Boys And Girls Club Of Greater Salem Inc
- Assets
- $1.5m
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 57
- Location
- Salem, MA
- Founding
- 04/1942
- Data as of
- 09/2023
- EIN
- 04-2104912
Organization Overview
Boys And Girls Club Of Greater Salem Inc is located in Salem, MA. The organization was established in 1942. According to its NTEE Classification (N20) the organization is classified as: Camps, under the broad grouping of Recreation & Sports and related organizations. As of 09/2023, Boys And Girls Club Of Greater Salem Inc employed 57 individuals. This organization is the central organization for a national or regional group of organizations. Boys And Girls Club Of Greater Salem 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 09/2023, Boys And Girls Club Of Greater Salem Inc generated $1.4m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.5% each year. All expenses for the organization totaled $1.4m during the year ending 09/2023. While expenses have increased by 3.2% 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O
Describe the Organization's Program Activity:
Part 3 - Line 4a
TODAY, MORE THAN 800 YOUNG PEOPLE AT RISK AND IN NEED ARE TAKING ADVANTAGE OF THE PROGRAMS, ACTIVITIES AND SERVICES PROVIDED BY THE BOYS & GIRLS CLUB OF GREATER SALEM. OVER 85% OF OUR CLUB MEMBERS RECEIVE FREE OR REDUCED LUNCH AT SCHOOL. OUR VISION IS TO PROVIDE A WORLD-CLASS CLUB EXPERIENCE THAT ASSURES SUCCESS IS WITHIN REACH OF EVERY YOUNG PERSON WHO WALKS THROUGH OUR DOORS, WITH ALL MEMBERS ON TRACK TO GRADUATE FROM HIGH SCHOOL WITH A PLAN FOR THE FUTURE, DEMONSTRATING GOOD CHARACTER AND CITIZENSHIP, AND LIVING A HEALTHY LIFESTYLE. TO MAKE SURE THAT ALL OF OUR MEMBERS HAVE GREAT FUTURES, THE BOYS & GIRLS CLUB OF GREATER SALEM BOARD OF DIRECTORS HAS ADOPTED THE FORMULA FOR IMPACT, A RESEARCH-BASED THEORY OF CHANGE THAT DESCRIBES HOW A CLUB CAN INCREASE ITS IMPACT EXPONENTIALLY ON THE YOUNG PEOPLE IT SERVES. OUR FORMULA BEGINS WITH THE YOUNG PEOPLE IN OUR CLUB ESPECIALLY THOSE WHO NEED US MOST. IT CALLS FOR US TO CONSISTENTLY PROVIDE THE MOST POWERFUL CLUB EXPERIENCE POSSIBLE BY IMPLEMENTING THE KEY ELEMENTS FOR POSITIVE YOUTH DEVELOPMENT - FUN - SAFE AND POSITIVE ENVIRONMENT - RELATIONSHIPS WITH PROFESSIONAL AND CARING ADULTS - HIGH EXPECTATIONS AND CHALLENGING PROGRAMMING - HIGH-YIELD ACTIVITIES AND TARGETED PROGRAMS - INCENTIVES AND REWARDS OUR CLUB MEMBERS WHO ARE AGES 8 THROUGH 18 PAY NO MORE THAN $25 REGISTRATION FEE PER SCHOOL YEAR TO PARTICIPATE IN ALL CLUB ACTIVITIES AND PROGRAMS. THEREFORE, WE RELY HEAVILY ON THE GENEROSITY AND SUPPORT OF OUR COMMUNITY AND HAVE SERVICE MARKED WITH THE COMMONWEALTH OF MASSACHUSETTS THE PHRASE, "POWERED BY THE COMMUNITY".THE ONLY MANDATORY PROGRAM IS POWER HOUR WHERE STAFF AND VOLUNTEERS MOBILIZE TO HELP MEMBERS WITH THEIR HOMEWORK, MAKE SURE THAT IT IS DONE CORRECTLY, AND THAT IT IS IN THE SCHOOL BAG ALL READY FOR THE NEXT DAY AT SCHOOL. BEYOND POWER HOUR, MEMBERS MAY CHOOSE FROM A BROAD ARRAY OF PROGRAMMING. EXAMPLES INCLUDE ROBOTICS, DANCE, CREATIVE WRITING, PUPPET THEATER, DRAMA, YOGA AND MANY GYM ACTIVITIES. MEMBERS MAY TRY OUT FOR COMPETITIVE TRAVELLING ATHLETIC TEAMS SUCH AS BASKETBALL WHERE THEY PLAY TEAMS FROM OTHER BOYS & GIRLS CLUBS FROM NASHUA, NH TO BROCKTON, MA.SINCE IMPLEMENTATION OF THE FORMULA FOR IMPACT, WE ARE BEGINNING TO MEASURE NOT ONLY OUTPUTS BUT ALSO OUTCOMES IN ORDER TO SHOW THE TRUE IMPACT OF OUR DEDICATION TO YOUTH.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ed Campanella Board Member (as Of 7/28/23) | Trustee | 1 | $0 |
Daniel G Sullivan Treasurer (as Of 1/14/23 | OfficerTrustee | 2 | $0 |
Susan Ulbrich President (as Of 4/28/23) | OfficerTrustee | 2 | $0 |
Domingo Dominguez Board Member | Trustee | 1 | $0 |
Scott Grover Board Member | Trustee | 1 | $0 |
Ian Merry Board Member (as Of 1/14/23 | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $12,432 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,038,938 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,051,370 |
| Total Program Service Revenue | $294,334 |
| Investment income | $11,387 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $11,369 |
| Net Income from Fundraising Events | $13,314 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,381,774 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $88,469 |
| Compensation of current officers, directors, key employees. | $66,352 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $825,745 |
| Pension plan accruals and contributions | $6,500 |
| Other employee benefits | $32,749 |
| Payroll taxes | $79,822 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $18,425 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $13,023 |
| Advertising and promotion | $4,019 |
| Office expenses | $43,464 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $66,310 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $926 |
| Interest | $13,261 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $11,774 |
| Insurance | $32,941 |
| All other expenses | $0 |
| Total functional expenses | $1,430,195 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $159,761 |
| Savings and temporary cash investments | $435,531 |
| Pledges and grants receivable | $7,500 |
| Accounts receivable, net | $212,746 |
| 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 | $21,837 |
| Net Land, buildings, and equipment | $118,416 |
| Investments—publicly traded securities | $477,930 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $106,536 |
| Total assets | $1,540,257 |
| Accounts payable and accrued expenses | $38,765 |
| Grants payable | $0 |
| Deferred revenue | $39,919 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $145,313 |
| Other liabilities | $65,868 |
| Total liabilities | $289,865 |
| Net assets without donor restrictions | $1,194,020 |
| Net assets with donor restrictions | $56,372 |
| 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 | $1,540,257 |