India Cultural Association Of Central Jersey
- Assets
- $191.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Old Bridge, NJ
- Founding
- 03/1983
- Data as of
- 12/2021
- EIN
- 22-2423946
Organization Overview
India Cultural Association Of Central Jersey is located in Old Bridge, NJ. The organization was established in 1983. According to its NTEE Classification (A23) the organization is classified as: Cultural & Ethnic Awareness, 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. India Cultural Association Of Central Jersey is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2021, India Cultural Association Of Central Jersey generated $16.7k 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 (22.3%) each year. All expenses for the organization totaled $31.6k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (15.8%) per year over the past 7 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 |
|---|---|---|---|
Kesu Gada President | 4 | $0 | |
Rajan Shah Vice President | 3 | $0 | |
Veena Agarwala Secretary | 4 | $0 | |
Hetal Shah Treasurer | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,651 |
| Total Program Service Revenue | $13,896 |
| Membership dues | $1,050 |
| Investment income | $139 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $16,736 |
| 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 | $31,643 |
| Total expenses | $31,643 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $191,584 |
| Other assets | $0 |
| Total assets | $191,584 |
| Total liabilities | $0 |
| Net assets or fund balances | $191,584 |
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