Gcc Foundation Inc
- Assets
- $612.4k
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 1
- Location
- Noblesville, IN
- Founding
- 09/2017
- Data as of
- 12/2021
- EIN
- 81-5340751
Organization Overview
Gcc Foundation Inc is located in Noblesville, IN. The organization was established in 2017. According to its NTEE Classification (X99) the organization is classified as: Religion-Related N.E.C., under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gcc 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 12/2021, Gcc Foundation Inc generated $1.1m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 38.5% each year . All expenses for the organization totaled $1.0m during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE GCC FOUNDATION EXISTS TO INSTILL HOPE, DIGNITY AND SUSTAINABLE CHANGE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE GCC FOUNDATION ACCOMPLISHES ITS MISSION THROUGH RESOURCING SUSTAINABLE CARE EFFORTS IN THE COMMUNITY, SPECIFICALLY THROUGH THE GRACE CARE CENTER WHICH PROVIDES CARE AND COMPASSION TO THE LOCAL COMMUNITY OF HAMILTON COUNTY AND NORTHERN MARION COUNTY, INDIANA THROUGH THE CHOICE FOOD PANTRY, REFERRAL SERVICES, VEHICLE SERVICES AND ESL SERVICES. THE FOUNDATION HAS BEEN MARKETING THE EFFORTS OF THE GRACE CARE CENTER TO CENTRAL INDIANA, AND CULTIVATING DONORS IN ORDER TO GROW AND SUSTAIN THE WORK OF THE GRACE CARE CENTER. THE FOUNDATION ALSO HELPED RESOURCE THE EFFORTS OF THE CARE CENTER IN 2021 AND ITS COVID RELIEF PROGRAMS. THE FOUNDATION PROVIDED GRANTS TO THE GRACE CARE CENTER TOTALING $802,550 IN 2021.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Keith Carlson Board Member/executive Director | OfficerTrustee | 40 | $88,552 |
Cara Augspurger Vice-Chairman, Secretary | OfficerTrustee | 5 | $0 |
Greg Guevera Chairman | OfficerTrustee | 3 | $0 |
Scott Quigley Treasurer | OfficerTrustee | 5 | $0 |
Marcus Casteel Board Member | Trustee | 8 | $0 |
Anthony Brock Board Member | Trustee | 6 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $500 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,055,399 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,055,899 |
| Total Program Service Revenue | $0 |
| Investment income | $6,473 |
| 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 | $1,062,372 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $802,550 |
| 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. | $123,975 |
| Compensation of current officers, directors, key employees. | $24,795 |
| 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 | $4,789 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $25,008 |
| Advertising and promotion | $7,449 |
| Office expenses | $17,219 |
| Information technology | $10,786 |
| 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 | $857 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $566 |
| Insurance | $0 |
| All other expenses | $12,497 |
| Total functional expenses | $1,005,696 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $612,000 |
| 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 | $425 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $612,425 |
| 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 | $579,514 |
| Net assets with donor restrictions | $32,911 |
| 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 | $612,425 |
Grants Recieved
Over the last fiscal year, we have identified 8 grants that Gcc Foundation Inc has recieved totaling $283,607.
| Awarding Organization | Amount |
|---|---|
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: POVERTY | $119,279 |
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $71,150 |
Schwab Charitable Fund San Francisco, CA PURPOSE: RELIGION RELATED | $50,500 |
Hamilton County Community Foundation Inc Fishers, IN PURPOSE: Mobile Choice Food Pantry | $25,000 |
Thrivent Financial For Lutherans Minneapolis, MN PURPOSE: General Support | $10,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $6,615 |
Endowment Analysis
| Beg. Balance | $26,791 |
| Net Contributions | $6,120 |
| Ending Balance | $32,911 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Our Lady Of Angels Retirement Home Joliet, IL | $4,374,771 | $9,679,285 |
Mount St Joseph Lake Zurich, IL | $18,625,069 | $8,392,155 |
Fabricators & Manufacturers Association International Elgin, IL | $36,664,883 | $10,492,496 |
St Josephs Home Of Springfield Springfield, IL | $6,765,138 | -$5,947,093 |
Plain Church Medical Group Inc Arthur, IL | $1,903,756 | $9,584,459 |
Lutheran Home For The Aged Development Corp Prairie View Luth Danforth, IL | $5,765,834 | $9,143,268 |
Indianapolis Center For Congregations Inc Indianapolis, IN | $32,027,513 | $626,552 |
Ssm Health Foundation St Louis St Louis, MO | $35,477,442 | $11,468,412 |
United Methodist Village Retirement Communities Inc Godfrey, IL | $18,283,549 | $6,023,474 |
Kentucky Refugee Ministries Inc Louisville, KY | $2,230,731 | $5,977,380 |
Maryhill Manor Inc Niagara, WI | $3,813,579 | $4,581,573 |
Lakeview Temple Inc Indianapolis, IN | $11,968,336 | $5,459,594 |