Turkish American Community Center Inc
- Assets
- $284.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Manalapan, NJ
- Founding
- 09/1987
- Data as of
- 08/2024
- EIN
- 22-2740219
Organization Overview
Turkish American Community Center Inc is located in Manalapan, NJ. The organization was established in 1987. According to its NTEE Classification (X40) the organization is classified as: Islam, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Turkish American Community Center 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 08/2024, Turkish American Community Center Inc generated $94.2k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 56.3% each year . All expenses for the organization totaled $90.4k during the year ending 08/2024. While expenses have increased by 44.0% per year over the past 4 years. They've been increasing with an increasing level of total revenue. 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
2024
Describe the Organization's Program Activity:
Part 3
TO PROMOTE THE SOCIAL WELFARE OF ITS MEMBERS BY DEVELOPING AND FOSTERING CULTURAL AND SOCIAL AWARENESS AND RELATIONS BETWEEN THE AMERICAN AND TURKISH PEOPLE BOTH DIRECTLY AND INDIRECTLY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nadir Yurter President | 2 | $0 | |
Mehmet Reyhan Trustee | 1 | $0 | |
Osman Gebizlioglu Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $46,457 |
| Total Program Service Revenue | $41,266 |
| Membership dues | $5,701 |
| Investment income | $9 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $805 |
| Total Revenue | $94,238 |
| 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 | $2,634 |
| Occupancy, rent, utilities, and maintenance | $36,516 |
| Printing, publications, postage, and shipping | $740 |
| Other expenses | $50,547 |
| Total expenses | $90,437 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $64,873 |
| Other assets | $0 |
| Total assets | $284,182 |
| Total liabilities | $0 |
| Net assets or fund balances | $284,182 |