J W Robinson Welfare Trust
- Assets
- $1.3m
- Revenue
- $81.6k
- Investments
- $960.8k
- Employees
- 0
- Location
- Gardiner, ME
- Founding
- 06/1975
- Data as of
- 12/2023
- EIN
- 01-6009329
Organization Overview
J W Robinson Welfare Trust is located in Gardiner, ME. The organization was established in 1975. According to its NTEE Classification (Y20) the organization is classified as: Insurance Providers, under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. J W Robinson Welfare Trust 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 12/2023, J W Robinson Welfare Trust generated $81.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (11.0%) each year. All expenses for the organization totaled $111.2k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, J W Robinson Welfare Trust has awarded 93 individual grants totaling $329,700. 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 |
|---|---|---|---|
Patricia Hart Trustee | 4 | $1,412 | |
Sarah Rines Trustee | 4 | $1,412 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $10,072 |
| Dividends & Interest | $26,683 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $44,878 |
| Capital Gain Net Income | $44,878 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $81,633 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $2,824 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $275 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,158 |
| Total operating and administrative expenses | $24,551 |
| Contributions, gifts, grants paid | $86,600 |
| Total expenses and disbursements | $111,151 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $66,079 |
| Savings and temporary cash investments | $277,782 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,304,684 |
| 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, J W Robinson Welfare Trust has awarded $86,600 in support to 20 organizations.
| Grant Recipient | Amount |
|---|---|
BOYS GIRLS CLUB - GREATER GARDINE PURPOSE: PROJECT | $14,000 |
CHRIST CHURCH EPISCOPAL PURPOSE: PROJECT | $1,500 |
CHRYSALIS PLACE PURPOSE: PROJECT | $5,000 |
CITY OF GARDINER PURPOSE: PROJECT | $7,500 |
FIRST BAPTIST CHURCH OF GARDINER PURPOSE: PROJECT | $3,450 |
TIGERS FOOD PANTRY PURPOSE: PROJECT | $1,750 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
New Hampshire Bankers Association Insurance Trust Concord, NH | $848,132 | $8,474,963 |
Main Insurance Agents Assoc Hallowell, ME | $1,157,243 | $1,093,668 |
Bangor Hydro-Electric Company Voluntary Employee Benefit Bangor, ME | $36,700 | $2,162 |
New Hampshire Association Of Insurance Agents Inc Concord, NH | $1,331,156 | $706,949 |
Maine Self Insurance Guaranty Association Cape Elizabeth, ME | $4,352,275 | $159,277 |
J W Robinson Welfare Trust Gardiner, ME | $1,304,684 | $81,633 |
Workers Compensation Coordinating Council Augusta, ME | $98,416 | $0 |
Claremont Youth Baseball & Softball Inc Claremont, NH | $25,931 | $0 |