Rainbow Business & Professional Assoc
- Assets
- $1.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Portland, ME
- Founding
- 12/2000
- Data as of
- 06/2018
- EIN
- 01-0502284
Organization Overview
Rainbow Business & Professional Assoc is located in Portland, ME. The organization was established in 2000. According to its NTEE Classification (S03) the organization is classified as: Professional Societies & Associations, 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. Rainbow Business & Professional Assoc 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 06/2018, Rainbow Business & Professional Assoc generated $6.6k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 4.3% each year. All expenses for the organization totaled $6.0k during the year ending 06/2018. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mitchell Rosengarten President | 2 | $0 | |
Andrew Newman Treasurer | 2 | $0 | |
Kelly Maines Director | 1 | $0 | |
Michael Snell Director | 1 | $0 | |
Cathleen Campbell Director | 1 | $0 | |
Kathleen Snell Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $168 |
| Total Program Service Revenue | $1,542 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $4,867 |
| Other Revenue | $0 |
| Total Revenue | $6,577 |
| 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 | $0 |
| Printing, publications, postage, and shipping | $154 |
| Other expenses | $1,835 |
| Total expenses | $5,989 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $1,318 |
| Other assets | $0 |
| Total assets | $1,318 |
| Total liabilities | $0 |
| Net assets or fund balances | $1,318 |