Concord-Carlisle Community Chest Inc

Neighbors Helping Neighbors

CONCORD, MA | https://www.cccommunitychest.org

GuideStar Charity Check

EIN: 04-2157042

Contributions tax deductible
as of September 2023

IRS BMF 509(a)(1)
as of September 18, 2023

View summary

Charity Check report

Mission

To engage our community to help neighbors in need.

Ruling year info

1950

Executive Director

Jennifer Ubaldino

Main address

19 MAIN STREET SUITE 2

CONCORD, MA 01742 USA

Show more contact info

EIN

04-2157042

Subject area info

Philanthropy

Nonprofits

Population served info

Children and youth

Adults

Economically disadvantaged people

Victims and oppressed people

People with disabilities

NTEE code info

Philanthropy / Charity / Voluntarism Promotion (General) (T50)

IRS subsection

501(c)(3) Public Charity

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

Tax forms

Show Forms 990

Communication

Programs and results

What we aim to solve

This profile needs more info.

If it is your nonprofit, add a problem overview.

Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Grant Allocations Program

Founded in 1947 as an organization of neighbors helping neighbors. The mission of the Concord-Carlisle Community Chest is to engage our community to help neighbors in need. Local businesses and individuals share with us their philanthropic gifts of time, expertise, and financial resources. We translate that support into essential aid for individuals and nonprofit human service organizations serving residents in Concord and Carlisle.

We’re the only organization responding to a wide spectrum of critical issues in Concord and Carlisle by addressing: mental health, food insecurity, elder support, affordable housing, education, childcare and family services, physical disabilities, legal aid, domestic violence.

A single donation supports multiple organizations and programs, delivering a holistic approach to an individual or family’s multifaceted needs. Since 2018, the Community Chest has invested more than $2.5 million back into our communities.

Cornerstone Initiative

The Cornerstone Initiative was established in 1995 as a source of grant-based and special funding with a focus on serving youth and seniors, specifically for pilot or innovative programs.

Cornerstone Initiative Innovation Grant Program - The Cornerstone Initiative Innovation grants are a renewed commitment to address important needs in our community in new and creative ways. We are pleased to have awarded a total of $35,762 to five organizations in 2021-2022.

The Cornerstone Initiative Scholarship of the Community Chest: Advancing Racial Justice and Equity - In collaboration with the Scholarship Fund of Concord and Carlisle, this scholarship is given to candidates who have demonstrated interest in, experience in or commitment to racial justice, equity, or working with historically underserved or underprivileged populations. We are pleased to have awarded a $5,000 scholarship in 2022.

Population(s) Served

Adults

Children and youth

Victims and oppressed people

Economically disadvantaged people

People with disabilities

Adults

Children and youth

Victims and oppressed people

Economically disadvantaged people

People with disabilities

Campership Fund

The Campership Fund assists families in Concord and Carlisle who would otherwise not be able to afford the expense of summer camps. In the summer of 2022 we helped 14 children attend camp with $5,135 in campership support.

Population(s) Served

Children and youth

People with disabilities

Economically disadvantaged people

When-In-Need (WIN) Fund

The When-In-Need Fund supports unexpected or emergency living expenses for Concord and Carlisle families. The Fund has distributed $14,076 for emergency needs such as COVID related expenses, rent, medical costs, car repairs, and utility bills in 2021-2022.

Population(s) Served

Children and youth

People with disabilities

Economically disadvantaged people

Victims and oppressed people

Children and youth

People with disabilities

Economically disadvantaged people

Victims and oppressed people

Adults

Where we work

External reviews

Photos

Videos

Financials

Concord-Carlisle Community Chest Inc

Fiscal year: Jul 01 - Jun 30

Revenue vs. expenses: breakdown

SOURCE: IRS Form 990

NET GAIN/LOSS: in

Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Liquidity in 2022

SOURCE: IRS Form 990

8.02

Average of 5.46 over 10 years

Months of cash in 2022

SOURCE: IRS Form 990

14

Average of 11.4 over 10 years

Fringe rate in 2022

SOURCE: IRS Form 990

8%

Average of 8% over 10 years

Funding sources

Source: IRS Form 990

Assets & liabilities

Source: IRS Form 990

Financial data

SOURCE: IRS Form 990

Digitizing IRS form 990 data

Concord-Carlisle Community Chest Inc

Revenue & expenses

Fiscal Year: Jul 01 - Jun 30

SOURCE: IRS Form 990 info

Fiscal year ending: Download Data

Revenue
Contributions	$683,675
Program Services	$0
Investments	$84,535
Special Events	$8,188
Sales	($175,800)
Other	$17,206
Total Revenue	$617,804

