Lake County Veterans And Family Services Foundation
- Assets
- $399.1k
- Revenue
- $312.6k
- Investments
- $0.0
- Employees
- 6
- Location
- Grayslake, IL
- Founding
- 05/2012
- Data as of
- 12/2021
- EIN
- 45-4739957
Organization Overview
Lake County Veterans And Family Services Foundation is located in Grayslake, IL. The organization was established in 2012. According to its NTEE Classification (W12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2021, Lake County Veterans And Family Services Foundation employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lake County Veterans And Family Services Foundation 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, Lake County Veterans And Family Services Foundation generated $312.6k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 40.4% each year . All expenses for the organization totaled $258.1k during the year ending 12/2021. While expenses have increased by 38.5% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
CONNECT SERVICE MEMBERS AND THEIR FAMILIES WITH EACH OTHER AND WITH THE BENEFITS AND RESOURCES THEY EARNED AND DESERVE THROUGH PROFESSIONALLY TRAINED VETERAN PEER SPECIALISTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE DROP-IN CENTER" IS THE HOME BASE OF OPERATIONS. THE DROP-IN CENTER PROVIDES A SAFE PLACE FOR VETERANS AND THEIR FAMILIES TO MEET AND RECEIVE HELP FROM OTHER VETERANS AND FROM PEER SUPPORT SPECIALISTS. SOCIAL ENRICHMENT PROGRAMS SUCH AS EQUINE THERAPY, FAMILY OUTINGS, PRIVATE FISHING, ART THERAPY, STORY TELLING, BLACK HISTORY MONTH CELEBRATION; MLK DAY ACTIVITIES; HIGHWAY CLEANUP PROJECTS; FOREST PRESERVE CLEANUP; VETERANS HISTORY PROJECT AND FOUR WEEKLY CUP-A-JOES TO PROMOTE VETERAN SOCIAL ACTIVITIES. ALL ARE OFFERED TO FURTHER SUPPORT THE QUALITY OF LIFE FOR VETERANS.
THE VETS IN NEED PROGRAM ESTABLISHES A SPECIAL FINANCIAL ASSISTANCE FUND TO PROVIDE DISCRETIONARY FINANCIAL ASSISTANCE TO ANY VETERAN AND/OR CURRENT ACTIVE DUTY SERVICE MEMBER AND THEIR FAMILIES. SUPPORT PROVIDED INCLUDES FOOD, SHELTER AND OTHER IMMEDIATE NECESSITIES. ADDITIONALLY IN 2021, WE STARTED A FOOD INSECURITY PROGRAM TO DISTRIBUTE FOOD, FOOD CARDS, GAS CARDS, PRE-MADE MEALS, SUNDRIES, PIZZAS, CLEANING PRODUCTS AND COOKING INSTRUMENTS TO THOSE SERVICE MEMBER FAMILIES IMPACTED BY COVID PANDEMIC. ALL SUPPORT IS DISTRIBUTED WITH OUR LOCAL PARTNERS WHO RECORD EVERY DONATION: VA, DOD, IDVA, VETERANS CLOSET, CATHOLIC CHARITIES, KENOSHA VAC, AND MORE.
OTHER PROGRAM ACTIVITIES - PUBLIC AWARENESS: THE RUCK MARCH IS AN ANNUAL FUNDRAISING EVENT THAT SERVES THE DUAL PURPOSE TO RAISE FUNDS AND TO INCREASE AWARENESS TO REDUCE VETERAN SUICIDE AND TO HONOR ALL VETERANS AND SERVICE MEMBERS LOST TO SUICIDE. ORGANIZATION STAFF ALSO PRESENT PROGRAMS TO VARIOUS ASSOCIATIONS AND THE GENERAL PUBLIC.
