Merrimack Valley Dream Center Inc
- Assets
- $219.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lawrence, MA
- Founding
- 08/2017
- Data as of
- 12/2023
- EIN
- 81-4754411
Organization Overview
Merrimack Valley Dream Center Inc is located in Lawrence, MA. The organization was established in 2017. According to its NTEE Classification (P99) the organization is classified as: Human Services N.E.C., 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. Merrimack Valley Dream Center 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, Merrimack Valley Dream Center Inc generated $186.4k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 53.5% each year . All expenses for the organization totaled $139.4k during the year ending 12/2023. While expenses have increased by 48.8% per year over the past 3 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS TO OFFER HOPE AND RESTORATION TO INDIVIDUALS AND FAMILIES WHO SUFFER EMOTIONAL SPIRITUAL AND OR RELATIONAL HARDSHIPS BY PROVIDING SUSTAINABLE OUTREACH PROGRAMS. WE CURRENTLY FOCUS ON THE FOLLOWING: 1 BRIDGE MINISTRY. OUR TEAMS ARE WALK EVERY SATURDAY REGARDLESS OF THE WEATHER TO MEET PEOPLE WHERE THEY ARE AND PROVIDE BAGGED LUNCHES AND ESSENTIALS SUCH AS SOCKS GLOVES HATS AND PERSONAL CARE ITEMS AS WELL AS PRAYER AND UNCONDITIONAL LOVE TO PEOPLE WHO ARE HURTING; 2 SHUTTLE MINISTRY. MOST PEOPLE ENCOUNTERED IN THE BRIDGE MINISTRY DO NOT HAVE CARS SO WE OFFER RIDES TO CHURCH EVERY SUNDAY. 3 CELEBRATE RECOVERY. MEETING WEEKLY IN DOWNTOWN LAWRENCE CR PROGRAM OFFERS FREEDOM TO THE ADDICTED THROUGH THE CHRIST-CENTERED 12 STEP PROGRAM; 4 FOOD TRUCK. ONCE A MONTH WE PROVIDE BAGS OF NON-PERISHABLE FOOD TO THOSE LIVING IN ONE OF THE POOREST AREAS OF LAWRENCE; 5 MOBILE SHOWER OFFERS UNHOUSED RESIDENTS AN OPPORTUNITY FOR HOT SHOWERS 5 DAYS A WEEK.
Describe the Organization's Program Activity:
Part 3
ONCE A MONTH WE PROVIDE BAGS OF NON-PERISHABLE FOOD TO THOSE LIVING IN ONE OF THE POOREST AREAS OF LAWRENCE MA.
IN 2022 WE BEGAN THE MOBILE SHOWER PROGRAM BRINGING MOBILE SHOWERS TO THE HOMELESS PROVIDING NEW SOCKS AND UNDERGARMENTS AND PROVIDING REFERRALS TO OTHER SOCIAL SERVICES. THE PROGRAM HAS GROWN RAPIDLY SO WE WILL COMMISSION OUR SECOND MOBILE UNIT IN 2023.
SINCE ADOPT-A-BLOCK WAS ESTABLISHED IN THE YEAR 2020 MORE THAN 2,000 LIVES HAVE BEEN IMPACTED. THROUGH THIS OUTREACH THE DREAM CENTER PARTNERS WITH MANY VOLUNTEERS AND OTHER ORGANIZATIONS TO SERVE IN UNDERSERVED NEIGHBORHOODS WITH THE GOAL OF FINDING AND FILLING NEEDS. THESE OUTREACH PROGRAMS PROVIDE ASSISTANCE IN THE FORM OF FOOD CLOTHING HYGIENE ITEMS BACK 2 SCHOOL BACKPACKS THANKSGIVING BLESSING KITS AND MORE.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Julio Meran President And Executive Director | 20 | $0 | |
Ernest J Simmons Jr Treasurer | 6 | $0 | |
Carolyn Hanson Clerk | 5 | $0 | |
Jeff Cuscuna Vice President | 4 | $0 | |
Randolph Dominguez Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $168,159 |
| Total Program Service Revenue | $1,075 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $7,602 |
| Other Revenue | $9,597 |
| Total Revenue | $186,433 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $12,292 |
| Occupancy, rent, utilities, and maintenance | $4,950 |
| Printing, publications, postage, and shipping | $195 |
| Other expenses | $47,707 |
| Total expenses | $139,435 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $126,833 |
| Other assets | $0 |
| Total assets | $219,247 |
| Total liabilities | $0 |
| Net assets or fund balances | $219,247 |