Expenses
Grants	$2,036,667
Salaries & Employee Benefits	$78,419
Professional Fees	$5,500
Occupancy	$9,042
Printing, Publications, Postage, etc.	$26,854
Other Expenses	$29,522
Total Expenses	$2,186,004
Net Gain/Loss	($1,568,200)

Revenue
Contributions	$636,621
Government Grants	$0
Program Services	$0
Investments	$26,451
Special Events	$42,467
Sales	$0
Other	$149,262
Total Revenue	$854,801

Expenses
Program Services	$611,658
Administration	$57,797
Fundraising	$56,595
Total Expenses	$726,050
Net Gain/Loss	$128,751

Functional expenses
Accounting Fees	$5,500
Advertising & Promotion	$0
Information Technology Expenses	$0
Insurance Expenses	$2,262
Interest Expenses	$0
Investment Management Fees	$4,301
Legal Fees	$0
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$685,748
Government Grants	$0
Program Services	$0
Investments	$85,028
Special Events	($4,573)
Sales	$0
Other	$0
Total Revenue	$766,203

Expenses
Program Services	$604,156
Administration	$79,150
Fundraising	$54,553
Total Expenses	$737,859
Net Gain/Loss	$28,344

Functional expenses
Accounting Fees	$5,500
Advertising & Promotion	$1,761
Information Technology Expenses	$2,370
Insurance Expenses	$1,212
Interest Expenses	$0
Investment Management Fees	$6,925
Legal Fees	$0
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$688,864
Government Grants	$0
Program Services	$0
Investments	$107,184
Special Events	$0
Sales	$0
Other	$3,900
Total Revenue	$799,948

Expenses
Program Services	$638,139
Administration	$60,564
Fundraising	$62,391
Total Expenses	$761,094
Net Gain/Loss	$38,854

Functional expenses
Accounting Fees	$5,500
Advertising & Promotion	$974
Information Technology Expenses	$1,049
Insurance Expenses	$1,200
Interest Expenses	$0
Investment Management Fees	$7,240
Legal Fees	$0
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$777,182
Government Grants	$0
Program Services	$0
Investments	$127,633
Special Events	($2,057)
Sales	$0
Other	$3,900
Total Revenue	$906,658

Expenses
Program Services	$570,034
Administration	$55,684
Fundraising	$64,602
Total Expenses	$690,320
Net Gain/Loss	$216,338

Functional expenses
Accounting Fees	$5,700
Advertising & Promotion	$1,555
Information Technology Expenses	$854
Insurance Expenses	$1,224
Interest Expenses	$0
Investment Management Fees	$7,459
Legal Fees	$0
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$683,174
Government Grants	$0
Program Services	$0
Investments	$56,681
Special Events	$0
Sales	$0
Other	$3,900
Total Revenue	$743,755

Expenses
Program Services	$599,594
Administration	$59,856
Fundraising	$64,456
Total Expenses	$723,906
Net Gain/Loss	$19,849

Functional expenses
Accounting Fees	$5,700
Advertising & Promotion	$2,814
Information Technology Expenses	$3,997
Insurance Expenses	$1,306
Interest Expenses	$0
Investment Management Fees	$8,300
Legal Fees	$0
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$759,827
Government Grants	$0
Program Services	$0
Investments	$85,467
Special Events	$0
Sales	$0
Other	$2,281
Total Revenue	$847,575

Expenses
Program Services	$674,669
Administration	$63,105
Fundraising	$68,932
Total Expenses	$806,706
Net Gain/Loss	$40,869

Functional expenses
Accounting Fees	$5,425
Advertising & Promotion	$1,867
Information Technology Expenses	$4,205
Insurance Expenses	$1,302
Interest Expenses	$0
Investment Management Fees	$8,838
Legal Fees	$0
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$704,074
Government Grants	$0
Program Services	$0
Investments	$113,858
Special Events	$0
Sales	$0
Other	$1,193
Total Revenue	$819,125

Expenses
Program Services	$590,412
Administration	$76,708
Fundraising	$73,450
Total Expenses	$740,570
Net Gain/Loss	$78,555

Functional expenses
Accounting Fees	$6,250
Advertising & Promotion	$595
Information Technology Expenses	$6,780
Insurance Expenses	$1,337
Interest Expenses	$0
Investment Management Fees	$8,513
Legal Fees	$0
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$728,281
Government Grants	$0
Program Services	$0
Investments	$76,725
Special Events	$0
Sales	$0
Other	$0
Total Revenue	$805,006

