The Reading Police Supervisory Officers Association Inc
- Assets
- $10.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Reading, MA
- Founding
- 05/1973
- Data as of
- 12/2021
- EIN
- 04-3408086
Organization Overview
The Reading Police Supervisory Officers Association Inc is located in Reading, MA. The organization was established in 1973. According to its NTEE Classification (J40) the organization is classified as: Labor Unions, under the broad grouping of Employment and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Reading Police Supervisory Officers Association Inc is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 12/2021, Reading Police Supervisory Officers Association Inc generated $27.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (11.0%) each year. All expenses for the organization totaled $30.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (9.4%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard Abate President | 2 | $3,000 | |
Christopher Picco Vice President | 2 | $2,000 | |
Christopher Jones Treasurer | 2 | $3,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $17,281 |
| Total Program Service Revenue | $0 |
| Membership dues | $9,889 |
| Investment income | $8 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $27,178 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $8,000 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $8,790 |
| Other expenses | $5,016 |
| Total expenses | $30,408 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $10,520 |
| Other assets | $0 |
| Total assets | $10,520 |
| Total liabilities | $0 |
| Net assets or fund balances | $10,520 |