Somerville Municipal Employees Association
- Assets
- $105.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Malden, MA
- Founding
- 07/1986
- Data as of
- 12/2023
- EIN
- 22-2481223
Organization Overview
Somerville Municipal Employees Association is located in Malden, MA. The organization was established in 1986. According to its NTEE Classification (J40) the organization is classified as: Labor Unions, under the broad grouping of Employment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Somerville Municipal Employees Association is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 12/2023, Somerville Municipal Employees Association generated $163.0k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 1.3% each year. All expenses for the organization totaled $147.8k during the year ending 12/2023. 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
2023
Describe the Organization's Program Activity:
Part 3
N A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Edward Halloran President | 20 | $0 | |
Edward Hardy Vice President | 20 | $0 | |
Julliane DE Bona Treasure-Appointed Aug 2023 | 20 | $0 | |
Stephanie Estrela Secretary | 20 | $0 | |
Laura Morgan Web Master | 15 | $0 | |
Kathy Henkle Treasure-Retired July 2023 | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $163,019 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $163,019 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $4,669 |
| Salaries, other compensation, and employee benefits | $36,780 |
| Professional fees and other payments to independent contractors | $85,631 |
| Occupancy, rent, utilities, and maintenance | $7,630 |
| Printing, publications, postage, and shipping | $4,054 |
| Other expenses | $9,013 |
| Total expenses | $147,777 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $104,986 |
| Other assets | $0 |
| Total assets | $104,986 |
| Total liabilities | $0 |
| Net assets or fund balances | $104,986 |