Oil Heat Cares Foundation
- Assets
- $87.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Cranford, NJ
- Founding
- 07/2005
- Data as of
- 12/2021
- EIN
- 20-2348856
Organization Overview
Oil Heat Cares Foundation is located in Cranford, NJ. The organization was established in 2005. According to its NTEE Classification (L81) the organization is classified as: Home Improvement & Repairs, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Oil Heat Cares 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 12/2021, Oil Heat Cares Foundation generated $7.1k 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 (18.0%) each year. All expenses for the organization totaled $16.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (11.9%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
OIL HEAT CARES ASSISTS NEEDY PERSONS AND ORGANIZATIONS WITH THE REPLACEMENT OF THEIR OIL HEATING APPLIANCE.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Bessette Chairperson | 3 | $0 | |
Bob O'brien Secretary | 3 | $0 | |
Paul Cuprewich Treasurer | 3 | $0 | |
Lisa Strug Executive Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,060 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $9 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $7,069 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,600 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $1,415 |
| Total expenses | $16,409 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $87,093 |
| Other assets | $0 |
| Total assets | $87,093 |
| Total liabilities | $0 |
| Net assets or fund balances | $87,093 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Oil Heat Cares Foundation has recieved totaling $16,943.
| Awarding Organization | Amount |
|---|---|
Network For Good Inc Washington, DC PURPOSE: Unrestricted | $16,943 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Tioga Opportunities Inc Owego, NY | $6,623,346 | $5,643,781 |
Puertorriguenos Asociados For Community Organization Inc Jersey City, NJ | $2,164,949 | $2,929,445 |
Rebuilding Together Philadelphia Philadelphia, PA | $1,909,589 | $2,697,411 |
Rebuilding Together Nyc Brooklyn, NY | $1,427,304 | $2,371,566 |
Margert Community Corporation Far Rockaway, NY | $3,330,961 | $2,086,587 |
Neighborhood Housing Services Of Brooklyn Cdc Inc Brooklyn, NY | $1,795,417 | $1,982,493 |
Lucille Clark Housing Development Fund Co Inc New York, NY | $2,660,768 | $778,673 |
The Parodneck Foundation For Self-H Elp Housing & Community Dvlpnt Inc New York, NY | $15,240,279 | $682,026 |
Northwest Pennsylvania Weatherization Inc Meadville, PA | $440,849 | $827,625 |
Stoneleigh Housing Inc Canastota, NY | $1,255,218 | $979,437 |
T A P Inc Troy, NY | $2,760,904 | $1,022,360 |
Weatherization Inc Huntingdon, PA | $44,234 | $508,306 |