Totals
- Total revenue
- $1,016,808
- Total expenses
- $1,012,961
- Contributions and grants received
- $1,030,014
- Grants paid
- $1,002,230
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- -$13,206
- Total assets, end of year
- $490,697
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $490,697
- Program services expenses (Part IX)
- $1,010,125
- Management and general expenses
- $2,836
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $1,010,125
Program services were 99.7% 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.
-
1a · Federated campaigns
$0
-
1b · Membership dues
$0
-
1c · Fundraising events
$11,997
-
1d · Related organizations
$702,563
-
1e · Government grants (contributions)
$0
-
1f · All other contributions, gifts and grants
$315,454
-
1g · Noncash contributions included above
$85,505
-
6c · Rental income or loss
real property $0 · personal property $0
-
7c · Gain or loss
securities $0 · other assets $0
-
8a · Fundraising events: gross income
$72,299
-
8a · Fundraising events: contributions included on line 1c
$11,997
-
8b · Fundraising events: direct expenses
$85,505
-
8c · Net income from fundraising events
total -$13,206 · unrelated business -$13,206 · excluded $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $894,230 · program services $894,230
-
2 · Grants to domestic individuals
total $108,000 · program services $108,000
-
3 · Grants to foreign organizations and individuals
total $0 · program services $0
-
4 · Benefits paid to or for members
total $0 · program services $0
-
5 · Compensation of officers, directors and key employees
total $0 · program services $0 · management and general $0 · fundraising $0
-
6 · Compensation of disqualified persons
total $0 · program services $0 · management and general $0 · fundraising $0
-
7 · Other salaries and wages
total $0 · program services $0 · management and general $0 · fundraising $0
-
8 · Pension plan contributions
total $0 · program services $0 · management and general $0 · fundraising $0
-
9 · Other employee benefits
total $0 · program services $0 · management and general $0 · fundraising $0
-
10 · Payroll taxes
total $0 · program services $0 · management and general $0 · fundraising $0
-
11a · Fees: management
total $0 · program services $0 · management and general $0 · fundraising $0
-
11b · Fees: legal
total $0 · program services $0 · management and general $0 · fundraising $0
-
11c · Fees: accounting
total $2,500 · program services $0 · management and general $2,500 · fundraising $0
-
11d · Fees: lobbying
total $0 · program services $0 · management and general $0 · fundraising $0
-
11e · Fees: professional fundraising services
total $0 · fundraising $0
-
11f · Fees: investment management
total $0 · program services $0 · management and general $0 · fundraising $0
-
11g · Fees: other
total $0 · program services $0 · management and general $0 · fundraising $0
-
12 · Advertising and promotion
total $0 · program services $0 · management and general $0 · fundraising $0
-
13 · Office expenses
total $8,231 · program services $7,895 · management and general $336 · fundraising $0
-
14 · Information technology
total $0 · program services $0 · management and general $0 · fundraising $0
-
15 · Royalties
total $0 · program services $0 · management and general $0 · fundraising $0
-
16 · Occupancy
total $0 · program services $0 · management and general $0 · fundraising $0
-
17 · Travel
total $0 · program services $0 · management and general $0 · fundraising $0
-
18 · Travel or entertainment for public officials
total $0 · program services $0 · management and general $0 · fundraising $0
-
19 · Conferences, conventions and meetings
total $0 · program services $0 · management and general $0 · fundraising $0
-
20 · Interest
total $0 · program services $0 · management and general $0 · fundraising $0
-
21 · Payments to affiliates
total $0 · program services $0 · management and general $0 · fundraising $0
-
22 · Depreciation, depletion and amortization
total $0 · program services $0 · management and general $0 · fundraising $0
-
23 · Insurance
total $0 · program services $0 · management and general $0 · fundraising $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $486,850 · end of year $490,697
-
2 · Savings and temporary cash investments
beginning of year $0 · end of year $0
-
3 · Pledges and grants receivable
beginning of year $0 · end of year $0
-
4 · Accounts receivable
beginning of year $0 · end of year $0
-
5 · Loans and receivables from officers and key people
beginning of year $0 · end of year $0
-
6 · Loans and receivables from disqualified persons
beginning of year $0 · end of year $0
-
7 · Other notes and loans receivable
beginning of year $0 · end of year $0
-
8 · Inventories for sale or use
beginning of year $0 · end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $0 · end of year $0
-
10c · Land, buildings and equipment, net
beginning of year $0
-
11 · Investments: publicly traded securities
beginning of year $0 · end of year $0
-
12 · Investments: other securities
beginning of year $0 · end of year $0
-
13 · Investments: program-related
beginning of year $0 · end of year $0
-
14 · Intangible assets
beginning of year $0 · end of year $0
-
15 · Other assets
beginning of year $0 · end of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $0 · end of year $0
-
18 · Grants payable
beginning of year $0 · end of year $0
-
19 · Deferred revenue
beginning of year $0 · end of year $0
-
20 · Tax-exempt bond liabilities
beginning of year $0 · end of year $0
-
21 · Escrow or custodial account liability
beginning of year $0 · end of year $0
-
22 · Loans and payables to officers and key people
beginning of year $0 · end of year $0
-
23 · Secured mortgages and notes payable
beginning of year $0 · end of year $0
-
24 · Unsecured notes and loans payable
beginning of year $0 · end of year $0
-
25 · Other liabilities
beginning of year $0
-
27 · Net assets without donor restrictions
beginning of year $486,850 · end of year $490,697
-
28 · Net assets with donor restrictions
beginning of year $0 · end of year $0
Mission and programs · 2022
Mission
To provide the employees of USLI the opportunity to request donations to be made to charities and causes to which they have a direct, personal connection, and to serve as a portal for funds raised from USLI employees and customers to support a broad range of charitable causes and organizations.
