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 05/2022, Dracut Police Association Inc generated $19.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.3%) each year. All expenses for the organization totaled $23.4k during the year ending 05/2022. As we would expect to see with falling revenues, expenses have declined by (6.7%) per year over the past 7 years. 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
SPONSORSHIP OF LOCAL SCHOOL, CIVIC AGENCIES AND VARIOUS SPORT PROGRAMS FOR YOUTHS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Greg Gaetano President | 5 | $3,100 | |
James Quealy Director | 2 | $1,500 | |
Lawrence Flynn Treasurer | 2 | $1,000 | |
John Cotnoir Vice President | 2 | $850 | |
Zachariah Coleman Secretary | 2 | $850 | |
Jonathan Seamans Former Director | 2 | $500 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $13,555 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $2 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $5,575 |
Other Revenue | $0 |
Total Revenue | $19,132 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $8,200 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $7,870 |
Total expenses | $23,370 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $28,685 |
Other assets | $0 |
Total assets | $28,685 |
Total liabilities | $0 |
Net assets or fund balances | $28,685 |
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