Charlotte News Inc
- Assets
- $2.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Charlotte, VT
- Founding
- 07/2006
- Data as of
- 12/2021
- EIN
- 03-0370291
Organization Overview
Charlotte News Inc is located in Charlotte, VT. The organization was established in 2006. According to its NTEE Classification (A33) the organization is classified as: Printing & Publishing, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Charlotte News Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2021, Charlotte News Inc generated $27.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (17.2%) each year. All expenses for the organization totaled $26.3k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (18.3%) per year over the past 7 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
2021
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION PUBLISHES A COMMUNITY BASED NEWSPAPER WITH AN APPROXIMATE CIRCULATION OF 3,000, DEDICATED TO INFORMING TOWNSPEOPLE OF CURRENT EVENTS AND ISSUES SERVING AS A FORUM FOR THE FREE EXCHANGE OF VIEWS OF THE TOWN RESIDENTS AND CELEBRATING THE PEOPLE, PLACES, AND HAPPENINGS THAT MAKE THE TOWN OF CHARLOTTE UNIQUE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Bloch Secretary | 1 | $0 | |
Gay Regan Director | 1 | $0 | |
Christina Asquith Director | 1 | $0 | |
Tom Tiller Director | 1 | $0 | |
John Quinney 315 - 1231 President | 3 | $0 | |
Vincent Crockenberg Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,600 |
| Total Program Service Revenue | $17,358 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $26,958 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $13,899 |
| Professional fees and other payments to independent contractors | $2,071 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $7,442 |
| Other expenses | $2,874 |
| Total expenses | $26,286 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $1,402 |
| Other assets | $0 |
| Total assets | $2,644 |
| Total liabilities | $12 |
| Net assets or fund balances | $2,632 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Charlotte News Inc has recieved totaling $1,000.
| Awarding Organization | Amount |
|---|---|
Robert Fleming & Jane Howe Patrick Foundation Charlotte, VT PURPOSE: PROGRAM SUPPORT | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Journal Of Bone And Joint Surgery Inc Needham, MA | $35,717,891 | $10,120,492 |
Machon Mashe Rockeach Inc Brooklyn, NY | $2,473,215 | $8,597,419 |
Harpers Magazine Foundation New York, NY | $1,648,663 | $7,386,851 |
The New Press Inc New York, NY | $10,475,881 | $7,017,448 |
National Braille Press Inc Boston, MA | $10,542,006 | $5,176,920 |
Medical Letter Inc New Rochelle, NY | $4,157,236 | $5,090,906 |
Harvard Magazine Incorporated Cambridge, MA | $2,271,377 | $3,610,627 |
American Booksellers Assoc Inc White Plains, NY | $43,213,298 | $1,963,902 |
Repertoire International De Litterature Musicale Inc New York, NY | $4,304,080 | $5,123,907 |
Der Yid Inc Brooklyn, NY | $601,849 | $3,417,287 |
The 74 Media Inc New York, NY | $2,838,381 | $4,344,450 |
Foundation For Cultural Review Inc New York, NY | $12,052,369 | $4,249,129 |