Merrimack Valley Quilters Inc is located in Haverhill, MA. The organization was established in 2002. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Merrimack Valley Quilters 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 06/2024, Merrimack Valley Quilters Inc generated $42.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.6% each year. All expenses for the organization totaled $39.4k during the year ending 06/2024. While expenses have increased by 0.3% 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
2024
Describe the Organization's Program Activity:
Part 3
TO FURTHER THE SKILLS AND ART OF QUILTING THROUGH EDUCATIONAL MEETINGS, WORKSHOPS, AND FELLOWSHIP; AND TO EXPAND COMMUNITY AWARENESS AND APPRECIATION OF QUILTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Nancy Scarfo President | 5 | $0 | |
Beth Bell Lavoie Vice President | 3 | $0 | |
Elizabeth Swan Clerk | 2 | $0 | |
Diane Kelley Asst Clerk | 2 | $0 | |
Wendy Ward Director | 2 | $0 | |
Zena Runkel Treasurer - Receivable | 5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $29,594 |
Total Program Service Revenue | $0 |
Membership dues | $4,510 |
Investment income | $573 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $7,905 |
Other Revenue | $0 |
Total Revenue | $42,582 |
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 | $1,500 |
Occupancy, rent, utilities, and maintenance | $1,467 |
Printing, publications, postage, and shipping | $351 |
Other expenses | $36,067 |
Total expenses | $39,385 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $49,665 |
Other assets | $0 |
Total assets | $49,665 |
Total liabilities | $0 |
Net assets or fund balances | $49,665 |