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Nonprofiteer
← E4E RELIEF LLC

Form 990 for tax year 2022

Filed by E4E RELIEF LLC.

Totals

Total revenue
$73,100,785
Total expenses
$91,236,252
Contributions and grants received
$55,453,450
Grants paid
$60,592,438
Program service revenue
$16,814,632
Investment income
$832,703
Other revenue
$0
Total assets, end of year
$97,347,280
Total liabilities, end of year
$8,381,654
Net assets or fund balances, end of year
$88,965,626
Program services expenses (Part IX)
$83,406,890
Management and general expenses
$7,275,885
Fundraising expenses
$553,477
Program service expenses (Part III)
$83,406,890

Program services were 91.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1d · Related organizations

    $27,668

  • 1f · All other contributions, gifts and grants

    $55,425,782

  • 1g · Noncash contributions included above

    $72,011

  • 2a · Program service revenue: PROGRAM ADMIN FEES

    total $16,814,632 · related or exempt $16,814,632

  • 3 · Investment income

    total $832,543 · excluded $832,543

  • 7a · Gross sales of assets other than inventory

    securities $72,171

  • 7b · Less cost or other basis and sales expenses

    securities $72,011

  • 7c · Gain or loss

    securities $160

  • 7d · Net gain or loss

    total $160 · excluded $160

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $15,961,223 · program services $15,961,223

  • 2 · Grants to domestic individuals

    total $34,628,949 · program services $34,628,949

  • 3 · Grants to foreign organizations and individuals

    total $10,002,266 · program services $10,002,266

  • 7 · Other salaries and wages

    total $5,942,148 · program services $2,655,546 · management and general $3,054,264 · fundraising $232,338

  • 8 · Pension plan contributions

    total $378,921 · program services $169,340 · management and general $194,765 · fundraising $14,816

  • 9 · Other employee benefits

    total $647,371 · program services $289,310 · management and general $332,749 · fundraising $25,312

  • 10 · Payroll taxes

    total $377,356 · program services $168,640 · management and general $193,961 · fundraising $14,755

  • 11b · Fees: legal

    total $212,572 · program services $94,998 · management and general $109,262 · fundraising $8,312

  • 11c · Fees: accounting

    total $699,173 · program services $312,460 · management and general $359,375 · fundraising $27,338

  • 11f · Fees: investment management

    total $96,702 · program services $79,277 · management and general $16,193 · fundraising $1,232

  • 11g · Fees: other

    total $19,132,275 · program services $17,498,377 · management and general $1,518,395 · fundraising $115,503

  • 12 · Advertising and promotion

    total $246,331 · program services $164,627 · management and general $75,928 · fundraising $5,776

  • 13 · Office expenses

    total $16,520 · program services $7,383 · management and general $8,491 · fundraising $646

  • 14 · Information technology

    total $1,094,606 · program services $565,481 · management and general $491,720 · fundraising $37,405

  • 16 · Occupancy

    total $369,152 · program services $164,974 · management and general $189,744 · fundraising $14,434

  • 17 · Travel

    total $28,975 · program services $12,949 · management and general $14,893 · fundraising $1,133

  • 19 · Conferences, conventions and meetings

    total $57,102 · program services $25,519 · management and general $29,350 · fundraising $2,233

  • 23 · Insurance

    total $76,973 · program services $34,399 · management and general $39,564 · fundraising $3,010

  • 24a · Other expenses: DEVELOPMENT AND CLIENT

    total $221,234 · program services $101,872 · management and general $110,924 · fundraising $8,438

  • 24b · Other expenses: DUES

    total $30,253 · program services $13,520 · management and general $15,550 · fundraising $1,183

  • 24c · Other expenses: SHARED SERVICES

    total $21,551 · program services $9,631 · management and general $11,077 · fundraising $843

  • 24e · All other expenses

    total $994,599 · program services $446,149 · management and general $509,680 · fundraising $38,770

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $108,535,457 · end of year $5,936,690

