Gorham Times Inc is located in Gorham, ME. The organization was established in 1996. According to its NTEE Classification (A33) the organization is classified as: Printing & Publishing, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gorham Times 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, Gorham Times Inc generated $82.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.9% each year. All expenses for the organization totaled $78.6k during the year ending 12/2021. While expenses have increased by 1.0% 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.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
GORHAM TIMES PUBLISHES A BI-WEEKLY NEWSPAPER TO PROVIDE 5000+RESIDENTS WITH INFORMATION ABOUT TOWN COUNCIL,PLANNING BOARD,SCHOOL COMMITTEE,COMMUNITY PROFILES, SCHOOL AND SPORTS NEWS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Stacy Sallinen Business Manager | 10 | $8,200 | |
Donna Soper Advertising Manager | 10 | $5,800 | |
Katherine Corbett Board Member | 4 | $1,450 | |
Lori Arsenault Editor | 1 | $650 | |
Sara Nelson Vice President | 1 | $0 | |
Thomas Biegel President | 4 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $3,367 |
Total Program Service Revenue | $79,228 |
Membership dues | $0 |
Investment income | $2 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $82,597 |
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 | $775 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $34,919 |
Other expenses | $42,920 |
Total expenses | $78,614 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $37,699 |
Other assets | $0 |
Total assets | $39,521 |
Total liabilities | $166 |
Net assets or fund balances | $39,355 |
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Gorham Times Inc Gorham, ME | $39,521 | $0 |
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