12 Westmain St Trustees is located in Avon, CT. The organization was established in 1983. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. 12 Westmain St Trustees is a 501(c)(2) and as such, is described as a "Title Holding Corporation for an Exempt Organization" by the IRS.
For the year ending 12/2023, 12 Westmain St Trustees generated $87.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (3.7%) each year. All expenses for the organization totaled $80.9k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (1.5%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
RENTAL INCOME IS USED TO MAINTAIN PROPERTY WITH THE SURPLUS DONATED TO SUPPORT AVON CONGREGATIONAL CHURCH
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Sally Albbrecht Trustee | 2 | $0 | |
Gail Alvord Trustee | 2 | $0 | |
Kent May Trustee | 2 | $0 | |
Robert Linderman Treasurer | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $87,447 |
Total Revenue | $87,447 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $31,908 |
Total expenses | $80,908 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $22,820 |
Other assets | $0 |
Total assets | $135,818 |
Total liabilities | $5,885 |
Net assets or fund balances | $129,933 |