Wex Cares Foundation Inc

Organization Overview

Wex Cares Foundation Inc is located in Portland, ME. The organization was established in 2018. According to its NTEE Classification (P60) the organization is classified as: Emergency Assistance, 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. Wex Cares 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 12/2023, Wex Cares Foundation Inc generated $42.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (22.0%) each year. All expenses for the organization totaled $41.1k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

WEX CARES FOUNDATION, INC. PRINCIPAL ACTIVITY IS TO PROVIDE ASSISTANCE TO PRESENT AND FUTURE EMPLOYEES OF WEX WHO ARE VICTIMS OF QUALIFIED DISASTERS, OR OTHER PERSONAL HARDSHIPS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SEE SCHEDULE O


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Board, Officers & Key Employees

Name (title)Compensation
Hilary Rapkin
Chair, Treasurer
$0
Melissa Dudley
Director, Secretary
$0
Jodi-Ann Johnson
Director
$0
Katie Denoia
Director
$0
Carlos Escobar
Director
$0
Christopher Lerum
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$41,773
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$41,773
Total Program Service Revenue$0
Investment income $798
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 $42,571

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