Gorham Times Inc is located in Gorham, ME. The organization was established in 1996. According to its NTEE Classification (A33) the organization is classified as: Printing & Publishing, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gorham Times Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Gorham Times Inc generated $86.0k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 2.1% each year. All expenses for the organization totaled $59.8k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
GORHAM TIMES PUBLISHES A BI-WEEKLY NEWSPAPER TO PROVIDE 5000+RESIDENTS WITH INFORMATION ABOUT TOWN COUNCIL,PLANNING BOARD,SCHOOL COMMITTEE,COMMUNITY PROFILES, SCHOOL AND SPORTS NEWS.
| Name (title) | Role | Hours | Compensation | 
|---|---|---|---|
Thomas Biegel President  | 4 | $0 | |
Kate Thomas Secretary/treasurer  | 1 | $0 | |
Lori Arsenault Editor  | 1 | $9,650 | |
Donna Soper Business Manager  | 10 | $14,127 | |
Sheri Faber Board Member  | 1 | $1,450 | |
Eliza Kenigsberg Board Member  | 1 | $0 | 
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,866 | 
| Total Program Service Revenue | $83,126 | 
| Membership dues | $0 | 
| Investment income | $14 | 
| Gain or Loss | $0 | 
| Net Income from Gaming & Fundraising | $0 | 
| Other Revenue | $0 | 
| Total Revenue | $86,006 | 
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 | 
| Benefits paid to or for members | $0 | 
| Salaries, other compensation, and employee benefits | $0 | 
| Professional fees and other payments to independent contractors | $54,195 | 
| Occupancy, rent, utilities, and maintenance | $195 | 
| Printing, publications, postage, and shipping | $0 | 
| Other expenses | $5,423 | 
| Total expenses | $59,813 | 
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $39,355 | 
| Other assets | $0 | 
| Total assets | $41,473 | 
| Total liabilities | $0 | 
| Net assets or fund balances | $41,473 | 
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