Colebrook Preservation Society Inc
- Assets
- $101.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Colebrook, CT
- Founding
- 06/2007
- Data as of
- 12/2022
- EIN
- 20-8602135
Organization Overview
Colebrook Preservation Society Inc is located in Colebrook, CT. The organization was established in 2007. According to its NTEE Classification (A80) the organization is classified as: Historical Organizations, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Colebrook Preservation Society 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 12/2022, Colebrook Preservation Society Inc generated $11.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (21.3%) each year. All expenses for the organization totaled $12.3k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (19.1%) per year over the past 7 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
2022
Describe the Organization's Program Activity:
Part 3
THE PRINCIPAL PROGRAM OF CPS IS TO SAVE THE COLEBROOK STORE. SUBSTANTIALLY ALL OF CPS' EXPENDITURES HAVE BEEN DEVOTED TO THAT END: NAMELY, TO ACQUIRE, RENOVATE, MAINTAIN, AND INSURE THE STORE. A SECOND OBJECTIVE OF CPS IS TO LEASE THE STORE ON FRIENDLY TERMS TO A TENANT WHO WILL OPERATE IT AND RESTORE SERVICES TO THE COMMUNITY. ALTHOUGH RENTAL INCOME PAID TO CPS BY THE TENANT COVERS SOME OF THE COST OF MAINTENANCE AND INSURANCE, PUBLIC SUPPORT AND GRANT MONEY WILL BE NECESSARY FOR THE FORESEEABLE FUTURE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Edward G Lord III President | 5 | $0 | |
Colette M Hiller Treasurer | 2 | $0 | |
Mark E Caufield Director | 1 | $0 | |
Thomas Reddington Director | 1 | $0 | |
Marjorie L Parkhurst Director | 1 | $0 | |
Carol H Lord Secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $750 |
| Total Program Service Revenue | $10,380 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $11,130 |
| 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 | $50 |
| Occupancy, rent, utilities, and maintenance | $12,186 |
| Printing, publications, postage, and shipping | $70 |
| Other expenses | $0 |
| Total expenses | $12,306 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $13,564 |
| Other assets | $0 |
| Total assets | $101,274 |
| Total liabilities | $547 |
| Net assets or fund balances | $100,727 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Colebrook Preservation Society Inc has recieved totaling $34,000.
| Awarding Organization | Amount |
|---|---|
Northwest Connecticut Community Foundation Inc Torrington, CT PURPOSE: Bell Tower | $34,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Josef And Anni Albers Foundation Inc Bethany, CT | $32,115,057 | $7,525,828 |
Massachusetts Historical Society Boston, MA | $153,195,244 | $13,508,822 |
Statue Of Liberty Ellis Island Foundation Inc New York, NY | $69,211,443 | $8,809,212 |
Edward M Kennedy Institute For The United States Senate Inc Boston, MA | $123,530,650 | $3,733,081 |
Nantucket Historical Association Nantucket, MA | $54,222,410 | $8,695,480 |
Philos Project Inc New York, NY | $1,194,685 | $1,246,393 |
Adirondack Historical Association Blue Mountain Lake, NY | $85,481,091 | $8,305,125 |
Old Dartmouth Historical Society New Bedford, MA | $34,006,057 | $4,398,959 |
Longyear Foundation Chestnut Hill, MA | $89,717,861 | $3,937,071 |
Iyrs School Of Technology & Trades Newport, RI | $24,395,751 | $5,182,625 |
The Arthur Page Society New York, NY | $4,651,652 | $4,039,971 |
Connecticut Historical Society Hartford, CT | $72,727,103 | $6,569,476 |