Somerset Senior Citizens Center
- Assets
- $46.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Somerset, TX
- Founding
- 11/1995
- Data as of
- 09/2022
- EIN
- 74-2617280
Organization Overview
Somerset Senior Citizens Center is located in Somerset, TX. The organization was established in 1995. 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. Somerset Senior Citizens Center 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 09/2022, Somerset Senior Citizens Center generated $107.9k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 5.6% each year. All expenses for the organization totaled $117.8k during the year ending 09/2022. While expenses have increased by 8.7% per year over the past 3 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 |
|---|---|---|---|
Diane Cuellar President | 15 | $0 | |
Margie Willems Vice-President | 15 | $0 | |
Maria Ayala Treasurer | 2 | $0 | |
Graciela Almanza Member | 2 | $0 | |
Alfredo Alvizo Member | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $104,052 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $3,816 |
| Other Revenue | $0 |
| Total Revenue | $107,868 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $75,099 |
| Professional fees and other payments to independent contractors | $3,625 |
| Occupancy, rent, utilities, and maintenance | $2,589 |
| Printing, publications, postage, and shipping | $1,721 |
| Other expenses | $34,775 |
| Total expenses | $117,809 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $2,522 |
| Other assets | $0 |
| Total assets | $46,692 |
| Total liabilities | $0 |
| Net assets or fund balances | $46,692 |