934
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt03083798
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt087069
IRS990/OtherAssetsTotalGrp/EOYAmt091479
IRS990/OtherChangesInNetAssetsAmt00
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliciesReferenceChaptersInd01
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0WILLIAM F HARRIGER
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt044559
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0542982
IRS990/PYInvestmentIncomeAmt0264470
IRS990/PYOtherExpensesAmt072482
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-306435
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0615464
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0309029
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt02111593
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd01
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0THE SUPPORTED ORGANIZATIONS ARE DESIGNATED BY CLASS OR PURPOSE. VERLAND COMMONS (25-1704606) IS SUPPORTED THROUGH ITS RELATIONSHIP WITH VERLAND CLA (23-2250268).
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART IV, SECTION A, LINE 1:
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt04
IRS990ScheduleA/SupportedOrganizationsTotalCnt04
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0251344230
IRS990ScheduleA/SupportedOrgInformationGrp/EIN1232250268
IRS990ScheduleA/SupportedOrgInformationGrp/EIN2251704606
IRS990ScheduleA/SupportedOrgInformationGrp/EIN3251440761
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd11
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd20
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd31
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd07
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd110
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd210
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd37
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt10
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt20
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt30
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt1616000
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt20
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt30
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0VERLAND FOUNDATION
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt1VERLAND CLA
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt2VERLAND COMMONS
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt3VERLAND
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt0616000
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BoardDesignatedBalanceEOYPct00.17890
IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt084505
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt015048355
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt058148
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt017237441
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt02831443
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt0616000
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt072482
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt014407196
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt044559
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt015048355
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt01212064
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt0542982
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt068281
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt013546373
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt072719
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt014407196
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt01370119
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt0513734
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt064393
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt011799841
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt01025000
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt013546373
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt01404211
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt0618286
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt057488
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt010730191
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt011799841
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt01622884
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/OtherExpendituresAmt0495746
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.82110
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0VERLAND ENDOWMENT PROVIDES SUPPORT TO MEMBERS OF THE VERLAND SYSTEM BY SOLICITING, MAINTAINING AND INVESTING AN ENDOWMENT OF FUNDS TO BE USED FOR THE GENERAL FINANCIAL SYSTEM, INCLUDING THE MAKING OF CAPITAL CONTRIBUTIONS, GRANTS, AND LOANS FOR THE PURPOSE OF MAINTENANCE OF FACILITIES.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1ALL ENTITIES IN THE SYSTEM, WITH THE EXCEPTION OF VERLAND HOUSING CORPORATION, ARE EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501 (C)(3) OF THE INTERNAL REVENUE CODE. VERLAND HOUSING CORPORATION HAS NOT YET FILED FOR ITS TAX STATUS. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE THE SYSTEM'S MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE SYSTEM AND RECOGNIZE A TAX LIABILITY (ASSET) IF THE SYSTEM HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY A TAXING AUTHORITY. THE SYSTEM IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART V, LINE 4:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt0616000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501C3
IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc0OPERATING COSTS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0OPERATING COSTS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0VERLAND CLA
IRS990ScheduleI/RecipientTable/RecipientEIN0251440761
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0212 IRIS ROAD
IRS990ScheduleI/RecipientTable/USAddress/CityNm0SEWICKLEY
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0PA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd015143
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0GRANTS ARE ONLY MADE TO AFFILIATED ORGANIZATIONS.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleI/Total501c3OrgCnt01
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt025000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt140500
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0178943
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1113700
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt05308
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt12810
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt021761
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt17334
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings