Overview
What is Sparc Group Cares Inc?
Sparc Group Cares Inc, located in Lyndhurst, New Jersey, is a charitable organization aimed at providing assistance to eligible employees and their families from SPARC Group LLC, eddie Bauer LLC, and Lucky OPCO LLC. This nonprofit operates through voluntary contributions made by employees from these companies. Its mission is to offer financial aid during periods of severe financial hardship or personal tragedies, such as medical emergencies, natural disasters, or loss of a family member. Through these efforts, Sparc Group Cares Inc strives to offer a safety net and support system to its beneficiaries during challenging times.
Is Sparc Group Cares Inc legitimate?
Sparc Group Cares Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sparc Group Cares 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.
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What is the mission statement of Sparc Group Cares Inc?
Sparc Group Cares Inc, as a charitable organization, is committed to offering emergency financial aid to the employees of SPARC Group LLC, Eddie Bauer LLC, and Lucky OPCO LLC, as well as their immediate families. In times of extreme financial hardship or need, resulting from personal tragedies such as family deaths, catastrophic medical claims, natural disasters like fire, flood, or earthquakes, this organization provides essential financial assistance. The mission of Sparc Group Cares Inc is to operate solely for charitable purposes, aiming to alleviate the financial burden faced by its beneficiaries during their periods of distress.
Who is the CEO of Sparc Group Cares Inc?
Mark Lamorticella is the Director of Sparc Group Cares Inc.
What is the revenue of Sparc Group Cares Inc?
Sparc Group Cares Inc's revenue in 2022 was $100,195.
Who are the executives of Sparc Group Cares Inc and what are their salaries?
There 12 volunteers at Sparc Group Cares Inc.
Here are 10 key members and their salaries:
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Where can I find the form 990 for Sparc Group Cares Inc?
Sparc Group Cares Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Sparc Group Cares Inc
Sparc Group Cares Inc, a nonprofit organization, is committed to operating for charitable purposes. Its primary mission is to extend financial assistance to employees of SPARC Group LLC, Eddie Bauer LLC, and Lucky OPCO LLC, as well as their immediate families, during periods of extreme financial hardship or need. These challenging circumstances can stem from various personal tragedies such as the loss of a family member, catastrophic medical expenses, or natural disasters like fires, floods, or earthquakes. By providing this support, Sparc Group Cares Inc aims to alleviate the financial burden on its beneficiaries, enabling them to overcome their difficulties and navigate through challenging times.
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Impact
October, 2024
Sparc Group Cares Inc significantly impacts the lives of employees and their families by providing crucial financial assistance during times of extreme hardship. This organization steps in to offer support when unexpected challenges arise, such as personal tragedies involving death, catastrophic medical issues, or natural disasters like fires and floods. Through voluntary contributions from employees of SPARC Group LLC, Eddie Bauer LLC, and Lucky OPCO LLC, Sparc Group Cares creates a safety net that helps individuals navigate these difficult periods, ensuring they have the resources needed to recover and rebuild.
Operating from Lyndhurst, NJ, Sparc Group Cares focuses on the well-being of its community, demonstrating a strong commitment to humanitarian efforts. The grants provided not only alleviate immediate financial burdens but also foster a sense of solidarity among employees, reinforcing the importance of supporting one another during challenging times. This initiative embodies a compassionate response to adversity, promoting resilience and hope within the workforce.
This information is meant to be a general summary of Sparc Group Cares 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $166
- Gross Receipts: $100,195
Assets and Liabilities:
- Total Assets: $614,506
- Total Liabilities: $1,500
- Net Assets: $613,006
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Organization Details
Founding Year
2010
Phone
(201) 508-5593Principal Officer
Mark Lamorticella
Main Address
125 Chubb Avenue 5th Fl, Lyndhurst, NJ, 07071
NTEE Category
Code: P60 - Human services
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