  • 4 · Accounts receivable

    beginning of year $304,459 · end of year $118,020

  • 10a · Land, buildings and equipment: cost or other basis

    $2,552,081

  • 10b · Land, buildings and equipment: accumulated depreciation

    $0

  • 10c · Land, buildings and equipment, net

    beginning of year $2,145 · end of year $2,552,081

  • 11 · Investments: publicly traded securities

    beginning of year $11,277 · end of year $88,740,489

  • 17 · Accounts payable and accrued expenses

    beginning of year $763,206 · end of year $1,261,485

  • 18 · Grants payable

    beginning of year $3,478 · end of year $5,939,277

  • 19 · Deferred revenue

    beginning of year $1,235,152 · end of year $1,180,892

  • 27 · Net assets without donor restrictions

    beginning of year $11,864,385 · end of year $14,880,974

  • 28 · Net assets with donor restrictions

    beginning of year $94,987,117 · end of year $74,084,652

Mission and programs · 2022

Mission

WE EMPOWER COMPANIES AND EMPLOYEES TO RESPOND TO CRISIS BY PROVIDING A GLOBAL, CHARITABLE SOLUTION IN TIMES OF NEED.

  • DISTRIBUTED 41,623 GRANTS TO INDIVIDUALS FOR HARDSHIP AND DISASTER RELIEF; DISTRIBUTED 52 GRANTS TO NON-PROFIT ORGANIZATIONS FOR SCHOLARSHIPS, MENTAL HEALTH COUNSELING, AND TRAINING INITIATIVES.

    Expenses $83,406,890 · Grants $60,592,438 · Revenue $16,814,632

As filed on the 2022 return.

Listed in Part VII

  • Kevin Roche

    CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Kevin Collins

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Jewell Hoover

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Kelly Katterhagen

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Laura Smith

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Fritz Nauck

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Ruth Shaw

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Todd Gorelick

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Rita Mitjans

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Michael Marsicano

    PRESIDENT

    Total calculated
    $898,324
    From this org
    $0
    From related orgs
    $817,136
    Other
    $81,188
    Hours/week
    5 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $522,647 related
    Bonus
    $0 + $200,000 related
    Other
    $0 + $94,489 related
    Deferred
    $0 + $61,000 related
    Nontaxable benefits
    $0 + $20,188 related
    Filer's total
    $0 + $898,324 related

  • Holly Welch Stubbing

    CEO

    Total calculated
    $549,740
    From this org
    $0
    From related orgs
    $448,252
    Other
    $101,488
    Hours/week
    50 + 5 related

    Schedule J breakdown matched by us

    Base
    $0 + $354,127 related
    Bonus
    $0 + $90,000 related
    Other
    $0 + $4,125 related
    Deferred
    $0 + $81,900 related
    Nontaxable benefits
    $0 + $19,588 related
    Filer's total
    $0 + $549,740 related

  • James Kiser

    GEN. COUNSEL & DIRECTOR ENTERPRISE RISK

    Total calculated
    $277,903
    From this org
    $0
    From related orgs
    $267,991
    Other
    $9,912
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $0 + $217,661 related
    Bonus
    $0 + $47,500 related
    Other
    $0 + $2,830 related
    Deferred
    $0
    Nontaxable benefits
    $0 + $9,912 related
    Filer's total
    $0 + $277,903 related

  • Matt Pierce

    VP & DIRECTOR - FINANCE & ADMIN

    Total calculated
    $262,550
    From this org
    $0
    From related orgs
    $236,575
    Other
    $25,975
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $0 + $179,680 related
    Bonus
    $0 + $55,000 related
    Other
    $0 + $1,895 related
    Deferred
    $0 + $10,088 related
    Nontaxable benefits
    $0 + $15,887 related
    Filer's total
    $0 + $262,550 related

  • Davida Rivens

    VP & DIRECTOR - PRODUCT MGMT & SALES

    Total calculated
    $304,179
    From this org
    $0
    From related orgs
    $275,766
    Other
    $28,413
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $0 + $181,032 related
    Bonus
    $0 + $92,837 related
    Other
    $0 + $1,897 related
    Deferred
    $0 + $16,694 related
    Nontaxable benefits
    $0 + $11,719 related
    Filer's total
    $0 + $304,179 related

