Society Of St Vincent De Paul In The Archdiocese Of Boston Inc
- Assets
- $14.5m
- Revenue
- $6.0m
- Investments
- $0.0
- Employees
- 97
- Location
- Stoughton, MA
- Founding
- 03/2013
- Data as of
- 09/2022
- 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 09/2022, Society Of St Vincent DE Paul In The Archdiocese Of Boston Inc employed 97 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 09/2022, Society Of St Vincent DE Paul In The Archdiocese Of Boston Inc generated $6.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.7% each year. All expenses for the organization totaled $5.5m during the year ending 09/2022. While expenses have increased by 5.7% per year over the past 7 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 75 individual grants totaling $773,534. 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
2022
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.
THE SOCIETY PROVIDES RENTAL REIMBURSEMENT TO PERSONS IN NEED. (313 ASSISTED)
THE SOCIETY PROVIDES ASSISTANCE WITH GAS, ELECTRICITY, HOME HEATING OIL AND TELEPHONE BILLS (683 ASSISTED)
OTHER CHARITABLE PROGRAMS INCLUDE: UPLIFT RELIEF AWARDS FOR MEMBER DISTRICTS, FOOD PANTRY ASSISTANCE, USED FURNITURE AND DIAPERS TO FAMILIES IN NEED, AS WELL AS DIRECT RELIEF ASSISTANCE TO INDIVIDUALS. (2,250 ASSISTED)PAROCHIAL SCHOOL TRUST SCHOLARSHIP PROGRAM PROVIDES FUNDING STUDENTS FROM NEEDY FAMILIES EACH YEAR TO ATTEND PAROCHIAL GRADE SCHOOL. (111 ASSISTED)
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christopher G Trudeau Executive Director/ceo | Officer | 40 | $166,842 |
Lori Malcom Director Retail Operations | 40 | $120,296 | |
Susan Crusoe Vice President/director | OfficerTrustee | 2 | $0 |
Robert W Smith President/director | OfficerTrustee | 2 | $0 |
Theodore Vander Els Treasurer/director | OfficerTrustee | 2 | $0 |
Lorraine Adams Secretary/director | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $759,600 |
| All other contributions, gifts, grants, and similar amounts not included above | $200,822 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $960,422 |
| Total Program Service Revenue | $4,844,292 |
| Investment income | $164,117 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $22,046 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,990,877 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $148,025 |
| Grants and other assistance to domestic individuals. | $773,685 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $216,780 |
| Compensation of current officers, directors, key employees. | $108,390 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,251,479 |
| Pension plan accruals and contributions | $79,912 |
| Other employee benefits | $97,698 |
| Payroll taxes | $176,594 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,481 |
| Fees for services: Accounting | $50,605 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $42,144 |
| Fees for services: Other | $42,572 |
| Advertising and promotion | $0 |
| Office expenses | $179,799 |
| Information technology | $1,466 |
| Royalties | $0 |
| Occupancy | $340,725 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $12,444 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $230,804 |
| Insurance | $174,244 |
| All other expenses | $65,138 |
| Total functional expenses | $5,451,367 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $205,489 |
| Savings and temporary cash investments | $1,002 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $30,667 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $110,661 |
| Prepaid expenses and deferred charges | $19,596 |
| Net Land, buildings, and equipment | $4,102,385 |
| Investments—publicly traded securities | $9,989,447 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $14,459,247 |
| Accounts payable and accrued expenses | $276,810 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $2,520,522 |
| 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 | $4,023 |
| Total liabilities | $2,801,355 |
| Net assets without donor restrictions | $9,890,874 |
| Net assets with donor restrictions | $1,767,018 |
| 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 | $14,459,247 |
Grants Awarded
Over the last fiscal year, Society Of St Vincent De Paul In The Archdiocese Of Boston Inc has awarded $142,283 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
Stoughton, MA PURPOSE: CLIENT AID | $40,000 |
Stoughton, MA PURPOSE: CLIENT AID | $30,000 |
Irving, TX PURPOSE: DISASTER RELIEF | $20,638 |
Stoughton, MA PURPOSE: CLEINT AID | $15,000 |
Stoughton, MA PURPOSE: CLIENT AID | $10,000 |
Stoughton, MA PURPOSE: CLIENT AID | $10,000 |
Grants Recieved
Over the last fiscal year, we have identified 14 grants that Society Of St Vincent De Paul In The Archdiocese Of Boston Inc has recieved totaling $169,133.
| Awarding Organization | Amount |
|---|---|
Society Of St Vincent De Paul In The Archdiocese Of Boston Inc Stoughton, MA PURPOSE: CLIENT AID | $40,000 |
Society Of St Vincent De Paul In The Archdiocese Of Boston Inc Stoughton, MA PURPOSE: CLIENT AID | $30,000 |
Society Of St Vincent De Paul In The Archdiocese Of Boston Inc Stoughton, MA PURPOSE: CLEINT AID | $15,000 |
Worcester County Food Bank Inc Shrewsbury, MA PURPOSE: EMERGENCY GRANT/COVID 19 GRANT | $13,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $11,968 |
Society Of St Vincent De Paul In The Archdiocese Of Boston Inc Stoughton, MA PURPOSE: CLIENT AID | $10,000 |
Endowment Analysis
| Beg. Balance | $2,683,836 |
| Earnings | -$420,005 |
| Net Contributions | $24,810 |
| Ending Balance | $2,288,641 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Woodlawn Foundation New Rochelle, NY | $58,943,273 | $25,049,674 |
Catholic Charities Of Fairfield Bridgeport, CT | $9,651,392 | $11,217,776 |
Community Association Of Progressive Dominicans Inc New York, NY | $3,345,960 | $6,118,311 |
Society Of St Vincent De Paul In The Archdiocese Of Boston Inc Stoughton, MA | $14,459,247 | $5,990,877 |
Padre Pio Foundation Of America Inc Cromwell, CT | $9,995,841 | $8,304,771 |
Foundations In Faith Inc Bridgeport, CT | $29,514,744 | $3,129,315 |
Murray Hill Place Inc New York, NY | $43,211,368 | $5,022,335 |
Catholic Migration Services Inc Brooklyn, NY | $5,700,505 | $6,076,447 |
Riverside Study Center Inc New York, NY | $14,243,524 | $2,424,338 |
Walking With Purpose Inc Greenwich, CT | $1,412,300 | $2,502,751 |
Catholic Foundation Of Southeastern Massachusetts Inc Fall River, MA | $2,839,964 | $2,808,614 |
Sisters Of The Adoration Corp Danielson, CT | $1,846,756 | $1,811,339 |