Hopedale High School Alumni Association
- Assets
- $1.8m
- Revenue
- $64.5k
- Investments
- $1.7m
- Employees
- 0
- Location
- Hopedale, MA
- Founding
- 04/1974
- Data as of
- 05/2023
- EIN
- 04-6134141
Organization Overview
Hopedale High School Alumni Association is located in Hopedale, MA. The organization was established in 1974. According to its NTEE Classification (B84) the organization is classified as: Alumni Associations, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hopedale High School Alumni Association 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 05/2023, Hopedale High School Alumni Association generated $64.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (8.3%) each year. All expenses for the organization totaled $154.8k during the year ending 05/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Hopedale High School Alumni Association has awarded 271 individual grants totaling $984,130. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTS AND SCHOLARSHIPS - SEE PART XV
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Karen Mazzarelli President | 10 | $0 | |
Darlene Macphee Treasurer | 4 | $0 | |
Kelly M Santoro Secretary | 2 | $0 | |
Ellen M Alves Director | 1 | $0 | |
Kimmett M Greenberg Director | 1 | $0 | |
Janet C Ellis Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $24,843 |
| Interest on Savings | $4 |
| Dividends & Interest | $85,099 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$45,463 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $64,483 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,202 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $12,817 |
| Total operating and administrative expenses | $29,542 |
| Contributions, gifts, grants paid | $125,300 |
| Total expenses and disbursements | $154,842 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $98,337 |
| Savings and temporary cash investments | $10,136 |
| 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 | $1,691,313 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,799,786 |
| Accounts payable and accrued expenses | $85,300 |
| 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 | $85,300 |
Grants Awarded
Over the last fiscal year, Hopedale High School Alumni Association has awarded $125,300 in support to 34 organizations.
| Grant Recipient | Amount |
|---|---|
ALYSSA SPIEZIO PURPOSE: SCHOLARSHIP | $5,000 |
ANNA RIELY PURPOSE: SCHOLARSHIP | $5,000 |
AAHAN SINGH PURPOSE: SCHOLARSHIP | $1,100 |
APRIL MASON PURPOSE: SCHOLARSHIP | $1,000 |
ARIANNA KOTOPOULOS PURPOSE: SCHOLARSHIP | $5,000 |
AVA ROMANO PURPOSE: SCHOLARSHIP | $1,500 |