Salem Dream Center
- Assets
- $83.8k
- Revenue
- $719.6k
- Investments
- $0.0
- Employees
- 4
- Location
- Salem, OR
- Founding
- 07/2014
- Data as of
- 06/2023
- EIN
- 46-3830031
Organization Overview
Salem Dream Center is located in Salem, OR. The organization was established in 2014. According to its NTEE Classification (K30) the organization is classified as: Food Programs, under the broad grouping of Food, Agriculture & Nutrition and related organizations. As of 06/2023, Salem Dream Center employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Salem Dream Center 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 06/2023, Salem Dream Center generated $719.6k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 21.9% each year . All expenses for the organization totaled $753.6k during the year ending 06/2023. While expenses have increased by 24.2% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO TRANSFORM OUR COMMUNITY THROUGH RELATIONSHIP.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2022-2023 100% OF YOUTH WHO PARTICIPATE IN THE SALEM DREAM CENTER PROGRAMS SUCCESSFULLY COMPLETE 12 YEARS OF EDUCATION AND 99% EITHER ENTER COLLEGE, TECHNICAL SCHOOL OR ARE FULLY EMPLOYED. 100% OF YOUTH PARTICIPATING IN SALEM DREAM CENTER PROGRAMS RECEIVED PASSING GRADES, COMPARED TO A NATIONAL FAILURE RATE OF 50% WITH STUDENTS OF COLOR AND OR LOW-INCOME STUDENTS. THE CRIME RATE IN THE COMMUNITY WHERE SALEM DREAM CENTER IS BASED DECLINED BY 5.7% DURING 2022-2023. THE JUVENILE CRIME RATE IN THE COMMUNITY WHERE SALEM DREAM CENTER IS BASED IS 29% LOWER THAN OTHER COMMUNITIES IN THE STATE WITH THE SAME DEMOGRAPHICS.
IN 2022-2023 SALEM DREAM CENTER REALIZED 24% GROWTH IN PARTICIPATION, WITH 47% OF THOSE PARTICIPATING LIVING BEYOND THE EDGEWATER COMMUNITY WHERE SALEM DREAM CENTERS COMMUNITY LEARNING CENTER IS LOCATED. THE 47% OF PARTICIPANTS WHO LIVE BEYOND WEST SALEM, HAVE BEEN REFERRED TO SALEM DREAM CENTER BY PROFESSIONALS SUCH AS SOCIAL WORKERS, SCHOOL COUNSELORS, AND MEMBERS OF LAW ENFORCEMENT. THEY HAVE BEEN TOLD THAT SALEM DREAM CENTER IS A SAFE, FAMILY FRIENDLY PLACE WHERE YOUTH CAN RECEIVE THE SUPPORT THEY NEED TO EXCEL IN SCHOOL AND IN LIFE.
IN 2022-2023 SALEM DREAM CENTER EXPANDED ALL YOUTH AND ADULT EDUCATIONAL PROGRAMS, AND ADDED MONTHLY GUEST SPEAKERS WHO PRESENT PROGRAMS THAT BENEFIT FAMILIES AND THE COMMUNITY, SUCH AS PROVIDING MEDICAL SUPPORT, HOUSING, IMMIGRATION, AND MORE. SALEM DREAM CENTER BEGAN WEEKLY FAMILY GAME AND MOVIE NIGHT WHICH PROVIDES FAMILIES WITH A SAFE AND FREE FAMILY FUN EVENING. CREATED A VIDEO GAMING NIGHT WHERE TEENS CAN COME TO A SAFE PLACE TO PLAY VIDEO GAMES, A FUNCTION WHICH HELPS GET TEENS OUT OF SELF-ISOLATION. ON MOST NIGHTS SALEM POLICE OFFICERS JOIN IN WITH THE GAMING, WHICH ADDS ANOTHER LEVEL OF MENTORSHIP.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeremey Haller Board Member | Trustee | 2 | $0 |
Robert Garcia Board Member | Trustee | 2 | $0 |
Shannon Redpath Board Member | Trustee | 2 | $0 |
Brandon Cole Board Member | Trustee | 2 | $0 |
Glenn White Board Member | Trustee | 2 | $0 |
Jessie Doneth Board Member, President | OfficerTrustee | 2 | $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 | $668,752 |
| Noncash contributions included in lines 1a–1f | $449,133 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $668,752 |
| Total Program Service Revenue | $0 |
| Investment income | $330 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $50,473 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $719,585 |
| 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. | $91,520 |
| Compensation of current officers, directors, key employees. | $18,304 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $79,994 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $6,988 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,593 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $14,826 |
| Advertising and promotion | $0 |
| Office expenses | $6,937 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $9,353 |
| Travel | $10,447 |
| 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 | $2,413 |
| Insurance | $5,004 |
| All other expenses | $19,113 |
| Total functional expenses | $753,628 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $54,273 |
| Savings and temporary cash investments | $0 |
| 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 | $29,567 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $83,840 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $66,565 |
| Net assets with donor restrictions | $17,275 |
| 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 | $83,840 |