Monterey News Inc is located in Monterey, MA. The organization was established in 2009. 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. Monterey News 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, Monterey News Inc generated $28.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.9% each year. All expenses for the organization totaled $28.5k during the year ending 12/2022. While expenses have increased by 2.2% 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
PUBLISH AND DISTRIBUTE COMMUNITY NEWSPAPER OF TWELVE MONTHLY ISSUES OF APROXIMATELY 1100 COPIES PER MONTH. EXPENSES $28,534
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Cynthia T Hoogs Treasurer | 2 | $600 | |
Kyle L Pierce President | 0 | $0 | |
Steven Snyder Secretary | 0 | $0 | |
Bonner Mcallester Board Member | 0 | $0 | |
Rosalyn Halberstatler Board Member | 0 | $0 | |
Dennis Lynch Board Member | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $18,527 |
Total Program Service Revenue | $9,966 |
Membership dues | $0 |
Investment income | $16 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $28,509 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $28,534 |
Total expenses | $28,534 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $26,452 |
Other assets | $0 |
Total assets | $26,452 |
Total liabilities | $0 |
Net assets or fund balances | $26,452 |
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