Aquinas Association
- Assets
- $241.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Worcester, MA
- Founding
- 05/1961
- Data as of
- 06/2023
- EIN
- 04-2088776
Organization Overview
Aquinas Association is located in Worcester, MA. The organization was established in 1961. According to its NTEE Classification (B83) the organization is classified as: Student Sororities & Fraternities, under the broad grouping of Education and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Aquinas Association is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 06/2023, Aquinas Association generated $55.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (7.2%) each year. All expenses for the organization totaled $75.1k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (0.1%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Everett Harding Chairman | 3 | $0 | |
Dylan Felty VP Undergrad | 3 | $0 | |
Jeff Sirocki VP Alumni | 3 | $0 | |
Luke Buquicchio Assoc Trustee | 1 | $0 | |
Edward Philippo Treasurer | 3 | $0 | |
Arthur Heinricher Faculty Adv, Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,421 |
| Total Program Service Revenue | $51,615 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $55,036 |
| 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 | $4,530 |
| Occupancy, rent, utilities, and maintenance | $28,440 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $42,135 |
| Total expenses | $75,105 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $7,979 |
| Other assets | $0 |
| Total assets | $241,008 |
| Total liabilities | $137,328 |
| Net assets or fund balances | $103,680 |