Senior Center At Lower Village Inc is located in Kennebunk, ME. The organization was established in 1991. According to its NTEE Classification (P81) the organization is classified as: Senior Centers, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Senior Center At Lower Village 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, Senior Center At Lower Village Inc generated $305.4k 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 (4.3%) each year. All expenses for the organization totaled $334.1k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
AUCTION EVENTS
KITCHEN TOUR
HOLIDAY FAIR
COLLETTE TOURS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Tricia Gallagher Board Member | 2 | $0 | |
Bruce Mcclelland Secretary | 2 | $0 | |
Julie Richardson Board Member | 2 | $0 | |
Kathy Baker Vice Chair | 2 | $0 | |
Kyle Barrett Board Member | 2 | $0 | |
Dina Lennon Board Member | 2 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $90,643 |
Interest on Savings | $1,128 |
Dividends & Interest | $54,989 |
Net Rental Income | -$3,796 |
Net Gain on Sale of Assets | $639 |
Capital Gain Net Income | $639 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $157,955 |
Total Revenue | $305,354 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $155,149 |
Pension plans, employee benefits | $3,611 |
Interest | $0 |
Taxes | $14,463 |
Depreciation | $25,019 |
Occupancy | $14,689 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $109,634 |
Total operating and administrative expenses | $334,055 |
Contributions, gifts, grants paid | $0 |
Total expenses and disbursements | $334,055 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $11,942 |
Savings and temporary cash investments | $606,773 |
Net Accounts receivable | $250 |
Net Pledges Receivable | $0 |
Grants receivable | $0 |
Receivables from Officers, Directors, or Controlling Persons | $0 |
Net other notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Investments - land, buildings, equipment | $0 |
Investments—mortgage loans | $0 |
Investments—other | $1,062,343 |
Net Land, buildings, and equipment | $537,002 |
Other assets | $0 |
Total assets | $2,218,310 |
Accounts payable and accrued expenses | $9,799 |
Grants payable | $0 |
Deferred revenue | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Mortgages and other notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $9,799 |