Andover 1078 Inc
- Assets
- $442.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Andover, MA
- Founding
- 01/1985
- Data as of
- 09/2022
- EIN
- 04-6360797
Organization Overview
Andover 1078 Inc is located in Andover, MA. The organization was established in 1985. According to its NTEE Classification (S47) the organization is classified as: Real Estate Associations, 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. Andover 1078 Inc is a 501(c)(2) and as such, is described as a "Title Holding Corporation for an Exempt Organization" by the IRS.
For the year ending 09/2022, Andover 1078 Inc generated $37.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.0% each year. All expenses for the organization totaled $40.9k during the year ending 09/2022. While expenses have increased by 6.0% per year over the past 7 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
KNIGHTS OF COLUMBUS IS A CATHOLIC FRATERNAL ORGANIZATION DEDICATED TO PROMOTING AND CONDUCTING EDUCATIONAL, CHARITABLE, RELIGIOUS AND SOCIAL WELFARE WORKS, RENDERING MUTUAL AID AND ASSISTANCE TO SICK AND NEEDY MEMBERS AND THEIR FAMILIES, AND PROVIDING INSURANCE PRODUCTS AND ANNUITIES TO BENEFIT MEMBERS, WIVES AND CHILDREN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paul Kelly President | 0.5 | $0 | |
James Keleher Clerk | 0.5 | $0 | |
Armond Colombo Vice President | 0.5 | $0 | |
Chuck Lane Board Member | 0.25 | $0 | |
John Armano Board Member | 0.25 | $0 | |
Todd Beati Board Member | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $26,434 |
| Membership dues | $0 |
| Investment income | $11,412 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $37,846 |
| 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 | $16,146 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $24,803 |
| Total expenses | $40,949 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $255,529 |
| Other assets | $0 |
| Total assets | $442,034 |
| Total liabilities | $0 |
| Net assets or fund balances | $442,034 |
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