Concord-Carlisle Community Chest Inc
- Assets
- $4.9m
- Revenue
- $2.3m
- Investments
- $0.0
- Employees
- 4
- Location
- Concord, MA
- Founding
- 02/1950
- Data as of
- 06/2022
- EIN
- 04-2157042
Organization Overview
Concord-Carlisle Community Chest Inc is located in Concord, MA. The organization was established in 1950. According to its NTEE Classification (T70) the organization is classified as: Federated Giving Programs, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 06/2022, Concord-Carlisle Community Chest Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Concord-Carlisle Community Chest 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 06/2022, Concord-Carlisle Community Chest Inc generated $2.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 15.9% each year . All expenses for the organization totaled $828.4k during the year ending 06/2022. While expenses have increased by 1.6% 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, Concord-Carlisle Community Chest Inc has awarded 238 individual grants totaling $4,100,255. 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
HELPING NEIGHBORS IN NEED BY RAISING FUNDS AND GIVING RESPONSIBLY TO A BROAD RANGE OF HUMAN SERVICE AND OTHER ORGANIZATIONS IN CONCORD AND CARLISLE, MA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CONCORD-CARLISLE COMMUNITY CHEST SOLICITS FUNDS ANNUALLY TO SUPPORT LOCAL HUMAN SERVICE ORGANIZATIONS AND PROGRAMS HELPING OUR NEIGHBORS IN NEED. AN ALLOCATIONS COMMITTEE COMPRISED OF TEAMS OF COMMUNITY VOLUNTEERS ASSESS GRANT APPLICATIONS, MAKE SITE VISITS AND MEET WITH GRANT APPLICANTS, AND INFORM THE BOARD'S GRANT-MAKING DECISIONS.
WIN FUND- THROUGH DISCRETE COMMUNITY DONATIONS, THE CONCORD-CARLISLE COMMUNITY CHEST ADMINISTERS THE WHEN IN NEED (WIN) FUND, TO ADDRESS UNEXPECTED AND EMERGENT NEEDS AS THEY ARISE IN THE COMMUNITIES OF CONCORD AND CARLISLE. FINANCIAL SUPPORT IS DISTRIBUTED TO NEIGHBORS STRUGGLING WITH ISSUES SUCH AS RENT, MOVING COSTS, UTILITIES, REPAIRS AND THE GENERAL NEGATIVE EFFECTS OF THE PANDEMIC.
THE CONCORD-CARLISLE COMMUNITY CHEST SOLICITS FUNDS ANNUALLY TO SUPPORT LOCAL HUMAN SERVICE ORGANIZATIONS AND PROGRAMS HELPING OUR NEIGHBORS IN NEED. AN ALLOCATIONS COMMITTEE COMPRISED OF TEAMS OF COMMUNITY VOLUNTEERS ASSESS GRANT APPLICATIONS, MAKE SITE VISITS AND MEET WITH GRANT APPLICANTS, AND INFORM THE BOARD'S GRANT-MAKING DECISIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jennifer C Ubaldino Executive Di | OfficerTrustee | 1 | $0 |
Bill Barton Treasurer | OfficerTrustee | 1 | $0 |
Kate Shelly Co-President | OfficerTrustee | 1 | $0 |
Carrie Finizio Co-President | OfficerTrustee | 1 | $0 |
Ali Sullivan Director | Trustee | 1 | $0 |
Christina Economos Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,000,666 |
| Noncash contributions included in lines 1a–1f | $1,200 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,000,666 |
| Total Program Service Revenue | $0 |
| Investment income | $280,147 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $19,048 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,299,861 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $612,823 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $102,610 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $7,744 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,150 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $794 |
| Office expenses | $40,419 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $27,387 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,753 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $240 |
| Insurance | $2,181 |
| All other expenses | $6,313 |
| Total functional expenses | $828,371 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $969,439 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $587,846 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $4,573 |
| Net Land, buildings, and equipment | $960 |
| Investments—publicly traded securities | $3,297,153 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,859,971 |
| Accounts payable and accrued expenses | $2,277 |
| Grants payable | $588,612 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| 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 | $14,611 |
| Total liabilities | $605,500 |
| Net assets without donor restrictions | $4,129,519 |
| Net assets with donor restrictions | $124,952 |
| 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 | $4,859,971 |
Grants Awarded
Over the last fiscal year, Concord-Carlisle Community Chest Inc has awarded $607,823 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
PROGRAM EXPENSESAGENCY ALLOCATION | | | $588,612 |
FOIF WIN FUND | | | $14,076 |
FOIF CAMP SCHOLARSHIPS | | | $5,135 |
Grants Recieved
Over the last fiscal year, we have identified 16 grants that Concord-Carlisle Community Chest Inc has recieved totaling $112,126.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: PUBLIC, SOCIETAL BENEFIT | $54,750 |
Fiduciary Charitable Foundation Boston, MA PURPOSE: DONATIONS | $15,000 |
Cambridge Savings Charitable Foundation Inc Cambridge, MA PURPOSE: EXEMPT PURPOSE | $10,000 |
Edwin M Johnston Jr Family Foundation Buffalo, NY PURPOSE: OPEN TABLE FUND | $5,000 |
Spofford Foundation Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $5,000 |
Kane Wallace Foundation Concord, MA PURPOSE: UNRESTRICTED | $5,000 |
Endowment Analysis
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
United Way Of New York City New York, NY | $40,512,646 | $61,047,819 |
United Way Of Massachusetts Bay Inc Boston, MA | $61,459,192 | $54,248,060 |
Childrens Rescue Fund Bronx, NY | $24,029,170 | $53,044,030 |
United Way Of Greater Rochester And The Finger Lakes Inc Rochester, NY | $189,540,443 | $45,112,374 |
United Way Of Connecticut Rocky Hill, CT | $9,253,569 | $38,307,240 |
Foundation For Jewish Philanthropies Getzville, NY | $249,898,212 | $25,804,353 |
United Way Of Rhode Island Inc Providence, RI | $29,334,248 | $23,014,896 |
Syracuse Community Health Center Inc Syracuse, NY | $18,630,162 | $24,795,455 |
Lighthouse Guild International Inc New York, NY | $511,507,297 | $10,629,551 |
North Star Fund Inc New York, NY | $26,831,975 | $32,265,698 |
Granite United Way Manchester, NH | $10,904,464 | $19,030,593 |
United Way Of Buffalo And Erie County Buffalo, NY | $31,555,637 | $14,020,396 |