Josephanne Spiteri Charitable Corporation
- Assets
- $353.0k
- Revenue
- $4.5k
- Investments
- $98.4k
- Employees
- 0
- Location
- Arlington Hts, IL
- Founding
- 12/2015
- Data as of
- 12/2023
- EIN
- 46-5715873
Organization Overview
Josephanne Spiteri Charitable Corporation is located in Arlington Hts, IL. The organization was established in 2015. According to its NTEE Classification (T23) the organization is classified as: Private Operating Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Josephanne Spiteri Charitable Corporation 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 12/2023, Josephanne Spiteri Charitable Corporation generated $4.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (5.0%) each year. All expenses for the organization totaled $25.8k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Josephanne Spiteri Charitable Corporation has awarded 118 individual grants totaling $112,449. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
DONATED THERMAL AND SOCCER SOCKS TO HOMELESS SHELTERS AND CHARITABLE ORGANIZATIONS FOR HOMELESS PEOPLE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joseph M Spiteri Director | 2 | $0 | |
Anne Spiteri Director | 0 | $0 | |
Kaden E Mckenzie Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1 |
| Interest on Savings | $623 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $3,836 |
| Total Revenue | $4,460 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,874 |
| Total operating and administrative expenses | $2,874 |
| Contributions, gifts, grants paid | $22,950 |
| Total expenses and disbursements | $25,824 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $17,915 |
| Savings and temporary cash investments | $32,872 |
| Net Accounts receivable | $3,836 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $200,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $98,372 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $352,995 |
| Accounts payable and accrued expenses | $1,028 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,028 |
Grants Awarded
Over the last fiscal year, Josephanne Spiteri Charitable Corporation has awarded $22,950 in support to 24 organizations.
| Grant Recipient | Amount |
|---|---|
HESED HOUSE PURPOSE: SOCKS DONATION FOR HOMELESS PEOPLE | $1,564 |
HOUSE OF PEACE PURPOSE: SOCKS DONATION FOR HOMELESS PEOPLE | $1,043 |
SAMARITAN HOUSE PURPOSE: SOCKS DONATION FOR HOMELESS PEOPLE | $1,706 |
OUR LADY OF AFRICA PURPOSE: SOCKS DONATION FOR HOMELESS PEOPLE | $1,706 |
THE ARK PURPOSE: SOCKS DONATION FOR HOMELESS PEOPLE | $521 |
CATHOLIC CHARITIES OF ST PAUL AND M PURPOSE: SOCKS DONATION FOR HOMELESS PEOPLE | $1,706 |