Gaudenzia Foundation
- Assets
- $66.1m
- Revenue
- $6.2m
- Investments
- $0.0
- Employees
- 0
- Location
- Norristown, PA
- Founding
- 02/1981
- Data as of
- 06/2021
- EIN
- 23-2141307
Organization Overview
Gaudenzia Foundation is located in Norristown, PA. The organization was established in 1981. According to its NTEE Classification (J12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Employment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gaudenzia 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 06/2021, Gaudenzia Foundation generated $6.2m 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 (9.2%) each year. All expenses for the organization totaled $6.3m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (0.7%) per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
GATHERING OF CONTRIBUTIONS AND THE PERFORMANCE OF FUNDRAISING ACTIVITIES TO SUPPORT GAUDENZIA, INC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SHANNON HOUSE AND VANTAGE PROGRAMS EXIST TO PROVIDE AFFORDABLE HOUSING TO CLIENTS.
SHANNON HOUSE AND VANTAGE PROGRAMS EXIST TO PROVIDE AFFORDABLE HOUSING TO CLIENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Harle Pres. To 12/20; Director Start 1/21 | OfficerTrustee | 30 | $0 |
Richard Z Freemann Jr Chairperson | OfficerTrustee | 1 | $0 |
Maureen Q Dwyer ESQ Vice Chairperson | OfficerTrustee | 1 | $0 |
Daniel T Piscioneri Secretary And Treasurer | OfficerTrustee | 1 | $0 |
Gadi Aronson Chief Community Engagment Officer | Officer | 20 | $0 |
David Slinger CEO To 2/21; Pres. Start 3/21 | Officer | 30 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Jbl Construction Services Building Repair Services | 6/29/21 | $617,623 |
Bluestone Construction Services Building Repair Services | 6/29/21 | $488,913 |
Parker Paving Llc Building Repair Services | 6/29/21 | $298,100 |
Rick Orlando Building Repair Services | 6/29/21 | $245,400 |
Jbl Construction Services Building Repair Services | 6/29/21 | $617,623 |
Bluestone Construction Services Building Repair Services | 6/29/21 | $488,913 |
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 | $209,852 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $209,852 |
| Total Program Service Revenue | $38,683 |
| Investment income | $117,153 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $5,847,105 |
| 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 | $6,232,178 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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 | $659,024 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $217,146 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $27,988 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $208,840 |
| Advertising and promotion | $0 |
| Office expenses | $3,773 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $16,807 |
| Travel | $444 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $600,780 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,028,235 |
| Insurance | $279 |
| All other expenses | $80,732 |
| Total functional expenses | $6,311,856 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,500 |
| Savings and temporary cash investments | $878,916 |
| Pledges and grants receivable | $1,084,906 |
| Accounts receivable, net | $8,972,556 |
| 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 | $369,890 |
| Net Land, buildings, and equipment | $52,601,641 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $1,440,964 |
| Other assets | $793,732 |
| Total assets | $66,144,105 |
| Accounts payable and accrued expenses | $632,258 |
| Grants payable | $0 |
| Deferred revenue | $255,615 |
| Tax-exempt bond liabilities | $5,805,467 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $7,971,966 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $3,891,268 |
| Total liabilities | $18,556,574 |
| Net assets without donor restrictions | $22,546,435 |
| Net assets with donor restrictions | $25,041,096 |
| 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 | $66,144,105 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Gaudenzia Foundation has recieved totaling $7,200.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $7,200 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Gaudenzia Foundation Norristown, PA | $66,144,105 | $6,232,178 |
Northern Panhandle Workforce Development Board Inc Wheeling, WV | $343,750 | $3,119,612 |
Conrad & Caroline Jobst Foundation Brooklyn, OH | $13,269,033 | $2,392,631 |
Chesapeake Business Finance Corp Bethesda, MD | $704,830 | $800,703 |
Local 282 Job Training Trust Fund Lake Success, NY | $1,856,976 | $551,266 |
Elevate To Even Plus Incorporated Summit, NJ | $46,371 | $0 |
Working For Women Inc Kingston, NY | $340,055 | $347,373 |
Service Workers Coalition Incorporated Brooklyn, NY | $327 | $0 |
Good Job Angels Inc Great Neck, NY | $33,126 | $0 |
Troop C Health & Welfare Fund Hamilton Township, NJ | $66,869 | $0 |
Jobarr Foundation Inc Great Neck, NY | $341,634 | $12,295 |
Riley Olson Memorial Fund Inc Queensbury, NY | $16,407 | $36,960 |