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 12/2022, Gorham Times Inc generated $86.0k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 2.1% each year. All expenses for the organization totaled $59.8k during the year ending 12/2022. 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
2022
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 |
---|---|---|---|
Thomas Biegel President | 4 | $0 | |
Kate Thomas Secretary/treasurer | 1 | $0 | |
Lori Arsenault Editor | 1 | $9,650 | |
Donna Soper Business Manager | 10 | $14,127 | |
Sheri Faber Board Member | 1 | $1,450 | |
Eliza Kenigsberg Board Member | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $2,866 |
Total Program Service Revenue | $83,126 |
Membership dues | $0 |
Investment income | $14 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $86,006 |
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 | $54,195 |
Occupancy, rent, utilities, and maintenance | $195 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $5,423 |
Total expenses | $59,813 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $39,355 |
Other assets | $0 |
Total assets | $41,473 |
Total liabilities | $0 |
Net assets or fund balances | $41,473 |
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