Norwood Police Association
- Assets
- $41.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Norwood, MA
- Founding
- 03/1997
- Data as of
- 12/2023
- EIN
- 22-2484926
Organization Overview
Norwood Police Association is located in Norwood, MA. The organization was established in 1997. According to its NTEE Classification (I03) the organization is classified as: Professional Societies & Associations, 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. Norwood Police Association is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2023, Norwood Police Association generated $45.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (8.1%) each year. All expenses for the organization totaled $68.6k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (0.7%) per year over the past 8 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
CHARITABLE DONATIONS TO THE COMMUNITY FOR INDIVIDUALS IN NEED AS WELL AS PROVIDING ASSISTANCE TO MEMBERS OF THE LOCAL POLICE UNION AND THEIR FAMILIES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard Mcgowan President | 1 | $550 | |
Christopher Flanagan Vice Preside | 1 | $0 | |
Brendan Sweeney Treasurer | 2 | $1,050 | |
John Gover Director | 1 | $250 | |
Jennifer Hoyle Director | 1 | $300 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,800 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $201 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $5,426 |
| Other Revenue | $28,990 |
| Total Revenue | $45,417 |
| 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 | $5,845 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $149 |
| Other expenses | $62,641 |
| Total expenses | $68,635 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $41,031 |
| Other assets | $0 |
| Total assets | $41,031 |
| Total liabilities | $0 |
| Net assets or fund balances | $41,031 |