Overview
What is Glcac Support Corporation?
Glcac Support Corporation is a charitable organization based in Lawrence, Massachusetts, specifically at 305 Essex Street, ZIP code 01840. Its primary mission is to raise funds and bolster the operations of Greater Lawrence Community Action Council, Inc. (GLCAC), ensuring it continues to serve its exempt purposes as per Section 501(C)(3) of the tax code. The corporation also supports GLCAC by owning, leasing, and maintaining the site where GLCAC operates. Furthermore, it provides financial assistance and services to GLCAC, enabling it to carry out its functions effectively. The corporation's activities are lawful and align with its status as a charitable organization, ultimately working in support of GLCAC's objectives.
Official website here: www.glcac.org
Is Glcac Support Corporation legitimate?
Glcac Support Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Glcac Support Corporation 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.glcac.org
What is the mission statement of Glcac Support Corporation?
The mission of Glcac Support Corporation is to aid and uphold the activities and objectives of Greater Lawrence Community Action Council, Inc. (GLCAC), as long as GLCAC remains an exempt organization under Section 501(C)(3) of the Internal Revenue Code. The corporation supports GLCAC financially and through services, maintains the site where GLCAC operates, and engages in lawful activities that further GLCAC's charitable status. Glcac Support Corporation's primary role is to ensure the continuity and success of GLCAC's exempt purposes.
Official website here: www.glcac.org
Who is the CEO of Glcac Support Corporation?
Evelyn Friedman is the President of Glcac Support Corporation.
Official website here: www.glcac.org
What is the revenue of Glcac Support Corporation?
Glcac Support Corporation's revenue in 2022 was $2,525,430.
Official website here: www.glcac.org
Who are the executives of Glcac Support Corporation and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $189,867
- Other: $12,692
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.glcac.org
Where can I find the form 990 for Glcac Support Corporation?
Glcac Support Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.glcac.org
Learn more at the official website: www.glcac.org
Mission Statement of Glcac Support Corporation
Glcac Support Corporation, as a charitable organization, is committed to supporting the functions and fulfilling the purposes of Greater Lawrence Community Action Council, Inc. (GLCAC). This support extends to carrying out exempt activities within the meaning of Section 5001(C)(3) of the Code, thereby ensuring GLCAC's continued operation for charitable purposes. The corporation engages in various activities and performs functions that GLCAC would otherwise need to perform. Additionally, Glcac Support Corporation plays a crucial role in providing financial aid and services to GLCAC. It also owns, leases, and maintains the sites where GLCAC operates, thereby contributing to its overall success. The corporation's activities are lawful and in line with the organization's status as a charitable entity, as long as they do not violate or contradict its charitable standing.
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Impact
October, 2024
Glcac Support Corporation plays a crucial role in enhancing community welfare by raising funds and providing essential support to the Greater Lawrence Community Action Council, Inc. (GLCAC). Through its dedicated efforts, the organization contributes significantly to the operational viability of GLCAC, ensuring that vital services and programs are available to the local community.
By managing financial resources and maintaining facilities, Glcac Support Corporation empowers GLCAC to focus on its mission of addressing the needs of vulnerable populations in Lawrence, MA. This collaboration leads to improved access to resources and services that foster economic stability, education, healthcare, and overall community improvement. Ultimately, the impact of Glcac Support Corporation is profound, as it strengthens community resilience and supports initiatives that uplift and benefit those in need.
This information is meant to be a general summary of Glcac Support Corporation. 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: $54,661
- Gross Receipts: $2,525,430
Assets and Liabilities:
- Total Assets: $19,158,397
- Total Liabilities: $16,633,632
- Net Assets: $2,524,765
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Organization Details
Founding Year
2020
Phone
(978) 681-4900Principal Officer
Evelyn Friedman
Main Address
305 ESSEX STREET, LAWRENCE, MA, 01840
Website
www.glcac.orgNTEE Category
Code: S20 - Community improvement
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