Salem Christmas Fund Inc is located in Salem, NH. The organization was established in 1980. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Salem Christmas Fund 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 08/2023, Salem Christmas Fund Inc generated $93.5k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (1.3%) each year. All expenses for the organization totaled $32.3k during the year ending 08/2023. As we would expect to see with falling revenues, expenses have declined by (14.1%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
PROVIDED FOOD AND CLOTHING TO INDIVIDUALS IN NEED.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alan Phair Chairman | 2 | $0 | |
Irene Martin Treasurer | 2 | $0 | |
Richard O'shaughnessy Board Member | 2 | $0 | |
Nancy Lefebvre Board Member | 2 | $0 | |
Melissa Sorcinelli Board Member | 2 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,379 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $160 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $82,998 |
| Other Revenue | $0 |
| Total Revenue | $93,537 |
| 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 | $770 |
| Occupancy, rent, utilities, and maintenance | $813 |
| Printing, publications, postage, and shipping | $1,990 |
| Other expenses | $28,732 |
| Total expenses | $32,305 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $206,473 |
| Other assets | $0 |
| Total assets | $206,473 |
| Total liabilities | $0 |
| Net assets or fund balances | $206,473 |