Senior College At Belfast
- Assets
- $362.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Belfast, ME
- Founding
- 11/2001
- Data as of
- 06/2022
- EIN
- 01-0540956
Organization Overview
Senior College At Belfast is located in Belfast, ME. The organization was established in 2001. According to its NTEE Classification (B03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Senior College At Belfast 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 06/2022, Senior College At Belfast generated $20.5k 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 (16.0%) each year. All expenses for the organization totaled $15.8k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (20.3%) per year over the past 6 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
2022
Describe the Organization's Program Activity:
Part 3
SENIOR COLLEGE AT BELFAST IS THE SECOND LARGEST OF THE 15 SENIOR COLLEGES IN THE STATE OF MAINE. WE HAVE MORE THAN 400 MID-COAST MAINE MEMBERS. SENIOR COLLEGE AT BELFAST PROVIDES A DIVERSE CURRICULUM OF PROGRAMS, CLASSES, AND SPECIAL EVENTS FOR THOSE PEOPLE WHO ARE 50 YEARS AND OLDER, ALONG WITH THEIR SPOUSES OR PARTNERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Deirdre Good Director | 4 | $0 | |
Brian Richardson Director | 4 | $0 | |
Douglas Chamberlin Director | 4 | $0 | |
John Mcclenahan Director | 4 | $0 | |
Marjorie Arnett Director | 4 | $0 | |
Ron Jarvella Director | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $100 |
| Total Program Service Revenue | $15,429 |
| Membership dues | $4,775 |
| Investment income | $221 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $20,525 |
| 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 | $6,701 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $9,062 |
| Total expenses | $15,763 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $362,249 |
| Other assets | $0 |
| Total assets | $362,249 |
| Total liabilities | $0 |
| Net assets or fund balances | $362,249 |