Homenetmen Eastern Region Inc
- Assets
- $58.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Watertown, MA
- Founding
- 03/1987
- Data as of
- 12/2023
- EIN
- 04-2859080
Organization Overview
Homenetmen Eastern Region Inc is located in Watertown, MA. The organization was established in 1987. 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. Homenetmen Eastern Region 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 12/2023, Homenetmen Eastern Region Inc generated $137.8k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 2.9% each year. All expenses for the organization totaled $125.0k during the year ending 12/2023. While expenses have increased by 8.7% per year over the past 9 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
PROVIDING YOUTH ATHLETICS AND BOYS & GIRLS SCOUTS TO ENHANCE THE GROWTH OF OUR YOUTH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Vicken Khatchadourian President | 10 | $0 | |
Nigol Keurkunian Treasurer | 5 | $0 | |
Galin Tashian Secretary | 5 | $0 | |
Razmik Banosian Vice President | 5 | $0 | |
Christopher Krikorian Director | 5 | $0 | |
Vahe Andonian Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $238 |
| Total Program Service Revenue | $93,033 |
| Membership dues | $44,186 |
| Investment income | $366 |
| Gain or Loss | -$19 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $137,804 |
| 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 | $9,600 |
| Occupancy, rent, utilities, and maintenance | $7,150 |
| Printing, publications, postage, and shipping | $8,904 |
| Other expenses | $86,837 |
| Total expenses | $124,991 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $44,355 |
| Other assets | $0 |
| Total assets | $58,729 |
| Total liabilities | $0 |
| Net assets or fund balances | $58,729 |