Polish American Foundation Of Connecticut Inc
- Assets
- $851.2k
- Revenue
- $425.1k
- Investments
- $0.0
- Employees
- 0
- Location
- New Britain, CT
- Founding
- 05/1997
- Data as of
- 06/2022
- EIN
- 06-1466812
Organization Overview
Polish American Foundation Of Connecticut Inc is located in New Britain, CT. The organization was established in 1997. According to its NTEE Classification (A23) the organization is classified as: Cultural & Ethnic Awareness, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Polish American Foundation Of Connecticut 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, Polish American Foundation Of Connecticut Inc generated $425.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.5% each year. All expenses for the organization totaled $395.0k during the year ending 06/2022. While expenses have increased by 4.6% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE POLISH-AMERICAN FOUNDATION OF CT, INC. SEEKS TO ENHANCE THE CULTURAL AND ECONOMIC DEVELOPMENT OF THE COMMUNITY BY SPONSORING CULTURAL AND EDUCATIONAL PROGRAMS, ACTIVITIES, IMPROVING ACCESS TO AND PROVIDING SOCIAL AND WORKFORCE DEVELOPMENT SERVICE, PROMOTING OPPORTUNITIES, PRESERVING AND PROMOTING CULTURAL AND IMMIGRANT HERITAGE, FOSTERING INTER-ETHNIC UNDERSTANDING AND INTERNATIONAL EXCHANGE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HUMANITARIAN AND COMMUNITY ASSISTANCE - PROGRAM SEEKING TO HELP THOSE LESS FORTUNATE. DURING THE YEAR IT HAS BEEN PRIMARILY FOCUSED ON A RELIEF EFFORTS IN UKRAINE. THE PROGRAM HAS HELPED TO BRING DESPERATELY NEEDED FOOD, MEDICAL SUPPLIES, AND OTHER NECESSITIES TO THOSE CAUGHT ON THE FRONT LINES OF THIS CONFLICT. THE PROGRAM LAUNCHED "CUMMUNITY HELP", AN INITIATIVE FOCUSED ON THE NEEDS OF THE CITY OF GOODNESS PROJECT IN UKRAINE - A CONSTRUCTION OF A REHABILITATION HOME FOR CHILDREN AND MAINTANCE OF THE EXISTING ORPHANAGE FOR YOUNG CHILDREN.
OTHER PROGRAMS INCLUDE - (1) WELCOME HOME - PROGRAM PROVIDING LECTURES, WORKSHOPS AND POLISH LANGUAGE CLASSES DESIGNED TO HELP THE CHILDREN AND GRANDCHILDREN OF IMMIGRANTS RECONNECT WITH THE TRADITIONS AND HERITAGE OF THEIR ANCESTRAL HOMELAND , (2) POLANIE FOLK DANCE - PROGRAM TO INTRODUCE AND MAINTAIN THE FOLKLORE CULTURE THROUGH DANCE, SONG AND ORIGINAL COLLECTION OF COLORFUL COSTUMES, AND (3) THE FRYDERYK CHOPIN SOCIETY OF CT - INTERNATIONAL PIANO RECITAL SERIES
POLONIA BUSINESS ASSOCIATION - INTERNATIONAL NETWORKING RING THAT LINKS BUSINESS INDIVIDUALS THROUGHOUT THE WORLD, SERVES POLONIA COMMUNITY AND ORGANIZES THE ANNUAL "LITTLE POLAND" FESTIVAL WITH LEAPING FOLK DANCERS, LIVE MUSIC, MOUTH WATERING FOOD, RIDES, COSTUMED CHARACTERS AND OVER 100 VENDORS.
RESTORATION AND MAINTENANCE OF THE "SLOPER-WESOLY" CULTURAL CENTER - QUEEN ANNE STYLE HOUSE LISTED IN THE NATIONAL REGISTER OF HISTORIC PLACES.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andre Blaszczynski President | OfficerTrustee | 10 | $0 |
Asha Lassen First Vice President | OfficerTrustee | 10 | $0 |
Jadwiga Panus Director | Trustee | 1 | $0 |
Joanna Gorski Secretary | OfficerTrustee | 1 | $0 |
Demetrios Giannaros Director | Trustee | 1 | $0 |
Adrian Baron Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $5,135 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $14,500 |
| All other contributions, gifts, grants, and similar amounts not included above | $250,527 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $270,162 |
| Total Program Service Revenue | $154,907 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $425,069 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $61,989 |
| Grants and other assistance to domestic individuals. | $4,674 |
| Grants and other assistance to Foreign Orgs/Individuals | $116,192 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,650 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $58,049 |
| Advertising and promotion | $13,809 |
| Office expenses | $2,577 |
| Information technology | $2,943 |
| Royalties | $0 |
| Occupancy | $17,056 |
| Travel | $16,586 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $2,205 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $31,668 |
| Insurance | $6,790 |
| All other expenses | $829 |
| Total functional expenses | $394,956 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $159,941 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $671,152 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $20,089 |
| Total assets | $851,182 |
| Accounts payable and accrued expenses | $4,605 |
| Grants payable | $0 |
| Deferred revenue | $9,042 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $46,980 |
| Secured mortgages and notes payable | $149,200 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $42,154 |
| Total liabilities | $251,981 |
| Net assets without donor restrictions | $599,201 |
| Net assets with donor restrictions | $0 |
| 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 | $851,182 |
Grants Awarded
Over the last fiscal year, Polish American Foundation Of Connecticut Inc has awarded $48,300 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
ANDRE SABIN FAMILY FOUNDATION PURPOSE: UKRAINE RELIEF EFFORTS | $23,300 |
NEW BRITAIN MUSEUM OF AMERICAN ART INC PURPOSE: TO ASSIST IN PURCHASING A NEW PIANO TO BE USED BY CHOPIN SOCIETY OF CT, PROGRAM OF THE ORGANIZATION. | $25,000 |