Lourdes Employeees Charitable Contribution Organization is located in Binghamton, NY. The organization was established in 1980. According to its NTEE Classification (T01) the organization is classified as: Alliances & Advocacy, 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. Lourdes Employeees Charitable Contribution Organization 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, Lourdes Employeees Charitable Contribution Organization generated $47.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (7.6%) each year. All expenses for the organization totaled $38.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (12.3%) per year over the past 6 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
THE FUND MAKES GRANTS DIRECTLY TO LOURDES HOSPITAL EMPLOYEES WHO EXPERIENCE SERIOUS ECONOMIC HARDSHIP. FUNDS ARE ALLOCATED BY AN EMPLOYEE COMMITTEE. IN 2021, GRANTS WERE MADE TO 37 EMPLOYEES AND 2 CHARITABLE ORGANIZATIONS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Heather Button President | 2 | $0 | |
Sharon Collett Vice President | 2 | $0 | |
Donna Rathbun Recording Secretary | 2 | $0 | |
David Clements Treasurer | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $46,960 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $12 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $46,972 |
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 | $0 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $52 |
Total expenses | $38,004 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $56,838 |
Other assets | $0 |
Total assets | $56,838 |
Total liabilities | $0 |
Net assets or fund balances | $56,838 |
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