Womans Seamens Friend Society Of Connecticut
- Assets
- $1.6m
- Revenue
- $850.6k
- Investments
- $1.0m
- Employees
- 0
- Location
- New Haven, CT
- Founding
- 07/1934
- Data as of
- 12/2022
- EIN
- 06-0655133
Organization Overview
Womans Seamens Friend Society Of Connecticut is located in New Haven, CT. The organization was established in 1934. According to its NTEE Classification (R24) the organization is classified as: Womens Rights, under the broad grouping of Civil Rights, Social Action & Advocacy and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Womans Seamens Friend Society Of Connecticut 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, Womans Seamens Friend Society Of Connecticut generated $850.6k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 23.8% each year . All expenses for the organization totaled $704.7k during the year ending 12/2022. While expenses have increased by 14.0% 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.
Since 2017, Womans Seamens Friend Society Of Connecticut has awarded 145 individual grants totaling $2,055,664. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Totman Executive Director | 30 | $0 | |
Sara S Tyler President | 1 | $0 | |
Marcia Cavanaugh Immediate Past President | 1 | $0 | |
Elizabeth Bernardo First Vice President | 1 | $0 | |
Margaret Ottenbreit Treasurer | 1 | $0 | |
Carol Clay Wiske Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $199,804 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $649,307 |
| Capital Gain Net Income | $649,307 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,500 |
| Total Revenue | $850,611 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $42,328 |
| Other employee salaries and wages | $3,285 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $16,543 |
| Depreciation | $45 |
| Occupancy | $9,000 |
| Travel, conferences, and meetings | $3,062 |
| Printing and publications | $0 |
| Other expenses | $11,116 |
| Total operating and administrative expenses | $134,060 |
| Contributions, gifts, grants paid | $570,659 |
| Total expenses and disbursements | $704,719 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $603,348 |
| 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 | $0 |
| Net Land, buildings, and equipment | $964 |
| Other assets | $0 |
| Total assets | $1,609,026 |
| 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 |
Grants Awarded
Over the last fiscal year, Womans Seamens Friend Society Of Connecticut has awarded $570,659 in support to 23 organizations.
| Grant Recipient | Amount |
|---|---|
DOWNTOWN EVENING SOUP KITCHEN PURPOSE: SUPPORT DURING COVID PANDEMIC | $18,000 |
MASSACHUSETTS MARITIME ACADEMY PURPOSE: SCHOLARSHIPS AND OPERATIONS | $125,500 |
AMERICAN RED CROSS PURPOSE: OPERATIONS | $22,000 |
CONNECTICUT FOOD BANK PURPOSE: OPERATIONS | $60,000 |
FIRST CONGREGATIONAL CHURCH PURPOSE: OPERATIONS | $6,000 |
CONNECTICUT HOSPICE PURPOSE: OPERATIONS | $16,000 |