Newington Rotary Chairites Inc
- Assets
- $125.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Newington, CT
- Founding
- 02/2011
- Data as of
- 06/2022
- EIN
- 27-1243037
Organization Overview
Newington Rotary Chairites Inc is located in Newington, CT. The organization was established in 2011. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Newington Rotary Chairites Inc 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 06/2022, Newington Rotary Chairites Inc generated $61.9k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 6.7% each year. All expenses for the organization totaled $52.8k during the year ending 06/2022. While expenses have increased by 6.8% per year over the past 6 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed President | 4 | $0 | |
Michael Turgeon Vice President | 4 | $0 | |
Randy Hamilton Treasurer | 4 | $0 | |
Kathy Corcoran Secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,349 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $7,986 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $43,555 |
| Other Revenue | $0 |
| Total Revenue | $61,890 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $310 |
| Total expenses | $52,771 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $21,533 |
| Other assets | $0 |
| Total assets | $125,327 |
| Total liabilities | $0 |
| Net assets or fund balances | $125,327 |