Salisbury Family Services Incorporated is located in Salisbury, CT. The organization was established in 1949. According to its NTEE Classification (P40) the organization is classified as: Family Services, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Salisbury Family Services Incorporated 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, Salisbury Family Services Incorporated generated $215.8k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 4.1% each year. All expenses for the organization totaled $158.5k during the year ending 12/2023. While expenses have increased by 3.6% 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
SALISBURY FAMILY SERVICES IS COMMITTED TO HELPING THOSE PEOPLE IN OUR COMMUNITY WHO ARE EXPERIENCING DIFFICULTIES. WITH RESPECT FOR THE INDIVIDUAL, AND A VISION FOR A BETTER COMMUNITY, OUR GOAL IS TO HELP PEOPLE HELP THEMSELVES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOOL, CHILD CARE, RENT, TRANSPORTATION & UTILITIES GRANTS TO NEEDY INDIVIDUALS & FAMILIESHOUSING ASSISTANCE LOANS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Elizabeth Schaufelberger Board Member | Trustee | 1 | $0 |
Barret Prinz Board Member | Trustee | 1 | $0 |
Sally Spillane Board Member | Trustee | 1 | $0 |
Gerry Stanton Board Member | Trustee | 1 | $0 |
Sophia Deboer Board Member | Trustee | 1 | $0 |
Catriona Pike Shillngford Board Member | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $3,785 |
All other contributions, gifts, grants, and similar amounts not included above | $180,008 |
Noncash contributions included in lines 1a–1f | $1,125 |
Total Revenue from Contributions, Gifts, Grants & Similar | $183,793 |
Total Program Service Revenue | $3,400 |
Investment income | $28,598 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $34 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $215,825 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $78,748 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $45,287 |
Compensation of current officers, directors, key employees. | $9,057 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $3,505 |
Fees for services: Management | $0 |
Fees for services: Legal | $2,500 |
Fees for services: Accounting | $1,841 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $12,671 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $2,616 |
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 | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $5,304 |
All other expenses | $229 |
Total functional expenses | $158,501 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $139,693 |
Savings and temporary cash investments | $82,367 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $135,146 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $744,851 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,102,057 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
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 | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Net assets without donor restrictions | $689,498 |
Net assets with donor restrictions | $412,559 |
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 | $1,102,057 |