Salem Basketball Organization
- Assets
- $51.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Salem, NH
- Founding
- 11/2012
- Data as of
- 03/2022
- EIN
- 46-0669256
Organization Overview
Salem Basketball Organization is located in Salem, NH. The organization was established in 2012. According to its NTEE Classification (N62) the organization is classified as: Basketball, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Salem Basketball Organization 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 03/2022, Salem Basketball Organization generated $79.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.1% each year. All expenses for the organization totaled $74.4k during the year ending 03/2022. While expenses have increased by 3.1% per year over the past 7 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
ORGANIZE, FUND AND OPERATE THE INSTRUCTIONAL RECREATIONAL AND TRAVEL BASKETBALL PROGRAMS FOR THE TOWN OF SALEM, NH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jim Keenan President | 0 | $0 | |
Fara Mosto VP Of Girls | 0 | $0 | |
Kevin O'loughlin VP Of Boys | 0 | $0 | |
Aaron J Boppel Treasurer | 0 | $0 | |
Paul Barbagallo Secretary | 0 | $0 | |
Richard Morse Director Of | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $6,260 |
| Membership dues | $73,556 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $65 |
| Total Revenue | $79,881 |
| 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 | $1,232 |
| Occupancy, rent, utilities, and maintenance | $8,320 |
| Printing, publications, postage, and shipping | $127 |
| Other expenses | $64,702 |
| Total expenses | $74,381 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $51,781 |
| Other assets | $0 |
| Total assets | $51,781 |
| Total liabilities | $0 |
| Net assets or fund balances | $51,781 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Shooting Touch Hyde Park, MA | $603,933 | $1,175,352 |
Coaching For Change Inc Taunton, MA | $1,018,552 | $1,148,634 |
Fundamental Hoops Inc North Andover, MA | $33,088 | $499,058 |
Amateur Athletic Union Of The United States Newton, MA | $1 | $0 |
Burgo Basketball Association South Dartmouth, MA | $339,990 | $166,116 |
Wellesley Youth Basketball Association Inc Wellesley, MA | $137,078 | $0 |
Newton Metrowest Basketball Inc Newton, MA | $51,186 | $0 |
John Barker Basketball League Inc Hingham, MA | $67,511 | $179,706 |
Mansfield Youth Basketball Association Inc Mansfield, MA | $53,102 | $0 |
Marshfield Youth Basketball Marshfield, MA | $102,458 | $0 |
Braintree Youth Basketball Association Inc Braintree, MA | $88,637 | $0 |
Bedford Basketball League Bedford, NH | $120,274 | $142,915 |