Waterville Area Womans Club
- Assets
- $250.3k
- Revenue
- $15.2k
- Investments
- $239.6k
- Employees
- 0
- Location
- Waterville, ME
- Founding
- 10/1996
- Data as of
- 06/2021
- EIN
- 01-0509876
Organization Overview
Waterville Area Womans Club is located in Waterville, ME. The organization was established in 1996. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Waterville Area Womans Club 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 06/2021, Waterville Area Womans Club generated $15.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (9.5%) each year. All expenses for the organization totaled $18.1k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (3.6%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Waterville Area Womans Club has awarded 102 individual grants totaling $146,995. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Helen Bell-Necevski Executive Director | 1 | $2,000 | |
Danielle Martin Treasurer | 1 | $1,250 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $795 |
| Interest on Savings | $0 |
| Dividends & Interest | $6,090 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $8,319 |
| Capital Gain Net Income | $8,319 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $15,204 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $3,250 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $104 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $226 |
| Total operating and administrative expenses | $4,524 |
| Contributions, gifts, grants paid | $13,600 |
| Total expenses and disbursements | $18,124 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,743 |
| Savings and temporary cash investments | $1,155 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $239,593 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $4,825 |
| Total assets | $250,316 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Waterville Area Womans Club has awarded $13,600 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
WATERVILLE PUBLIC LIBRARY PURPOSE: GENERAL CONTRIBUTION | $3,000 |
PINE TREE SOCIETY CAMP PURPOSE: GENERAL CONTRIBUTION | $2,000 |
SHINEON CASS PURPOSE: GENERAL CONTRIBUTION | $2,000 |
Waterville, ME PURPOSE: GENERAL CONTRIBUTION | $1,100 |
CAMP TO BELONG PURPOSE: SPONSORSHIP OF TWO CAMPERS | $1,000 |
ALFOND YOUTH CENTER PURPOSE: BACKPACK PROGRAM | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Wolfes Neck Farm Foundation Inc Freeport, ME | $12,188,100 | $5,656,149 |
Francis T & Louise T Nichols Foundation Bangor, ME | $18,153,366 | $3,236,435 |
Horizon Foundation Inc Portland, ME | $24,987,883 | $2,103,553 |
Burns Family Foundation Inc Damariscotta, ME | $7,389,840 | $428,121 |
Information Technology Exchange Searsport, ME | $1,439,216 | $1,322,404 |
Positive Tracks Inc Hanover, NH | $788,895 | $936,477 |
Land Conservation Assistance Network Yarmouth, ME | $35,022 | $631,077 |
Krempels Center Portsmouth, NH | $1,041,013 | $734,120 |
Watermans Community Center North Haven, ME | $3,096,274 | $570,258 |
Charitable Division Of The Rotary Club Of Portsmouth New Hampshire Portsmouth, NH | $3,205,504 | $502,112 |
Islesboro Islands Trust Islesboro, ME | $4,486,881 | $831,070 |
Hine Corporation Scarborough, ME | $1,274,954 | $334,482 |