Arc Foundation Of Somerset County Inc

Organization Overview

Arc Foundation Of Somerset County Inc is located in Manville, NJ. The organization was established in 2003. According to its NTEE Classification (P82) the organization is classified as: Developmentally Disabled Centers, under the broad grouping of Human Services and related organizations. As of 06/2021, Arc Foundation Of Somerset County Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Arc Foundation 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 06/2021, Arc Foundation Of Somerset County Inc generated $416.8k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 12.1% each year . All expenses for the organization totaled $135.2k during the year ending 06/2021. 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 ARC FOUNDATION OF SOMERSET COUNTY IS DEDICATED TO ENHANCING THE QUALITY OF LIFE AND EXPANDING PROGRAMS AND SERVICES FOR INDIVIDUALS WITH INTELLECTUAL AND DEVELOPMENTAL DISABILITIES THROUGH THE PROCUREMENT OF GRANTS, FUNDRAISING, AWARENESS, EDUCATION, AND PUBLIC RELATIONS ACTIVITIES. THE VISION OF THE ARC FOUNDATION OF SOMERSET COUNTY IS TO ENSURE THE FINANCIAL VIABILITY OF THE ARC OF SOMERSET COUNTY'S PROGRAMS WHICH SUPPORT LIFETIME ACHIEVEMENT AND SUCCESS TO EACH OF THE INDIVIDUALS SERVED.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROMOTE AND SUPPORT THE INTERESTS AND PURPOSES OF THE ARC OF SOMERSET COUNTY


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Board, Officers & Key Employees

Name (title)Compensation
Lauren Frary
Secretary
$0
Christopher Corvino
Member
$0
Scott Ritter
President
$0
Brian Bosenberg
Vice President
$0
Vincent Lombardo
Member
$0
Mark Mcdonough
Treasurer
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$118,540
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$299,336
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$417,876
Total Program Service Revenue$0
Investment income $11,363
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$6,171
Net Income from Fundraising Events -$6,283
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $416,785

Grants Recieved

Over the last fiscal year, we have identified 3 grants that Arc Foundation Of Somerset County Inc has recieved totaling $10,664.

Awarding OrganizationAmount
American Endowment Foundation

Hudson, OH

PURPOSE: HUMAN SERVICE

$10,000
Lpl Financial Foundation Inc

Boston, MA

PURPOSE: OPERATIONAL SUPPORT

$500
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$164
View Grant Recipient Profile

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