Sailors Snug Harbor Of Boston
- Assets
- $9.4m
- Revenue
- $323.5k
- Investments
- $8.6m
- Employees
- 0
- Location
- Boston, MA
- Founding
- 11/1934
- Data as of
- 04/2023
- EIN
- 04-2104430
Organization Overview
Sailors Snug Harbor Of Boston is located in Boston, MA. The organization was established in 1934. According to its NTEE Classification (C99) the organization is classified as: Environment N.E.C., under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sailors Snug Harbor Of Boston 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 04/2023, Sailors Snug Harbor Of Boston generated $323.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (12.9%) each year. All expenses for the organization totaled $569.1k during the year ending 04/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Sailors Snug Harbor Of Boston has awarded 177 individual grants totaling $3,254,300. 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 |
|---|---|---|---|
William C Eaton President/director | 2 | $0 | |
William B Perkins V.p./director | 2 | $0 | |
G West Saltonstall Asst Treasurer/director | 2 | $0 | |
Amory L Logan Treasurer/director | 2 | $0 | |
Arthur B Page Clerk/director | 2 | $0 | |
Thomas Rogerson Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $17,814 |
| Dividends & Interest | $141,124 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $164,606 |
| Capital Gain Net Income | $164,606 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $323,544 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $8,340 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $493 |
| Printing and publications | $0 |
| Other expenses | $648 |
| Total operating and administrative expenses | $119,844 |
| Contributions, gifts, grants paid | $449,300 |
| Total expenses and disbursements | $569,144 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $76,737 |
| Savings and temporary cash investments | $590,637 |
| 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 | $2,395,983 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $103,470 |
| Total assets | $9,404,305 |
| 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, Sailors Snug Harbor Of Boston has awarded $449,300 in support to 19 organizations.
| Grant Recipient | Amount |
|---|---|
ACTION INC PURPOSE: PROGRAM SUPPORT | $30,000 |
BOSTON MEDICAL CENTER PURPOSE: PROGRAM SUPPORT | $30,000 |
COASTAL FOODSHED INC PURPOSE: PROGRAM SUPPORT | $15,000 |
COMMUNITY DEVELOPMENT PARTNERSHIP PURPOSE: PROGRAM SUPPORT | $15,000 |
COMMUNITY ECONOMIC DEVELOPMENT CENTER OF SOUTHEAST MASSACHUSETTS PURPOSE: PROGRAM SUPPORT | $25,000 |
FRIENDSHIPWORKS INC PURPOSE: PROGRAM SUPPORT | $35,000 |