Twain Working Group
- Assets
- $140.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Raeford, NC
- Founding
- 01/2001
- Data as of
- 12/2023
- EIN
- 77-0486743
Organization Overview
Twain Working Group is located in Raeford, NC. The organization was established in 2001. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Twain Working Group is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2023, Twain Working Group generated $55.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (8.2%) each year. All expenses for the organization totaled $79.4k during the year ending 12/2023. 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
2023
Describe the Organization's Program Activity:
Part 3
FIRST PROGRAM SERVICE ACCOMPLISHMENT: THE TWAIN WORKING GROUP IS A NOT-FOR-PROFIT ORGANIZATION WHICH REPRESENTS THE IMAGING INDUSTRY. IT'S PURPOSE IS TO PROVIDE AND FOSTER A UNIVERSAL PUBLIC STANDARD WHICH LINKS APPLICATIONS AND IMAGE ACQUISITION DEVICES. THE ONGOING MISSION OF THIS ORGANIZATION IS TO CONTINUE TO ENHANCE THE STANDARD TO ACCOMODATE FUTURE TECHNOLOGIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Erin Dempsey Admin/secre | 20 | $46,000 | |
Jon Harju Pres/treas/c | 0 | $0 | |
Mark Mclaughlin Director | 0 | $0 | |
Leo Liao Director | 0 | $0 | |
Juerjen Kaus Director | 0 | $0 | |
Rene Rebe Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $48,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $7,402 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $55,402 |
| 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 | $56,329 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $14 |
| Other expenses | $23,026 |
| Total expenses | $79,369 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $140,739 |
| Other assets | $0 |
| Total assets | $140,739 |
| Total liabilities | $0 |
| Net assets or fund balances | $140,739 |