Connecticut Foodshare Inc
- Assets
- $64.6m
- Revenue
- $98.8m
- Investments
- $1.8m
- Employees
- 129
- Location
- Wallingford, CT
- Founding
- 08/1982
- Data as of
- 06/2022
- EIN
- 06-1063025
Organization Overview
Connecticut Foodshare Inc is located in Wallingford, CT. The organization was established in 1982. According to its NTEE Classification (K31) the organization is classified as: Food Banks & Pantries, under the broad grouping of Food, Agriculture & Nutrition and related organizations. As of 06/2022, Connecticut Foodshare Inc employed 129 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Connecticut Foodshare 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 06/2022, Connecticut Foodshare Inc generated $98.8m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.9% each year . All expenses for the organization totaled $98.3m during the year ending 06/2022. While expenses have increased by 13.0% per year over the past 7 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
THE MISSION OF THE CONNECTICUT FOODSHARE IS TO DELIVER AN INFORMED AND EQUITABLE RESPONSE TO HUNGER BY MOBILIZING COMMUNITY PARTNERS, VOLUNTEERS, AND SUPPORTERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOOD COLLECTION AND DISTRIBUTION - DURING THE TWELVE MONTHS ENDED JUNE 30, 2022, CONNECTICUT FOODSHARE DISTRIBUTED NEARLY 40 MILLION MEALS TO COMMUNITY-BASED PROGRAMS THAT SERVE PEOPLE IN NEED, INCLUDING FOOD PANTRIES, COMMUNITY KITCHENS AND MOBILE SITES. WE PARTNER WITH THE FOOD INDUSTRY - RETAILERS, FARMERS, AND MAUFACTURERS - TO RECLAIM SAFE FOOD THAT IS NOT SALABLE AND DISTRIBUTE IT TO LOCAL PROGRAMS THAT SERVE FAMILIES, CHILDREN, SENIORS, AND OTHERS IN NEED. WE FOCUS ON PROVIDING NUTRITIOUS FOOD OPTIONS TO IMPROVE THE HEALTH OF THE COMMUNITIES WE SERVE.
OUTREACH - IN ADDITION TO DISTRIBUTING FOOD TO MEET IMMEDIATE NEEDS, SOLVING AN ISSUE AS COMPLEX AS HUNGER REQUIRES DIFFERENT PARTS OF OUR COMMUNITY WORKING TOGETHER TOWARDS LONG-TERM SOLUTIONS. CONNECTICUT FOODSHARE RAISES AWARENESS ABOUT HUNGER TO MOBILIZE COMMUNITY ACTION AND CONDUCTS OUTREACH WITH PARTNER ORGANIZATIONS TO INCREASE THE NUMBER OF ELIGIBLE PEOPLE WHO PARTICIPATE IN FEDERAL NUTRITION PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Beth Stokes Chief Administrative Officer | 40 | $185,089 | |
Beverly Catchpole Chief Development Officer | Officer | 40 | $158,574 |
Johanna Fitzgerald Chief People Officer | 40 | $156,811 | |
Jason Jakubowski President And CEO | Officer | 40 | $149,002 |
Jeff Bartholomay VP & CFO | Officer | 40 | $110,937 |
Paul Shipman Sr. Dir. Of Network Res. | 40 | $110,848 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Feeding America Food Purchases | 6/29/22 | $3,406,239 |
Marc Food Purchases | 6/29/22 | $1,647,615 |
Rkd Group Direct Mail | 6/29/22 | $849,306 |
Asca Group Insurance #020480 Insurance | 6/29/22 | $1,234,557 |
Dandy Foods Inc Food Purchases | 6/29/22 | $898,856 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $538,106 |
| Related organizations | $0 |
| Government grants | $23,757,129 |
| All other contributions, gifts, grants, and similar amounts not included above | $74,308,996 |
| Noncash contributions included in lines 1a–1f | $69,426,965 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $98,604,231 |
| Total Program Service Revenue | $0 |
| Investment income | $151,757 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$61,066 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $98,816,890 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $70,999,664 |
| 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. | $892,358 |
