CHELSEA BLACK COMMUNITY

EIN: 861966422 501(c)(3) Community Improvement

CHELSEA, MA

Total Revenue
$212,000
Total Expenses
$214,734
Total Assets
$10,735
Net Assets
$10,735
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2021
Legal Domicile
MA
Phone
6178881602
Tax Period
2022-01-01 to 2022-12-31

CHELSEA BLACK COMMUNITY, founded in 2021, is a small nonprofit in the Community Improvement sector that reported $212K in total revenue in fiscal year 2022.

Mission

Our primary mission in 2022 was serving our community of economically disadvantaged individuals by helping to assist in providing information on the availability of vaccinations encouraging vaccinations registering clients at the vaccination site of whom many were illiterate providing translation services and in general promoting Best Practices of Service to greatly increase the vaccination rates and decrease deaths and hospitalizations. Our rates went from less than 35% vaccinated to 98% vaccinated in the Chelsea Massachusetts area. For 2022 we assisted in 10,128 individual vaccinations. COVID-19 deaths and hospitalizations were greatly reduced in our city as well.

Program Service Accomplishments

Program 1
Expenses: $140,000 Revenue: $0

Accomplishments: The vaccination assistance along with Cataldo Ambulance at the Chelsea Senior Center 10,128 vaccinated of all ages 6 months old to 101 year old resident. Support from the entire...

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Accomplishments: The vaccination assistance along with Cataldo Ambulance at the Chelsea Senior Center 10,128 vaccinated of all ages 6 months old to 101 year old resident. Support from the entire community and

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $212,000
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $212,000

Expense Breakdown

Grants Paid $0
Salaries & Benefits $96,444
Fundraising Expenses $0
Program Expenses $140,000
Other Expenses $118,290
TOTAL EXPENSES $214,734

Year-over-Year Comparison

2022 2021 Change
Revenue $212,000 N/A N/A
Expenses $214,734 N/A N/A
Net Income $-2,734 $0 N/A
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
3
Independent Members
3
Employees
5
Volunteers
10

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$0
Total Directors
3
$0
Key Employees
5
$76,172
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
N/A President 28.00
Key Emp
$36,168 $0 $36,168
N/A Grant Administration Reporting 23.00
Key Emp
$30,750 $0 $30,750
N/A Secretary Supervisor 8.00
Key Emp
$7,310 $0 $7,310
N/A Leader of Grant Publications 2.00
Key Emp
$1,890 $0 $1,890
N/A Ambassador 0.35
Key Emp
$54 $0 $54
N/A Treasurer 0.00
Officer
$0 $0 $0
N/A Vice President 0.00
Officer
$0 $0 $0
N/A Provost 0.00
Officer
$0 $0 $0
N/A Board Member 0.00
Director
$0 $0 $0
N/A Board Member 0.00
Director
$0 $0 $0
Lawrence Elgart Board Member 0.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2022 $212,000 $214,734 $10,735 $-2,734
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