Nonprofits›Wellspring Cooperative Corporation

Community Improvement & Capacity Building

Wellspring Cooperative Corporation

INDIAN ORCH, MA

WebsiteView as a funder

Total revenue

$883K

Total expenses

$630K

Net assets

$634K

Grants received

$1.2M

28 grants

EIN

465509253

Tax year

2024

Mission

To create a network of worker-owned firms to provide jobs and wealth for low-income residents of the city.

Financials

FY 2024

Revenue

Contributions & grants$854K
Program service revenue$13K
Investment income$15K
Other revenue—
Total revenue$883K

Expenses

Grants paid$136K
Salaries & benefits$263K
Fundraising$30K
Other expenses$231K
Total expenses$630K
Total assets$1.3M
Net assets$634K

People

13 listed

NameRoleCompensation

FRED ROSE

CO-DIRECTOR

Board

$88K

40 hrs/wk

EMILY KAWANO

CO-DIRECTOR

Board

$86K

40 hrs/wk

TERRY GIBSON

DIRECTOR

Board

—

0.5 hrs/wk

JULIA AGRON

DIRECTOR

Board

—

0.5 hrs/wk

JEFF JONES

CLERK

Board

—

0.5 hrs/wk

MOYAH SMITH

TREASURER

Board

—

0.5 hrs/wk

TRAYCE WHITFIELD

DIRECTOR

Board

—

0.5 hrs/wk

IVELICE LEFEBVRE

DIRECTOR

Board

—

0.5 hrs/wk

CLIVE NDLOVU

DIRECTOR

Board

—

0.5 hrs/wk

CHARLIE SCHWEIK

DIRECTOR

Board

—

0.5 hrs/wk

TODD BAILEY

DIRECTOR

Board

—

0.5 hrs/wk

LESENIA FIELDS

VICE PRESIDENT

Board

—

0.5 hrs/wk

ERNESTO CRUZ

PRESIDENT

Board

—

0.5 hrs/wk

Grants received

Showing 28 of 28

FromAmountPurposeYear
AMERICAN ONLINE GIVING FOUNDATION INC
$50K
GENERAL SUPPORT
2024
HEALTH NEW ENGLAND INC
$50K
AWARDS IN ALIGNMENT OF HEALTH NEW ENGLAND'S MISSION
2024
United Way Of Massachusetts Bay Inc
$156K
Community Impact
2023
Amalgamated Charitable Foundation Inc
$150K
General operating support
2023
HEALTH NEW ENGLAND INC
$50K
AWARDS IN ALIGNMENT WITH HEALTH NEW ENGLAND MISSION
2023
MASSMUTUAL FOUNDATION INC
$40K
EXEMPT PURPOSE
2023
AMERICAN ONLINE GIVING FOUNDATION INC
$40K
GENERAL SUPPORT
2023
COMMUNITY FOUNDATION OF WESTERN
$33K
ECONOMIC DEVELOPMENT
2023
THE BEVERIDGE FAMILY FOUNDATION
$20K
ROOTING SOLIDARITY ECONOMY (SE): LEVERAGING A COMMUNITY LAND TRUST MODEL TO BUILD A LOCAL SOLIDARITY ECONOMY ECOSYSTEM
2023
WILD GEESE FOUNDATION INC
$10K
GENERAL PURPOSE
2023
COMMUNITY FOUNDATION OF WESTERN
$82K
GENERAL PURPOSE
2022
HEALTH NEW ENGLAND INC
$50K
AWARDS ARE MADE WHERE THEY ALIGN WITH HEALTH PRIORITIES AS IDENTIFIED BY THE HEALTH NEW ENGLAND
2022
MASSMUTUAL FOUNDATION INC
$40K
EXEMPT PURPOSE
2022
AMERICAN ONLINE GIVING FOUNDATION INC
$40K
GENERAL SUPPORT
2022
United Way Of Massachusetts Bay Inc
$22K
Community Impact
2022
WILD GEESE FOUNDATION INC
$20K
GENERAL PURPOSE
2022
BERKSHIRE BANK FOUNDATION INC
$5K
COOPERATIVE BUSINESS DEVELOPMENT AND CAPACITY BUILDING
2022
United Way Of Massachusetts Bay Inc
$83K
Community Impact
2021
AMERICAN ONLINE GIVING FOUNDATION INC
$40K
GENERAL SUPPORT
2021
MASSMUTUAL FOUNDATION INC
$49K
EXEMPT PURPOSE
2020
United Way Of Massachusetts Bay Inc
$44K
Community Impact
2020
AMERICAN ONLINE GIVING FOUNDATION INC
$40K
GENERAL SUPPORT
2020
CINCINNATI UNION COOPERATIVE INITIATIVE
$27K
GRANT PARTNERSHIP
2020
RICHARD SCHWARTZ FAMILY FOUNDATION
$17K
GENERAL OPERATING SUPPORT
2020
WILD GEESE FOUNDATION INC
$10K
GENERAL PURPOSE
2020
COMMUNITY FOUNDATION OF WESTERN
$14K
FOR THE $15,000 MATCHGENERAL SUPPORTWHERE EVER NEEDED
2019
COMMUNITY FOUNDATION OF WESTERN
$12K
ECONOMIC DEVELOPMENT
2018
DONOR ADVISED CHARITABLE GIVING INC
$10K
SOCIAL SERVICES/SOCIAL BENEFITS
2017

Funded by

$1.2M from 12 funders · 28 grants · 2017–2024

United Way Of Massachusetts Bay Inc

$305K · 4 grants · 2020–2023

American Online Giving Foundation Inc

$210K · 5 grants · 2020–2024

Health New England Inc

$150K · 3 grants · 2022–2024

Community Foundation Of Western

$141K · 4 grants · 2018–2023

Massmutual Foundation Inc

$129K · 3 grants · 2020–2023

Wild Geese Foundation Inc

$40K · 3 grants · 2020–2023

Details

EIN465509253
NTEE codeS30
Subsection03
Ruling date2015-05
Formed2014
Employees5
Volunteers25
WELLSPRING COOPERATIVE CORPORATION — Mission, Financials & Grants Received | Grantivo