Memory Bridge The Foundation For Alzheimers And Cultural Memory
- Assets
- $21.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Bloomington, IN
- Founding
- 10/2005
- Data as of
- 04/2021
- EIN
- 20-0972992
Organization Overview
Memory Bridge The Foundation For Alzheimers And Cultural Memory is located in Bloomington, IN. The organization was established in 2005. According to its NTEE Classification (G83) the organization is classified as: Alzheimers Disease, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Memory Bridge The Foundation For Alzheimers And Cultural Memory 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 04/2021, Memory Bridge The Foundation For Alzheimers And Cultural Memory generated $64.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (12.7%) each year. All expenses for the organization totaled $56.8k during the year ending 04/2021. As we would expect to see with falling revenues, expenses have declined by (21.2%) per year over the past 4 years. 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 |
|---|---|---|---|
Carla Borden Secretary | 1 | $0 | |
June Kinoshita Board Member | 1 | $0 | |
Michael Verde President | 40 | $0 | |
Dwaine Augustine Board Member | 1 | $0 | |
Phil Stafford Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $64,325 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $64,325 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $56,750 |
| Total expenses | $56,750 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $21,243 |
| Other assets | $0 |
| Total assets | $21,243 |
| Total liabilities | $1,229 |
| Net assets or fund balances | $20,014 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Memory Bridge The Foundation For Alzheimers And Cultural Memory has recieved totaling $27,500.
| Awarding Organization | Amount |
|---|---|
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: FOR GRANT RECIPIENT'S EXEMPT PURPOSES | $27,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Alzheimers Disease International- The International Federation Of Lincolnshire, IL | $1,870,718 | $2,118,188 |
Memory Care Home Solutions St Louis, MO | $2,683,564 | $1,559,901 |
Cure Alzheimers Network Chicago, IL | $4,999 | $0 |
Bev Roy Hope Foundation Saint Charles, MO | $28,434 | $0 |
Pulaski County Alzheimers Disease Support Group Inc Somerset, KY | $238,189 | $0 |
Memory Bridge The Foundation For Alzheimers And Cultural Memory Bloomington, IN | $21,243 | $0 |
Race To Remember Inc Fishers, IN | $20,200 | $0 |
Pearls Memory Babies Incorporated Shepherdsville, KY | $207,733 | $0 |