Philippine Community Of Southern New Jersey Inc is located in Stratford, NJ. The organization was established in 1992. 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. Philippine Community Of Southern New Jersey 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 08/2022, Philippine Community Of Southern New Jersey Inc generated $62.8k 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 (5.9%) each year. All expenses for the organization totaled $64.5k during the year ending 08/2022. As we would expect to see with falling revenues, expenses have declined by (3.2%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
PARTICIPATE IN ETHNIC PHILIPINE EVENTS FOR YOUTH, CIVIC PROGRAMS, SENIOR INFORMATION AND INFORMATION ABOUT THE PHILIPINE TRADITIONS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Cynthia Aragoncillo Past President | 8 | $0 | |
Agustina B Aquino President | 8 | $0 | |
Aliena Magpantay Treasurer | 8 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $4,919 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $31,227 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $26,650 |
Other Revenue | $0 |
Total Revenue | $62,796 |
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 | $1,900 |
Occupancy, rent, utilities, and maintenance | $55,291 |
Printing, publications, postage, and shipping | $515 |
Other expenses | $6,799 |
Total expenses | $64,505 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $161,595 |
Other assets | $0 |
Total assets | $386,227 |
Total liabilities | $6,830 |
Net assets or fund balances | $379,397 |
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