Thomas Chew Memorial Boys Club Inc
- Assets
- $8.9m
- Revenue
- $2.9m
- Investments
- $0.0
- Employees
- 127
- Location
- Fall River, MA
- Founding
- 08/1945
- Data as of
- 12/2022
- EIN
- 04-2103923
Organization Overview
Thomas Chew Memorial Boys Club Inc is located in Fall River, MA. The organization was established in 1945. According to its NTEE Classification (O21) the organization is classified as: Boys Clubs, under the broad grouping of Youth Development and related organizations. As of 12/2022, Thomas Chew Memorial Boys Club Inc employed 127 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Thomas Chew Memorial Boys Club 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, Thomas Chew Memorial Boys Club Inc generated $2.9m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.1% each year. All expenses for the organization totaled $2.7m during the year ending 12/2022. While expenses have increased by 4.4% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
ENABLE YOUNG PEOPLE TO REACH THEIR POTENTIAL AS RESPONSIBLE, CARING, AND PRODUCTIVE CITIZENS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GENERAL SERVICES- PROVIDES 1084 MEMBERS WITH PROGRAMS AND SERVICES SUPPORTING OUR KEY OUTCOME AREA: ACADEMIC SUCCESS, HEALTHY LIFESTYLES, AND CHARACTER & CITIZENSHIP. PROGRAM OFFERINGS INCLUDED SCIENCE CLUB, LEGO ROBOTICS, 3D PRINTING, UPS ROAD CODE, RED CROSS BABYSITTING, HEALTHY HABITS, SWIM LESSONS, SWIM TEAM, BASKETBALL SKILLS, TORCH CLUB AND KESTONE CLUB. THE FOOD AND NUTRITION PROGRAM PROVIDES DINNER AND AFTER SCHOOL SNACKS DURING THE SCHOOL YEAR AND LUNCH DURING THE SUMMER.
CAMP WELCH - 165 ACRE SUMMER CAMP FACILITY PROVIDING YOUTH WITH THE UNIQUE OPPORTUNITY TO TRAVEL TO A WHOLESOME, RURAL SETTING. CAMP WELCH WAS PROVIDED FOR 8 WEEKS. YOUTH ARE PROVIDED WITH HEALTHY MEALS, SWIM LESSONS, ACTIVITIES, AND SPECIALIZED PROGRAMS IN ARTS, STEM, ULTIMATE JOURNEY (APPRECIATION OF NAURE AND THE ENVIRONMENT) AND SPROUTS INTRO TO GARDENING. DURING THE SUMMER, 383 DIFFERENT CAMPERS ATTENDED FOR AN AVERAGE OF 284 CAMPERS PER WEEK.
AFTER SCHOOL PROGRAM - LICENSED SCHOOL AGED CHILD CARE PROGRAM PROVIDING A SAFE, CARING ENVIRONMENT FOR CHILDREN OUTSIDE THE HOME AND AFTER SCHOOL HOURS. THIS PROGRAM PROMOTES SOCIAL, PHYSICAL AND CHARACTER DEVELOPMENT , AS WELL AS SUPPLEMENTING CAREGIVERS AND SCHOOLS EFFORTS TO MEET CHILDREN'S INTELEECTUAL AND EDUCATIONAL NEEDS. THE PROGRAM OPERATES FROM 2:30-5:30 PM DAILY, PROVIDING TRANSPORTATION FROM SCHOOL, A SNACK, AND ENRICHING ACTIVITIES. DURING SCHOOL VACATIONS AND FULL DAY SCHOOL CLOSURES THE PROGRAM OPERATES FROM 7:30AM - 5:30PM. DURING THE 2022, 166 CHILDREN PARTICIPATED IN THE PROGRAM WITH AN AVERAGE OF 69 CHILDREN PER DAY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William Kiley Executive Director | Officer | 40 | $106,000 |
Robert Bogan President | OfficerTrustee | 2 | $0 |
Bernard Mcdonald III Treasurer | OfficerTrustee | 2 | $0 |
Ron Rusin Vice President | OfficerTrustee | 2 | $0 |
Rebecca Collins Clerk | OfficerTrustee | 2 | $0 |
Michael Biszko Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $131,880 |
| Related organizations | $0 |
| Government grants | $1,096,030 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,221,825 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,449,735 |
| Total Program Service Revenue | $419,497 |
| Investment income | $74,702 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $38,803 |
| Net Gain/Loss on Asset Sales | -$105,859 |
| Net Income from Fundraising Events | -$26,611 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,854,854 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $4,308 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $117,026 |
| Compensation of current officers, directors, key employees. | $117,026 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,088,982 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $109,569 |
| Payroll taxes | $114,006 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $27,687 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $36,451 |
| Fees for services: Investment Management | $18,552 |
| Fees for services: Other | $71,298 |
| Advertising and promotion | $1,944 |
| Office expenses | $111,387 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $418,114 |
| Travel | $117,803 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $91 |
| Payments to affiliates | $15,145 |
| Depreciation, depletion, and amortization | $323,611 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $2,652,591 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,196,418 |
| Savings and temporary cash investments | $289,493 |
| Pledges and grants receivable | $9,097 |
| Accounts receivable, net | $130,239 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $38,693 |
| Net Land, buildings, and equipment | $4,688,823 |
| Investments—publicly traded securities | $2,557,500 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $8,910,263 |
| Accounts payable and accrued expenses | $251,303 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $13,286 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2,982 |
| Total liabilities | $267,571 |
| Net assets without donor restrictions | $8,064,269 |
| Net assets with donor restrictions | $578,423 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $8,910,263 |