Salem Police Benevolent Association Inc is located in Salem, NH. The organization was established in 2009. According to its NTEE Classification (S82) the organization is classified as: Mens Service Clubs, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Salem Police Benevolent Association Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2022, Salem Police Benevolent Association Inc generated $141.9k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 7.1% each year. All expenses for the organization totaled $39.3k during the year ending 12/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE BEREAVEMENT GRANTS TO FAMILIES OF DECEASED OFFICERS, SCHOLARSHIPS TO HIGH SCHOOL GRADUATES PURSUING A CAREER IN LAW ENFORCEMENT, AND SUPPLEMENTAL DISABILITY INCOME FOR OFFICERS INJURED IN THE LINE OF DUTY.
Describe the Organization's Program Activity:
Part 3
PROVIDED $5,000.00 IN SCHOLARSHIPS TO GRADUATING HIGH SCHOOL SENIORS.
AWARDED $14,870.00 TO VARIOUS YOUTH RELATED AND OTHER PROGRAMS IN THE COMMUNITY.
PROVIDED $750.00 IN DISABILITY BENEFITS AND FUNERAL EXPENSES TO OFFICERS INJURED OR KILLED IN THE LINE OF DUTY.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christine Dugas President | 2 | $0 | |
Michael Mccarthy Treasurer | 2 | $0 | |
Paul Benoit Director | 2 | $0 | |
Diana Mcmahon Director | 2 | $0 | |
Joshua Dempsey Vice Preside | 2 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $14,108 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $2,723 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $125,078 |
| Other Revenue | $0 |
| Total Revenue | $141,909 |
| 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 | $1,575 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $14,175 |
| Total expenses | $39,340 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $442,995 |
| Other assets | $0 |
| Total assets | $446,087 |
| Total liabilities | $0 |
| Net assets or fund balances | $446,087 |
Over the last fiscal year, Salem Police Benevolent Association Inc has awarded $7,800 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN CANCER SOCIETY PURPOSE: Assist organization in charitable goals | $7,800 |