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The Gloucester Fund Inc

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

EIN: 043521016 ✦ Gloucester, MA ✦ Designated as a 501(c)(3)

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Overview

What is The Gloucester Fund Inc?

The Gloucester Fund Inc, based in Gloucester, Massachusetts, is a nonprofit organization with a mission to enrich the community by promoting civic, cultural, educational, athletic, and benevolent purposes. They actively engage in supporting the city through various events such as summer concerts, US flags display, July 4th and Labor Day fireworks, parades, a kids Halloween festival, the city's Christmas tree display, and a holiday historic area walk. Their motto, "Partnering with the community to benefit the community," reflects their dedication to contributing positively to the lives of Gloucester's citizens.


Official website here: www.thegloucesterfund.org

What do the Facebook reviews say about The Gloucester Fund Inc?

90% of 17 reviewers on Facebook recommend The Gloucester Fund Inc. Here is a summary of their reviews:

Many individuals appreciate the visibility and outreach of the organization, noting that they could easily see the impacts of The Gloucester Fund from various locations, such as Hampton State Park. This suggests a strong presence within the community and indicates that the nonprofit is making a noticeable difference in its efforts.

Overall, the sentiment is positive, with supporters acknowledging the organization’s contributions and reinforcing their recommendation based on visibility and engagement in the community.


This AI summary has been generated from reviews found on Facebook.

Is The Gloucester Fund Inc legitimate?

The Gloucester Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Gloucester Fund 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.thegloucesterfund.org

What is the mission statement of The Gloucester Fund Inc?

The Gloucester Fund Inc's mission is centered around promoting civic, cultural, educational, athletic, and benevolent purposes or activities. This organization strives to benefit its community, embodying the motto "Partnering with the Community to Benefit the Community." In 2022, the organization continued its support for various civic events in the city, such as summer concerts, U.S. flags displays, Fourth of July and Labor Day fireworks, parades, a kids Halloween festival, the city's Christmas tree display, and a holiday historic area walk.


Official website here: www.thegloucesterfund.org

Who is the CEO of The Gloucester Fund Inc?

Barrett S Pett is the President & Director of The Gloucester Fund Inc.


Official website here: www.thegloucesterfund.org

What is the revenue of The Gloucester Fund Inc?

The Gloucester Fund Inc's revenue in 2022 was $220,205.


Official website here: www.thegloucesterfund.org

Who are the executives of The Gloucester Fund Inc and what are their salaries?

There 10 volunteers at The Gloucester Fund Inc.


Here are 6 key members and their salaries:


Barrett S Pett (President & Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brent A Tarr (Treasurer & Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frances Mondello (Clerk & Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tj Healy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eugene P Mondello Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank Baker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.thegloucesterfund.org

Where can I find the form 990 for The Gloucester Fund Inc?

The Gloucester Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.thegloucesterfund.org

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

Mission Statement of The Gloucester Fund Inc

The Gloucester Fund Inc, with its mission statement at its core, is dedicated to promoting civic, cultural, educational, athletic, and benevolent purposes. This organization aims to serve the community by engaging in activities that benefit the citizens of Gloucester, Massachusetts. Its motto, "Partnering with the Community to Benefit the Community," encapsulates its mission perfectly. Throughout 2022, The Gloucester Fund Inc continued to support various civic events organized for the city, such as summertime concerts, U.S. flags displays, July 4th and Labor Day fireworks, Santa parades, a kids Halloween festival, the city's Christmas tree display, and a holiday historic area walk. These events not only bring the community together but also contribute to its cultural and educational growth. The Gloucester Fund Inc's commitment to its mission is evident through its active participation in these community events, demonstrating its dedication to fostering a thriving and connected community.

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Impact




October, 2024

The Gloucester Fund Inc plays a pivotal role in enhancing community engagement and cultural vibrancy in Gloucester, MA. By organizing and supporting a range of civic events, the organization fosters a sense of belonging and pride among residents. Events such as summertime concerts, holiday parades, and public displays like the U.S. flags showcase the city’s commitment to cultural richness and community spirit.

Their initiatives, including the July 4th and Labor Day fireworks, the Kids Halloween Festival, and the Christmas Tree display, create opportunities for families and individuals to come together, celebrate traditions, and create lasting memories. The Gloucester Fund also invests in educational and athletic activities, reinforcing its mission to benefit citizens through diverse programming.

Overall, the organization’s impactful work promotes civic engagement, enhances the cultural fabric of the city, and encourages community participation, aligning with their motto of "Partnering with the community to benefit the community."




This information is meant to be a general summary of The Gloucester Fund 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
$220,205 (2022)
Expenses
$143,463 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $515
  • Gross Receipts: $220,205

Assets and Liabilities:

  • Total Assets: $302,279
  • Total Liabilities: $25,000
  • Net Assets: $277,279

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Organization Details

Founding Year

2000

Principal Officer

Barrett S Pett

Main Address

45 MIDDLE STREET 2, GLOUCESTER, MA, 01930

NTEE Category

Code: T123 - Philanthropy

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