Mad River Valley Senior Citizens Inc
- Assets
- $274.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Waitsfield, VT
- Founding
- 01/1990
- Data as of
- 12/2022
- EIN
- 03-0321298
Organization Overview
Mad River Valley Senior Citizens Inc is located in Waitsfield, VT. The organization was established in 1990. According to its NTEE Classification (L22) the organization is classified as: Senior Citizens Housing & Retirement Communities, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mad River Valley Senior Citizens 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, Mad River Valley Senior Citizens Inc generated $197.6k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 12.3% each year . All expenses for the organization totaled $199.3k during the year ending 12/2022. While expenses have increased by 12.7% per year over the past 8 years. They've been increasing with an increasing level of total revenue. 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
WE SERVED OVER 13,000 MEALS IN OUR MEALS ON WHEELS PROGRAM TO ROUGHLY 50 CLIENTS. WE PROVIDED ABOUT 1,200 RIDES IN OUR FREE WHEELIN' RIDE PROGRAM FOR DOCTOR'S APPOINTMENTS, GROCERIES, ETC. TO OVER 100 PEOPLE R.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sue Stoehr Former Treasurer | 15 | $0 | |
Joanne Fitzgerald Secretary | 7 | $0 | |
Bill Zekas Treasurer | 15 | $0 | |
Gretchen Hernandez President | 20 | $0 | |
Michael Bransfield Board Member | 5 | $0 | |
Nancy Emory Former President | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $87,220 |
| Total Program Service Revenue | $100,894 |
| Membership dues | $0 |
| Investment income | $830 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $8,639 |
| Total Revenue | $197,583 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $53,813 |
| Professional fees and other payments to independent contractors | $6,427 |
| Occupancy, rent, utilities, and maintenance | $13,548 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $125,527 |
| Total expenses | $199,315 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $269,803 |
| Other assets | $0 |
| Total assets | $274,028 |
| Total liabilities | $9,881 |
| Net assets or fund balances | $264,147 |