Dracut Police Association Inc
- Assets
- $42.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Dracut, MA
- Founding
- 02/1997
- Data as of
- 05/2024
- EIN
- 04-3332290
Organization Overview
Dracut Police Association Inc is located in Dracut, MA. The organization was established in 1997. According to its NTEE Classification (Y40) the organization is classified as: Fraternal Societies, under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Dracut Police Association 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 05/2024, Dracut Police Association Inc generated $34.2k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.6% each year. All expenses for the organization totaled $22.8k during the year ending 05/2024. While expenses have increased by 9.3% per year over the past 6 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
SPONSORSHIP OF LOCAL SCHOOL, CIVIC AGENCIES AND VARIOUS SPORT PROGRAMS FOR YOUTHS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Quealy Director | 2 | $1,500 | |
Robert Ludwig Director | 2 | $1,200 | |
Jonathan Seamans Director | 2 | $500 | |
Derek Scribner Secretary | 2 | $1,200 | |
Jake Malandrino Vice President | 2 | $1,200 | |
Lawrence Flynn Treasurer | 2 | $1,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $13,810 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $2 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $20,367 |
| Other Revenue | $0 |
| Total Revenue | $34,179 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $8,100 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $9,794 |
| Total expenses | $22,756 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $42,185 |
| Other assets | $0 |
| Total assets | $42,185 |
| Total liabilities | $0 |
| Net assets or fund balances | $42,185 |