Westwood Community Chest
- Assets
- $282.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Westwood, MA
- Founding
- 04/2005
- Data as of
- 06/2022
- EIN
- 20-0542258
Organization Overview
Westwood Community Chest is located in Westwood, MA. The organization was established in 2005. 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. Westwood Community Chest 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, Westwood Community Chest generated $192.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.4% each year. All expenses for the organization totaled $91.2k during the year ending 06/2022. While expenses have increased by 1.3% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
FINANCIAL AWARDS PROVIDED TO MEMBERS OF THE TOWN HAVING SHORT TERM FINANCIAL DIFFICULTIES. AWARDS ARE GIVEN TO PROVIDE ASSISTANCE FOR UTILITIES, MEDICAL, RENT, CLOTHING, AND OTHER NECESSITIES.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lina Arena-Derosa Director | 3 | $0 | |
Roula Bakis Director | 3 | $0 | |
Kate Bradbury Director | 3 | $0 | |
Kim Chase Director | 3 | $0 | |
John Deckers Director | 3 | $0 | |
Rich DE Reyna Director | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $152,382 |
| Total Program Service Revenue | $47,118 |
| Membership dues | $0 |
| Investment income | $118 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$7,512 |
| Other Revenue | $0 |
| Total Revenue | $192,106 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $6,250 |
| Professional fees and other payments to independent contractors | $155 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $3,477 |
| Other expenses | $81,323 |
| Total expenses | $91,205 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $282,566 |
| Other assets | $0 |
| Total assets | $282,566 |
| Total liabilities | $0 |
| Net assets or fund balances | $282,566 |