Vincent Club is located in Boston, MA. The organization was established in 1959. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Vincent Club 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 06/2022, Vincent Club generated $703.6k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.9% each year. All expenses for the organization totaled $592.0k during the year ending 06/2022. While expenses have increased by 5.0% per year over the past 8 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
AN ORGANIZATION DEDICATED TO SUPPORTING THE HEALTH AND WELL-BEING OF WOMEN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE VINCENT CLUB RAISES FUNDS FOR THE BENEFIT OF WOMENS HEALTH AT MASSACHUSETTS GENERAL HOSPITAL BY HOLDING FUNDRAISING AND EDUCATIONAL EVENTS THROUGHOUT THE FISCAL YEAR.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Deborah Lewis President (2021-2023) | OfficerTrustee | 4 | $0 |
Eliza Cushman Asst. Treasurer | OfficerTrustee | 1 | $0 |
Kimberly Amsden Secretary (2020-2024) | OfficerTrustee | 1 | $0 |
Lucy Archibald Co-Vice President, Events (2019-2022) | Trustee | 1 | $0 |
Jane Roy Co-Vice President, Events (2019-2023) | Trustee | 1 | $0 |
Pat Carucci 2020-2024 Vice President Development | Trustee | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $435,307 |
| Investment income | $86,426 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$1,990 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $703,609 |
| Statement of Expenses | |
|---|---|
| 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 to disqualified persons | $0 |
| Other salaries and wages | $62,781 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $879 |
| Payroll taxes | $6,435 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $34,632 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $2 |
| Fees for services: Other | $1,168 |
| Advertising and promotion | $0 |
| Office expenses | $35,516 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $7,338 |
| 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 | $52,642 |
| Insurance | $15,285 |
| All other expenses | $0 |
| Total functional expenses | $591,981 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $444,498 |
| Savings and temporary cash investments | $202,064 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $20,000 |
| 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 | $1,388 |
| Investments—publicly traded securities | $703,378 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,039,540 |
| Accounts payable and accrued expenses | $2,222 |
| Grants payable | $300,000 |
| Deferred revenue | $22,950 |
| 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 | $917 |
| Total liabilities | $326,089 |
| Net assets without donor restrictions | $2,591,512 |
| Net assets with donor restrictions | $121,939 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $2,713,451 |