Lgbt Community Charities Inc
- Assets
- $4.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Salem, MA
- Founding
- 06/2014
- EIN
- 46-2780502
Organization Overview
Lgbt Community Charities Inc is located in Salem, MA. The organization was established in 2014. According to its NTEE Classification (T70) the organization is classified as: Federated Giving Programs, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lgbt Community Charities 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 undefined, Lgbt Community Charities Inc generated $45.2k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 11.0% each year . All expenses for the organization totaled $45.4k during the year ending undefined. While expenses have increased by 11.4% per year over the past 4 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
Describe the Organization's Mission:
Part 3 - Line 1
TO ASSIST NOT-FOR-PROFITS IN WORKPLACE GIVING CAMPAIGNS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DURING 2017-2018, WE WORKED WITH ORGANIZATIONS TO HELP THEM PARTICIPATE IN AND RECEIVE FUNDING FROM THE COMBINED FEDERAL CAMPAIGN. THIS INVOLVED HELPING MEMBER CHARITIES PREPARE SUCCESSFUL APPLICATIONS, PROVIDING THEM ADVICE ON MARKETING, AND TRACKING AND DISTRIBUTING DONATIONS FROM THE CAMPAIGN. DURING THE FISCAL YEAR, WE MADE DISTRIBUTIONS OF OVER $57,400.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephan Gilchrist Vice President/treasurer | OfficerTrustee | 1 | $0 |
David Reiffel President | OfficerTrustee | 1 | $0 |
Judi Holley Secretary | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $38,886 |
| Total Program Service Revenue | $6,283 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $45,169 |
| Statement of Expenses | |
|---|---|
| Total expenses | $45,376 |
| Balance Sheet | |
|---|---|
| Total assets | $4,724 |
| Total liabilities | $2,689 |
| Net assets or fund balances | $2,035 |
Grants Awarded
Over the last fiscal year, Lgbt Community Charities Inc has awarded $25,416 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
Washington, DC PURPOSE: TO ASSIST IN THE ORGANIZATION'S EXEMPT PURPOSES. | $14,674 |
Washington, DC PURPOSE: TO ASSIST IN THE ORGANIZATION'S EXEMPT PURPOSES. | $5,629 |
AMERICAN MILITARY PARTNER ASSOCIATION THE PURPOSE: TO ASSIST IN THE ORGANIZATION'S EXEMPT PURPOSES. | $5,113 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Lgbt Community Charities Inc has recieved totaling $9,446.
| Awarding Organization | Amount |
|---|---|
Give Back Foundation Madison, WI PURPOSE: PROGRAM SUPPORT | $9,446 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
United Way Of Westchester And Putnam Inc White Plains, NY | $5,306,671 | $10,280,091 |
United Way Of Southeastern Conn Inc Gales Ferry, CT | $10,705,205 | $8,943,002 |
United Way Of Central Massachusetts Inc Worcester, MA | $17,606,516 | $12,267,996 |
Mosaic & Terrazzo Welfare Fund Long Island City, NY | $7,395,380 | $7,617,875 |
Major League Baseball Charities Inc New York, NY | $2,315,439 | $9,095,032 |
Supreme Council Benevolent Foundation Lexington, MA | $125,656,047 | $11,525,847 |
United Way Of Western Connecticut Inc Danbury, CT | $8,563,444 | $6,698,403 |
The Jewish Federation Of Greater New Haven Inc Woodbridge, CT | $16,539,651 | $6,887,092 |
Federation Of Protestant Welfare Agencies Inc New York, NY | $89,939,475 | $9,007,528 |
Jewish Federation Of Greater Hartford West Hartford, CT | $10,483,669 | $7,386,122 |
Jewish Community Foundation Of Greater Hartford Inc West Hartford, CT | $126,674,784 | $9,064,129 |
Boys Town Jerusalem Foundation Of America Inc New York, NY | $28,802,427 | $5,373,817 |