Form 990 for tax year 2023
Filed by JANE ADDAMS RESOURCE CORPORATION - RHODE ISLAND.
Totals
- Total revenue
- $1,500,367
- Total expenses
- $981,529
- Contributions and grants received
- $1,375,090
- Grants paid
- $0
- Program service revenue
- $20,800
- Investment income
- $0
- Other revenue
- $104,477
- Total assets, end of year
- $1,539,203
- Total liabilities, end of year
- $1,085,249
- Net assets or fund balances, end of year
- $453,954
- Program services expenses (Part IX)
- $913,736
- Management and general expenses
- $67,793
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $913,736
Program services were 93.1% 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.
-
1e · Government grants (contributions)
$323,873
-
1f · All other contributions, gifts and grants
$1,051,217
-
2a · Program service revenue: PROGRAM INCOME AND FEE
total $20,800 · related or exempt $20,800
-
11a · Other revenue: MISCELLANEOUS INCOME
total $104,477 · related or exempt $104,477
-
11e · Other revenue, total
$104,477
Functional expenses
Part IX, the statement of functional expenses.
-
9 · Other employee benefits
total $519 · program services $519
-
11c · Fees: accounting
total $13,570 · program services $13,510 · management and general $60
-
11g · Fees: other
total $60 · program services $60
-
12 · Advertising and promotion
total $1,729 · program services $1,417 · management and general $312
-
13 · Office expenses
total $17,818 · program services $17,500 · management and general $318
-
14 · Information technology
total $5,687 · program services $5,687
-
16 · Occupancy
total $138,998 · program services $78,347 · management and general $60,651
-
17 · Travel
total $15,073 · program services $14,077 · management and general $996
-
22 · Depreciation, depletion and amortization
total $92,465 · program services $92,465
-
23 · Insurance
total $3,734 · program services $3,734
-
24a · Other expenses: MANAGEMENT AGREEMENT
total $639,225 · program services $639,225
-
24b · Other expenses: PROGRAMMATIC SUPPLIES A
total $28,360 · program services $28,225 · management and general $135
-
24c · Other expenses: MISCELLANEOUS
total $11,757 · program services $6,436 · management and general $5,321
-
24d · Other expenses: PARTICIPANT ASSISTANCE
total $8,083 · program services $8,083
-
24e · All other expenses
total $4,451 · program services $4,451
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $85,375 · end of year $177,605
-
3 · Pledges and grants receivable
beginning of year $270,434 · end of year $377,831
-
9 · Prepaid expenses and deferred charges
beginning of year $1,759 · end of year $37,305
-
10a · Land, buildings and equipment: cost or other basis
$428,454
-
10b · Land, buildings and equipment: accumulated depreciation
$122,706
-
10c · Land, buildings and equipment, net
beginning of year $398,213 · end of year $305,748
-
15 · Other assets
beginning of year $462,929 · end of year $640,714
-
17 · Accounts payable and accrued expenses
beginning of year $54,005 · end of year $72,596
-
19 · Deferred revenue
end of year $100,000
-
25 · Other liabilities
beginning of year $1,229,589 · end of year $912,653
-
27 · Net assets without donor restrictions
beginning of year -$64,884 · end of year $453,954
Mission and programs · 2023
Mission
SEE SCHEDULE O
Activities or mission (Part I)
PROMOTE STRONG COMMUNITIES, BUSINESSES AND HOUSEHOLDS TO ENSURE THAT PEOPLE WHO WORK DO NOT LIVE IN POVERTY.
-
COMPUTER NUMERICAL CONTROL (CNC) FAST TRACK - THE CNC FAST TRACK PROGRAM OFFERS 500 HOURS ( 20 WEEKS) OF HANDS-ON CNC MACHINE TRAINING. THE CURRICULUM PREPARES STUDENTS FOR ENTRY-LEVEL CNC OPERATOR POSITIONS BUT ALSO TRAINS STUDENTS IN SKILL SETS THAT ALLOW THEM TO ADVANCE UP THE CAREER LADDER INTO POSITIONS SUCH AS CNC SET-UP, PROGRAMMING AND QUALITY CONTROL.
Expenses $417,654 · Revenue $57,236
-
MANUFACTURING BRIDGE - THE PROGRAM PREPARES JOB SEEKERS FOR ADVANCED MANUFACTURING TRAINING PROGRAMS, SUCH AS CNC AND WELDING FAST TRACK PROGRAMS, OR FOR ENTRY LEVEL EMPLOYMENT IN MANUFACTURING OR CONSTRUCTION. THE PROGRAM OFFERS 192 HOURS (12 WEEKS) OF TRAINING.
Expenses $376,712 · Revenue $51,682
-
BUSINESS AND WORKFORCE SERVICES - THE PROGRAM DESIGNS AND DELIVERS CUSTOMIZED TRAINING SOLUTIONS FOR MANUFACTURING COMPANIES.
Expenses $118,064 · Revenue $16,180
-
OTHER PROGRAM SERVICES
Expenses $1,306 · Revenue $179
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Tammy PhillipsTAMMY PHILLIPS
CHAIR
- Total calculated
- $0
- Hours/week
- 2 + 2 related
-
Darnell Shields ChicagoDARNELL SHIELDS CHICAGO
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 2 + 2 related
-
Teaera Strum BaltimoreTEAERA STRUM BALTIMORE
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 2 + 2 related
-
Lindsey BrickleLINDSEY BRICKLE
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 2 + 2 related
-
Andrew BrayANDREW BRAY
SECRETARY
- Total calculated
- $0
- Hours/week
- 2 + 2 related
-
Brett MuellerBRETT MUELLER
TREASURER
- Total calculated
- $0
- Hours/week
- 2 + 2 related
-
Colin CosgroveCOLIN COSGROVE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Linda DworakLINDA DWORAK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Matthew FitzgeraldMATTHEW FITZGERALD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Andrew CroweANDREW CROWE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Sequane LawrenceSEQUANE LAWRENCE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
John-Paul PaonessaJOHN-PAUL PAONESSA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Paul ShadlePAUL SHADLE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Regan Brewer JohnsonREGAN BREWER JOHNSON
PRESIDENT
- Total calculated
- $166,367
- From this org
- $0
- From related orgs
- $147,682
- Other
- $18,685
- Hours/week
- 17.5 + 17.5 related
Schedule J breakdown matched by us
- Base
- $0 + $147,682 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $3,190 related
- Nontaxable benefits
- $0 + $15,495 related
- Filer's total
- $0 + $166,367 related
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
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 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
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
No itemized grants to organizations on this return.
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.
-
JANE ADDAMS RESOURCE CORPORATION
501(C)(3) · ECONOMIC DEVELOPMENT · IL
-
JANE ADDAMS RESOURCE CORPORATION BALTIMORE -
501(C)(3) · ECONOMIC DEVELOPMENT · IL
-
JANE ADDAMS DEVELOPMENT CORPORATION
501(C)(3) · ECONOMIC DEVELOPMENT · IL
-
JANE ADDAMS DELTA DEVELOPMENT CORPORATION
501(C)(3) · ECONOMIC DEVELOPMENT · IL
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 2 May 2025
- IRS schema version
- 2023v6.0
- Source object
- 202541269349301649
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