Newton Police Memorial Association

Organization Overview

Newton Police Memorial Association is located in West Newton, MA. The organization was established in 1983. According to its NTEE Classification (Y44) the organization is classified as: Voluntary Employees Beneficiary Associations Government), under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Newton Police Memorial Association is a 501(c)(9) and as such, is described as a "Voluntary Employees Beneficiary Association" by the IRS.

For the year ending 02/2024, Newton Police Memorial Association generated $198.8k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (0.8%) each year. All expenses for the organization totaled $287.7k during the year ending 02/2024. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2024

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE MEMBERSHIP BENEFITS TO ITS CONSTITUENTS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVISION OF RETIREMENT AND OTHER BENEFITS TO ITS MEMBERS AND CONSTITUENTS. DURING FISCAL 2023, BENEFITS WERE PROVIDED TO ELEVEN RETIRING MEMBERS.


OTHER MEMBER RELATED EVENTS AND PROGRAMMING, INCLUDING AN ANNUAL GOLF TOURNAMENT AS A SIGN OF GOODWILL THAT WAS HELD EXCLUSIVELY FOR THEIR MEMBERS.


PROVISION OF SCHOLARSHIPS RANGING FROM $1,000 - $2,000 TO ITS MEMBERS' DEPENDENTS BASED ON NEED AND MERIT. DURING FISCAL 2023, SCHOLARSHIPS WERE PAID TO TEN MEMBERS' DEPENDENTS.


PROVISION OF CHARITABLE CONTRIBUTIONS TO LOCAL CHARITIES UPON REQUEST BY THE CHARITY AND THE AVAILABILITY OF THE FUNDS. DURING FISCAL 2023, CONTRIBUTIONS WERE MADE TO NINE DIFFERENT LOCAL CHARITIES. GRANTS WERE ALSO AWARDED TO FIVE INDIVIDUALS DEALING WITH PERSONAL HARDSHIPS AND TO ONE FAMILY OF A FALLEN POLICE OFFICER.


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Board, Officers & Key Employees

Name (title)Compensation
John P Claflin Jr
President
$2,000
Richard W Bradley
Treasurer (thru 2/24)
$2,000
Robert Hill
Vice President
$2,000
Alexander Coletti
Director
$2,000
Juan Garcia
Secretary
$1,700
John Babcock
Director
$1,700

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$32,355
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$146,515
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$178,870
Total Program Service Revenue$9,220
Investment income $31,421
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$20,731
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $198,780

Grants Awarded

Over the last fiscal year, Newton Police Memorial Association has awarded $32,436 in support to 2 organizations.

Grant RecipientAmount

NEW ENGLAND CHAPTER OF CONCERNS OF POLICE SURVIVORS INC

PURPOSE: TO SUPPORT MISSION

$14,058

COPS FOR KIDS WITH CANCER INC

PURPOSE: TO SUPPORT MISSION

$18,378
View Grant Profile

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