J W Robinson Welfare Trust
- Assets
- $1.4m
- Revenue
- $66.0k
- Investments
- $1.3m
- Employees
- 0
- Location
- Gardiner, ME
- Founding
- 06/1975
- Data as of
- 12/2021
- EIN
- 01-6009329
Organization Overview
J W Robinson Welfare Trust is located in Gardiner, ME. The organization was established in 1975. According to its NTEE Classification (Y20) the organization is classified as: Insurance Providers, under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.
For the year ending 12/2021, J W Robinson Welfare Trust generated $66.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (23.2%) each year. All expenses for the organization totaled $100.8k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, J W Robinson Welfare Trust has awarded 77 individual grants totaling $218,800. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Patricia Hart Trustee | 4 | $123 | |
Robert L Johnston Trustee | 4 | $123 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $4,690 |
| Dividends & Interest | $25,660 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $35,698 |
| Capital Gain Net Income | $35,698 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $66,048 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $246 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $578 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,094 |
| Total operating and administrative expenses | $19,586 |
| Contributions, gifts, grants paid | $81,200 |
| Total expenses and disbursements | $100,786 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $28,323 |
| Savings and temporary cash investments | $38,175 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,373,333 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, J W Robinson Welfare Trust has awarded $81,200 in support to 27 organizations.
| Grant Recipient | Amount |
|---|---|
Gardiner, ME PURPOSE: PROJECT | $12,000 |
GARDINER LIBRARY ASSOCIATON PURPOSE: PROJECT | $10,000 |
CITY OF GARDINER PURPOSE: PROJECT | $8,700 |
Gardiner, ME PURPOSE: PROJECT | $6,000 |
BOYS GIRLS CLUB - GREATER GARDINE PURPOSE: PROJECT | $5,000 |
Gardiner, ME PURPOSE: PROJECT | $4,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
New Hampshire Bankers Association Insurance Trust Concord, NH | $1,655,893 | $8,712,913 |
Main Insurance Agents Assoc Hallowell, ME | $944,580 | $941,041 |
New Hampshire Association Of Insurance Agents Inc Concord, NH | $1,259,818 | $644,627 |
Bangor Hydro-Electric Company Voluntary Employee Benefit Bangor, ME | $702,654 | $244 |
Maine Self Insurance Guaranty Association Cape Elizabeth, ME | $4,634,864 | $175,988 |
J W Robinson Welfare Trust Gardiner, ME | $1,373,333 | $66,048 |
Workers Compensation Coordinating Council Augusta, ME | $80,869 | $0 |
Claremont Youth Baseball & Softball Inc Claremont, NH | $25,931 | $0 |