Expenses
Program Services	$601,144
Administration	$82,622
Fundraising	$63,455
Total Expenses	$747,221
Net Gain/Loss	$57,785

Functional expenses
Accounting Fees	$11,407
Advertising & Promotion	$0
Information Technology Expenses	$6,459
Insurance Expenses	$1,423
Interest Expenses	$0
Investment Management Fees	$7,325
Legal Fees	$0
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$622,512
Government Grants	$0
Program Services	$0
Investments	$348,444
Special Events	$0
Sales	$0
Other	$5
Total Revenue	$970,961

Expenses
Program Services	$554,117
Administration	$64,378
Fundraising	$69,711
Total Expenses	$688,206
Net Gain/Loss	$282,755

Functional expenses
Accounting Fees	$7,230
Advertising & Promotion	$0
Information Technology Expenses	$5,828
Insurance Expenses	$1,423
Interest Expenses	$0
Investment Management Fees	$1,244
Legal Fees	$0
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$642,402
Government Grants	$0
Program Services	$0
Investments	$209,541
Special Events	$0
Sales	$0
Other	$49
Total Revenue	$851,992

Expenses
Program Services	$526,841
Administration	$73,488
Fundraising	$68,896
Total Expenses	$669,225
Net Gain/Loss	$182,767

Functional expenses
Accounting Fees	$4,800
Advertising & Promotion	$1,308
Information Technology Expenses	$5,738
Insurance Expenses	$1,435
Interest Expenses	$0
Investment Management Fees	$702
Legal Fees	$0
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$973,692
Government Grants	$0
Program Services	$0
Investments	$111,694
Special Events	$0
Sales	$0
Other	$5,075
Total Revenue	$1,090,461

Expenses
Program Services	$495,632
Administration	$90,225
Fundraising	$71,225
Total Expenses	$657,082
Net Gain/Loss	$433,379

Functional expenses
Accounting Fees	$10,733
Advertising & Promotion	$1,473
Information Technology Expenses	$7,652
Insurance Expenses	$1,476
Interest Expenses	$0
Investment Management Fees	$897
Legal Fees	$0
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$994,548
Government Grants	$0
Program Services	$0
Investments	$227,456
Special Events	$10,815
Sales	$0
Other	$21,621
Total Revenue	$1,254,440

Expenses
Program Services	$812,535
Administration	$130,346
Fundraising	$71,901
Total Expenses	$1,014,782
Net Gain/Loss	$239,658

Functional expenses
Accounting Fees	$20,875
Advertising & Promotion	$369
Information Technology Expenses	$9,679
Insurance Expenses	$4,104
Interest Expenses	$121
Investment Management Fees	$0
Legal Fees	$0
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$2,000,666
Government Grants	$0
Program Services	$0
Investments	$280,147
Special Events	$19,048
Sales	$0
Other	$0
Total Revenue	$2,299,861

Expenses
Program Services	$647,810
Administration	$96,207
Fundraising	$84,354
Total Expenses	$828,371
Net Gain/Loss	$1,471,490

Functional expenses
Accounting Fees	$10,150
Advertising & Promotion	$794
Information Technology Expenses	$0
Insurance Expenses	$2,181
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$0
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Concord-Carlisle Community Chest Inc

Balance sheet

Fiscal Year: Jul 01 - Jun 30

SOURCE: IRS Form 990 info

The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.

Fiscal year ending: Download Data

Assets	Jul 01, 2008	Jun 30, 2009	Change
Contributions	$683,675
Cash & Equivalents	$3,383,458	$1,692,838	($1,690,620)
Fixed Assets (LBE - Depreciation)	$0	$0	$0
Other	$22,722	$15,721	($7,001)
Total Assets	$3,406,180	$1,708,559	($1,697,621)

Liabilities	Jul 01, 2008	Jun 30, 2009	Change
Total Liabilities	$532,941	$552,311	$19,370

Fund balance	Jul 01, 2008	Jun 30, 2009	Change
Net Assets	$2,873,239	$1,156,248	($1,716,991)

Assets	Jul 01, 2009	Jun 30, 2010	Change
Contributions	$636,621
Cash & Equivalents	$666,347	$600,908	($65,439)
Accounts Receivable	$0	$42	$42
Pledges & Grants Receivable	$9,063	$40,711	$31,648
Receivable, Other	$0	$0	$0
Inventories for Sale or Use	$0	$0	$0
Investment, Securities	$1,026,490	$1,209,415	$182,925
Investment, Other	$0	$0	$0
Fixed Assets (LBE - Depreciation)	$3,693	$12,090	$8,397
Other	$2,966	$2,966	$0
Total Assets	$1,708,559	$1,866,132	$157,573

