Ignatian Lay Volunteer Corps

Organization Overview

Ignatian Lay Volunteer Corps is located in Baltimore, MD. The organization was established in 1946. According to its NTEE Classification (J22) the organization is classified as: Job Training, under the broad grouping of Employment and related organizations. As of 09/2023, Ignatian Lay Volunteer Corps employed 36 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Ignatian Lay Volunteer Corps 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 09/2023, Ignatian Lay Volunteer Corps generated $2.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.6% each year. All expenses for the organization totaled $2.5m during the year ending 09/2023. While expenses have increased by 6.1% per year over the past 7 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

IGNATIAN LAY VOLUNTEER CORPORATION (D/B/A IGNATIAN VOLUNTEER CORPS, D/B/A IVC) (THE ORGANIZATION) IS A RELIGIOUS NONPROFIT MARYLAND CORPORATION WHOSE PURPOSE IS TO PROVIDE MEN AND WOMEN AGE 50 AND OVER THE OPPORTUNITY TO SERVE THE NEEDS OF PEOPLE WHO ARE POOR, TO WORK FOR A MORE JUST SOCIETY, AND TO GROW DEEPER IN CHRISTIAN FAITH BY REFLECTING AND PRAYING IN THE IGNATIAN TRADITION. THE ORGANIZATION WAS FOUNDED BY JESUITS (SOCIETY OF JESUS) OF THE MARYLAND PROVINCE IN RESPONSE TO GENERAL CONGREGATION 34 OF THE SOCIETY OF JESUS. THE ORGANIZATION IS INDEPENDENT AND LAY LED, AND FIRMLY COMMITTED TO MAINTAINING ITS IGNATIAN CHARACTER AND ITS STRONG TIES TO THE SOCIETY OF JESUS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

RECRUIT, PLACE & SUPPORT VOLUNTEERS AGE 50 & OLDER FOR COMMUNITY SERVICE IN VARIOUS STATES. OFFERS A NATIONWIDE PROGRAM OF COMMUNITY SERVICE TO HELP INDIVIDUALS & FAMILIES IMPROVE THEIR QUALITY OF LIFE AS WELL AS PROVIDING MEANINGFUL SERVICE OPPORTUNITIES FOR ADULTS 50 AND OLDER AND AFFORDING THOSE SERVICE CORPS MEMBERS RESOURCES TO FACILITATE THEIR SPIRITUAL GROWTH. IT BUILDS ON EXISTING COMMUNITY RESOURCES, DEVELOPING PARTNERSHIPS WITH LOCAL NON-PROFIT AGENCIES WORKING TO STRENGTHEN AND SUPPORT COMMUNITIES AND THEIR RESIDENTS. IN THE CURRENT FISCAL YEAR, THE NUMBER OF SERVICE CORPS MEMBERS REMAINS ON TREND AT 449 VOLUNTEERS. SERVICE CORPS MEMBERS WORKED WITH LOCAL NONPROFITS IN THEIR COMMUNITIES DEDICATED TO HELPING PEOPLE IN NEED TO OVERCOME POVERTY AND STRUCTURAL BARRIERS TO ACHIEVE THEIR FULL POTENTIAL. SERVICE CORPS MEMBERS WORKED IN MANY SECTORS AND FUNCTIONS, APPLYING THEIR SKILLS AND EXPERIENCE IN EDUCATION, HOUSING, ADULT LITERACY, EMPLOYMENT, REFUGEE RESETTLEMENT, AND MANY OTHER AREAS. IVC RECOGNIZES THE SYMBIOTIC RELATIONSHIP BETWEEN OUR MEMBER'S SPIRITUALITY AND THEIR COMMITMENT TO SERVE THOSE IN NEED. WE BELIEVE WHEN A SERVICE CORPS MEMBER'S SPIRITUALITY IS FORTIFIED BY PRAYER, REFLECTION AND COMMUNITY, IT LEADS TO A VOLUNTEER EXPERIENCE FILLED WITH DEEP MEANING, COURAGE, AND HOPE! TO THAT END, THE MEMBERS OF THE IVC SERVICE CORPS MEET MONTHLY FOR COMMUNITY PRAYER AND SHARING ON THEIR SERVICE EXPERIENCES. THEY ARE ENCOURAGED TO KEEP A PRIVATE PRAYER JOURNAL AND MEET WITH A SPIRITUAL REFLECTOR TO HELP THEM SEE THEIR VOLUNTEER WORK AS AN EXPRESSION OF THEIR FAITH.


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Board, Officers & Key Employees

Name (title)Compensation
Mary Mcginnityex Officio
President & CEO
$105,000
Mark Adams
Director
$0
Jim Tracy
Treasurer
$0
Mary Baudouin
Director
$0
James Flemming Sj
Director
$0
Jim Conroy Sj
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$326,190
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$1,378,866
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,705,056
Total Program Service Revenue$867,038
Investment income $21,125
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events -$123,642
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,475,077

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