Community Service Of Newburyport Inc
- Assets
- $801.6k
- Revenue
- $219.4k
- Investments
- $0.0
- Employees
- 2
- Location
- Newburyport, MA
- Founding
- 05/1942
- Data as of
- 09/2023
- EIN
- 04-2104025
Organization Overview
Community Service Of Newburyport Inc is located in Newburyport, MA. The organization was established in 1942. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 09/2023, Community Service Of Newburyport Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Community Service Of Newburyport 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 09/2023, Community Service Of Newburyport Inc generated $219.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.5% each year. All expenses for the organization totaled $253.2k during the year ending 09/2023. While expenses have increased by 11.5% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO IMPROVE QUALITY OF LIFE BY PROVIDING ECONOMIC AND SOCIAL SUPPORT FOR RESIDENTS OF NEWBURY, NEWBURYPORT, AND WEST NEWBURY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING A VARIETY OF GIFT CARDS AT HOLIDAY TIME; PROVIDING MARKET BASKET GIFT CARDS TO CLIENTS DURING THE PANDEMIC; PROVIDING SUMMER CAMP SCHOLARSHIPS TO ELIGIBLE FAMILIES; PAYING UTILITY COMPANIES AND MEDICAL BILLS FOR FAMILIES WHO COUDL NOT PAY; DISTRIBUTING PERSONAL CARE ITEMS TO INDIVIDUALS IN NEED; PROVIDING LIMITED FINANCIAL ASSISTANCE TO SOME FOOD PANTRIES AND OTHER HELPING AGENCIES IN THE AREA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed President/di | OfficerTrustee | $0 | |
Richard Bazirgan Director | Trustee | $0 | |
Peg Brown Director | Trustee | $0 | |
Frank Cousins Director | Trustee | $0 | |
John Dodge Director | Trustee | $0 | |
Tracy Duford Treasurer | OfficerTrustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $179,743 |
| Noncash contributions included in lines 1a–1f | $21,670 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $179,743 |
| Total Program Service Revenue | $0 |
| Investment income | $25,398 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $14,277 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $219,418 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $3,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $79,816 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $242 |
| Payroll taxes | $6,520 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,970 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $3,975 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $3,951 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $24,887 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,428 |
| Insurance | $1,179 |
| All other expenses | $8,132 |
| Total functional expenses | $253,190 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $31,821 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $1,203 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $17,792 |
| Investments—publicly traded securities | $750,747 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $801,563 |
| Accounts payable and accrued expenses | $169 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $169 |
| Net assets without donor restrictions | $801,394 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $801,563 |