-
The CARE2 Fund at USLI Inc. has a long-standing relationship with breastcancer.org, a local charity specializing in breast cancer outreach, education and research. Every October we hold a series of October Together fundraisers including a silent auction. This our largest fundraiser of the year.
Expenses $395,407 · Grants $391,238
-
Donations of funds raised from USLI employees, clients and customers for disaster relief and in support of charitable causes. 2022 outreach included support for under-served and in-need individuals; mental health treatment; malaria prevention; clean drinking water for Haitians; relief for survivors of mass shootings and their families; pancreatic cancer research and contributions to the American Red Cross for humanitarian aid to Ukraine.Two of the fundraisers were to support the education of the surviving children of individuals lost to illness.
Expenses $389,476 · Grants $385,879
-
The CARE2 Fund at USLI Inc has entered into a partnership with Urban Creators, a 501(c)3 urban farm in Philadelphia working to feed and educate under-served families. $117,750 was contributed to support staff salaries, and $35,863 was contributed toward the construction of new facilities at the farm.
Expenses $153,613 · Grants $153,613
-
Donations to 78 causes suggested by members of the USLI Community, ranging from medical support for critically ill children to support for individuals and teams participating in fundraising events to support for community and outreach organizations such as animal shelters, counseling centers, domestic violence centers, and feeding programs. All donations range from $250 to $1,000 per cause. Ten of the causes were specific assistance to individuals: six to assist medical patients and their families with medical or other expenses, two to help cover funeral expenses after a sudden death, and one to help with emergency expenses after a fire.
Expenses $71,629 · Grants $71,500
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Thomas P Nerney
Chairman
- Total calculated
- $0
- Hours/week
- 1
-
Joseph J McLaughlin Jr
Director
- Total calculated
- $0
- Hours/week
- 0.3
-
Stephen M Lyons
Director
- Total calculated
- $0
- Hours/week
- 0.3
-
Sasha Moul
President
- Total calculated
- $0
- Hours/week
- 2
-
John Vesey
Secretary
- Total calculated
- $0
- Hours/week
- 2
-
David A Skoog
Treasurer
- Total calculated
- $0
- Hours/week
- 5
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.
Grants on this return
-
$390,000
Support for breast cancer awareness, outreach and research
-
$153,613
Support for an urban farm and community outreach organization. $117,750 was designated for staff salaries and $35,863 was given to support construction and infrastructure projects.
-
$60,000
Humanitarian aid for Ukraine.
-
$52,545
Funding to construct water filter houses on Haiti to provide safe clean drinking water.
-
Malaria prevention
-
$33,791
Support for matching critically ill children with college sports teams for therapeutic healing.
-
Support for expansion of the hospital's behavioral health inpatient unit.
-
Support for the Uvalde Strong Survivors' Fund for the survivors and families of the Uvalde, TX mass shooting.
-
Contribution to the Buffalo 05/14 Survivors' Fund in support of the survivors and families of the Buffalo, NY mass shooting.
-
Support for pancreatic cancer research and for aid to those battling the illness.
The 10 largest by cash amount. The API serves every itemized grant.
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
US Investment Corporation
C · Insurance Holding Company · PA · 0% owned · share of income $0 · share of assets $0
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 14 May 2023
- IRS schema version
- 2022v5.0
- Source object
- 202341359349312319
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.