CONTRIBUTIONS TO ORGANIZATIONS PROVIDING SERVICES THAT SUPPORT OUR MISSION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ron Bruner Treasurer | OfficerTrustee | 3 | $0 |
Paul Baffico President | OfficerTrustee | 40 | $0 |
Mj Hodgins Secretary | OfficerTrustee | 4 | $0 |
Christopher R Stride Director | Trustee | 0.25 | $0 |
Jeff Cercy Director | Trustee | 0.25 | $0 |
Debra D Lewis Director | Trustee | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $61,977 |
| Related organizations | $0 |
| Government grants | $36,762 |
| All other contributions, gifts, grants, and similar amounts not included above | $203,538 |
| Noncash contributions included in lines 1a–1f | $429 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $302,277 |
| Total Program Service Revenue | $0 |
| Investment income | $3,511 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $3,590 |
| Net Income from Fundraising Events | $3,229 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $312,607 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $4,908 |
| Grants and other assistance to domestic individuals. | $63,160 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $93,296 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $7,462 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $200 |
| Fees for services: Accounting | $23,720 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,871 |
| Advertising and promotion | $5,459 |
| Office expenses | $13,838 |
| Information technology | $3,142 |
| Royalties | $0 |
| Occupancy | $19,469 |
| Travel | $4,241 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $546 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $644 |
| Insurance | $4,527 |
| All other expenses | $9,647 |
| Total functional expenses | $258,130 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $174,960 |
| Savings and temporary cash investments | $30,873 |
| Pledges and grants receivable | $0 |
| 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 | $1,544 |
| Net Land, buildings, and equipment | $308 |
| Investments—publicly traded securities | $190,057 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,400 |
| Total assets | $399,142 |
| Accounts payable and accrued expenses | $2,823 |
| 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 | $2,823 |
| Net assets without donor restrictions | $396,319 |
| Net assets with donor restrictions | $0 |
| 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 | $399,142 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Lake County Veterans And Family Services Foundation has recieved totaling $115,583.
| Awarding Organization | Amount |
|---|---|
Abbvie Foundation North Chicago, IL PURPOSE: GENERAL OPERATING | $50,000 |
Robert R Mccormick Foundation Chicago, IL PURPOSE: GENERAL OPERATING SUPPORT | $25,000 |
Bob Woodruff Family Foundation Inc New York, NY PURPOSE: LP FOOD INSECURITY AND SELF ASSSESMENT TOOL | $22,500 |
Pritzker Military Foundation Chicago, IL PURPOSE: GENERAL SUPPORT | $17,500 |
The John And Kathleen Schreiber Foundation Lake Forest, IL PURPOSE: EXEMPT PURPOSE OF ORGANIZATION | $500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $83 |
Endowment Analysis
| Beg. Balance | $52,829 |
| Net Contributions | $24,628 |
| Other Expense | $47,882 |
| Grants | $7,242 |
| Ending Balance | $22,333 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Employees Community Fund Of The Boeing Company Chicago, IL | $8,996,932 | $6,145,371 |
National Credit Union Foundation Inc Madison, WI | $11,658,239 | $5,821,947 |
Iha Hospital Assistance Foundation Inc Indianapolis, IN | $561,665 | $2,833,766 |
Kids Cancer Alliance Inc Louisville, KY | $1,595,560 | $1,331,527 |
No Foot Too Small Coralville, IA | $442,866 | $707,607 |
This Able Veteran Carbondale, IL | $488,438 | $273,984 |
Stuff The Bus Of Southern Kentucky Foundation Inc Bowling Green, KY | $214,330 | $354,662 |
Nautical Donations Inc Chicago, IL | $109,535 | $0 |
Lake County Veterans And Family Services Foundation Grayslake, IL | $399,142 | $312,607 |
Sacred Saving Agave For Culture Recreation Education And Developme Chicago, IL | $68,386 | $304,030 |
Strides For Peace Inc Chicago, IL | $23,588 | $197,217 |
Friends Of The River-Kansas City Inc Kansas City, MO | $127,436 | $0 |