Society Of St Vincent De Paul In The Archdiocese Of Boston Inc
- Assets
- $17.7m
- Revenue
- $6.3m
- Investments
- $0.0
- Employees
- 88
- Location
- Stoughton, MA
- Founding
- 03/2013
- Data as of
- 09/2023
- EIN
- 04-2104826
Organization Overview
Society Of St Vincent De Paul In The Archdiocese Of Boston Inc is located in Stoughton, MA. The organization was established in 2013. According to its NTEE Classification (X22) the organization is classified as: Roman Catholic, under the broad grouping of Religion-Related and related organizations. As of 09/2023, Society Of St Vincent DE Paul In The Archdiocese Of Boston Inc employed 88 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. Society Of St Vincent DE Paul In The Archdiocese Of Boston Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 09/2023, Society Of St Vincent DE Paul In The Archdiocese Of Boston Inc generated $6.3m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.6% each year. All expenses for the organization totaled $5.6m during the year ending 09/2023. While expenses have increased by 5.4% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Society Of St Vincent DE Paul In The Archdiocese Of Boston Inc has awarded 73 individual grants totaling $774,944. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE SOCIETY OF ST. VINCENT DE PAUL OFFERS TANGIBLE ASSISTANCE TO THOSE IN NEED ON A PERSON-TO-PERSON BASIS. IT IS THIS PERSONALIZED INVOLVEMENT THAT MAKES THE WORK OF THE SOCIETY UNIQUE. THIS AID MAY TAKE THE FORM OF INTERVENTION, CONSULTATION, OR OFTEN THROUGH DIRECT DOLLAR OR IN-KIND SERVICE. AN ESSENTIAL PRECEPT OF THE SOCIETY'S WORK IS TO PROVIDE HELP WHILE CONSCIENTIOUSLY MAINTAINING THE CONFIDENTIALITY AND DIGNITY OF THOSE WHO ARE SERVED. THE SOCIETY RECOGNIZES THAT IT MUST ASSUME, ALSO, A ROLE OF ADVOCACY FOR THOSE WHO ARE DEFENSELESS OR VOICELESS. SOME 12 MILLION PERSONS ARE HELPED ANNUALLY BY VINCENTIANS IN THE UNITED STATES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SOCIETY OPERATES SEVERAL THRIFT SHOPS IN THE GREATER BOSTON AREA WHICH PROCESS AND SELL DONATED CLOTHING AND HOUSEHOLD GOODS. IT SERVES THE POOR AND NEEDY BY MAKING CLOTHING AND HOUSEHOLD GOODS AVAILABLE AT NOMINAL PRICES IN ITS THRIFT SHOPS, BY EMPLOYING NEIGHBORHOOD PEOPLE TO OPERATE THE STORES, AND BY PROVIDING FUNDING FOR THE SOCIETY'S OTHER PROGRAMS.
OTHER CHARITABLE PROGRAMS INCLUDE: UPLIFT RELIEF AWARDS FOR MEMBER DISTRICTS, PRISON PROGRAM TO FAMILIES IN NEED, AS WELL AS DIRECT RELIEF ASSISTANCE TO INDIVIDUALS AND DISPLACED FAMILIES. (154 ASSISTED)PAROCHIAL SCHOOL TRUST SCHOLARSHIP PROGRAM PROVIDES FUNDING STUDENTS FROM NEEDY FAMILIES EACH YEAR TO ATTEND PAROCHIAL GRADE SCHOOL. (92 ASSISTED)
THE SOCIETY PROVIDES RENTAL REIMBURSEMENT TO PERSONS IN NEED. (408 ASSISTED)
THE SOCIETY PROVIDES ASSISTANCE WITH GAS, ELECTRICITY, HOME HEATING OIL AND TELEPHONE BILLS (625 ASSISTED)
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert W Smith President/director | OfficerTrustee | 2 | $0 |
Susan Crusoe Vice President/director | OfficerTrustee | 2 | $0 |
Lorraine Adams Secretary/director | OfficerTrustee | 2 | $0 |
Theodore Vander Els Treasurer/director | OfficerTrustee | 2 | $0 |
Michael Boudreau Director | Trustee | 2 | $0 |
Vincent Donovan Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $239,578 |
| All other contributions, gifts, grants, and similar amounts not included above | $614,492 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $854,070 |
| Total Program Service Revenue | $5,321,558 |
| Investment income | $178,973 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$18,502 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,336,099 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $126,303 |
| Grants and other assistance to domestic individuals. | $912,831 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $220,570 |
| Compensation of current officers, directors, key employees. | $110,285 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,262,846 |
| Pension plan accruals and contributions | $61,972 |
| Other employee benefits | $107,122 |
| Payroll taxes | $234,348 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $55,642 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $42,869 |
| Fees for services: Other | $45,892 |
| Advertising and promotion | $0 |
| Office expenses | $199,055 |
| Information technology | $13,245 |
| Royalties | $0 |
| Occupancy | $273,567 |
| Travel | $73,059 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $32,418 |
| Interest | $6,383 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $243,317 |
| Insurance | $202,421 |
| All other expenses | $4,230 |
| Total functional expenses | $5,642,952 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $152,145 |
| Savings and temporary cash investments | $537,333 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $177,591 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $107,379 |
| Prepaid expenses and deferred charges | $16,037 |
| Net Land, buildings, and equipment | $4,274,211 |
| Investments—publicly traded securities | $12,114,214 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $366,224 |
| Other assets | $350 |
| Total assets | $17,745,484 |
| Accounts payable and accrued expenses | $460,565 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $3,361,098 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $366,567 |
| Total liabilities | $4,188,230 |
| Net assets without donor restrictions | $11,453,242 |
| Net assets with donor restrictions | $2,104,012 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $17,745,484 |
Grants Awarded
Over the last fiscal year, Society Of St Vincent De Paul In The Archdiocese Of Boston Inc has awarded $82,256 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
BROCKTON DISTRICT MEMBER DISTRICT OF SVDP PURPOSE: CLIENT AID | $10,000 |
BOSTON CENTRAL DISTRICT MEMBER DISTRICT OF SVDP PURPOSE: CLIENT AID | $10,000 |
HOLY CROSS DISTRICT MEMBER DISTRICT OF SVDP PURPOSE: CLEINT AID | $10,000 |
DISASTER SERVICES CORPORATION - SVDP USA PURPOSE: DISASTER RELIEF | $10,000 |
LAWRENCE DISTRICT MEMBER DISTRICT OF SVDP PURPOSE: CLIENT AID | $15,000 |
OSCAR ROMERO - CANTON MEMBER DISTRICT OF SVDP PURPOSE: CLIENT AID | $17,256 |