Community Resources Capital Foundation

Organization Overview

Community Resources Capital Foundation is located in Staten Island, NY. The organization was established in 1999. According to its NTEE Classification (T11) the organization is classified as: Single Organization Support, 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. Community Resources Capital Foundation 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, Community Resources Capital Foundation generated $65.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (22.8%) each year. All expenses for the organization totaled $301.6k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

SEE SCHEDULE O.COMMUNITY RESOURCE CAPITAL FOUNDATION, INC. IS A NOT-FOR-PROFIT CORPORATION FORMED UNDER THE LAWS OF THE STATE OF NEW YORK TO SOLICIT GRANTS AND CONTRIBUTIONS TO DISTRIBUTE FOR THE DIRECT AND SOLE BENEFIT OF LOCAL NOT-FOR-PROFIT ORGANIZATIONS THAT PROVIDE COMMUNITY SERVICES TO A DIVERSE RANGE OF CONSTITUENTS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE FOUNDATION PROVIDES CONTRIBUTIONS FOR A NOT-FOR-PROFIT ORGANIZATION SERVING INDIVIDUALS WITH DEVELOPMENTAL DISABILITIES.


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Board, Officers & Key Employees

Name (title)Compensation
Marlene Markoe-Boyd
President
$0
Joseph Conti
Treasurer
$0
Mary Rafferty
CEO
$0
Michael Degrottle
COO
$0
Anna Opsha
CFO
$0
Lou Tobacco
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$10,143
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$10,143
Total Program Service Revenue$0
Investment income $73,705
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$18,521
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $65,327

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Community Resources Capital Foundation has recieved totaling $1,000.

Awarding OrganizationAmount
Key Food Stores Foundation Inc

Matawan, NJ

PURPOSE: CHARITABLE

$1,000
View Grant Recipient Profile

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