Friends Of The Marblehead Council On Aging Inc
- Assets
- $233.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Marblehead, MA
- Founding
- 05/1994
- Data as of
- 12/2021
- EIN
- 04-3084729
Organization Overview
Friends Of The Marblehead Council On Aging Inc is located in Marblehead, MA. The organization was established in 1994. According to its NTEE Classification (P11) the organization is classified as: Single Organization Support, 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. Friends Of The Marblehead Council On Aging 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 12/2021, Friends Of The Marblehead Council On Aging Inc generated $104.0k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.1% each year . All expenses for the organization totaled $77.7k during the year ending 12/2021. While expenses have increased by 8.9% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
PROVIDE FINANCIAL ASSISTANCE FOR THE MARBLEHEAD COUNCIL ON AGING
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chris Van Remoortel Vice President | 2 | $0 | |
James Marotta Director | 2 | $0 | |
Dinny Schwalbe Director | 2 | $0 | |
Barbara Buchanan Director | 2 | $0 | |
Pamela Buell Director | 2 | $0 | |
Kate Dailey President | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $41,555 |
| Total Program Service Revenue | $0 |
| Membership dues | $59,207 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $3,030 |
| Other Revenue | $217 |
| Total Revenue | $104,009 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $9,878 |
| Other expenses | $54 |
| Total expenses | $77,677 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $233,921 |
| Other assets | $0 |
| Total assets | $233,921 |
| Total liabilities | $0 |
| Net assets or fund balances | $233,921 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Friends Of The Marblehead Council On Aging Inc has recieved totaling $50.
| Awarding Organization | Amount |
|---|---|
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $50 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Riverwoods Group Exeter, NH | $22,317,301 | $6,822,003 |
Sco Foundation Glen Cove, NY | $76,367,709 | $5,076,725 |
George H And Irene L Walker Trust Rochester, MA | $0 | $164,069 |
Advocate Hostels Holding Inc Malone, NY | $36,893,265 | $2,127,951 |
Seherr-Thoss Charitable Tr Garden City, NY | $17,612,581 | $1,667,197 |
Childrens Village Institute Dobbs Ferry, NY | $18,111,383 | $1,163,652 |
Northeastern Association For The Blind Foundation Inc Albany, NY | $4,109,101 | $308,793 |
New Directions Foundation Inc Randolph, NY | $13,328,320 | $1,217,049 |
North Hill Communities Inc Needham, MA | $928,543 | $907,714 |
Community Human Services Inc Trust Lexington, MA | $17,068,220 | $1,183,549 |
Nfte Endowment Fund Inc New York, NY | $14,450,803 | $693,194 |
Havenwood-Heritage Heights Trust Fund Concord, NH | $30,142,271 | $3,466,366 |