The Stonington Community Center Inc
- Assets
- $4.8m
- Revenue
- $2.2m
- Investments
- $0.0
- Employees
- 56
- Location
- Stonington, CT
- Founding
- 09/1946
- Data as of
- 12/2023
- EIN
- 06-0665193
Organization Overview
The Stonington Community Center Inc is located in Stonington, CT. The organization was established in 1946. According to its NTEE Classification (P28) the organization is classified as: Neighborhood Centers, under the broad grouping of Human Services and related organizations. As of 12/2023, Stonington Community Center Inc employed 56 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Stonington Community Center 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 12/2023, Stonington Community Center Inc generated $2.2m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 7.6% each year. All expenses for the organization totaled $2.1m during the year ending 12/2023. While expenses have increased by 8.5% per year over the past 9 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO AIDE IN THE PHYSICAL, MENTAL, SOCIAL & SPIRITUAL GROWTH OF THE YOUNG PEOPLE & ADULTS OF THE STONINGTON COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LOCAL COMMUNTY SERVICE & RECREATIONAL ACTIVITIES TO AID IN THE PHYSICAL, SOCIAL, MENTAL & SPIRITUAL GROWTH OF THE MEMBERS OF THE STONINGTON COMMUNITY. THIS INCLUDES SPORTS AND RECREATIONAL ACTIVITIES, NURSERY SCHOOL, AFTER-SCHOOL AND SUMMER CAMPS, AND PROGRAMS FOR SENIOR CITIZENS.
WHITMAN SCHOLARSHIP FUND-STUDENT SCHOLARSHIPS. AWARDED FOR STANDARDS OF CONDUCT AND GOOD CITIZENSHIP. RAMSBOTHEM & BOATWRIGHT SCHOLARSHIP FUNDS-STUDENT SCHOLARSHIPS BASED ON NEED AND COMMUNITY INVOLVEMENT. SHERRY SCHOLARSHIP- SCHOLARSHIPS FOR COMO PROGRAMS BASED ON INDIVIDUAL NEED. PIVER SCHOLARSHIPS- STUDENT SCHOLARSHIPS WHO EPITOMIZED JOSH'S PASSION FOR LIFE.
FRANCES DRAKE SCHOLARSHIP FUND-STUDENT SCHOLARSHIPS. TO PROVIDE SCHOLARSHIPS TO STUDENTS BASED ON ACHIEVEMENTS IN THEIR COMMUNITY.
FRANK TUREK SCHOLARSHIP FUND- DONATIONS FROM THE MEMBERSHIP TO BE AWARDED THROUGH SCHOLARSHIPS TO DESERVING STUDENTS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Matthew Haugen Executive Di | Officer | 40 | $84,808 |
Dave Appleman Director | Trustee | 2 | $0 |
Matt Berger Director | Trustee | 2 | $0 |
Jessica Bradley Director | Trustee | 2 | $0 |
Beth Chapin Director | Trustee | 2 | $0 |
Jill Corr President | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $81,029 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $311,208 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $392,237 |
| Total Program Service Revenue | $1,697,724 |
| Investment income | $38,132 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $94,186 |
| Net Income from Fundraising Events | $19,704 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,241,983 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $57,254 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $84,808 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,046,337 |
| Pension plan accruals and contributions | $14,603 |
| Other employee benefits | $40,546 |
| Payroll taxes | $83,768 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,814 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $12,886 |
| Fees for services: Other | $0 |
| Advertising and promotion | $9,461 |
| Office expenses | $39,427 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $22,920 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $112,976 |
| Insurance | $83,339 |
| All other expenses | $20,536 |
| Total functional expenses | $2,054,008 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $478,542 |
| Savings and temporary cash investments | $863,297 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $9,884 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $28,385 |
| Net Land, buildings, and equipment | $2,001,498 |
| Investments—publicly traded securities | $1,315,849 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $70,341 |
| Total assets | $4,767,796 |
| Accounts payable and accrued expenses | $25,039 |
| Grants payable | $0 |
| Deferred revenue | $163,812 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $825,750 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $3,132 |
| Total liabilities | $1,017,733 |
| Net assets without donor restrictions | $2,603,851 |
| Net assets with donor restrictions | $1,146,212 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $4,767,796 |