Chelmsford Historical Society Inc
- Assets
- $1.0m
- Revenue
- $180.5k
- Investments
- $924.0k
- Employees
- 0
- Location
- Chelmsford, MA
- Founding
- 02/1965
- Data as of
- 04/2024
- EIN
- 04-2349378
Organization Overview
Chelmsford Historical Society Inc is located in Chelmsford, MA. The organization was established in 1965. According to its NTEE Classification (A82) the organization is classified as: Historical Societies & Historic Preservation, 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. Chelmsford Historical Society 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 04/2024, Chelmsford Historical Society Inc generated $180.5k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 20.1% each year . All expenses for the organization totaled $84.6k during the year ending 04/2024. While expenses have increased by 9.4% per year over the past 9 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
HISTORICAL PRESERVATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
MAINTENANCE + PRESERVATION OF THE BARRETT-BYAM HOMESTEAD. PRESERVE HISTORICAL COLLECTIONS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Fred Merriam President | Trustee | 1 | $0 |
John Goffin Director | Trustee | 1 | $0 |
Cara Tirella Secretary/clerk | Trustee | 1 | $0 |
Jerry Sullivan Treasurer | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $14,495 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $63,085 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $77,580 |
| Total Program Service Revenue | $0 |
| Investment income | $35,750 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $11,300 |
| Net Gain/Loss on Asset Sales | $55,836 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $180,466 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $250 |
| Fees for services: Accounting | $3,750 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $4,485 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $39,831 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $5,014 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $1,298 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $836 |
| Insurance | $4,290 |
| All other expenses | $16,565 |
| Total functional expenses | $84,568 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $93,694 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $20,579 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $923,968 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,038,241 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $130,367 |
| Paid-in or capital surplus, or land, building, or equipment fund | $907,874 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,038,241 |