  • Theresa Stroisch

    VP & DIRECTOR - CUSTOMER & APPLICANT EXPERIENCE

    Total calculated
    $271,696
    From this org
    $0
    From related orgs
    $225,708
    Other
    $45,988
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $0 + $176,048 related
    Bonus
    $0 + $47,500 related
    Other
    $0 + $2,160 related
    Deferred
    $0 + $27,720 related
    Nontaxable benefits
    $0 + $18,268 related
    Filer's total
    $0 + $271,696 related

  • Courtney Ramey

    CHIEF PRODUCT OFFICER

    Total calculated
    $255,747
    From this org
    $0
    From related orgs
    $241,576
    Other
    $14,171
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $0 + $155,422 related
    Bonus
    $0 + $85,000 related
    Other
    $0 + $1,154 related
    Deferred
    $0
    Nontaxable benefits
    $0 + $14,171 related
    Filer's total
    $0 + $255,747 related

  • Julie T Caldwell

    VP, SALES

    Total calculated
    $223,024
    From this org
    $0
    From related orgs
    $187,433
    Other
    $35,591
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $0 + $147,563 related
    Bonus
    $0 + $37,362 related
    Other
    $0 + $2,508 related
    Deferred
    $0 + $22,746 related
    Nontaxable benefits
    $0 + $12,845 related
    Filer's total
    $0 + $223,024 related

  • William S Farley

    VP, OPERATIONS & FINANCE ANALYTICS

    Total calculated
    $171,355
    From this org
    $0
    From related orgs
    $130,946
    Other
    $40,409
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $0 + $122,251 related
    Bonus
    $0 + $6,500 related
    Other
    $0 + $2,195 related
    Deferred
    $0 + $24,758 related
    Nontaxable benefits
    $0 + $15,651 related
    Filer's total
    $0 + $171,355 related

  • Sheldon Morais

    VP, SOFTWARE ENGINEERING

    Total calculated
    $183,291
    From this org
    $0
    From related orgs
    $149,499
    Other
    $33,792
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $0 + $127,992 related
    Bonus
    $0 + $20,000 related
    Other
    $0 + $1,507 related
    Deferred
    $0 + $9,475 related
    Nontaxable benefits
    $0 + $24,317 related
    Filer's total
    $0 + $183,291 related

  • Ashley Oster

    VP & DIRECTOR - MARKETING & PARTNERSHIP

    Total calculated
    $164,146
    From this org
    $0
    From related orgs
    $123,913
    Other
    $40,233
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $0 + $111,049 related
    Bonus
    $0 + $11,500 related
    Other
    $0 + $1,364 related
    Deferred
    $0 + $16,328 related
    Nontaxable benefits
    $0 + $23,905 related
    Filer's total
    $0 + $164,146 related

  • Tara Harris

    ASST. GEN. COUNSEL & VP RISK & COMPLIANCE

    Total calculated
    $111,898
    From this org
    $0
    From related orgs
    $109,594
    Other
    $2,304
    Hours/week
    40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 4b · Supplemental nonqualified retirement plan

Answered no

  • 4a · Severance or change-of-control payment
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 4B
FOUNDATION FOR THE CAROLINAS MAINTAINS A 457(B) PLAN FOR TOP EXECUTIVES. THE CONTRIBUTIONS TO THE PLAN DURING 2022 FOR PERSONS LISTED IN PART VII WERE AS FOLLOWS: MICHAEL MARSICANO $20,500 HOLLY WELCH STUBBING $20,500 FOUNDATION FOR THE CAROLINAS MAINTAINS A 457(F) PLAN FOR TOP EXECUTIVES. THE CONTRIBUTIONS TO THE PLAN DURING 2022 FOR PERSONS LISTED IN PART VII WERE AS FOLLOWS: MICHAEL MARSICANO $70,400 HOLLY WELCH STUBBING $20,900

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2022
Filed
14 November 2023
IRS schema version
2022v5.0
Source object
202313199349314806

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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