Mack Industrial School
- Assets
- $0.0
- Revenue
- $27.5k
- Investments
- $411.8k
- Employees
- 0
- Location
- Salem, MA
- Founding
- 11/1951
- Data as of
- 08/2020
- EIN
- 04-6032773
Organization Overview
Mack Industrial School is located in Salem, MA. The organization was established in 1951. According to its NTEE Classification (B30) the organization is classified as: Vocational & Technical Schools, 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. Mack Industrial School 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 08/2020, Mack Industrial School generated $27.5k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 64.3% each year . All expenses for the organization totaled $21.2k during the year ending 08/2020. While expenses have increased by 0.9% 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
Part 3 - Line 4a
AWARD COMMITTEE REVIEW - ALL VOLUNTEER
AWARD COMMITTEE REVIEW - ALL VOLUNTEER
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cathy Lazdowski President | 12 | $0 | |
Barbara Collins Vice-President | 12 | $0 | |
Robert Lutts Treasurer | 4 | $0 | |
Ann O'shea Scholarship Chair | 8 | $0 | |
Joan Fix Scholarship Chair | 8 | $0 | |
Charlene Bailey Secretary | 8 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $11,635 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $27,490 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $192 |
| Contributions, gifts, grants paid | $21,000 |
| Total expenses and disbursements | $21,192 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,147 |
| Investments—mortgage loans | $0 |
| Investments—other | $15,491 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
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