Jack Langerman Community Foundation Inc
- Assets
- $318.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Bethesda, MD
- Founding
- Data as of
- 12/2023
- EIN
- 86-2116604
Organization Overview
Jack Langerman Community Foundation Inc is located in Bethesda, MD. According to its NTEE Classification (S12) the organization is classified as: Fund Raising & Fund Distribution, 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. Jack Langerman Community Foundation 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 12/2023, Jack Langerman Community Foundation Inc generated $84.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (18.9%) each year. All expenses for the organization totaled $29.4k during the year ending 12/2023. 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
2023
Describe the Organization's Program Activity:
Part 3
TO ENSURE THAT JACK LANGERMAN'S LEGACY WILL ENDURE IN PART BY ENSURING THAT THE INSTITUTIONS, ORGANIZATIONS, PEOPLE AND PLACES THAT SHAPED JACK CONTINUE TO SHAPE OTHERS JUST AS PROFOUNDLY.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Derek Altobello Director | 1 | $0 | |
Bob Foose Director | 1 | $0 | |
Scott Langerman Director | 1 | $0 | |
Kirsten Quigley Director | 1 | $0 | |
Vicki Langerman Secretary/treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $84,513 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $258 |
| Total Revenue | $84,771 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $9,477 |
| Total expenses | $29,418 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $318,032 |
| Other assets | $0 |
| Total assets | $318,032 |
| Total liabilities | $0 |
| Net assets or fund balances | $318,032 |