Norwalk Police Fund Inc
- Assets
- $368.5k
- Revenue
- $213.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Norwalk, CT
- Founding
- 09/1961
- Data as of
- 09/2022
- EIN
- 06-6042689
Organization Overview
Norwalk Police Fund Inc is located in Norwalk, CT. The organization was established in 1961. According to its NTEE Classification (I02) the organization is classified as: Management & Technical Assistance, under the broad grouping of Crime & Legal-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Norwalk Police Fund Inc is a 501(c)(9) and as such, is described as a "Voluntary Employees Beneficiary Association" by the IRS.
For the year ending 09/2022, Norwalk Police Fund Inc generated $213.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.7% each year. All expenses for the organization totaled $287.6k during the year ending 09/2022. While expenses have increased by 7.3% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE NORWALK POLICE FUND INC. WAS CREATED FOR THE BENFIT OF THE REGULAR MEMBERS OF THE NORWALK, CT POLICE FORCE AND TO PROMOTE AND AID IN ITS SOCIAL AND GENERAL WELFARE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ANNUAL OUTING, CHRISTMAS PARTY AND RETIREMENT PARTIES FOR MEMBERS.
COMMUNITY CHARITABLE EVENTS AND SPONSERSHIPS.
LIFE AND DISABILITY INSURANCE FOR BOTH ACTIVE AND RETIRED OFFICERS OF THE NORWALK, CT POLICE DEPARTMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Peter White Trustee | Trustee | 0 | $0 |
Richard Montanez Trustee | Trustee | 0 | $0 |
Vidan Gonez Secretary | Trustee | 0 | $0 |
Justin Bisceglie Treasurer | Trustee | 0 | $0 |
Mark Suda Vice President | Trustee | 0 | $0 |
Kelly Haddy Trustee | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $43,759 |
| Fundraising events | $199,965 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,000 |
| Noncash contributions included in lines 1a–1f | $2,000 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $245,724 |
| Total Program Service Revenue | $0 |
| Investment income | -$50,277 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $17,970 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $213,417 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $42,575 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $112,717 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $32,615 |
| Fees for services: Investment Management | $7,489 |
| Fees for services: Other | $80,950 |
| Advertising and promotion | $0 |
| Office expenses | $383 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,100 |
| 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 | $102 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $287,649 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $59,891 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,941 |
| 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 | $0 |
| Net Land, buildings, and equipment | $106 |
| Investments—publicly traded securities | $305,563 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1 |
| Total assets | $368,502 |
| Accounts payable and accrued expenses | $10,834 |
| 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 | $10,834 |
| Net assets without donor restrictions | $356,617 |
| Net assets with donor restrictions | $1,051 |
| 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 | $368,502 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Norwalk Police Fund Inc has recieved totaling $1,000.
| Awarding Organization | Amount |
|---|---|
Brewer Family Foundation Inc Rowayton, CT PURPOSE: SUPPORT THE BENEFIT OF THE NORWALK POLICE FORCE | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Massachusetts Continuing Legal Education Inc Boston, MA | $16,907,463 | $6,276,731 |
Yonkers Police Captains Lts & Sgts Benevolent Assoc Trust Fund Wallingford, CT | $161,472 | $542,001 |
Yonkers Police Captains Lieutenants And Sergeants Benevolent Associati Yonkers, NY | $330,036 | $477,977 |
Southampton Village Police Benevolent Association Inc Southampton, NY | $834,276 | $317,311 |
Yorktown Police Benevolent Association Inc Yorktown Heights, NY | $669,269 | $275,450 |
Norwalk Police Fund Inc Norwalk, CT | $368,502 | $213,417 |
Police Benevolent Association Ofthe Village Of Mamaroneck Inc Mamaroneck, NY | $224,568 | $265,608 |
Floral Park Policemens Benevolentassociation Inc Floral Park, NY | $784,090 | $230,711 |
Colonie Police Benevolent Association Inc Latham, NY | $566,811 | $294,673 |
Riverhead Police Benevolent Association Inc Riverhead, NY | $222,210 | $219,214 |
Garden City Police Benevolent Association Inc Garden City, NY | $483,737 | $214,299 |
Town Of Mount Pleasant Policemens Benevolent Association Inc Hawthorne, NY | $622,477 | $158,616 |