Jane Addams Resource Corporation - Baltimore
- Assets
- $648.8k
- Revenue
- $975.9k
- Investments
- $0.0
- Employees
- 16
- Location
- Chicago, IL
- Founding
- 08/2016
- Data as of
- 06/2022
- EIN
- 47-3496019
Organization Overview
Jane Addams Resource Corporation - Baltimore is located in Chicago, IL. The organization was established in 2016. According to its NTEE Classification (J22) the organization is classified as: Job Training, under the broad grouping of Employment and related organizations. As of 06/2022, Jane Addams Resource Corporation - Baltimore employed 16 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Jane Addams Resource Corporation - Baltimore 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, Jane Addams Resource Corporation - Baltimore generated $975.9k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (2.3%) each year. All expenses for the organization totaled $1.1m during the year ending 06/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTE COMMUNITIES, BUSINESSES AND HOUSEHOLDS TO ENSURE THAT PEOPLE WHO WORK DO NOT LIVE IN POVERTY
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMPUTER NUMERICAL CONTROL (CNC) FAST TRACK - THE CNC FAST TRACK PROGRAM OFFERS 500 HOURS (OVER 20 WEEKS) OF HANDS-ON CNC MACHINE TRAINING. THE CURRICULUM PREPARES STUDENTS FOR ENTRY-LEVEL CNC OPERATOR POSITIONS BUT ALSO TRAINS STUDENTS IN SKILL SETS THAT ALLOW THEM TO ADVANCE UP THE CAREER LADDER INTO POSITIONS SUCH AS CNC SET-UP, PROGRAMMING AND QUALITY CONTROL.
BUSINESS AND WORKFORCE SERVICES - THE PROGRAM DESIGNS AND DELIVERS CUSTOMIZED TRAINING SOLUTIONS FOR MANUFACTURING COMPANIES.
WELDING FAST TRACK - THE WELDING FAST TRACK PROGRAM OFFERS 500 HOURS (OVER 20 WEEKS) OF HANDS-ON TRAINING, FOCUSED ON GAS METAL ARC WELDING (MIG). IN ADDITION TO MIG WELDING, TRAINEES ARE ALSO ABLE TO DEVELOP SOME BASIC SKILLS IN GAS TUNGSTEN ARC WELDING, STICK WELDING, AS WELL AS ROBOTIC WELDING. EXPOSURE TO OTHER TYPES OF WELDING MAKES TRAINEES MORE ATTRACTIVE TO EMPLOYERS AND SUPPORTS THEIR CAREER ADVANCEMENT.
MANUFACTURING FUNDAMENTALS - THE PROGRAM PREPARES JOB SEEKERS FOR ADVANCED MANUFACTURING TRAINING PROGRAMS, SUCH AS CNC AND WELDING FAST TRACK PROGRAMS, OR FOR ENTRY LEVEL EMPLOYMENT IN MANUFACTURING OR CONSTRUCTION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tammy Phillips Chair | OfficerTrustee | 2 | $0 |
Darnell Shields Vice Chair | OfficerTrustee | 2 | $0 |
Teaera Strum Vice Chair | OfficerTrustee | 2 | $0 |
Andrew Bray Secretary | OfficerTrustee | 2 | $0 |
Gary Smith Treasurer | OfficerTrustee | 2 | $0 |
Udayan Das Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $671,052 |
| All other contributions, gifts, grants, and similar amounts not included above | $304,220 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $975,272 |
| Total Program Service Revenue | $0 |
| Investment income | $612 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $975,884 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $591,074 |
| Pension plan accruals and contributions | $102,341 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $235,187 |
| Advertising and promotion | $0 |
| Office expenses | $12,474 |
| Information technology | $9,197 |
| Royalties | $0 |
| Occupancy | $51,570 |
| Travel | $3,596 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $645 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $24,508 |
| Insurance | $4,389 |
| All other expenses | $6,377 |
| Total functional expenses | $1,139,264 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $41,778 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $564,375 |
| 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 | $11,697 |
| Net Land, buildings, and equipment | $30,975 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $648,825 |
| Accounts payable and accrued expenses | $66,103 |
| 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 | $75,000 |
| Other liabilities | $148,897 |
| Total liabilities | $290,000 |
| Net assets without donor restrictions | $216,040 |
| Net assets with donor restrictions | $142,785 |
| 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 | $648,825 |