Palm Village Senior Network Inc
- Assets
- $4.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Reedley, CA
- Founding
- 02/2016
- Data as of
- 12/2020
- EIN
- 47-3853652
Organization Overview
Palm Village Senior Network Inc is located in Reedley, CA. The organization was established in 2016. According to its NTEE Classification (P81) the organization is classified as: Senior Centers, 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. Palm Village Senior Network 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 12/2020, Palm Village Senior Network Inc generated $10.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (39.0%) each year. All expenses for the organization totaled $28.6k during the year ending 12/2020. 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
2020
Describe the Organization's Program Activity:
Part 3
PALM VILLAGE SENIOR NETWORK IS A FREE MEMBERSHIP CLUB FOR SENIOR CITIZENS THAT SERVICES OVER 300 MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jim Higbee Chairman Of The Board | 2 | $0 | |
Colleen Ohair Director | 2 | $0 | |
Carol Fiorentino Secretary Treasurer | 2 | $0 | |
Korio Masumoto Director | 2 | $0 | |
Tim Frieson Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,056 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $10,056 |
| 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 | $3,589 |
| Occupancy, rent, utilities, and maintenance | $22,594 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $2,387 |
| Total expenses | $28,570 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $3,826 |
| Other assets | $0 |
| Total assets | $4,918 |
| Total liabilities | $65,909 |
| Net assets or fund balances | -$60,991 |