Charles A Dean Tr Dtd 3-12-13 Amended 1-14-20 Nect
- Assets
- $2.4m
- Revenue
- $249.4k
- Investments
- $2.2m
- Employees
- 0
- Location
- Punta Gorda, FL
- Founding
- 02/1973
- Data as of
- 12/2021
- EIN
- 04-6026858
Organization Overview
Charles A Dean Tr Dtd 3-12-13 Amended 1-14-20 Nect is located in Punta Gorda, FL. The organization was established in 1973. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.
For the year ending 12/2021, Charles A Dean Tr Dtd 3-12-13 Amended 1-14-20 Nect generated $249.4k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 25.8% each year . All expenses for the organization totaled $196.4k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Charles A Dean Tr Dtd 3-12-13 Amended 1-14-20 Nect has awarded 21 individual grants totaling $370,000. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Arthur J Haug Trustee | 3 | $8,000 | |
Timothy Odonnell Trustee | 3 | $8,000 | |
Maureen Denis Trustee | 2 | $6,000 | |
Ashley Rancourt Trustee | 2 | $6,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $11 |
| Dividends & Interest | $115,456 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $133,964 |
| Capital Gain Net Income | $133,964 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $249,431 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $28,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,101 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $76,417 |
| Contributions, gifts, grants paid | $120,000 |
| Total expenses and disbursements | $196,417 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $128,240 |
| Savings and temporary cash investments | $75,833 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $195,698 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,380,361 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Charles A Dean Tr Dtd 3-12-13 Amended 1-14-20 Nect has awarded $120,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
KENNEBEC BEHAVIORAL HEALTH PURPOSE: PROGRAM SUPPORT | $30,000 |
JACKMAN COMMUNITY HEALTH PURPOSE: PROGRAM SUPPORT | $30,000 |
Skowhegan, ME PURPOSE: PROGRAM SUPPORT | $15,000 |
Augusta, ME PURPOSE: PROGRAM SUPPORT | $15,000 |
NORTHERN LIGHT - INLAND HOSPITAL PURPOSE: PROGRAM SUPPORT | $15,000 |
NORTHERN LIGHT - CA DEAN HOSPITAL PURPOSE: PROGRAM SUPPORT | $15,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Virginia Bankers Association Group Benefits Trust Orlando, FL | $33,617,508 | $79,896,107 |
Lettie Pate Whitehead Foundation Inc Atlanta, GA | $545,577,272 | $201,098,940 |
Mitchell Wolfson Sr Foundation Miami, FL | $245,881,118 | $51,380,734 |
Sudco Inc & Affiliates Voluntary Empl Beneficiary Association Tr Jacksonville, FL | $1,629,809 | $12,527,671 |
Lucille S Beeson Charitable Remainder 66 1055001761 Birmingham, AL | $200,434,362 | $15,901,903 |
Walter R Ferguson Charitable Foundation Charitable Foundation Fort Lauderdale, FL | $0 | $613,063 |
Telford Foundation Inc Naples, FL | $77,208,801 | $5,161,589 |
Wanda And James M Moran Jr Foundation Inc Deerfield Beach, FL | $6,609,461 | $5,004,559 |
Yarim Foundation Boca Raton, FL | $1,467,226 | $2,520,229 |
Arnold & Winnie Palmer Foundation Inc Orlando, FL | $20,742,397 | $2,603,528 |
Mssa Ila Vacation Plan And Trust Mobile, AL | $2,494,985 | $3,007,833 |
W I H Pitts Charitable Tr Ua 110187 Orlando, FL | $39,439,716 | $4,048,727 |