Joe & Helen M Clements Foundation 14753
- Assets
- $1.8m
- Revenue
- $126.6k
- Investments
- $1.8m
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 02/1976
- Data as of
- 07/2023
- EIN
- 74-6245117
Organization Overview
Joe & Helen M Clements Foundation 14753 is located in Chicago, IL. The organization was established in 1976. According to its NTEE Classification (P11) the organization is classified as: Single Organization Support, 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. Joe & Helen M Clements Foundation 14753 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 07/2023, Joe & Helen M Clements Foundation 14753 generated $126.6k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $127.0k during the year ending 07/2023. While expenses have increased by 2.6% per year over the past 5 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 2018, Joe & Helen M Clements Foundation 14753 has awarded 20 individual grants totaling $463,228. 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.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $73,458 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $53,100 |
| Capital Gain Net Income | $53,100 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $126,558 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $26,563 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,116 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $27,679 |
| Contributions, gifts, grants paid | $99,292 |
| Total expenses and disbursements | $126,971 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,620 |
| Savings and temporary cash investments | $22,982 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $103,660 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,811,779 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Joe & Helen M Clements Foundation 14753 has awarded $99,292 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
FATHER FLANAGANS BOYS' HOME PURPOSE: GENERAL | $24,823 |
CAL FARLEY'S BOYS RANCH PURPOSE: GENERAL | $24,823 |
WEST TEXAS BOYS RANCH PURPOSE: GENERAL | $24,823 |
NEW MEXICO BOYS RANCH FDTN PURPOSE: GENERAL | $24,823 |