Friends Of The East Hartford Senior Centers Inc
- Assets
- $467.7k
- Revenue
- $41.3k
- Investments
- $415.4k
- Employees
- 0
- Location
- East Hartford, CT
- Founding
- 03/2005
- Data as of
- 06/2022
- EIN
- 20-1463996
Organization Overview
Friends Of The East Hartford Senior Centers Inc is located in East Hartford, CT. The organization was established in 2005. According to its NTEE Classification (P81) the organization is classified as: Senior Centers, 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. Friends Of The East Hartford Senior Centers 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 06/2022, Friends Of The East Hartford Senior Centers Inc generated $41.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (14.4%) each year. All expenses for the organization totaled $16.8k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (38.9%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Yvette Roming President | 4 | $0 | |
Kenneth A Nelson Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $21,512 |
| Interest on Savings | $17 |
| Dividends & Interest | $13,885 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $8,426 |
| Capital Gain Net Income | $8,427 |
| Net ST Capital Gain | $20 |
| Income Modifications | $0 |
| Profit on Inventory Sales | -$2,500 |
| Other Income | $0 |
| Total Revenue | $41,340 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $5,291 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $9,211 |
| Total operating and administrative expenses | $16,815 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $16,815 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $33,837 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $415,421 |
| Net Land, buildings, and equipment | $18,451 |
| Other assets | $0 |
| Total assets | $467,709 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $310 |
| Total liabilities | $310 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
United Presbyterian & Reformed Adult Ministries Inc Flushing, NY | $13,773,181 | $9,913,948 |
Bergen Basin Commmunity Development Corporation Brooklyn, NY | $2,562,211 | $8,388,294 |
Western Connecticut Area Agency On Aging Inc Waterbury, CT | $3,714,113 | $8,361,310 |
Waveny Care Center Health Services Inc New Canaan, CT | $11,677,668 | $6,120,495 |
Eastern Connecticut Area Agency On Aging Inc Norwich, CT | $1,526,516 | $6,677,322 |
Community Agency For Senior Citizens Inc Staten Island, NY | $3,047,533 | $6,260,081 |
Fort Greene Council Inc Brooklyn, NY | $4,515,817 | $5,921,269 |
Neighborhood Self Help By Older Persons Project Inc Bronx, NY | $2,170,016 | $6,185,886 |
Presbyterian Senior Services New York, NY | $4,145,815 | $5,838,038 |
Services Now For Adult Persons Inc Queens Village, NY | $10,770,653 | $5,867,081 |
Service Program For Older People Inc New York, NY | $5,012,018 | $5,776,585 |
Find Aid For The Aged Inc New York, NY | $22,375,409 | $5,931,785 |