Employees Community Fund Of The Boeing Company
- Assets
- $5.9m
- Revenue
- $5.0m
- Investments
- $0.0
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 04/2019
- Data as of
- 12/2023
- EIN
- 83-1408568
Organization Overview
Employees Community Fund Of The Boeing Company is located in Chicago, IL. The organization was established in 2019. According to its NTEE Classification (W12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Employees Community Fund Of The Boeing Company 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, Employees Community Fund Of The Boeing Company generated $5.0m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 19.4% each year .
Since 2020, Employees Community Fund Of The Boeing Company has awarded 1,004 individual grants totaling $26,321,019. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROACTIVELY INVOLVE BOEING EMPLOYEES IN SUPPORT OF COMMUNITY SERVICES WHERE THEY LIVE AND WORK.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EMPLOYEES COMMUNITY FUND OF BOEING MAKES CONTRIBUTIONS TO VARIOUS NONPROFIT ORGANIZATIONS THAT SUPPORT HUMAN SERVICES, EDUCATION AND COMMUNITY ENRICHMENT PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cheri Carter President | OfficerTrustee | 4 | $0 |
Sidney May Treasurer | OfficerTrustee | 4 | $0 |
Demi Hannon Vice President | OfficerTrustee | 4 | $0 |
John Sassaman Secretary | OfficerTrustee | 4 | $0 |
Shehnaz Spencer Board Member | Trustee | 4 | $0 |
Jacob Sims Board Member | Trustee | 4 | $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 | $5,011,261 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,011,261 |
| Total Program Service Revenue | $0 |
| 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 | $5,011,261 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $7,593,705 |
| 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 | $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 | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| 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 | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $7,607,247 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,486,426 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $365,906 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $5,852,332 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $235,500 |
| 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 | $235,500 |
| Net assets without donor restrictions | $5,244,553 |
| Net assets with donor restrictions | $372,279 |
| 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 | $5,852,332 |
Grants Awarded
Over the last fiscal year, Employees Community Fund Of The Boeing Company has awarded $6,750,141 in support to 223 organizations.
| Grant Recipient | Amount |
|---|---|
MULTICULTURAL CHILD AND FAMILY HOPE CENTER PURPOSE: COMMUNITY SUPPORT | $500,000 |
WHITE CENTER EMERGENCY FOOD ASSOCIATION PURPOSE: COMMUNITY SUPPORT | $500,000 |
WHITE CENTER COMMUNITY DEVELOPMENT ASSOCIATION PURPOSE: COMMUNITY SUPPORT | $495,393 |
YMCA OF GREATER SEATTLE PURPOSE: COMMUNITY SUPPORT | $350,000 |
CHILDRENS HOME SOCIETY OF WASHINGTON PURPOSE: COMMUNITY SUPPORT | $250,000 |
CASA LATINA PURPOSE: COMMUNITY SUPPORT | $238,155 |