Newark Senior Center
- Assets
- $293.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 4
- Location
- Newark, IL
- Founding
- 12/1979
- Data as of
- 12/2022
- EIN
- 23-7444843
Organization Overview
Newark Senior Center is located in Newark, IL. The organization was established in 1979. According to its NTEE Classification (P81) the organization is classified as: Senior Centers, under the broad grouping of Human Services and related organizations. As of 12/2022, Newark Senior Center employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Newark Senior Center 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, Newark Senior Center generated $174.4k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $194.4k during the year ending 12/2022. While expenses have increased by 2.3% per year over the past 8 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
2022
Describe the Organization's Program Activity:
Part 3
PROVIDE LOW RENT HOUSING TO SENIOR CITIZENS OF THE NEWARK AREA
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dave Johnson President | 5 | $0 | |
Terry Benson Director | 40 | $0 | |
Sara Smith Director | 5 | $0 | |
Bernie Boeger Vice President | 5 | $0 | |
Linda Lange Treasurer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $43,985 |
| Total Program Service Revenue | $130,396 |
| Membership dues | $0 |
| Investment income | $27 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $174,408 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $49,466 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $144,957 |
| Total expenses | $194,423 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $95,179 |
| Other assets | $0 |
| Total assets | $293,031 |
| Total liabilities | $136,220 |
| Net assets or fund balances | $156,811 |