Nemlec Police Foundation
- Assets
- $86.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Dracut, MA
- Founding
- 08/2006
- Data as of
- 12/2022
- EIN
- 20-2515687
Organization Overview
Nemlec Police Foundation is located in Dracut, MA. The organization was established in 2006. According to its NTEE Classification (I60) the organization is classified as: Law Enforcement, under the broad grouping of Crime & Legal-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nemlec Police Foundation 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 12/2022, Nemlec Police Foundation generated $45.4k 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 (7.4%) each year. All expenses for the organization totaled $35.1k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (7.0%) per year over the past 8 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
2022
Describe the Organization's Program Activity:
Part 3
PROVIDE VARIOUS TRAINING SESSIONS FOR MEMBERS OF THE NORTHEASTERN MASSSACHUSETTS LAW ENFORCEMENT COMMUNITY.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard Raymond Chairman | 4 | $0 | |
Chief David Scott Vice Chairman | 4 | $0 | |
Patrick Cook Secretary | 4 | $0 | |
Chief James Dow Treasurer | 4 | $0 | |
Chief Robert Bongiorno Director | 1 | $0 | |
Retired Chief Robert Ferullo Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $19,400 |
| Total Program Service Revenue | $14,400 |
| Membership dues | $0 |
| Investment income | $47 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $11,571 |
| Other Revenue | $0 |
| Total Revenue | $45,418 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $11,690 |
| Professional fees and other payments to independent contractors | $675 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $22,771 |
| Total expenses | $35,136 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $84,468 |
| Other assets | $0 |
| Total assets | $86,219 |
| Total liabilities | $0 |
| Net assets or fund balances | $86,219 |