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.
Form
990
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.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Marlene Markoe-Boyd President | OfficerTrustee | 1 | $0 |
Joseph Conti Treasurer | OfficerTrustee | 1 | $0 |
Mary Rafferty CEO | Officer | 0.5 | $0 |
Michael Degrottle COO | Officer | 0.5 | $0 |
Anna Opsha CFO | Officer | 0.5 | $0 |
Lou Tobacco Director | Trustee | 1 | $0 |
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 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $256,000 |
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 | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $14,200 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $27,649 |
Fees for services: Other | $1,500 |
Advertising and promotion | $0 |
Office expenses | $0 |
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 | $2,296 |
Total functional expenses | $301,645 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $109,022 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $8,169 |
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 | $2,807,089 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $2,924,280 |
Accounts payable and accrued expenses | $14,200 |
Grants payable | $0 |
Deferred revenue | $0 |
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 | $0 |
Total liabilities | $14,200 |
Net assets without donor restrictions | $2,910,080 |
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 | $2,924,280 |
Over the last fiscal year, we have identified 1 grants that Community Resources Capital Foundation has recieved totaling $1,000.
Awarding Organization | Amount |
---|---|
Key Food Stores Foundation Inc Matawan, NJ PURPOSE: CHARITABLE | $1,000 |
Organization Name | Assets | Revenue |
---|---|---|
Unicef Usa Impact Fund For Children Inc New York, NY | $79,143,389 | $84,968,409 |
Dimock Community Foundation Inc Roxbury, MA | $0 | $29,896,865 |
Paula And Jerry Gottesman Family Supporting Foundation Inc Whippany, NJ | $103,919,025 | $11,534,966 |
The Jimmy And Berta Khezrie Charitable Foundation Long Branch, NJ | $561,838 | $13,044 |
Garnet Health Urgent Care P C Middletown, NY | $2,667,409 | $6,635,976 |
The Harry Halloran Jr Charitable Trust Philadelphia, PA | $26,412,399 | $8,412,088 |
Serv Properties And Management Inc Ewing, NJ | $27,477,154 | $8,087,563 |
Dentaquest Care Group Inc Boston, MA | $2,518,678 | $0 |
American Friends Of Sfath Emeth Yeshiva Brooklyn, NY | $187,158 | $4,689,874 |
Dbs Foundation Holdings Harrisburg, PA | $361,345 | $2,360,629 |
Knights Of Columbus Charities Usa Inc New Haven, CT | $92,663,013 | $7,484,954 |
Cfleads Accord, MA | $11,022,103 | $9,422,261 |