Elgin Community Network
- Assets
- $48.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Elgin, IL
- Founding
- 06/2003
- Data as of
- 12/2019
- EIN
- 36-4486807
Organization Overview
Elgin Community Network is located in Elgin, IL. The organization was established in 2003. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Elgin Community Network 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 12/2019, Elgin Community Network generated $25.6k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 29.6% each year . All expenses for the organization totaled $44.3k during the year ending 12/2019. While expenses have increased by 30.8% per year over the past 5 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
2019
Describe the Organization's Program Activity:
Part 3
CREATION OF ELGIN ALIVE, AN EDUCATIONAL PROGRAM.DISTRIBUTION OF COMMUNITY BUILDER NEWSLETTER TO OVER30,000 HOUSEHOLDS. CREATION OF RECYCLING PROGRAM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tom Armstrong President | 4 | $0 | |
David Kaptan Executive Director | 4 | $0 | |
Sigi Psimenos Secretary | 2 | $0 | |
Kyla Jacobsen Treasurer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $25,573 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $66 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $25,639 |
| 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 | $365 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $43,947 |
| Total expenses | $44,312 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $48,394 |
| Other assets | $0 |
| Total assets | $48,394 |
| Total liabilities | $0 |
| Net assets or fund balances | $48,394 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Elgin Community Network has recieved totaling $50.
| Awarding Organization | Amount |
|---|---|
Motorola Solutions Foundation Chicago, IL PURPOSE: GENERAL OPERATING SUPPORT | $50 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Community Action Inc Of Rock And Walworth Counties Beloit, WI | $10,640,793 | $9,364,558 |
Health Care Coalition Of Lafayette County Lexington, MO | $6,605,075 | $10,749,967 |
Southwest Organizing Project Chicago, IL | $8,393,250 | $8,859,182 |
Better Family Life Inc Saint Louis, MO | $13,300,452 | $8,576,793 |
Impact Seven Incorporated Rice Lake, WI | $149,638,063 | $17,926,158 |
North Central Community Action Program Inc wisconsin rapids, WI | $2,366,497 | $7,790,312 |
Cortex St Louis, MO | $86,543,841 | $5,279,863 |
Chicago Community Loan Fund Chicago, IL | $136,728,558 | $16,943,178 |
Community Action Of Southern Indiana Inc Jeffersonville, IN | $1,581,999 | $6,952,233 |
Community Partnership Of The Ozark Inc Springfield, MO | $5,862,422 | $7,229,024 |
Regional Development Authority Davenport, IA | $4,541,432 | $7,109,702 |
Mission St Louis St Louis, MO | $2,979,826 | $6,823,271 |