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Essex County Community Foundation Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 043407816 ✦ Danvers, MA ✦ Designated as a 501(c)(3)

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Overview

What is Essex County Community Foundation Inc?

Essex County Community Foundation Inc is a Massachusetts-based nonprofit organization located in Danvers, specifically at 175 Andover Street Suite 101. Their primary mission is to collect and distribute funds from the community for the benefit of charitable organizations, primarily in Essex County. They inspire philanthropy by managing donors' charitable funds, strengthening and supporting nonprofits and students with grants and resources, and bringing people together in community leadership work that positively impacts change in Essex County. The organization employs a team of 24 individuals.


Official website here: www.eccf.org

Is Essex County Community Foundation Inc legitimate?

Essex County Community Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Essex County Community Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $420,675
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,327,816

For more financial information, click here


Official website here: www.eccf.org

What is the mission statement of Essex County Community Foundation Inc?

The Essex County Community Foundation Inc inspires philanthropy by managing charitable funds and strengthening and supporting nonprofits and students in various communities. Their mission is to make a difference by distributing funds raised from the community to benefit charitable organizations primarily in Essex County, Massachusetts. By managing donors' charitable funds, they support nonprofits and students through grants and resources. Additionally, they bring people together in community leadership work, inspiring change in their respective communities.


Official website here: www.eccf.org

Who is the CEO of Essex County Community Foundation Inc?

M Elizabeth Francis is the President An of Essex County Community Foundation Inc.


Official website here: www.eccf.org

What is the revenue of Essex County Community Foundation Inc?

Essex County Community Foundation Inc's revenue in 2023 was $22,676,023.


Official website here: www.eccf.org

Who are the executives of Essex County Community Foundation Inc and what are their salaries?

The average compensation at Essex County Community Foundation Inc during 2023 was $72,854. There are 24 employees and 79 volunteers at Essex County Community Foundation Inc.


Here are 24 key members and their salaries:


Moira Mcnamara James (Chair Of Dev)
  • Compensation: $0
  • Related: $0
  • Other: $0
James A Rullo (Chair Of Inv)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Yagjian (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Goldman (Clerk)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ben Langille (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Colucci (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Sumberg (Chair Of Gov)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Gore (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christine Ortiz (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patricia Fae Ho (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dean Marsh (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pamela Scott (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Allan Huntley (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anita Worden (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ana Colmenero (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kiame Mahaniah (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jon Payson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amy Kingman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
M Elizabeth Francis (President An)
  • Compensation: $204,538
  • Related: $0
  • Other: $7,033
Stratton Lloyd (Coo)
  • Compensation: $155,846
  • Related: $0
  • Other: $20,064
Stacey Landry (Vp Of Advanc)
  • Compensation: $130,787
  • Related: $0
  • Other: $18,401
Carol Schuster (Vp Of Progra)
  • Compensation: $106,562
  • Related: $0
  • Other: $18,524
J Britton Hutchins (Cfo)
  • Compensation: $109,555
  • Related: $0
  • Other: $18,620
Lane Glenn (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.eccf.org

Where can I find the form 990 for Essex County Community Foundation Inc?

Essex County Community Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.eccf.org

Learn more at the official website: www.eccf.org

Mission Statement of Essex County Community Foundation Inc

Essex County Community Foundation Inc is a philanthropic organization that inspires giving in order to strengthen the 34 cities and towns within Essex County. Through managing charitable funds from donors, this foundation strengthens and supports local nonprofits and students via grants and resources. By bringing together individuals in community leadership work, Essex County Community Foundation Inc instigates change within Essex County.

The mission of this organization is multifaceted. It begins by raising and distributing funds from the community that primarily benefit charitable organizations in Essex County, Massachusetts. This approach enables the foundation to make a significant impact on the local landscape. Additionally, Essex County Community Foundation Inc plays a pivotal role in fostering the growth and sustainability of nonprofits. By providing grants and resources, the foundation bolsters their ability to effectively carry out their respective missions.

Essex County Community Foundation Inc goes beyond just financial support, as it also brings people together in community leadership efforts. These collaborative initiatives empower individuals to take action and create lasting change in their towns and cities. By encouraging community engagement, the foundation inspires a culture of philanthropy that ultimately strengthens the fabric of Essex County.

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Impact




October, 2024

Essex County Community Foundation Inc plays a vital role in enhancing the quality of life across the 34 cities and towns of Essex County, Massachusetts. By managing charitable funds contributed by local donors, it inspires philanthropy and mobilizes financial resources tailored to meet community needs. Through grants and support, the foundation empowers local organizations and students, facilitating their growth and ability to effect positive change within the community.

Additionally, the foundation fosters collaboration among community leaders and residents, promoting initiatives that drive impactful change in Essex County. By bringing people together, it cultivates a sense of shared responsibility and engagement, strengthening the social fabric of the region. The combined efforts of funding and community leadership amplify the foundation's impact, ensuring that charitable giving is directed toward meaningful projects that benefit the community as a whole.




This information is meant to be a general summary of Essex County Community Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$22,676,023 (2023)
Expenses
$22,735,694 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $3,447,628
  • Program Service Revenue: $669,829
  • Gross Receipts: $48,052,624

Assets and Liabilities:

  • Total Assets: $126,649,132
  • Total Liabilities: $22,783,442
  • Net Assets: $103,865,690

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

BLUEFIN BLOWOUT

Revenue

$440,117

OTHER EVENTS

Revenue

$142,524

REID R. SACCO AYA CANCER FU

Revenue

$85,992

PROGRAM SERVICE FEES

Revenue

$1,196

Organization Details

Founding Year

1998

Principal Officer

M Elizabeth Francis

Main Address

175 ANDOVER STREET SUITE 101, DANVERS, MA, 01923

NTEE Category

Code: T31 - Philanthropy

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