Northeast Community Fund
- Assets
- $4.0m
- Revenue
- $2.6m
- Investments
- $0.0
- Employees
- 27
- Location
- Decatur, IL
- Founding
- 05/1970
- Data as of
- 03/2022
- EIN
- 37-0912488
Organization Overview
Northeast Community Fund is located in Decatur, IL. The organization was established in 1970. According to its NTEE Classification (T70) the organization is classified as: Federated Giving Programs, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 03/2022, Northeast Community Fund employed 27 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Northeast Community Fund 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 03/2022, Northeast Community Fund generated $2.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 29.0% each year . All expenses for the organization totaled $2.3m during the year ending 03/2022. While expenses have increased by 21.6% 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
FOOD/CLOTHING FOR THE NEEDY, ASSISTANCE FOR UTILITIES, MEDICAL EXPENSE, RENT, TRANSPORTATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
DISTRIBUTE FOOD AND CLOTHING TO INDIVIDUALS IN THE COMMUNITY.
HELP INDIVIDUALS IN THE COMMUNITY WITH UTILITIES, MEDICAL EXPENSE, RENT, TRANSPORTATION, AND FINANCIAL COUNSELING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Angel Lawrence Executive Director | Officer | 40 | $80,875 |
Jerry Pelz Director | Trustee | 1 | $7,220 |
Regan Deering President | OfficerTrustee | 1 | $0 |
James Schroeder Treasurer | OfficerTrustee | 1 | $0 |
Mike Baggett Secretary | OfficerTrustee | 1 | $0 |
Frank Whitehead Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $440,300 |
| Membership dues | $0 |
| Fundraising events | $16,959 |
| Related organizations | $0 |
| Government grants | $45,226 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,995,697 |
| Noncash contributions included in lines 1a–1f | $1,112,661 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,498,182 |
| Total Program Service Revenue | $7,512 |
| Investment income | $31,463 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $11,900 |
| Net Gain/Loss on Asset Sales | $3,697 |
| Net Income from Fundraising Events | $16,959 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,581,534 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $255,957 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $90,845 |
| Compensation of current officers, directors, key employees. | $25,109 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $322,492 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $2,363 |
| Fees for services: Other | $25,896 |
| Advertising and promotion | $6,380 |
| Office expenses | $1,001 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $20,290 |
| Travel | $4,990 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $128,386 |
| Insurance | $12,111 |
| All other expenses | $1,941 |
| Total functional expenses | $2,260,694 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $321,207 |
| Savings and temporary cash investments | $861,780 |
| Pledges and grants receivable | $11,008 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $2,189,573 |
| Investments—publicly traded securities | $482,289 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $91,079 |
| Total assets | $3,956,936 |
| Accounts payable and accrued expenses | $8,022 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $8,022 |
| Net assets without donor restrictions | $3,727,405 |
| Net assets with donor restrictions | $221,509 |
| 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 | $3,956,936 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Northeast Community Fund has recieved totaling $900,694.
| Awarding Organization | Amount |
|---|---|
United Way Of Decatur And Mid Illinois Decatur, IL PURPOSE: FOOD PROGRAM | $456,687 |
Community Foundation Of Macon County Decatur, IL PURPOSE: OPERATIONS | $416,657 |
Ts & Juanita Ballance Foundation Decatur, IL PURPOSE: CHARITABLE | $22,500 |
Henry M Staley Declaration Of Charitable Trust Springfield, IL PURPOSE: SUPPORT | $3,000 |
Erwin And Linda Arends Foundation Decatur, IL PURPOSE: CHARITABLE ACTIVITIES | $1,500 |
Gap Foundation San Francisco, CA PURPOSE: FOR CIVIC & COMMUNITY ENGAGEMENT | $350 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Crown Family Foundation Chicago, IL | $468,729,562 | $19,005,366 |
Christian Community Health Center Chicago, IL | $24,875,996 | $21,223,346 |
Jewish Federation Of St Louis St Louis, MO | $156,968,183 | $19,475,995 |
Pritzker Family Philanthropic Fund Chicago, IL | $175,241,348 | $15,696,254 |
Memorial Foundation Inc Belleville, IL | $139,919,506 | $17,553,919 |
Ramtell Inc Tell City, IN | $25,696,087 | $2,760,088 |
Marquardt Home And Community Based Services Inc Watertown, WI | $9,140,172 | $14,598,397 |
Jewish Federation Of Greater Indianapolis Inc Indianapolis, IN | $105,560,722 | $10,106,603 |
Winning Wheels Inc Prophetstown, IL | $11,909,541 | $13,671,140 |
United Way Fox Cities Inc Menasha, WI | $16,186,120 | $10,302,524 |
Heart Of Illinois United Way Inc Peoria, IL | $14,132,248 | $9,955,140 |
Jewish Community Of Louisville Inc Louisville, KY | $51,829,029 | $17,241,761 |