Fund Community Institute is located in Berwyn, IL. The organization was established in 2017. According to its NTEE Classification (S05) the organization is classified as: Research Institutes & Public Policy Analysis, 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. Fund Community Institute 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, Fund Community Institute generated $65.8k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.7% each year. All expenses for the organization totaled $102.6k during the year ending 12/2023. 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 Program Activity:
Part 3
FUND COMMUNITY INSTITUTE IS ORGANIZED TO BUILD THRIVING COMMUNITIES THROUGH RESEARCH, TRAINING AND FACILITATION OF OPPORTUNITIES FOR KNOWLEDGE SHARING, CHARITABLE AND EDUCATIONAL PURPOSES INCLUDING,FOR SUCH PURPOSES, THE MAKING OF DISTRIBUTIONS THAT QUALIFY AS EXEMPT ORGANIZATIONS UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Ruth Barber Treasurer | 2 | $0 | |
Caitlin Solander Board Member | 2 | $0 | |
Dawn Akers Board Member | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $65,750 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $65,750 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $60,588 |
Professional fees and other payments to independent contractors | $25,750 |
Occupancy, rent, utilities, and maintenance | $822 |
Printing, publications, postage, and shipping | $283 |
Other expenses | $15,150 |
Total expenses | $102,593 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $142,611 |
Other assets | $0 |
Total assets | $142,611 |
Total liabilities | $9,486 |
Net assets or fund balances | $133,125 |