Ipswich Rotary Club Charitable Endowment
- Assets
- $27.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Ipswich, MA
- Founding
- 08/1999
- Data as of
- 06/2022
- EIN
- 04-3412301
Organization Overview
Ipswich Rotary Club Charitable Endowment is located in Ipswich, MA. The organization was established in 1999. According to its NTEE Classification (S11) the organization is classified as: Single Organization Support, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ipswich Rotary Club Charitable Endowment 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 06/2022, Ipswich Rotary Club Charitable Endowment generated $17.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (6.6%) each year. All expenses for the organization totaled $24.1k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (1.0%) per year over the past 6 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
CONTRIBUTIONS WERE MADE TO SUPPORT CHARITABLE ORGANIZATIONS THAT OPERATE TO SERVE EDUCATIONAL & CHARITABLE PURPOSES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Theodore Garside Trustee | 1 | $0 | |
Mary Foote-Hill Trustee | 1 | $0 | |
Martha Mauser Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,557 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $86 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $14,092 |
| Other Revenue | $0 |
| Total Revenue | $17,735 |
| 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 | $35 |
| Total expenses | $24,088 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $26,821 |
| Other assets | $0 |
| Total assets | $27,711 |
| Total liabilities | $0 |
| Net assets or fund balances | $27,711 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Ipswich Rotary Club Charitable Endowment has recieved totaling $3,750.
| Awarding Organization | Amount |
|---|---|
Institution For Savings In Newbrypt & Its Vcnty Chrtble Foundation Inc Newburyport, MA PURPOSE: EXEMPT PURPOSE | $3,750 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Civic Concourse Village Corporation New York, NY | $28,206,759 | $2,332,033 |
Boston Impact Initiative Fund Jamaica Plain, MA | $9,324,957 | $1,483,915 |
Circulo Real Property Holding Corporation Garden City, NY | $14,540,047 | $1,206,514 |
Bartlett Place Land Inc Roxbury, MA | $22,793,078 | $357,748 |
Downtown Committee Of Syracuse Inc Syracuse, NY | $1,105,419 | $1,527,939 |
Helen Schuyler Tr Uw Bo Community Foundation Elmira, NY | $20,149,017 | $3,771,137 |
H-C Management Services Inc Holyoke, MA | $16,982,979 | $190,019 |
Pine Banks Park Foundation Malden, MA | $3,209,592 | $822,137 |
Park Side 104 Housing Development Fund Company Inc New York, NY | $2,165,362 | $410,244 |
Schuyler County Human Servicesdevelopment Corporation Watkins Glen, NY | $3,537,005 | $364,575 |
King Street Center Foundation Burlington, VT | $0 | $1,865,379 |
South Burlington Library Foundation Inc South Burlington, VT | $221,192 | $309,750 |