2024-10-31T15:29:07-05:00 2023-12-31 420714325 RSM US LLP 6 S PATTERSON BLVD DAYTON OH 45402 990 2023-01-01 261645416 TF LAND INC TFLA 9373398935 216 W FRANKLIN ST TROY OH 453733234 MELISSA KLEPTZ PRESIDENT AND CEO 9373398935 2024-10-21 1 1 KAREN O CRIM P00368385 9372980201 2024-10-21 2023 2024-10-15 13:58:12Z MELISSA KLEPTZ 216 W FRANKLIN ST TROY OH 453733234 0 0 X WWW.THETROYFOUNDATION.ORG X 2005 OH TO HOLD THE LAND AND BUILDING ASSETS WHICH HOUSE THE DAILY OPERATIONS OF THE TROY FOUNDATION. 10 10 0 10 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 38784 38648 38784 38648 -38784 -38648 870512 831864 0 0 870512 831864 TO HOLD THE LAND AND BUILDING ASSETS WHICH HOUSE THE DAILY OPERATIONS OF THE TROY FOUNDATION. 0 0 TO HOLD THE LAND AND BUILDING ASSETS WHICH HOUSE THE DAILY OPERATIONS OF THE TROY FOUNDATION. 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 10 10 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 OH X MELISSA KLEPTZ 9373398935 216 W FRANKLIN ST TROY OH 453733234 X JOE DICKERSON CHAIR 0.10 1.00 X X 0 0 0 SUSAN BEHM GOV BD 0.10 1.00 X 0 0 0 BRENT BLACK GOV BD 0.10 1.00 X 0 0 0 TOM GIERE GOV BD 0.10 1.00 X 0 0 0 COLLEEN GILARDI GOV BD/DISTRIBUTION COMMITTEE 0.10 1.00 X 0 0 0 KATHY KERBER GOV BD 0.10 1.00 X 0 0 0 TOM KLEPTZ GOV BD/TRUSTEES COMMITTEE 0.10 1.00 X 0 0 0 DOUG LINS GOV BD 0.10 1.00 X 0 0 0 MAURICE SELLER GOV BD 0.10 1.00 X 0 0 0 CRAIG WISE GOV BD 0.10 1.00 X 0 0 0 MELISSA KLEPTZ EXECUTIVE DIRECTOR 0.10 39.90 X 0 140000 48062 WILLIAM J FULKER SECRETARY GOV BD (NONVOTING) 0.10 1.00 X 0 0 0 0 140000 48062 0 0 1 0 0 0 0 0 0 38648 38648 38648 0 38648 0 1770384 938520 870512 831864 870512 831864 0 0 X 870512 831864 870512 831864 870512 831864 -38648 0 X X 0 1 X 1 0 X X 1 THE TROY FOUNDATION 316018703 8 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 26759 26759 1389933 608838 781095 123043 101206 21837 230649 228476 2173 831864 X PART X, LINE 2: INCOME TAX FOOTNOTE FROM THE DECEMBER 31, 2023 CONSOLIDATED AUDITED FINANCIAL STATEMENTS: THE FOUNDATION IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. MANAGEMENT DOES NOT BELIEVE THAT THE FOUNDATION CONDUCTS ANY ACTIVITIES SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. IN ADDITION, MANAGEMENT CONCLUDED THAT THERE ARE NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS. WITH FEW EXCEPTIONS, THE FOUNDATION'S FEDERAL INFORMATION RETURNS ARE NO LONGER SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE FOR YEARS BEFORE 2019. 0 0 0 0 0 0 0 0 0 MELISSA KLEPTZ EXECUTIVE DIRECTOR 0 140000 0 0 0 0 0 11965 0 36097 0 188062 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE RETURN PREPARER EMAILS A COPY OF THE FORM 990 TO THE FINANCE OFFICER, WHO FORWARDS THE RETURN TO THE TROY FOUNDATION'S AUDIT COMMITTEE TO REVIEW IN DETAIL BEFORE IT IS FILED WITH THE INTERNAL REVENUE SERVICE. AFTER REVIEW, THE RETURN IS SENT TO THE BOARD MEMBERS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C EACH YEAR AT ITS ANNUAL MEETING, THE ORGANIZATION'S GOVERNING BOARD, TRUSTEES COMMITTEE AND DISTRIBUTION COMMITTEE RECEIVE A COPY OF THE CONFLICT-OF-INTEREST POLICY AND ARE REQUIRED TO COMPLETE AND SUBMIT THE ORGANIZATION'S CONFLICT OF INTEREST STATEMENT TO THE EXECUTIVE DIRECTOR LISTING ALL POTENTIAL CONFLICTS THAT MAY OCCUR THROUGHOUT THE YEAR. FORM 990, PART VI, SECTION B, LINE 15 THE PROCESS FOR DETERMINING THE EXECUTIVE DIRECTOR'S AND OTHER KEY EMPLOYEES' SALARIES INCLUDES A REVIEW AND APPROVAL PROCESS BY THE TROY FOUNDATION'S GOVERNING BODY ALONG WITH THE USE OF DATA IN REGARDS TO COMPARABLE COMPENSATION FOR SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AS SIMILARLY SITUATED ORGANIZATIONS. RECORDS WITH RESPECT TO DELIBERATIONS AND DECISIONS REGARDING THE COMPENSATION ARRANGEMENT ARE MAINTAINED. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION'S FORM 990 IS AVAILABLE UPON REQUEST FOR THE PERIOD OF TIME AS SET FORTH IN INTERNAL REVENUE CODE SECTION 6104(D). FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S FINANCIAL STATEMENTS, GOVERNING DOCUMENTS, AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST FOR THE SAME PERIOD OF TIME AS SET FORTH IN INTERNAL REVENUE CODE SECTION 6104(D). PART VII MELISSA KLEPTZ IS PAID BY THE RELATED ORGANIZATION, THE TROY FOUNDATION, FOR FULL TIME SERVICES PROVIDED TO THAT ORGANIZATION. NONE OF HER SALARY IS ALLOCATED TO TF LAND, INC. AS SHE DEVOTES LESS THAN AN HOUR PER WEEK ON ACTIVITIES OF THIS ORGANIZATION. FORM 990, PART XII, LINE 2C: THE PROCESS BY WHICH THE ORGANIZATION SELECTS AN INDEPENDENT ACCOUNTANT TO CONDUCT ITS AUDIT HAS NOT CHANGED SINCE THE PRIOR YEAR. THE TROY FOUNDATION 216 W FRANKLIN ST TROY OH 45373 316018703 TO PROVIDE FUNDS FOR EDUCATION, PUBLIC HEALTH & WELFARE, HOSPITALS, ETC. OH 501(C)(3) LINE 8 N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0