Liabilities	Jul 01, 2009	Jun 30, 2010	Change
Accounts Payable	$5,982	$3,664	($2,318)
Grants Payable	$546,329	$577,468	$31,139
Deferred Revenue	$0	$0	$0
Loans and Notes	$0	$0	$0
Tax-Exempt Bond Liabilities	$0	$0	$0
Other	$0	$0	$0
Total Liabilities	$552,311	$581,132	$28,821

Fund balance	Jul 01, 2009	Jun 30, 2010	Change
Temporarily Restricted Net Assets	$12,348	$15,617	$3,269
Permanently Restricted Net Assets	$0	$0	$0
Total Restricted Net Assets	$12,348	$15,617	$3,269
Unrestricted Net Assets	$1,143,900	$1,269,383	$125,483
Net Assets	$1,156,248	$1,285,000	$128,752

Assets	Jul 01, 2010	Jun 30, 2011	Change
Contributions	$685,748
Cash & Equivalents	$641,619	$577,782	($63,837)
Accounts Receivable	$0	$0	$0
Pledges & Grants Receivable	$42	$10,834	$10,792
Receivable, Other	$0	$0	$0
Inventories for Sale or Use	$0	$0	$0
Investment, Securities	$1,209,415	$1,388,113	$178,698
Investment, Other	$0	$0	$0
Fixed Assets (LBE - Depreciation)	$12,090	$2,445	($9,645)
Other	$2,966	$7,391	$4,425
Total Assets	$1,866,132	$1,986,565	$120,433

Liabilities	Jul 01, 2010	Jun 30, 2011	Change
Accounts Payable	$3,664	$5,161	$1,497
Grants Payable	$577,468	$545,792	($31,676)
Deferred Revenue	$0	$0	$0
Loans and Notes	$0	$0	$0
Tax-Exempt Bond Liabilities	$0	$0	$0
Other	$0	$0	$0
Total Liabilities	$581,132	$550,953	($30,179)

Fund balance	Jul 01, 2010	Jun 30, 2011	Change
Temporarily Restricted Net Assets	$15,617	$13,179	-$2,438
Permanently Restricted Net Assets	$0	$0	$0
Total Restricted Net Assets	$15,617	$13,179	($2,438)
Unrestricted Net Assets	$1,269,383	$1,422,433	$153,050
Net Assets	$1,285,000	$1,435,612	$150,612

Concord-Carlisle Community Chest Inc

Financial trends analysis Glossary & formula definitions

Fiscal Year: Jul 01 - Jun 30

SOURCE: IRS Form 990 info

This snapshot of Concord-Carlisle Community Chest Inc’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.

Created in partnership with

Fiscal year: Jul 01 - Jun 30 View full report Download data

Business model indicators

Profitability	2018	2019	2020	2021	2022
Unrestricted surplus (deficit) before depreciation	$105,847	$197,470	$273,279	$682,352	$911,708
As % of expenses	15.4%	29.5%	41.6%	67.2%	110.1%
Unrestricted surplus (deficit) after depreciation	$105,678	$197,398	$273,279	$682,352	$911,468
As % of expenses	15.4%	29.5%	41.6%	67.2%	110.0%

Revenue composition
Total revenue (unrestricted & restricted)	$970,961	$851,992	$1,090,461	$1,254,440	$2,299,861
Total revenue, % change over prior year	20.6%	-12.3%	28.0%	15.0%	83.3%
Program services revenue	0.0%	0.0%	0.0%	0.0%	0.0%
Membership dues	0.0%	0.0%	0.0%	0.0%	0.0%
Investment income	8.2%	20.8%	10.4%	15.7%	12.2%
Government grants	0.0%	0.0%	0.0%	0.0%	0.0%
All other grants and contributions	64.1%	75.4%	89.3%	80.1%	87.8%
Other revenue	27.7%	3.8%	0.3%	4.2%	0.0%

Expense composition
Total expenses before depreciation	$688,037	$669,153	$657,082	$1,014,782	$828,131
Total expenses, % change over prior year	-7.9%	-2.7%	-1.8%	54.4%	-18.4%
Personnel	11.1%	14.9%	15.6%	11.1%	13.3%
Professional fees	2.1%	1.6%	2.5%	2.1%	1.2%
Occupancy	3.2%	3.6%	4.3%	2.7%	3.3%
Interest	0.0%	0.0%	0.0%	0.0%	0.0%
Pass-through	77.3%	74.8%	72.1%	76.5%	74.0%
All other expenses	6.3%	5.0%	5.6%	7.6%	8.1%

