Nssc Foundation

Organization Overview

Nssc Foundation is located in Northfield, IL. The organization was established in 1992. According to its NTEE Classification (P12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nssc 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 06/2022, Nssc Foundation generated $1.0m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.8% each year . All expenses for the organization totaled $1.2m during the year ending 06/2022. While expenses have increased by 1.2% 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

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE MISSION OF THE NSSC FOUNDATION THROUGH THE STEWARDSHIP AND GROWTH OF FINANCIAL ASSETS IS TO PROVIDE FINANCIAL SUPPORT NOW AND IN THE FUTURE TO THE NORTH SHORE SENIOR CENTER, A NOT-FOR-PROFIT ORGANIZATION, IN ITS PROVISION OF SERVICES FOR THE WELL-BEING OF OLDER ADULTS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE MISSION OF THE NSSC FOUNDATION THROUGH THE STEWARDSHIP AND GROWTH OF FINANCIAL ASSETS IS TO PROVIDE FINANCIAL SUPPORT NOW AND IN THE FUTURE TO THE NORTH SHORE SENIOR CENTER, A NOT-FOR-PROFIT ORGANIZATION, IN ITS PROVISION OF SERVICES FOR THE WELL-BEING OF OLDER ADULTS.


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Board, Officers & Key Employees

Name (title)Compensation
David Barth
Chairman
$0
Arthur Muir
Vice Chair
$0
Lori Rudnicki
President
$0
Gary Walther
Treasurer
$0
Rick Fisher
Secretary
$0
Dennis Cullen
Director
$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$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$0
Investment income $764,501
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $252,425
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,016,926

Grants Awarded

Over the last fiscal year, Nssc Foundation has awarded $868,196 in support to 2 organizations.

Grant RecipientAmount

NORTH SHORE SENIOR CENTER

PURPOSE: GENERAL ASSISTANCE

$748,196

NORTH SHORE SENIOR OPTIONS

PURPOSE: GENERAL ASSISTANCE

$120,000
View Grant Profile

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