Healing Racism Institute Of The Pioneer Valley Inc
- Assets
- $436.9k
- Revenue
- $213.2k
- Investments
- $0.0
- Employees
- 2
- Location
- Springfield, MA
- Founding
- Data as of
- 06/2023
- EIN
- 84-4944655
Organization Overview
Healing Racism Institute Of The Pioneer Valley Inc is located in Springfield, MA. According to its NTEE Classification (R30) the organization is classified as: Intergroup & Race Relations, under the broad grouping of Civil Rights, Social Action & Advocacy and related organizations. As of 06/2023, Healing Racism Institute Of The Pioneer Valley Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Healing Racism Institute Of The Pioneer Valley 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 06/2023, Healing Racism Institute Of The Pioneer Valley Inc generated $213.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (45.0%) each year. All expenses for the organization totaled $316.5k during the year ending 06/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF HEALING RACISM INSTITUTE OF PIONEER VALLEY, INC IS TO BUILD RACISM-FREE COMMUNITIES, ORGANIZATIONS AND INSTITUTIONS. THE ORGANIZATION IS GUIDED BY A DIVERSE GROUP OF INDIVIDUALS WHO BELIEVE THAT FACILITATING A SUSTAINED PROCESS OF UNDERSTANDING THE ROOT CAUSES AND IMPACT OF RACISM CAN SERVE AS A CATALYST TO OVERCOME THE HISTORIC AND ONGOING IMPACT OF RACISM ON OUR SOCIETY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE INSTITUTE'S SIGNATURE PROGRAM IS ITS TWO-DAY HEALING RACISM SESSIONS, WHICH PROVIDE A SAFE ENVIRONMENT TO LEARN ABOUT THE IMPACT OF RACISM ON OUR NATION AND COMMUNITY IN A PROCESS THAT IS ENGAGING AND TRANSFORMATIVE.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dora Robinson Director | Trustee | 1 | $0 |
Elizabeth Dineen Director | Trustee | 1 | $0 |
Ellen Freyman Director | Trustee | 1 | $0 |
Erica Broman Clerk | OfficerTrustee | 1 | $0 |
Frank Robinson Chair | OfficerTrustee | 1 | $0 |
Lidya Rivera Early Director | Trustee | 1 | $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 | $145,961 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $145,961 |
| Total Program Service Revenue | $67,211 |
| 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 | $213,172 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $125,077 |
| Compensation of current officers, directors, key employees. | $75,046 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $252 |
| Payroll taxes | $9,853 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $18,750 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $105,202 |
| Advertising and promotion | $0 |
| Office expenses | $19,628 |
| Information technology | $3,675 |
| Royalties | $0 |
| Occupancy | $2,928 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $27,417 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,875 |
| Insurance | $1,878 |
| All other expenses | $0 |
| Total functional expenses | $316,535 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $378,788 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $54,920 |
| 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 | $651 |
| Net Land, buildings, and equipment | $2,517 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $436,876 |
| Accounts payable and accrued expenses | $17,804 |
| 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 | $17,804 |
| Net assets without donor restrictions | $369,072 |
| Net assets with donor restrictions | $50,000 |
| 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 | $436,876 |