Long Island Community Chest Inc
- Assets
- $74.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- East Northport, NY
- Founding
- 04/2000
- Data as of
- 12/2022
- EIN
- 11-3529145
Organization Overview
Long Island Community Chest Inc is located in East Northport, NY. The organization was established in 2000. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, 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. Long Island 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 12/2022, Long Island Community Chest Inc generated $86.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (9.9%) each year. All expenses for the organization totaled $109.6k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (4.2%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Long Island Community Chest Inc has awarded 23 individual grants totaling $313,648. 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
LICC PROVIDES IMMEDIATE SHORT-TERM FINANCIAL SUPPORT TO NON-PROFIT ORGANIZATIONS, INDIVIDUALS, AND FAMILIES IN NEED ON LONG ISLAND.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jamie Austin President | 1 | $0 | |
Jeff Cohen Board Member | 1 | $0 | |
Sandy Kane Board Member | 1 | $0 | |
Mark Preiser Board Member | 1 | $0 | |
Matthew Silver Vice President | 1 | $0 | |
Cindy Mardenfeld Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $86,293 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $206 |
| Total Revenue | $86,499 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $47 |
| Other expenses | $51,148 |
| Total expenses | $109,618 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $73,976 |
| Other assets | $0 |
| Total assets | $73,976 |
| Total liabilities | $0 |
| Net assets or fund balances | $73,976 |
Grants Awarded
Over the last fiscal year, Long Island Community Chest Inc has awarded $51,473 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
FREE PURPOSE: TO HELP NEEDY FAMILIES ON LONG ISLAND. | $15,000 |
GENESIS SCHOOL PURPOSE: TO HELP NEEDY FAMILIES ON LONG ISLAND. | $15,000 |
CHILDRENS TUMOR FOUNDATION PURPOSE: TO HELP NEEDY FAMILIES ON LONG ISLAND. | $3,000 |
THE CORPORATE SOURCE PURPOSE: TO HELP NEEDY FAMILIES ON LONG ISLAND. | $1,000 |
LONG ISLAND HOME BUILDERS CARE PURPOSE: TO HELP NEEDY FAMILIES ON LONG ISLAND. | $6,400 |
THE MICHAEL MAGRO FOUNDATION PURPOSE: TO HELP NEEDY FAMILIES ON LONG ISLAND. | $7,508 |