International We Love U Foundation East Coast Region Inc
- Assets
- $1.7m
- Revenue
- $869.3k
- Investments
- $0.0
- Employees
- 1
- Location
- New Windsor, NY
- Founding
- 11/2016
- Data as of
- 12/2023
- EIN
- 81-4201854
Organization Overview
International We Love U Foundation East Coast Region Inc is located in New Windsor, NY. The organization was established in 2016. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. International We Love U Foundation East Coast Region 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, International We Love U Foundation East Coast Region Inc generated $869.3k in total revenue. All expenses for the organization totaled $679.9k during the year ending 12/2023. While expenses have increased by 96.2% 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
FOR A HAPPIER AND HEALTHIER SOCIETY THE INTERNATIONAL WELOVEU FOUNDAT ION CARRIES OUT IMPACTFUL ENVIRONMENTAL AND SOCIAL WELFARE INITIATIVES
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE INTL. WELOVEU FOUNDATION PROMOTES HEALTHY LIVING AND THE WELL-BEING OF ALL PEOPLE THROUGH BLOOD DRIVES. SINE 2004, WELOVEU HAS BEEN HOSTING BLOOD DRIVES IN SMALL AND LARGE SCALES TO SAVE LIVES AND COMBAT BLOOD SHORTAGES. IN 2023, WELOVEU HOSTED NUMEROUS BLOOD DRIVES TO PROVIDE PATIENTS WITH LIFE-SAVING RESOURCES.
THE INTERNATIONAL WELOVEU FOUNDATION PREPARES STUDENTS FOR THE SCHOOL YEAR BY PROVIDING BACKPACKS, SCHOOL SUPPLIES, DEVICES, AND WINTER CLOTHING. IN 2023, WELOVEU DONATED HUNDREDS OF BACKPACKS AND SCHOOL SUPPLIES TO EQUIP STUDENTS WITH THE TOOLS NEEDED TO REACH THEIR FULL POTENTIAL.
THE INTL. WELOVEU FOUNDATION CONCERNS FOR THE WELL-BEING OF YOUNG SCHOLARS WHO ARE TODAY'S LEADERS. PRESENTLY, THE YOUTH ARE FACING HIGH-LEVELS OF STRESS, ANXIETY, AND DEPRESSION, WITHOUT MANY RESOURCES TO HELP THEM COPE. AS A RESULT, THESE PRESSURES AFFECT THEIR ACADEMIC PATH. THE WELOVEU FOUNDATION TRANSFORMED AN EMPTY CLASSROOM INTO A CALMING ROOM FOR STUDENTS TO REGULATE THEIR EMOTIONS, DEBRIEF, AND RECEIVE PROPER COUNSELING INDIVIDUALLY OR IN GROUPS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dong Il Lee President | OfficerTrustee | $0 | |
Iven Rodriguez Vice President | OfficerTrustee | $0 | |
Rebecca Parker Secretary | OfficerTrustee | $0 | |
Paul Cha Treasurer | OfficerTrustee | $0 | |
John Casas VP Of Community Engage | Trustee | $0 | |
Victor Lozada VP Of Compliance | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $205,234 |
| Fundraising events | $59,818 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $501,647 |
| Noncash contributions included in lines 1a–1f | $323,239 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $766,699 |
| Total Program Service Revenue | $93,869 |
| 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 | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $869,331 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $341,176 |
| 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 | $29,827 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $2,828 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,320 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,355 |
| Advertising and promotion | $6,670 |
| Office expenses | $60,613 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $23,685 |
| Travel | $34,941 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $12,940 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $27,992 |
| Insurance | $20,072 |
| All other expenses | $107,499 |
| Total functional expenses | $679,918 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $446,295 |
| Savings and temporary cash investments | $508,296 |
| 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 | $67,729 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $657,155 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $500 |
| Total assets | $1,679,975 |
| Accounts payable and accrued expenses | $4,494 |
| 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 | $331,561 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $336,055 |
| Net assets without donor restrictions | $1,312,476 |
| Net assets with donor restrictions | $31,444 |
| 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 | $1,679,975 |
Grants Awarded
Over the last fiscal year, International We Love U Foundation East Coast Region Inc has awarded $315,875 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
VERSITI BLOOD CENTER PURPOSE: Save lives through blood | $47,100 |
LIFESTREAM PURPOSE: Save lives through blood | $129,000 |
CEDARS-SINAI MEDICAL CENTE PURPOSE: Save lives through blood | $67,725 |
FIENBERG FISHER K-8 CENTER PURPOSE: Bridging the digital gap | $19,136 |
BROWNSVILLE MIDDLE SCHOOL PURPOSE: Bridging the digital gap | $18,906 |
VERNON HILL SCHOOL PURPOSE: Closing the Homework Gap | $10,170 |