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Greenwich Adult Day Care Trust Fund

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

EIN: 222894544 ✦ Cos cob, CT ✦ Designated as a 501(c)(3)

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Overview

What is Greenwich Adult Day Care Trust Fund?

The Greenwich Adult Day Care Trust Fund is a nonprofit organization situated in Cos Cob, Connecticut. This entity manages donor-restricted assets and board-designated reserves, primarily aimed at supporting Greenwich Adult Day Care. The income generated from these investments is utilized to fund adult day care services and related programs for individuals residing in or near Greenwich. Greenwich Adult Day Care, Inc. offers customized daytime programs that stimulate mental, physical, and emotional well-being. They also provide professional monitoring of health and personal care needs, offering caregivers and families peace of mind. The Trust's mission is to maintain investments and distribute the income to sustain the day care center's operations.

Is Greenwich Adult Day Care Trust Fund legitimate?

Greenwich Adult Day Care Trust Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Greenwich Adult Day Care Trust Fund 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

What is the mission statement of Greenwich Adult Day Care Trust Fund?

The Greenwich Adult Day Care Trust Fund's mission is to support and sustain the operations of an adult day care center and its programs. This is achieved by maintaining investments in trust and distributing the income derived from these investments. The primary objective of this distribution is to provide adult day care services and related assistance to individuals in need, residing in or near the vicinity of the town.

Greenwich Adult Day Care, Inc., the beneficiary of the fund, offers customized daytime programs and services designed to enhance the intellectual, physical, and emotional well-being of its clients. The center also ensures professional monitoring of health and personal care needs, providing counsel and peace of mind for caregivers and families. Furthermore, the trust fund maintains donor-restricted assets and board-designated reserves for the adult day care center.

What is the revenue of Greenwich Adult Day Care Trust Fund?

Greenwich Adult Day Care Trust Fund's revenue in 2024 was $704,125.

Who are the executives of Greenwich Adult Day Care Trust Fund and what are their salaries?

There 4 volunteers at Greenwich Adult Day Care Trust Fund.

Here are 4 key members and their salaries:


Joann Mccarthy (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Quigley (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rocco Natale (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anthony Daddino (Permanent Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Greenwich Adult Day Care Trust Fund?

Greenwich Adult Day Care Trust Fund's most recent form 990 was submitted in 2024 and can be accessed here.

Mission Statement of Greenwich Adult Day Care Trust Fund

The Greenwich Adult Day Care Trust Fund is committed to supporting Greenwich Adult Day Care and its programs. To achieve this, the Trust maintains investments in trust and distributes the income to sustain their operations. The primary goal of this organization is to provide adult day care and related services to individuals in need, residing in or close to the town of Greenwich.

Greenwich Adult Day Care, Inc., the beneficiary of the Trust, offers customized day-time programs and services that enhance intellectual, physical, and emotional well-being. The organization's professional staff monitors the health and personal care needs of its clients, offering counsel and peace of mind to their caregivers and families. By providing this essential support, Greenwich Adult Day Care ensures that its clients can enjoy a better quality of life, maintaining their independence and dignity as they age.

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Impact




October, 2024

The Greenwich Adult Day Care Trust Fund plays a vital role in enhancing the quality of life for individuals needing adult day care services in and around Cos Cob, CT. By maintaining donor-restricted assets and board-designated reserves, the Trust ensures a steady income stream that directly supports the operations of Greenwich Adult Day Care.

This funding allows for the provision of customized day-time programs that promote intellectual, physical, and emotional well-being, catering to the diverse needs of participants. Additionally, the Trust contributes to professional monitoring of health and personal care, offering peace of mind to caregivers and families who rely on these essential services. Overall, the Trust's impact is deeply felt in the community, as it sustains crucial resources that enhance the lives of both individuals receiving care and their loved ones.




This information is meant to be a general summary of Greenwich Adult Day Care Trust Fund. 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
$704,125 (2024)
Expenses
$136,443 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $59,578
  • Gross Receipts: $2,011,532

Assets and Liabilities:

  • Total Assets: $907,000
  • Total Liabilities: $0
  • Net Assets: $907,000

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Organization Details

Founding Year

1988

Principal Officer

Joann Mccarthy

NTEE Category

Code: P117 - Human services

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