Greater Rumford Community Center
- Assets
- $20.0k
- Revenue
- $52.5k
- Investments
- $0.0
- Employees
- 5
- Location
- Rumford, ME
- Founding
- 05/1957
- Data as of
- 08/2020
- EIN
- 01-0153128
Organization Overview
Greater Rumford Community Center is located in Rumford, ME. The organization was established in 1957. According to its NTEE Classification (N31) the organization is classified as: Community Recreational Centers, under the broad grouping of Recreation & Sports and related organizations. As of 08/2020, Greater Rumford Community Center employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Greater Rumford Community 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 08/2020, Greater Rumford Community Center generated $52.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (17.6%) each year. All expenses for the organization totaled $106.1k during the year ending 08/2020. As we would expect to see with falling revenues, expenses have declined by (7.8%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE AFFORDABLE, QUALITY, RECREATION PROGRAMS TO RESIDENTS OF THE RIVER VALLEY. ACTIVITIES INCLUDE BASKETBALL, GYMNASTICS, A FITNESS ROOM, A RUNNING TRACK, RAQUETBALL, KARATE, BASEBALL, AND SOCCER.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RECREATIONAL ACTIVITIES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Melinda Gorham President | Officer | 0 | $0 |
Kevin Provost Treasurersecretary | Officer | 0 | $0 |
Eric Mclean Vice President | Officer | 0 | $0 |
Peter Chase Member | Trustee | 0 | $0 |
Jason Brown Member | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,288 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $13,702 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$44 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $52,497 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $46,863 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $3,584 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $932 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $889 |
| Office expenses | $3,937 |
| Information technology | $1,039 |
| Royalties | $0 |
| Occupancy | $25,312 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $152 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $11,992 |
| All other expenses | $0 |
| Total functional expenses | $106,050 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $19,972 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $6,844 |
| Total liabilities | $6,844 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $13,128 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Greater Rumford Community Center has recieved totaling $500.
| Awarding Organization | Amount |
|---|---|
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Carter Community Building Association Lebanon, NH | $8,967,998 | $2,473,959 |
Hanover Improvement Society Corp Hanover, NH | $7,933,275 | $1,096,485 |
Keene Ice Center Enterprise Inc Keene, NH | $7,404,749 | $504,721 |
New England Sports Complex Inc Rye, NH | $7,077,527 | $346,169 |
Islesboro Community Center Islesboro, ME | $3,554,748 | $367,314 |
Nasson Center Redevelopment Inc Springvale, ME | $1,283,420 | $464,731 |
Casco Bay Arena Inc Yarmouth, ME | $1,709,817 | $310,245 |
Bridge Outreach Center Littleton, NH | $81,065 | $270,952 |
Oakdale Country Club Mexico, ME | $307,343 | $237,337 |
Southern Maine Community Recreation Center Gorham, ME | $857,531 | $252,780 |
Notre Dame Arena Inc Berlin, NH | $725,139 | $449,289 |
Ellen Lambert Murphy Memorial Community Center Winchester, NH | $1,085,138 | $114,571 |