Maria M Love Convalescent Fund
- Assets
- $943.4k
- Revenue
- $124.2k
- Investments
- $189.9k
- Employees
- 1
- Location
- Buffalo, NY
- Founding
- 08/2001
- Data as of
- 06/2022
- EIN
- 16-1609169
Organization Overview
Maria M Love Convalescent Fund is located in Buffalo, NY. The organization was established in 2001. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Maria M Love Convalescent Fund 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, Maria M Love Convalescent Fund generated $124.2k 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 (8.6%) each year. All expenses for the organization totaled $131.2k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (3.5%) per year over the past 7 years. 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 PROVIDE INTERIM FINANCIAL ASSISTANCE IN ORDER TO PROMOTE INDEPENDENCE AND ENHANCE THE QUALITY OF LIFE FOR ERIE COUNTY, NEW YORK RESIDENTS WITH MEDICALLY RELATED CONDITIONS WHO MAY BE TEMPORARILY INELIGIBLE FOR AID FROM TRADITIONAL SOURCES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE ASSISTANCE WITH CONVALESCENT CARE, FOOD, MEDICATION, UTILITIES, AND NECESSARY TRAVEL TO ERIE COUNTY, NEW YORK RESIDENTS TO PROMOTE INDEPENDENCE & ENHANCE THE QUALITY OF LIFE.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nandita Sharma Vice President | Officer | 2 | $0 |
Patti Deni Membership | Officer | 2 | $0 |
Julie Gicewicz President | Officer | 2 | $0 |
Theresa Anderson Treasurer | Officer | 2 | $0 |
Marcia Found Hawkes Secretary | Officer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $7,092 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $46,896 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $53,988 |
| Total Program Service Revenue | $0 |
| Investment income | $7,930 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $62,262 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $124,180 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $3,000 |
| 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 | $26,696 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $5,341 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $13,042 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $7,136 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $316 |
| Information technology | $2,796 |
| Royalties | $0 |
| Occupancy | $6,448 |
| 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 | $2,589 |
| All other expenses | $2,729 |
| Total functional expenses | $131,239 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $164,290 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Investments—other securities | $189,920 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $589,239 |
| Total assets | $943,449 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $943,449 |
| 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 | $943,449 |
Grants Awarded
Over the last fiscal year, Maria M Love Convalescent Fund has awarded $51,040 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
Buffalo, NY PURPOSE: LODGING FOR FAMILIES OF PATIENTS RECEIVING MEDICAL TREATMENT AT LOCAL MEDICAL CAMPUS. | $10,000 |
East Aurora, NY PURPOSE: TO PROVIDE SERVICES TO THE RURAL POOR IN THE SOUTHTOWNS OF BUFFALO, NY, THAT FOCUS ON CHILDREN, EDUCATION, AND JOB CREATION, TO ELEVATE THEM OUT OF POVERTY. | $10,000 |
Boston, MA PURPOSE: TO UNITE YOUNG PEOPLE OF ALL BACKGROUNDS FOR A YEAR OF FULL-TIME SERVICE, GIVING THEM THE SKILLS AND OPPORTUNITIES TO CHNAGE THE WORLD AS TUTORS, MENTORS, AND ROLE MODELS, THESE DIVERSE YOUNG LEADERS HELP CHILDREN STAY IN SCHOOL AND ON TRACK, AND TRANSFORM SCHOOLS AND COMMUNITIES ACROSS THE UNITED STATES. | $7,500 |
Williamsville, NY PURPOSE: TO PROVIDE OPTIMAL, COMPASSIONATE, PATIENT CENTERED HEALTH CARE TO THOSE THROUGHOUT THE WESTERN NEW YORK COMMUNITY IN AN OPEN AND ACCESSIBLE MANNER WHEREBY THE UNIQUE NEEDS OF THE PATIENT AS WELL AS THIER FAMILY ARE CENTRAL TO THE DELIVERY OF SERVICES TO EVERYONE. | $7,000 |
Buffalo, NY PURPOSE: TO HELP INDIVIDUALS WITH VISION IMPAIRMENTS, AS WELL AS THOSE WITH OTHER PHYSICAL CHALLENGES, ACHIEVE THEIR HIGHEST LEVELS OF INDEPENDENCE. | $6,500 |
Rochester, NY PURPOSE: TO PROVIDE A LIVING AND WORKING ENVIRONMENT THAT SUPPORTS AND RESPECT INDIVIDUAL'S STRENGTHS AND NEEDS, TO PROVIDE OPPORTUNITIES TO MATURE, LEARN, AND GROW IN A LIFE OF DIGNITY, WORTH, AND EXPRESSION. | $5,040 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Maria M Love Convalescent Fund has recieved totaling $10,489.
| Awarding Organization | Amount |
|---|---|
The Cameron And Jane Baird Foundation Buffalo, NY PURPOSE: FINANCIAL ASSISTANCE FOR ERIE CO. RESIDENTS WITH MEDICAL CONDITIONS | $10,000 |
Kevin And Amy Quinlivan Family Foundation Buffalo, NY PURPOSE: ASSISTANCE TO RESIDENTS WITH MEDICALLY RELATED CONDITIONS | $476 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $13 |
Endowment Analysis
| Beg. Balance | $681,454 |
| Ending Balance | $588,039 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
South Middlesex Opportunity Council Inc Framingham, MA | $58,219,671 | $100,623,342 |
Bronxworks Inc Bronx, NY | $54,602,777 | $94,783,683 |
Sheltering Arms Children And Family Services Inc New York, NY | $61,235,788 | $88,686,017 |
North Shore Community Services Inc Westbury, NY | $256,637,537 | $86,285,675 |
Catholic Charities Of The Diocese Of Rochester Rochester, NY | $80,143,075 | $94,807,036 |
Community Assistance Resources & Extended Services Inc New York, NY | $66,076,171 | $123,796,849 |
Jewish Child Care Association Of New York Brooklyn, NY | $129,020,546 | $88,573,003 |
Urban Resource Institute New York, NY | $63,202,447 | $74,244,658 |
Mount Sinai Health System Executive V P For Finance New York, NY | $0 | $70,946,441 |
Birch Family Services Inc New York, NY | $68,113,610 | $78,917,553 |
Catholic Charities Of The Roman Catholic Diocese Of Syracuse Ny Syracuse, NY | $64,792,131 | $74,096,320 |
Mary Haven Center Of Hope Port Jefferson, NY | $26,765,963 | $57,662,471 |