Island Commons Resource Center
- Assets
- $1.8m
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 31
- Location
- Chebeague Island, ME
- Founding
- 08/1995
- Data as of
- 09/2021
- EIN
- 01-0496139
Organization Overview
Island Commons Resource Center is located in Chebeague Island, ME. The organization was established in 1995. According to its NTEE Classification (E99) the organization is classified as: Health Care N.E.C., under the broad grouping of Health Care and related organizations. As of 09/2021, Island Commons Resource Center employed 31 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Island Commons Resource Center 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 09/2021, Island Commons Resource Center generated $1.3m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 19.9% each year . All expenses for the organization totaled $905.4k during the year ending 09/2021. While expenses have increased by 10.6% per year over the past 6 years. They've been increasing with an increasing level of total revenue. 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
OPERATION OF A RESIDENTIAL CARE FACILITY FOR THE BENEFIT OF ELDERLY RESIDENTS OF CHEBEAGUE ISLAND.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION OF RESIDENTIAL CARE FACILITY ON CHEBEAGUE ISLAND, MAINE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Amy Rich Administrator | Officer | 40 | $64,290 |
Vicky Emery Secretary | OfficerTrustee | 1 | $0 |
Susan Stranahan President | OfficerTrustee | 1 | $0 |
Sharon Rent Vice President | OfficerTrustee | 1 | $0 |
K Brunelle - Rcc Business Services Treasurer | OfficerTrustee | 1 | $0 |
Sandra Mclean Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $97,186 |
| All other contributions, gifts, grants, and similar amounts not included above | $569,894 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $667,080 |
| Total Program Service Revenue | $646,313 |
| Investment income | $3,112 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $29,745 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,346,250 |
| 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. | $76,814 |
| Compensation of current officers, directors, key employees. | $76,814 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $527,167 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $9,951 |
| Payroll taxes | $49,816 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $11,691 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,721 |
| Advertising and promotion | $4,714 |
| Office expenses | $14,310 |
| Information technology | $1,389 |
| Royalties | $0 |
| Occupancy | $23,098 |
| 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 | $42,949 |
| Insurance | $30,284 |
| All other expenses | $59,496 |
| Total functional expenses | $905,447 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $78,882 |
| Savings and temporary cash investments | $19,220 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $33,515 |
| 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 | $2,175 |
| Net Land, buildings, and equipment | $498,388 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,141,653 |
| Total assets | $1,773,833 |
| Accounts payable and accrued expenses | $14,449 |
| 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 | $168,422 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $182,871 |
| Net assets without donor restrictions | $465,721 |
| Net assets with donor restrictions | $1,125,241 |
| 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 | $1,773,833 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Island Commons Resource Center has recieved totaling $172,371.
| Awarding Organization | Amount |
|---|---|
Raymond Family Foundation Trust Indenture Agreement Portland, OR PURPOSE: TO SUPPOT OPERATION OF AN ADULT FAMILY CARE HOME FOR THE BENEFIT OF ELDERLY RESIDENTS OF CHEBEAGUE ISLAND | $150,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HEALTH | $13,400 |
Recompense Fund Chebeague Island, ME PURPOSE: EXPAND ADDITIONAL IN-HOME SERVICES FOR ISLAND ELDERS | $8,645 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $276 |
Lincoln Financial Foundation Inc Radnor, PA PURPOSE: MATCHING GIFT | $50 |
Endowment Analysis
| Beg. Balance | $755,813 |
| Earnings | $300,206 |
| Admin Expense | $15,002 |
| Net Contributions | $85,385 |
| Ending Balance | $1,126,402 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Nordx Scarborough, ME | $62,155,079 | $87,579,107 |
Home Health & Hospice Care Merrimack, NH | $24,769,163 | $23,113,084 |
Vna At Hcs Inc Keene, NH | $9,766,426 | $18,124,886 |
Tri-County Mental Health Services Lewiston, ME | $7,983,072 | $15,678,818 |
Exeter Med Real Inc Exeter, NH | $48,444,143 | $7,175,126 |
Graniteone Health Manchester, NH | $1,202,880 | $8,160,739 |
Amistad Portland, ME | $577,709 | $2,429,831 |
New Hampshire Childrens Health Foundation Concord, NH | $26,766,436 | $331,723 |
Island Commons Resource Center Chebeague Island, ME | $1,773,833 | $1,346,250 |
Consumers For Affordable Health Care Foundation Augusta, ME | $490,802 | $679,805 |
New England Rural Health Roundtable Newfield, ME | $244,533 | $248,216 |
Friends Of Rockingham County Aging Adults Inc Windham, NH | $476,498 | $162,294 |