Greater Chesapeake Charitable Foundation Inc
- Assets
- $392.9k
- Revenue
- $92.8k
- Investments
- $359.3k
- Employees
- 0
- Location
- Baltimore, MD
- Founding
- 05/1982
- Data as of
- 06/2023
- EIN
- 52-1233567
Organization Overview
Greater Chesapeake Charitable Foundation Inc is located in Baltimore, MD. The organization was established in 1982. 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. Greater Chesapeake Charitable Foundation 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 06/2023, Greater Chesapeake Charitable Foundation Inc generated $92.8k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 18.3% each year . All expenses for the organization totaled $111.7k during the year ending 06/2023. While expenses have increased by 19.1% 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
GREATER CHESAPEAKE CHARITABLE FOUNDATION'S MISSION IS TO IMPROVE THE PHYSICAL AND FINANCIAL WELLNESS OF MARYLANDERS IN NEED BY VOLUNTEERING TIME AND DONATING RESOURCES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONDUCT OF COMMUNITY SERVICE PROJECTS / EVENTS TO RAISE FUNDS FOR CHARITABLE ORGANIZATIONS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Katherine Caple Executive Director | OfficerTrustee | 1 | $3,300 |
Steve Pursley Director | Trustee | 0.25 | $0 |
Monique Spagnola Vice President/director | OfficerTrustee | 0.5 | $0 |
Sandra S Patterson Treasurer/ Director | OfficerTrustee | 0.5 | $0 |
Geoff Suval Director | Trustee | 0.25 | $0 |
Lori Houser Director | Trustee | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $88,494 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $11,771 |
| Noncash contributions included in lines 1a–1f | $55,350 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $100,265 |
| Total Program Service Revenue | $0 |
| Investment income | $5,417 |
| Tax Exempt Bond Proceeds | $1,434 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $5,320 |
| Net Income from Fundraising Events | -$19,622 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $92,814 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $96,952 |
| 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. | $3,300 |
| Compensation of current officers, directors, key employees. | $3,300 |
| 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 | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,010 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $3,461 |
| Information technology | $1,428 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $524 |
| Total functional expenses | $111,675 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $33,580 |
| 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 | $359,334 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $392,914 |
| 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 | $392,914 |
| Net assets with donor restrictions | $0 |
| 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 | $392,914 |
Grants Awarded
Over the last fiscal year, Greater Chesapeake Charitable Foundation Inc has awarded $32,500 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
UNITED WAY OF CENTRAL MARYLAND PURPOSE: TO DONATE TOYS TO CHILDREN IN THE HOSPITAL FOR THE HOLIDAYS. | $7,500 |
ARAMINTA PURPOSE: DONATION TO ARAMINTA. | $15,000 |
CENTER FOR ADOPTION SUPPORT & EDUCATION (CASE) PURPOSE: DONATION TO CENTER FOR ADOPTION SUPPOT & EDUCATION (C.A.S.E). | $10,000 |