Stoneham Savingssalem Five Charitable Foundation Inc
- Assets
- $1.2m
- Revenue
- $42.1k
- Investments
- $1.1m
- Employees
- 0
- Location
- Salem, MA
- Founding
- Data as of
- 12/2018
- EIN
- 20-2717192
Organization Overview
Stoneham Savingssalem Five Charitable Foundation Inc is located in Salem, MA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John L Bracciotti Director | 1 | $0 | |
August S Niewenhous III ESQ Director | 1 | $0 | |
George Riccardelli President/director | 1 | $0 | |
William H Mitchelson Director | 1 | $0 | |
Ping Yin Chai Treasurer | 1 | $0 | |
Meghan Needham Clerk | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $28,177 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $13,892 |
| Capital Gain Net Income | $13,892 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $42,069 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,372 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $35 |
| Total operating and administrative expenses | $10,441 |
| Contributions, gifts, grants paid | $48,100 |
| Total expenses and disbursements | $58,541 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $21,904 |
| Savings and temporary cash investments | $121,258 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $1,822 |
| Total assets | $1,202,382 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
Grants Awarded
Over the last fiscal year, Stoneham Savingssalem Five Charitable Foundation Inc has awarded $48,100 in support to 20 organizations.
| Grant Recipient | Amount |
|---|---|
STONEHAM LITTLE LEAGUE PURPOSE: EXEMPT PURPOSE | $250 |
BOYS & GIRLS CLUB OF STONEHAM PURPOSE: EXEMPT PURPOSE | $7,750 |
KULEA CHILDCARE VILLAGES PURPOSE: EXEMPT PURPOSE | $50 |
FRIENDS OF TEWKSBURY PAC INC PURPOSE: EXEMPT PURPOSE | $500 |
AMERICAN CANCER SOCIETY PURPOSE: EXEMPT PURPOSE | $750 |
WILMINGTON EDUCATIONAL FOUNDATION PURPOSE: EXEMPT PURPOSE | $500 |
View Grant Profile