The Arc Foundation Of Rockland Inc
- Assets
- $1.7m
- Revenue
- $502.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Valley Cottage, NY
- Founding
- 07/1994
- Data as of
- 12/2022
- EIN
- 13-3558090
Organization Overview
The Arc Foundation Of Rockland Inc is located in Valley Cottage, NY. The organization was established in 1994. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Arc Foundation Of Rockland 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, Arc Foundation Of Rockland Inc generated $502.6k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.2%) each year. All expenses for the organization totaled $510.2k during the year ending 12/2022. 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
TO RECEIVE & ADMINISTER FUNDS FOR CHARITABLE PURPOSES, HOLD/DISPOSE ANY PROPERTY OR ANY UNDIVIDED INTEREST & TO REINVEST FOR THE BENEFIT OF NYSARC, INC - RCC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION ASSISTS IN PROMOTING, PLANNING AND PARTICIPATING FUND RAISING ACTIVITIES SPONSORED BY THE ARC ROCKLAND INCLUDING TWO ANNUAL EVENTS: THE GOLF CLASSIC AND A TASTE OF ROCKLAND - THE LATTER BEING THE ARC'S PREMIERE FUND RAISER FEATURING FARE FROM MORE THAN 40 RESTAURANTS AND BEVERAGE PURVEYORS. MICRO GRANTS ARE DISBURSED BY THE FOUNDATION BASED UPON GRANT PROPOSALS SUBMITTED BY VARIOUS DEPARTMENTS WITHIN THE ARC ROCKLAND. IN RECENT YEARS, FUNDS WERE AWARDED FOR SMART BOARD TECHNOLOGIES, TRANSPORTATION FOR PEOPLE WITH DEVELOPMENTAL DISABILITIES TO THEIR PLACES OF EMPLOYMENT, SOFTWARE AND HARDWARE TO FACILITATE COMMUNICATION FOR PEOPLE WITH AUTISM SPECTRUM DISORDERS, THE PURCHASE OF CLINICAL THERAPY EQUIPMENT, RENOVATION OF THE AGENCY'S POST HIGH SCHOOL FACILITY IN PEARL RIVER, THE ESTABLISHMENT OF A CHILDREN'S RECREATION RESPITE PROGRAM, THE CREATION OF A VOLUNTEER OFFICE THROUGH WHICH COMMUNITY MEMBERS DONATE THEIR TIME TO ASSIST IN VARIOUS INITIATIVES, EVENTS, PROGRAMS AND ACTIVITIES IN WHICH THE ARC ROCKLAND IS INVOLVED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Daniel Spitzer President | OfficerTrustee | 1 | $0 |
Michael Mccue 1st Vp/secretary | OfficerTrustee | 1 | $0 |
Robert Gundersen 2nd Vice President | OfficerTrustee | 1 | $0 |
Adam K Kurland ESQ Treasurer | OfficerTrustee | 1 | $0 |
Diana Andriotis Director | Trustee | 1 | $0 |
Dorothy Baumel Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $98,194 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $391,253 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $489,447 |
| Total Program Service Revenue | $0 |
| Investment income | $33,476 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$50,283 |
| Net Income from Fundraising Events | $29,966 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $502,606 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $293,380 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $34,021 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $16,234 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $11,223 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $21,611 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $510,202 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $16,887 |
| Savings and temporary cash investments | $422,000 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,250 |
| 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 | $0 |
| Investments—publicly traded securities | $1,294,688 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,735,825 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $2,510 |
| 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 | $22,822 |
| Total liabilities | $25,332 |
| Net assets without donor restrictions | $1,471,251 |
| Net assets with donor restrictions | $239,242 |
| 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 | $1,735,825 |
Grants Awarded
Over the last fiscal year, The Arc Foundation Of Rockland Inc has awarded $293,380 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
ROCKLAND COUNTY CHAPTER NYSARC INC PURPOSE: ORGANIZATION | $176,260 |
ARC HEALTH RESOURCES OF ROCKLAND INC PURPOSE: ORGANIZATION | $117,120 |