Town Center Of Bedford Inc is located in Bedford, MA. According to its NTEE Classification (P28) the organization is classified as: Neighborhood Centers, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Town Center Of Bedford 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 06/2024, Town Center Of Bedford Inc generated $79.0k in total revenue. The organization has seen a slow decline revenue. Over the past 3 years, revenues have fallen by an average of (1.1%) each year. All expenses for the organization totaled $80.0k during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by (0.7%) per year over the past 3 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
2024
Describe the Organization's Program Activity:
Part 3
MANAGED RENTAL VENUES FOR THE TOWN OF BEDFORD. SERVED MULTIPLE RENTERS, MANAGING REVENUES OF ABOUT $100,000 PAID DIRECTLY TO THE TOWN OF BEDFORD (A MUNICIPALITY) NOT TOWN CENTER OF BEDFORD.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Keith Backman Chairman | 3 | $0 | |
Thomas Larkin Vice Chairman | 1 | $0 | |
Suzanne Neal Treasurer | 1 | $0 | |
Gerldine Welch Secretary | 1 | $0 | |
William Moonan Member | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $78,987 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $78,987 |
| 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 | $79,226 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $763 |
| Total expenses | $79,989 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Total liabilities | $0 |
| Net assets or fund balances | $0 |