Welfare Society Incorporated is located in Lincoln, NE. The organization was established in 1950. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Welfare Society Incorporated is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tim Hardt President | 5 | $0 | |
John Stuertz Vice President | 2 | $0 | |
John Schmidt Secretary | 1 | $0 | |
Diane White Treasurer | 1 | $0 | |
Pam Bornemeier Board Member | 1 | $0 | |
Sharon Gooding Board Member | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $138 |
| Total Program Service Revenue | $40,448 |
| Membership dues | $4,370 |
| Investment income | $524 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $16,826 |
| Total Revenue | $62,306 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $14,537 |
| Professional fees and other payments to independent contractors | $340 |
| Occupancy, rent, utilities, and maintenance | $26,191 |
| Printing, publications, postage, and shipping | $2,006 |
| Other expenses | $25,269 |
| Total expenses | $68,343 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $78,667 |
| Other assets | $0 |
| Total assets | $331,992 |
| Total liabilities | $3,168 |
| Net assets or fund balances | $328,824 |