Food Bank Of Somerset County Inc

Organization Overview

Food Bank Of Somerset County Inc is located in Bound Brook, NJ. The organization was established in 1985. According to its NTEE Classification (K31) the organization is classified as: Food Banks & Pantries, under the broad grouping of Food, Agriculture & Nutrition and related organizations. As of 12/2021, Food Bank Of Somerset County Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Food Bank Of Somerset County Inc 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, Food Bank Of Somerset County Inc generated $2.8m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 17.9% each year . All expenses for the organization totaled $2.4m during the year ending 12/2021. While expenses have increased by 16.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE ORGANIZATION PROVIDES FOOD, EMERGENCY RELIEF ASSISTANCE AND PRESCRIPTION DRUG ASSISTANCE TO NEEDY PERSONS IN SOMERSET COUNTY, NEW JERSEY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

FOR THE FULL YEAR OVER 900,000 POUNDS OF FOOD WAS DISTRIBUTED TO APPROXIMATELY 3,000 FAMILIES IN 2020. THE ORGANIZATION ALSO DISTRIBUTED BAGS OF EASY TO PREPARE FOOD FOR ITS BACKPACK PROGRAM, WHICH SERVED APPROXIMATELY 600-800 CHILDREN EACH WEEK IN 16 ELEMENTARY SCHOOLS.THE ORGANIZATION OPERATES ADDITIONAL PROGRAMS, WHICH ASSISTED NEEDY PERSONS WITH THE FOLLOWING: PRESCRIPTION DRUG PURCHASES, FUNDING OF EYE EXAMS AND GLASSES, EMERGENCY UTILITY SHUTOFF PREVENTION AND HOLIDAY MEALS AND GIFTS.


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Board, Officers & Key Employees

Name (title)Compensation
Kimberly Cowart
Secretary
$0
John Patten
Vice President
$0
Daniel Fenco
Member
$0
Ellen Anne Adesso
Treasurer
$0
Gordon S White III
President
$0
George Mullen
Member
$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$2,837,749
Noncash contributions included in lines 1a–1f $1,757,670
Total Revenue from Contributions, Gifts, Grants & Similar$2,837,749
Total Program Service Revenue$0
Investment income -$1,159
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,836,590

Grants Recieved

Over the last fiscal year, we have identified 28 grants that Food Bank Of Somerset County Inc has recieved totaling $188,373.

Awarding OrganizationAmount
Community Foundation Of New Jersey

Morristown, NJ

PURPOSE: GENERAL SUPPORT

$85,250
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$20,979
Pvh Foundation Inc

New York, NY

PURPOSE: GENERAL DONATION

$15,000
Tyler Foundation

Lebanon, NJ

PURPOSE: GENERAL SUPPORT

$10,000
$10,000
Charities Aid Foundation America

Alexandria, VA

PURPOSE: CHARITABLE DONATION

$7,987
View Grant Recipient Profile

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