Apm Cares Inc
- Assets
- $107.3k
- Revenue
- $366.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Roseville, CA
- Founding
- 11/2016
- Data as of
- 12/2023
- EIN
- 47-4604109
Organization Overview
Apm Cares Inc is located in Roseville, CA. The organization was established in 2016. According to its NTEE Classification (P12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Apm Cares 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 12/2023, Apm Cares Inc generated $366.7k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 13.8% each year . All expenses for the organization totaled $521.3k during the year ending 12/2023. While expenses have increased by 17.7% 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.
Since 2017, Apm Cares Inc has awarded 112 individual grants totaling $1,866,721. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
APM CARES INC. WAS FOUNDED TO ADVANCE THE AMERICAN PACIFIC MORTGAGE'S SOCIAL RESPONSIBILITY INITIATIVE BY ORGANIZING AND PROVIDING THE MEANS FOR THEIR EMPLOYEES AND PARTNERS TO SERVE OUR COMMUNITIES THROUGH FINANCIAL AND TIME DONATIONS. OUR MISSION IS TO EMPOWER AND SERVE INDIVIDUALS AND FAMILIES IN THE COMMUNITIES WE LIVE AND WORK IN BY FOSTERING OPPORTUNITIES FOR HOMEOWNERSHIP.
Describe the Organization's Program Activity:
Part 3 - Line 4a
APM CARES INC PROVIDED COMMUNITY OUTREACH SUPPORT TO MORE THAN 100+ LOCAL ORGANIZATIONS DURING THE YEAR.
THE APMCARES DREAM CHASER PROGRAM IS AN UP TO $5,000 AWARD PRESENTED TO AN APM EMPLOYEE, OR THEIR SPOUSE OR CHILD, TO START, CONTINUE, OR COMPLETE A DREAM. A DREAM CAN BE ANYTHINGPURSUING EDUCATION, ENTREPRENEURSHIP, INNOVATION, OR CREATIVITY! THERE ARE NO LIMITS! FIRST AND SECOND PLACE WINNERS WERE SELECTED TO RECEIVE AN AWARD TO CHASE THEIR DREAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kurt Reisig Chairman | OfficerTrustee | 1 | $0 |
Ned Payant Director | Trustee | 1 | $0 |
Tricia Sobon Director | Trustee | 1 | $0 |
Mathew Brinitzer Treasurer | OfficerTrustee | 1 | $0 |
Charles Nugent Secretary | OfficerTrustee | 1 | $0 |
Demetria Hudley Director | Trustee | 1 | $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 | $364,419 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $364,419 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $2,231 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $366,650 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $415,600 |
| Grants and other assistance to domestic individuals. | $8,500 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $78,065 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,060 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $100 |
| Advertising and promotion | $13,132 |
| Office expenses | $0 |
| 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 | $917 |
| Insurance | $716 |
| All other expenses | $0 |
| Total functional expenses | $521,279 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $103,215 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $4,083 |
| Other assets | $0 |
| Total assets | $107,298 |
| 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 | $107,295 |
| Net assets with donor restrictions | $3 |
| 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 | $107,298 |
Grants Awarded
Over the last fiscal year, Apm Cares Inc has awarded $213,815 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
THE VETERANS MOVEMENT FDTN PURPOSE: COMMUNITY OUTREACH | $30,000 |
TAKE A SOLDIER FISHING INC PURPOSE: COMMUNITY OUTREACH | $10,000 |
THE REFUGE CHURCH AT LONESTAR PURPOSE: COMMUNITY OUTREACH | $10,000 |
CAPSTONE COMMUNITY CHEST PURPOSE: COMMUNITY OUTREACH | $52,665 |
BOYS & GIRLS CLUBS OF HAWAII PURPOSE: COMMUNITY OUTREACH | $6,000 |
CASTLE ALUMNI COMMUNITY ASSOC PURPOSE: COMMUNITY OUTREACH | $10,000 |