Relief Association Inc
- Assets
- $765.5k
- Revenue
- $54.2k
- Investments
- $763.7k
- Employees
- 0
- Location
- Nantucket, MA
- Founding
- 12/1943
- Data as of
- 12/2022
- EIN
- 04-6066321
Organization Overview
Relief Association Inc is located in Nantucket, MA. The organization was established in 1943. According to its NTEE Classification (M99) the organization is classified as: Public Safety, Disaster Preparedness & Relief N.E.C., under the broad grouping of Public Safety, Disaster Preparedness & Relief and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Relief 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 12/2022, Relief Association Inc generated $54.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (4.0%) each year. All expenses for the organization totaled $56.3k during the year ending 12/2022. 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 |
|---|---|---|---|
Kathryn Glidden President | 2 | $0 | |
Susan Ottison Treasurer | 5 | $0 | |
Diana Hull Clerk | 2 | $0 | |
Jane Valero Treasurer | 5 | $0 | |
Sherry Hunt Director | 0 | $0 | |
Debra Bechtold Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $15,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $27,332 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $11,823 |
| Capital Gain Net Income | $11,823 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $54,155 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,849 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $244 |
| Total operating and administrative expenses | $13,706 |
| Contributions, gifts, grants paid | $42,550 |
| Total expenses and disbursements | $56,256 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,740 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $763,742 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $765,482 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |