Danvers Police Benevolent Assoc
- Assets
- $65.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Danvers, MA
- Founding
- 10/1991
- Data as of
- 12/2022
- EIN
- 04-2606409
Organization Overview
Danvers Police Benevolent Assoc is located in Danvers, MA. The organization was established in 1991. According to its NTEE Classification (I02) the organization is classified as: Management & Technical Assistance, under the broad grouping of Crime & Legal-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Danvers Police Benevolent Assoc is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 12/2022, Danvers Police Benevolent Assoc generated $37.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.4% each year. All expenses for the organization totaled $36.5k during the year ending 12/2022. While expenses have increased by 5.7% per year over the past 7 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
NEGOTIATIONS CONCERNING WAGES,HOURS,AND OTHERCONDITION OF EMPLOYMENT HAVE BEEN SATISFIED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Lima President | 1 | $1,000 | |
Kevin Wood Vice-President | 1 | $1,000 | |
Robert J Sullivan Treasurer | 2 | $1,000 | |
Bryan Guida Shift Rep | 1 | $1,000 | |
Ryan Greene Shift Rep | 1 | $1,000 | |
Michael Balsley Shift Rep | 1 | $1,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $37,320 |
| Investment income | $164 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $37,484 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $7,000 |
| Professional fees and other payments to independent contractors | $300 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $29,197 |
| Total expenses | $36,497 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $65,807 |
| Other assets | $0 |
| Total assets | $65,807 |
| Total liabilities | $0 |
| Net assets or fund balances | $65,807 |