| Compensation of current officers, directors, key employees. | $357,994 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $6,812,588 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,780,602 |
| Payroll taxes | $566,080 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $791,844 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,152,878 |
| Advertising and promotion | $0 |
| Office expenses | $444,391 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $416,850 |
| Travel | $61,048 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,483 |
| Interest | $16,532 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,071,100 |
| Insurance | $208,321 |
| All other expenses | $875,909 |
| Total functional expenses | $98,283,077 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,495,931 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $1,414,308 |
| Accounts receivable, net | $75,563 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $4,098,365 |
| Prepaid expenses and deferred charges | $330,921 |
| Net Land, buildings, and equipment | $14,941,154 |
| Investments—publicly traded securities | $35,458,215 |
| Investments—other securities | $1,773,184 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $64,587,641 |
| Accounts payable and accrued expenses | $1,765,694 |
| Grants payable | $0 |
| Deferred revenue | $668,071 |
| 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 | $95,644 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $2,529,409 |
| Net assets without donor restrictions | $57,788,442 |
| Net assets with donor restrictions | $4,269,790 |
| 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 | $64,587,641 |
Grants Awarded
Over the last fiscal year, Connecticut Foodshare Inc has awarded $70,758,609 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
TO VARIOUS ORGANIZATIONS IN FULFILLMENT OF ITS EXEMPT PURPOSE PURPOSE: ELIGIBLE NONPROFITS DISTRIBUTE FOOD TO HUNGRY PEOPLE | $70,713,208 |
Hartford, CT PURPOSE: TO SUPPORT IMPLEMENTATION OF CLIENT CHOICE AND INCREASE ACCESS TO NUTRITOUS FOOD AT PANTRIES | $10,000 |
Middletown, CT PURPOSE: TO SUPPORT IMPLEMENTATION OF CLIENT CHOICE AND INCREASE ACCESS TO NUTRITOUS FOOD AT PANTRIES | $9,000 |
FIRST BAPTIST CHURCH OF STRATFORD AGAPE FOOD PANTRY PURPOSE: TO SUPPORT IMPLEMENTATION OF CLIENT CHOICE AND INCREASE ACCESS TO NUTRITOUS FOOD AT PANTRIES | $7,500 |
Middletown, CT PURPOSE: TO SUPPORT IMPLEMENTATION OF CLIENT CHOICE AND INCREASE ACCESS TO NUTRITOUS FOOD AT PANTRIES | $6,818 |
Middletown, CT PURPOSE: TO SUPPORT IMPLEMENTATION OF CLIENT CHOICE AND INCREASE ACCESS TO NUTRITOUS FOOD AT PANTRIES | $6,273 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Connecticut Foodshare Inc has recieved totaling $7,700.
| Awarding Organization | Amount |
|---|---|
Warrior Food Project Inc Delray Beach, FL PURPOSE: Programs | $7,700 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Greater Boston Food Bank Inc Boston, MA | $80,463,627 | $187,976,800 |
Connecticut Foodshare Inc Wallingford, CT | $64,587,641 | $98,816,890 |
Foodshare Inc Bloomfield, CT | $22,505,719 | $52,446,003 |
Feedmore Western New York Inc Buffalo, NY | $12,964,755 | $36,110,080 |
Food Bank Of Central New York Syracuse, NY | $20,826,838 | $35,826,283 |
Feeding Westchester Inc Elmsford, NY | $20,334,551 | $33,036,793 |
Regional Food Bank Of N E Ny Inc Latham, NY | $37,973,323 | $34,272,661 |
Rhode Island Community Food Bank Association Providence, RI | $24,835,902 | $26,504,097 |
The Food Bank Of Western Massachusetts Inc Hatfield, MA | $32,478,592 | $28,657,996 |
Worcester County Food Bank Inc Shrewsbury, MA | $18,509,870 | $19,136,564 |
Masbia Of Queens Brooklyn, NY | $208,695 | $6,270,720 |
The Open Door Cape Ann Food Pantry Inc Gloucester, MA | $8,508,042 | $7,338,820 |