Monterey News Inc
- Assets
- $28.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Monterey, MA
- Founding
- 06/2009
- Data as of
- 12/2023
- EIN
- 04-3098721
Organization Overview
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 12/2023, Monterey News Inc generated $30.8k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 4.2% each year. All expenses for the organization totaled $29.0k during the year ending 12/2023. While expenses have increased by 2.2% per year over the past 5 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
2023
Describe the Organization's Program Activity:
Part 3
PUBLISH AND DISTRIBUTE COMMUNITY NEWSPAPER OF TWELVE MONTHLY ISSUES OF APROXIMATELY 1100 COPIES PER MONTH. EXPENSES $29026
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kyle L Pierce President | 0 | $0 | |
Steven Snyder Secretary | 0 | $0 | |
Cynthia T Hoogs Treasurer | 2 | $600 | |
Bonner Mcallester Board Member | 0 | $0 | |
Rosalyn Halberstatler Board Member | 0 | $0 | |
Dennis Lynch Board Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $21,864 |
| Total Program Service Revenue | $8,445 |
| Membership dues | $0 |
| Investment income | $488 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $30,797 |
| 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 | $29,026 |
| Total expenses | $29,026 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $28,223 |
| Other assets | $0 |
| Total assets | $28,223 |
| Total liabilities | $0 |
| Net assets or fund balances | $28,223 |