Rem
- Assets
- $23.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Waterville, ME
- Founding
- 05/1996
- Data as of
- 12/2020
- EIN
- 01-0499703
Organization Overview
Rem is located in Waterville, ME. The organization was established in 1996. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rem 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 12/2020, Rem generated $35.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (17.0%) each year. All expenses for the organization totaled $39.4k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (13.6%) per year over the past 5 years. 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
2020
Describe the Organization's Program Activity:
Part 3
REM IS A NETWORK OF VOLUNTEERS WORKING TO IMPROVE THE QUALITY OF LIFE IN OUR COMMUNITY BY PROVIDING FORUM MEETING PLACES AND CATERED EVENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jim Nicholson President | 2 | $0 | |
Cheryl Flewelling Treasurer | 2 | $0 | |
Jacqueline Dalton Secretary | 20 | $0 | |
Rick Bryant Board Member | 1 | $0 | |
Tina Chapman Board Member | 1 | $0 | |
Dianne Couture Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $22,868 |
| Total Program Service Revenue | $7,498 |
| Membership dues | $2,962 |
| Investment income | $23 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $2,216 |
| Other Revenue | $0 |
| Total Revenue | $35,567 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $27,884 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $11,453 |
| Total expenses | $39,427 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $20,949 |
| Other assets | $0 |
| Total assets | $23,090 |
| Total liabilities | $2,130 |
| Net assets or fund balances | $20,960 |