Full cost components (estimated)	2018	2019	2020	2021	2022
Total expenses (after depreciation)	$688,206	$669,225	$657,082	$1,014,782	$828,371
One month of savings	$57,336	$55,763	$54,757	$84,565	$69,011
Debt principal payment	$0	$0	$0	$0	$0
Fixed asset additions	$0	$0	$0	$0	$1,200
Total full costs (estimated)	$745,542	$724,988	$711,839	$1,099,347	$898,582

Capital structure indicators

Liquidity	2018	2019	2020	2021	2022
Months of cash	10.3	9.9	15.9	10.8	14.0
Months of cash and investments	46.1	50.5	59.2	46.0	61.8
Months of estimated liquid unrestricted net assets	37.2	41.8	47.5	38.1	59.8

Balance sheet composition	2018	2019	2020	2021	2022
Cash	$588,442	$552,957	$871,638	$910,288	$969,439
Investments	$2,055,626	$2,262,545	$2,371,085	$2,979,009	$3,297,153
Receivables	$12,000	$0	$0	$0	$587,846
Gross land, buildings, equipment (LBE)	$22,757	$22,757	$12,207	$12,207	$13,407
Accumulated depreciation (as a % of LBE)	99.7%	100.0%	100.0%	100.0%	92.8%
Liabilities (as a % of assets)	19.2%	17.3%	14.8%	12.9%	12.5%
Unrestricted net assets	$2,132,806	$2,330,204	$2,603,483	$3,218,051	$4,129,519
Temporarily restricted net assets	$17,769	$3,138	N/A	N/A	N/A
Permanently restricted net assets	$0	$0	N/A	N/A	N/A
Total restricted net assets	$17,769	$3,138	$163,238	$172,315	$124,952
Total net assets	$2,150,575	$2,333,342	$2,766,721	$3,390,366	$4,254,471

Key data checks

Key data checks	2018	2019	2020	2021	2022
Material data errors	No	No	No	No	No

Operations

The people, governance practices, and partners that make the organization tick.

Documents

Letter of Determination is not available for this organization

Form 1023/1024 is not available for this organization

Executive Director

Jennifer Ubaldino

Number of employees

Source: IRS Form 990

Concord-Carlisle Community Chest Inc

Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Compensation

Other

Show data for fiscal year

Compensation data

Download up to 5 most recent years of officer and director compensation data for this organization

There are no highest paid employees recorded for this organization.

Concord-Carlisle Community Chest Inc

Board of directors
as of 08/09/2023

SOURCE: Self-reported by organization

Board of directors data

Download the most recent year of board of directors data for this organization

Board co-chair

Kristen Heintz-Perkins

Board co-chair

Krissy Tyson

Organizational demographics

SOURCE: Self-reported; last updated 8/9/2023

Candid has made improvements to the race and ethnicity options.

Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.

Leadership

The organization's leader identifies as:

Race & ethnicity

White/Caucasian/European

Gender identity

Female, Not transgender (cisgender)

Sexual orientation

Heterosexual or straight

Disability status

Person without a disability

Race & ethnicity

No data

Gender identity

No data

Sexual orientation

No data

Disability

No data

Concord-Carlisle Community Chest Inc

Neighbors Helping Neighbors

Mission

Is this your nonprofit?

Programs and results

What we aim to solve

This profile needs more info.

Our programs

Grant Allocations Program

Cornerstone Initiative

Campership Fund

When-In-Need (WIN) Fund

Where we work

Financials

Revenue vs. expenses: breakdown

Liquidity in 2022 info

8.02

Months of cash in 2022 info

14

Fringe rate in 2022 info

8%

Funding sources info

Assets & liabilities info

Financial data

Digitizing IRS form 990 data

Concord-Carlisle Community Chest Inc

Concord-Carlisle Community Chest Inc

Concord-Carlisle Community Chest Inc

Business model indicators

Capital structure indicators

Key data checks

Operations

Documents

Executive Director

Jennifer Ubaldino

Number of employees

Concord-Carlisle Community Chest Inc

Compensation data

Concord-Carlisle Community Chest Inc

Board of directors data

Kristen Heintz-Perkins

Krissy Tyson

Organizational demographics

Leadership

Race & ethnicity

Gender identity

Sexual orientation

Disability

Liquidity in 2022

Months of cash in 2022

Fringe rate in 2022

Funding sources

Assets & liabilities