St Vincent Depaul Society Of Watertown Inc
- Assets
- $2.2m
- Revenue
- $451.8k
- Investments
- $0.0
- Employees
- 11
- Location
- Watertown, WI
- Founding
- 02/2007
- Data as of
- 09/2024
- EIN
- 39-1472927
Organization Overview
St Vincent Depaul Society Of Watertown Inc is located in Watertown, WI. The organization was established in 2007. According to its NTEE Classification (P99) the organization is classified as: Human Services N.E.C., under the broad grouping of Human Services and related organizations. As of 09/2024, St Vincent Depaul Society Of Watertown Inc employed 11 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. St Vincent Depaul Society Of Watertown 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 09/2024, St Vincent Depaul Society Of Watertown Inc generated $451.8k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.2%) each year. All expenses for the organization totaled $442.8k during the year ending 09/2024. As we would expect to see with falling revenues, expenses have declined by (1.6%) per year over the past 7 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
THE PRIMARY PURPOSE OF THIS GROUP IS TO HELP LESS FORTUNATE PEOPLE WHO ARE IN NEED OF FOOD, CLOTHING, SHELTER, AND MEDICAL COST. THIS IS DONE BY GRANTING APPLICANTS A SUM OF MONEY SO THEY ARE ABLE TRY AND MAINTAIN A MINIMUM STANDARD OF LIVING. ADDITIONALLY, THEY HELP VARIOUS NONPROFIT GROUPS BY MAKING CASH DONATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ST. VINCENT DE PAUL SOCIETY OF WATERTOWN WI HAS HELPED OVER 500 PEOPLE BY HELPING THEM IMPROVE THEIR STANDARD OF LIVING THROUGH THEIR GRANTS OF FOOD, CLOTHING, SHELTER, AND MEDICINE. THEY HAVE ALSO MADE CASH GRANTS TO VARIOUS ORGANIZATIONS, SO THAT THESE ORGANIZATIONS CAN CONTINUE TO DO POSITIVE THINGS FOR THE COMMUNITY OF WATERTOWN WI AND THE SURROUNDING COMMUNITIES.
THEY HAVE ALSO MADE CASH GRANTS TO VARIOUS ORGANIZATIONS, SO THAT THESE ORGANIZATIONS CAN CONTINUE TO DO POSITIVE THINGS FOR THE COMMUNITY OF WATERTOWN WI AND THE SURROUNDING COMMUNITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elgin Lumby Director | Trustee | 40 | $105,962 |
Randy G Dorn Secretary | Trustee | 20 | $3,309 |
Louis Hady President | Trustee | 0 | $0 |
John Wanke Director | Trustee | 0 | $0 |
Jerome Teska Treasurer | Trustee | 0 | $0 |
Pat Anfang Director | Trustee | 0 | $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 | $7,287 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,287 |
| Total Program Service Revenue | $394,258 |
| Investment income | $80,538 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$19,840 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$35,747 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $451,835 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $4,500 |
| Grants and other assistance to domestic individuals. | $49,158 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $109,271 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $117,185 |
| Pension plan accruals and contributions | $5,198 |
| Other employee benefits | $0 |
| Payroll taxes | $17,455 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $11,520 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $467 |
| Office expenses | $618 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $14,788 |
| Insurance | $18,764 |
| All other expenses | $13,378 |
| Total functional expenses | $442,811 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $384,968 |
| Savings and temporary cash investments | $1,653,996 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $126,260 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,165,224 |
| Accounts payable and accrued expenses | $22 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2 |
| Total liabilities | $24 |
| Net assets without donor restrictions | $2,165,200 |
| Net assets with donor restrictions | $0 |
| 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 | $2,165,224 |