Soaring Eage Community Development Corp
- Assets
- $942.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Waukegan, IL
- Founding
- 03/2015
- Data as of
- 12/2020
- EIN
- 47-2439776
Organization Overview
Soaring Eage Community Development Corp is located in Waukegan, IL. The organization was established in 2015. According to its NTEE Classification (J22) the organization is classified as: Job Training, under the broad grouping of Employment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Soaring Eage Community Development Corp 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 12/2020, Soaring Eage Community Development Corp generated $72.6k in total revenue. The organization has seen a slow decline revenue. Over the past 2 years, revenues have fallen by an average of (1.3%) each year. All expenses for the organization totaled $71.7k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (1.8%) per year over the past 2 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
Part 3
PROVIDED FOOD TO ABOUT 3000 FAMILIES DURING COVIDE-19 PANDEMIC. PROVIDE INFORMATIOM REGARDING COVID-19 TO THE COMMUNITY AND RESOURCES AVAILABLE. PROVIDE NON-PARTISAN LOCAL NEWS. REACHED 16000 MONTHLY.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elroy Reed CEO | 20 | $14,400 | |
Mike Mayfield Distribution Director | 5 | $14,400 | |
Pamela Shadell-Mason Secretary | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $72,592 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $72,592 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $24,000 |
| Professional fees and other payments to independent contractors | $14,400 |
| Occupancy, rent, utilities, and maintenance | $22,500 |
| Printing, publications, postage, and shipping | $10,750 |
| Other expenses | $0 |
| Total expenses | $71,650 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $942 |
| Other assets | $0 |
| Total assets | $942 |
| Total liabilities | $0 |
| Net assets or fund balances | $942 |
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