Jewish Community Endowment Associates
- Assets
- $1.1m
- Revenue
- $113.3k
- Investments
- $1.0m
- Employees
- 0
- Location
- Bangor, ME
- Founding
- 10/1967
- Data as of
- 12/2021
- EIN
- 01-6020765
Organization Overview
Jewish Community Endowment Associates is located in Bangor, ME. The organization was established in 1967. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Jewish Community Endowment Associates 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 12/2021, Jewish Community Endowment Associates generated $113.3k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 14.2% each year . All expenses for the organization totaled $63.5k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Arnold Berleant Director | 1 | $0 | |
Gary Ross Director | 1 | $0 | |
Stuart Kestenbaum Treasurer | 1 | $0 | |
Debbi Rosenthal Director | 1 | $0 | |
Zev Myerowitz Director | 1 | $0 | |
Melissa Ladenheim Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,602 |
| Interest on Savings | $0 |
| Dividends & Interest | $26,045 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $85,673 |
| Capital Gain Net Income | $85,673 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $113,320 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,869 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $249 |
| Total operating and administrative expenses | $11,552 |
| Contributions, gifts, grants paid | $51,909 |
| Total expenses and disbursements | $63,461 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,764 |
| Savings and temporary cash investments | $92,817 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $518,597 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,127,872 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $7,600 |
| Total liabilities | $7,600 |
Grants Awarded
Over the last fiscal year, Jewish Community Endowment Associates has awarded $51,909 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
CONGREGATION BETH EL-509(A)(1) PURPOSE: GENERAL SUPPORT | $24,000 |
CONGREGATION OF BETH ABRAHAM-509A1 PURPOSE: GENERAL SUPPORT | $8,741 |
CONGREGATION BETH ISRAEL-509(A)(1) PURPOSE: GENERAL SUPPORT | $8,158 |
Bangor, ME PURPOSE: GENERAL SUPPORT | $5,000 |
UNIVERSITY OF MAINE PURPOSE: HILLEL/JUDAIC STUDIES | $4,600 |
THE WILSON CENTER PURPOSE: GENERAL SUPPORT | $1,410 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Community Colleges Of New Hampshire Foundation Concord, NH | $6,010,918 | $979,951 |
Friends In Action Durham, NH | $393,007 | $310,698 |
Friends Of Mascoma Foundation Canaan, NH | $420,014 | $333,255 |
North Haven Foundation Rockland, ME | $4,860,567 | $621,495 |
Manchester Masonic Temple Association Manchester, NH | $1,932,525 | $188,820 |
Islesboro Community Fund Islesboro, ME | $620,920 | $217,123 |
Dover Rotary Charities Dover, NH | $106,765 | $186,543 |
Jewish Community Endowment Associates Bangor, ME | $1,127,872 | $113,320 |
Sargent Family Community Fund Rangeley, ME | $19,601 | $0 |
Unobskey Foundation Robbinston, ME | $560,654 | $52,609 |
Saint Andrews Free Bed Fund Boothbay Harbor, ME | $2,269,408 | $101,329 |
Dublin Community Foundation Dublin, NH | $281,470 | $57,807 |