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ACTION FOR A BETTER COMMUNITY FOUNDATION INC
ROCHESTER, NY · EIN 161419706 · Form 990 · FY2023 · Small ($100K-$1M)
revenue
$217K
expenses
$300K
net assets
$194K
employees
0
program ratio
100%
mission · from form 990

TO SUPPORT THE GOALS OF ACTION FOR A BETTER COMMUNITY, INC. INCLUDING PROVIDING ASSISTANCE TO INDIVDUALS AND FAMILES TO ACQUIRE SKILLS, KNOWLEDGE AND TO GAIN ACCESS TO NEW OPPORTUNITIES IN ORDER TO ACHEIVE ECONOMIC SELF-SUFFICIENCY.

profile · synthesized from sources

Action for a Better Community Foundation Inc. supports economic self-sufficiency by helping individuals and families gain skills, knowledge, and access to opportunities. It functions as a foundation supporting the goals of Action for a Better Community, Inc., focusing on empowerment and long-term stability. The organization is based in Rochester, New York.

named programs · 1 · from sources

What they call their work

Support for Economic Self-Sufficiency
Provides assistance to individuals and families to acquire skills, knowledge, and access to opportunities leading to economic self-sufficiency
activities · 1 group

What they do

  • Charitable Grantmaking to Specific Causes 1 activity
    • Funding programs for economic self-sufficiency
      Funds initiatives that help individuals and families acquire skills, knowledge, and access to opportunities promoting economic self-sufficiency, in support of Action for a Better Community, Inc.'s mission.
financials · form 990 · fy2023
revenue
Total revenue$217K
Contributions & grants$209K96%
Program service revenue$00%
Investment income$00%
Other revenue$8K
expenses
Total expenses$300K
Program expenses100%
Admin / overhead0%
Fundraising0%
Salaries & benefits$91K
Grants paid out$100K
Largest expense lineCompensation
balance sheet
Total assets$197K
Cash$120K
Investments$0
Liabilities$2K
Net assets$194K
Liquid reserves4.8 mo
5 years on record · 2019–2023 · YoY revenue +56.7%
leadership · form 990 part vii · fy2023

Who runs it

paid leadership · 1
NameTitleHours/wkCompensation
JEROME UNDERWOOD BOARD MEMBER 2 $200K
board members · 5
  • BEN PEARSON — BOARD MEMBER
  • JOHN KAUPP — BOARD MEMBER
  • JONATHAN GHENT — BOARD MEMBER
  • LYNNE HALIK DDS — BOARD MEMBER
  • PATRICK CUNNINGHAM — BOARD MEMBER
relationships · 1

Who they work with

  • ACTION FOR A BETTER COMMUNITY, INC Partner — Primary affiliated organization whose goals the foundation supports
strategies · 1

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.