Vera Court Neighborhood Center Inc

Organization Overview

Vera Court Neighborhood Center Inc is located in Madison, WI. The organization was established in 1999. According to its NTEE Classification (P28) the organization is classified as: Neighborhood Centers, under the broad grouping of Human Services and related organizations. As of 12/2021, Vera Court Neighborhood Center Inc employed 58 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Vera Court Neighborhood Center 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, Vera Court Neighborhood Center Inc generated $2.7m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.5% each year . All expenses for the organization totaled $1.9m during the year ending 12/2021. While expenses have increased by 9.0% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO WORK IN COLLABORATION WITH COMMUNITY MEMBERS AND ORGANIZATIONS TO PROVIDE PROGRAMMING AND SERVICES FOR CHILDREN, YOUTH, FAMILIES, SENIORS, AND PEOPLE OF THE COMMUNITY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

CHILDREN AND YOUTH - PROVIDE OPPORTUNITIES FOR RECREATION, PERSONAL GROWTH AND EDUCATION TO ELEMENTARY AND MIDDLE SCHOOL CHILDREN. PROGRAMS INCLUDE COMPUTER TRAINING, AFTER SCHOOL AND SUMMER ACTIVITIES.


LATINO ACADEMY OF WORKFORCE DEVELOPMENT - PROVIDES A CULTURALLY COMPETENT AND BILINGUAL ADULT EDUCATION AND EMPLOYMENT PROGRAM THAT WORKS CLOSELY WITH STUDENTS, RESPONDS TO THE COMMUNITY'S EDUCATION NEEDS QUICKLY, AND CREATES PATHWAYS TO IMPROVED EDUCATION AND EMPLOYMENT FOR THE LATINO COMMUNITY.


FACILITY USE - PROVIDES A COMMUNITY CENTER, KITCHEN AND A LOCATION FOR NEIGHBORHOOD EVENTS, ACTIVITIES AND CLASSES. ALSO PROVIDES FOR ADMINISTRATION EXPENSE AND BUILDING MAINTENANCE.


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Board, Officers & Key Employees

Name (title)Compensation
Thomas Solyst
Executive Director
$96,975
Don Bruns
President
$0
Tom Mcmahan
Treasurer
$0
David Krause
Vice President
$0
Chris Vandall
Secretary
$0
Corinda Rainey-Moore
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$243,248
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $1,198,575
All other contributions, gifts, grants, and similar amounts not included above$1,013,135
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$2,454,958
Total Program Service Revenue$25,460
Investment income $91,876
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $121,839
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,694,133

Grants Recieved

Over the last fiscal year, we have identified 18 grants that Vera Court Neighborhood Center Inc has recieved totaling $782,435.

Awarding OrganizationAmount
United Way Of Dane County Inc

Madison, WI

PURPOSE: Program Operating Cost/Donor Designation for General Support

$443,248
Ascendium Education Solutions Inc

Madison, WI

PURPOSE: Good Neighbor Grant c/o Latino Academy of Workforce Development

$61,834
Cuna Mutual Group Foundation Inc

Madison, WI

PURPOSE: CHARITABLE

$53,500
Roots And Wings Foundation Inc

Seattle, WA

PURPOSE: LOS NINOS PRIMERO

$45,000
Schwab Charitable Fund

San Francisco, CA

PURPOSE: HUMAN SERVICES

$37,600
Madison Community Foundation

Madison, WI

PURPOSE: ARTIST IN RESIDENCE SERIES

$25,000
View Grant Recipient Profile

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