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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Education Cardinal Funds Inc.

Cardinal Funds Inc.

Fiscal year ending 2021. Filed on May 12, 2022.

2800 W Bethel Avenue
Muncie, Indiana 47304

Cardinal Funds Inc. (EIN: 20-5733080) has filed an IRS Form 990 between fiscal years 2016 and 2023. In its fiscal year 2021 IRS Form 990 filing, Cardinal Funds Inc., a 501(c)(3) charitable organization, reported compensation for 4 employees. Among the employees shown here, the average compensation is $295,143. The highest compensated employee at Cardinal Funds Inc. is Geoffrey Mearns with fiscal year 2021 compensation of $554,957.

Revenue, expenses, and employee compensation

Revenue

$674,194

Expenses

$121,373

Employee compensation

$0
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Geoffrey Mearns
Board Member
$554,957
$0 $498,600 $56,357
Jean Kramer Crosby
Board Member
$273,990
$0 $244,989 $29,001
David Mark Helmus
Board Member
$242,697
$0 $215,106 $27,591
Jacob Logan
Former Board Member
$108,929
$0 $101,392 $7,537

Benchmark Employee Compensation

Non-Employee Board Members

Stephen Wachtman
Secretary and Treasurer
$145,543
$0 $123,560 $21,983
Matthew E Smith
Board Member
No compensation reported
Bente F Weitekamp
Board Member
No compensation reported
Mark A Ervin
President
No compensation reported
Marla K Templeton
Vice President
No compensation reported
Randall E Pond
ex officio
No compensation reported
Charles H Harper
Board Member
No compensation reported
Laura J Hansen Dean
Board Member
No compensation reported

Mission Statement

THE MISSION OF CARDINAL FUNDS INC IS TO HOLD BALL STATE UNIVERSITY FOUNDATION SCHOLARSHIP FUNDS FOR CURRENT STUDENTS OR GRADUATES OF THE UNIVERSITY, INDIANA ACADEMY AND BURRIS LABORATORY SCHOOL AS WELL AS FUNDS FOR THE BENEFIT OF OTHER QUALIFIED EXEMPT ORGANIZATIONS THAT SERVE UNIVERSITY STUDENTS, ALUMNI, FACULTY AND STAFF.

Revisions to this organization profile

March 30, 2024:
2023 Cardinal Funds Inc. 990 filed
April 6, 2023:
2022 Cardinal Funds Inc. 990 filed
May 12, 2022:
2021 Cardinal Funds Inc. 990 filed

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