Methuen Police Relief Association
- Assets
- $50.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Methuen, MA
- Founding
- 02/2002
- Data as of
- 12/2020
- EIN
- 04-6109821
Organization Overview
Methuen Police Relief Association is located in Methuen, MA. The organization was established in 2002. According to its NTEE Classification (I99) the organization is classified as: Crime & Legal-Related N.E.C., under the broad grouping of Crime & Legal-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Methuen Police Relief Association is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2020, Methuen Police Relief Association generated $17.7k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 70.4% each year . All expenses for the organization totaled $34.8k during the year ending 12/2020. While expenses have increased by 14.5% per year over the past 3 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Randy Haggar President | 1 | $0 | |
Jeffrey J Torrisi Treasurer | 1 | $0 | |
Matthew Tarness Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $4,488 |
| Investment income | $756 |
| Gain or Loss | $4,404 |
| Net Income from Gaming & Fundraising | $8,003 |
| Other Revenue | $0 |
| Total Revenue | $17,651 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $30,000 |
| Salaries, other compensation, and employee benefits | $1,000 |
| Professional fees and other payments to independent contractors | $2,412 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $360 |
| Total expenses | $34,772 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $50,706 |
| Other assets | $0 |
| Total assets | $50,706 |
| Total liabilities | $0 |
| Net assets or fund balances | $50,706 |