Newark Area Welfare Committee Inc
- Assets
- $145.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Newark, DE
- Founding
- 06/1989
- Data as of
- 12/2021
- EIN
- 51-0275119
Organization Overview
Newark Area Welfare Committee Inc is located in Newark, DE. The organization was established in 1989. 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. Newark Area Welfare Committee 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 12/2021, Newark Area Welfare Committee Inc generated $198.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.0% each year. All expenses for the organization totaled $181.0k during the year ending 12/2021. While expenses have increased by 1.9% 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephen Mangat President | 12 | $0 | |
Sue Forman Treasurer | 12 | $0 | |
Joe Brady Past Treasurer | 2 | $0 | |
Debbie Seador Secretary | 12 | $0 | |
Lyn Henshaw Vice President | 12 | $0 | |
Debi Thomas Director At Large | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $196,827 |
| Total Program Service Revenue | $300 |
| Membership dues | $0 |
| Investment income | $1,360 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$448 |
| Other Revenue | $0 |
| Total Revenue | $198,039 |
| 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 | $500 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $9,655 |
| Other expenses | $152,120 |
| Total expenses | $180,993 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $136,621 |
| Other assets | $0 |
| Total assets | $145,571 |
| Total liabilities | $0 |
| Net assets or fund balances | $145,571 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Newark Area Welfare Committee Inc has recieved totaling $709.
| Awarding Organization | Amount |
|---|---|
Chubb Charitable Foundation Philadelphia, PA PURPOSE: MATCHING GIFTS | $500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $209 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Tri-County Community Action Agency Inc Bridgeton, NJ | $36,051,932 | $63,714,184 |
North Hudson Community Action Corporation Union City, NJ | $20,120,788 | $64,410,905 |
American Friends Of Yad Eliezer Inc Jackson, NJ | $5,167,424 | $52,925,780 |
Elrc4kids Inc Greensburg, PA | $6,335,708 | $42,009,228 |
Greater Bergen Community Action Inc Hackensack, NJ | $31,538,152 | $42,343,270 |
Catholic Charities- Diocese Of Metuchen Perth Amboy, NJ | $28,793,391 | $35,804,723 |
Jewish Social Service Agency Rockville, MD | $78,004,250 | $40,027,018 |
St Josephs Center Scranton, PA | $79,717,381 | $36,701,905 |
Lycoming-Clinton Counties Commission For Community Action Willamsport, PA | $13,765,619 | $32,679,209 |
Kessler Foundation Inc East Hanover, NJ | $315,632,583 | $38,357,245 |
Medsource Community Services Inc Hagerstown, MD | $13,934,817 | $31,083,317 |
St Vincent De Paul Of Baltimore Inc Baltimore, MD | $26,858,790 | $28,662,725 |