Tourism Cares Inc

Organization Overview

Tourism Cares Inc is located in Norwood, MA. The organization was established in 2005. According to its NTEE Classification (C12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Environment and related organizations. As of 12/2021, Tourism Cares Inc employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tourism Cares 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 12/2021, Tourism Cares Inc generated $1.2m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (5.4%) each year. All expenses for the organization totaled $1.1m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (3.5%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Tourism Cares Inc has awarded 34 individual grants totaling $410,720. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TOURISM CARES UNITES THE TRAVEL INDUSTRY AND IS A CATALYST OF POSITIVE SOCIAL, ENVIRONMENTAL AND ECONOMIC IMPACT FOR THE PEOPLE AND PLACES OF TRAVEL.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TOURISM CARES BELIEVES IN CREATING MEASURABLE AND SUBSTANTIVE CHANGE FOR LONG TERM DESTINATION IMPACT. IN ORDER FOR DESTINATIONS TO ENDURE FUTURE CHALLENGES, THEIR LOCAL COMMUNITIES MUST BE STRONG AND RESILIENT. BY INVOLVING MULTI-SECTOR STAKEHOLDERS IN THE DECISION MAKING PROCESS, DESTINATIONS ENSURE A STRONGER FUTURE THROUGH SUSTAINABLE TOURISM PLANNING. OUR PROGRAMS HIGHLIGHT HOW LOCAL ORGANIZATIONS ARE TRANSFORMING COMMUNITIES. TOURISM CARES HELPS TO CONNECT THESE LOCAL CHANGEMAKERS TO THE GREATER TOURISM MARKETPLACE THROUGH ITS CONVENINGS AND SOCIAL ENTERPRISE CONNECTIONS.FURTHER, TOURISM CARES USES THE UNITED NATIONS SUSTAINABLE DEVELOPMENT GOALS ("SDGS") TO HELP FRAME ITS GOALS FOR ITS PROGRAM SERVICE WORK. WE SPOTLIGHT HOW MEMBERS OF OUR COMMUNITY ARE ADVANCING THE SDGS THROUGH VALUE CHAIN INTEGRATION AND COLLABORATIVE PARTNERSHIPS, IN HOPES OF ENGAGING AND INSPIRING THE TRAVEL AND TOURISM INDUSTRY. WE UNDERSTAND THAT TOURISM CAN GENERATE GLOBAL IMPACT WHEN WE JOIN FORCES AND ACT, SO WE HARNESS THE STRENGTH OF OUR CONVENING POWER TO CREATE A RIPPLE EFFECT.


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Board, Officers & Key Employees

Name (title)Compensation
Greg Takehara
CEO
$128,380
Carolyn A Cauceglia
Immediate Past Chair
$0
Malia Asfour
Vice Chair
$0
Reagan Stulbaum
Secretary
$0
Robin Tauck
Chair
$0
Debbie Haas
Vice Chair
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$340,905
Fundraising events$0
Related organizations$0
Government grants $147,553
All other contributions, gifts, grants, and similar amounts not included above$500,629
Noncash contributions included in lines 1a–1f $85,395
Total Revenue from Contributions, Gifts, Grants & Similar$989,087
Total Program Service Revenue$0
Investment income $33,868
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $54,983
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,174,349

Grants Awarded

Over the last fiscal year, Tourism Cares Inc has awarded $58,790 in support to 4 organizations.

Grant RecipientAmount

Las Vegas, NV

PURPOSE: PROGRAMMATIC GRANT

$22,000

TRIPSCHOOL LLC

PURPOSE: PROGRAMMATIC GRANT

$18,375

ISLAND CONSERVATION

Org PageRecipient Profile

Santa Cruz, CA

PURPOSE: PROGRAMMATIC GRANT

$11,915

MEDIA ARTS INSTITUTE

Org PageRecipient Profile

Huntsville, AL

PURPOSE: PROGRAMMATIC GRANT

$6,500
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 3 grants that Tourism Cares Inc has recieved totaling $35,600.

Awarding OrganizationAmount
Collette Foundation

Pawtucket, RI

PURPOSE: SUPPORT MISSION

$20,000
Tauck Ritzau Innovative Philanthropy Inc

Wilmington, DE

PURPOSE: CHARITABLE EVENT

$10,000
Us Travel Association

Washington, DC

PURPOSE: PROGRAM SUPPORT

$5,600
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$914,825
Earnings$69,383
Net Contributions$10,000
Other Expense$74,827
Ending Balance$919,381

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