The Stonington Community Center Inc
- Assets
- $4.8m
- Revenue
- $1.8m
- Investments
- $0.0
- Employees
- 39
- Location
- Stonington, CT
- Founding
- 09/1946
- Data as of
- 12/2021
- 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 12/2021, Stonington Community Center Inc employed 39 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 12/2021, Stonington Community Center Inc generated $1.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.4% each year. All expenses for the organization totaled $1.4m during the year ending 12/2021. While expenses have increased by 5.0% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
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.
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.
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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Beth Stewart Executive Di | Officer | 40 | $122,898 |
Richard Balestracci Treasurer | OfficerTrustee | 2 | $0 |
Jill Corr Vice Preside | OfficerTrustee | 2 | $0 |
Eric Garofano President | OfficerTrustee | 2 | $0 |
Joan O'neill Secretary | OfficerTrustee | 2 | $0 |
Jim Bates Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $20,860 |
| Related organizations | $0 |
| Government grants | $127,137 |
| All other contributions, gifts, grants, and similar amounts not included above | $253,967 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $401,964 |
| Total Program Service Revenue | $1,341,645 |
| Investment income | $21,156 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $33,228 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,797,993 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $42,262 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $122,898 |
| Compensation of current officers, directors, key employees. | $61,449 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $537,297 |
| Pension plan accruals and contributions | $7,300 |
| Other employee benefits | $36,155 |
| Payroll taxes | $61,596 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $13,665 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $15,995 |
| Fees for services: Other | $0 |
| Advertising and promotion | $2,662 |
| Office expenses | $24,544 |
| 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 | $23,677 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $97,869 |
| Insurance | $64,073 |
| All other expenses | $51,482 |
| Total functional expenses | $1,382,819 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $968,376 |
| Savings and temporary cash investments | $26,791 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $160,729 |
| 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 | $26,311 |
| Net Land, buildings, and equipment | $2,012,104 |
| Investments—publicly traded securities | $1,515,877 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $70,281 |
| Total assets | $4,780,469 |
| Accounts payable and accrued expenses | $90,539 |
| Grants payable | $0 |
| Deferred revenue | $134,558 |
| 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 | $853,686 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2,976 |
| Total liabilities | $1,081,759 |
| Net assets without donor restrictions | $2,516,153 |
| Net assets with donor restrictions | $1,182,557 |
| 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 | $4,780,469 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that The Stonington Community Center Inc has recieved totaling $1,000.
| Awarding Organization | Amount |
|---|---|
Benson P Blake Char Tr C O Tua Dallas, TX PURPOSE: UNRESTRICTED GENERAL | $1,000 |
Endowment Analysis
| Beg. Balance | $1,448,123 |
| Earnings | $156,804 |
| Other Expense | $28,700 |
| Ending Balance | $1,586,158 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Berkshire Community Action Council Inc Pittsfield, MA | $2,763,554 | $16,009,775 |
Greenwich House Inc New York, NY | $11,549,979 | $15,122,608 |
Jewish Community Center Of Greater Boston Inc Newton, MA | $45,652,157 | $18,629,565 |
Neighborhood Center Inc Utica, NY | $17,931,948 | $14,494,044 |
Sid Jacobson Jewish Community Center Inc East Hills, NY | $29,307,935 | $11,557,836 |
Kingsbridge Heights Community Center Inc Bronx, NY | $2,654,388 | $11,434,725 |
Jewish Community Centers Assoc Of North America New York, NY | $36,113,804 | $13,489,441 |
New York City Mission Society New York, NY | $48,016,978 | $14,620,226 |
Stanley M Isaac Neighborhood Center New York, NY | $5,435,229 | $9,854,562 |
Tolentine Zeiser Community Life Center Inc Bronx, NY | $1,913,257 | $8,869,636 |
Jewish Community Center Of Greater Buffalo Inc Getzville, NY | $21,139,129 | $10,793,823 |
United Veterans Beacon House Inc Bayshore, NY | $15,274,952 | $9,862,026 |