Suffield Observer Inc
- Assets
- $66.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Suffield, CT
- Founding
- 07/2000
- Data as of
- 03/2024
- EIN
- 06-1543256
Organization Overview
Suffield Observer Inc is located in Suffield, CT. The organization was established in 2000. According to its NTEE Classification (A33) the organization is classified as: Printing & Publishing, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Suffield Observer Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 03/2024, Suffield Observer Inc generated $101.2k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 2.3% each year. All expenses for the organization totaled $100.3k during the year ending 03/2024. While expenses have increased by 1.9% 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
2024
Describe the Organization's Program Activity:
Part 3
THE ORG PUBLISHES A FREE MONTHLY NEWSPAPER COMPILED BY VOLUNTEERS FOR THE PURPOSE OF IMPROVING PUBLIC AWARENESS OF LOCAL AND CIVIC AFFAIRS WITHIN THE TOWN OF SUFFIELD CT
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jay Presser President | 5 | $0 | |
Virgina Bromage Treasurer | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $300 |
| Total Program Service Revenue | $91,961 |
| Membership dues | $0 |
| Investment income | $1,777 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $7,127 |
| Total Revenue | $101,165 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $22,386 |
| Professional fees and other payments to independent contractors | $2,805 |
| Occupancy, rent, utilities, and maintenance | $11,933 |
| Printing, publications, postage, and shipping | $49,465 |
| Other expenses | $13,709 |
| Total expenses | $100,298 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $62,038 |
| Other assets | $0 |
| Total assets | $66,156 |
| Total liabilities | $4,308 |
| Net assets or fund balances | $61,848 |