Clrc Inc
- Assets
- $35.1m
- Revenue
- $2.2m
- Investments
- $35.0m
- Employees
- 0
- Location
- New York, NY
- Founding
- 11/1998
- Data as of
- 12/2022
- EIN
- 13-3997365
Organization Overview
Clrc Inc is located in New York, NY. The organization was established in 1998. 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. Clrc 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, Clrc Inc generated $2.2m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (4.6%) each year. All expenses for the organization totaled $2.9m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Clrc Inc has awarded 63 individual grants totaling $5,483,944. 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
LEGACY HERITAGE PROGRAMMING XII LLC - THE NACHSHON PROJECT - SEE PART XV
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
B Gloznek Assistant Secretary | 0 | $0 | |
W Stern Director | 0 | $0 | |
R Kanner Director | 0 | $0 | |
S Wexner Pres,secy,treas,dir | 0 | $0 | |
G Levy Director | 0 | $0 | |
R Agus Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $441 |
| Dividends & Interest | $1,061,129 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,028,029 |
| Capital Gain Net Income | $1,028,029 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $89,770 |
| Total Revenue | $2,179,369 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $27,308 |
| Taxes | $44,308 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $585,908 |
| Total operating and administrative expenses | $667,821 |
| Contributions, gifts, grants paid | $2,253,641 |
| Total expenses and disbursements | $2,921,462 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $169,613 |
| 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 | $34,980,274 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $35,149,887 |
| Accounts payable and accrued expenses | $90,863 |
| 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 | $90,863 |
Grants Awarded
Over the last fiscal year, Clrc Inc has awarded $2,253,641 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
TECHNODA-MADAAT SCIENCE AND TECHNOLOGY EDUCATION CENTER (RA) PURPOSE: FUNDING FOR THE CONSTRUCTION OF THE ORGANIZATION'S EDUCATION CENTER. | $60,000 |
UNION FOR REFORM JUDAISM - OLIN SANG RUBY UNION INSTITUTE PURPOSE: FUNDING TO SUPPORT THE ORGANIZATION'S YEAR-ROUND RELIGIOUS EDUCATIONAL PROGRAMMING. | $13,535 |
UNION FOR REFORM JUDAISM - GREENE FAMILY CAMP PURPOSE: FUNDING TO SUPPORT THE ORGANIZATION'S YEAR-ROUND RELIGIOUS EDUCATIONAL PROGRAMMING. | $13,750 |
FRIENDS OF YAD SARAH INC PURPOSE: FUNDING TO SUPPORT THE PURCHASE OF MEDICAL EQUIPMENT. | $72,750 |
NATIONAL RAMAH COMMISSION INC PURPOSE: PROVIDE SUPPORT FOR THE ORGANIZATION'S RELIGIOUS AND EDUCATIONAL PROGRAMMING. | $124,000 |
CLALIT HEALTH SERVICES PURPOSE: FUNDING TO SUPPORT CONSTRUCTION OF THE HOSPITAL AND REHABILITATION CENTER. | $500,000 |