Recreational Adult Resource Association Of Greater Lowell Inc
- Assets
- $382.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 1
- Location
- Lowell, MA
- Founding
- 04/1971
- Data as of
- 06/2023
- EIN
- 23-7102772
Organization Overview
Recreational Adult Resource Association Of Greater Lowell Inc, operating under the name Of Greater Lowell Inc, is located in Lowell, MA. The organization was established in 1971. According to its NTEE Classification (P82) the organization is classified as: Developmentally Disabled 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. Of Greater Lowell 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 06/2023, Of Greater Lowell Inc generated $75.3k 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 (5.0%) each year. All expenses for the organization totaled $96.1k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (2.4%) 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
ADMINISTER CARE AND EDUCATION TO INTELLECTUALLY CHALLENGED ADULTS, THERE ARE APPROXIMATELY 135 CLIENTS SERVED BY THE ORGANIZATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Pauline J King President/tr | 1 | $0 | |
Sandy Vergados Vice-Preside | 1 | $0 | |
John Broussard Assistant Tr | 1 | $0 | |
Bonnie Gallagher Secretary | 1 | $0 | |
Robert Chateauneuf Director | 1 | $0 | |
Cynthia Perrone Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $43,928 |
| Total Program Service Revenue | $31,179 |
| Membership dues | $0 |
| Investment income | $184 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $75,291 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $22,445 |
| Professional fees and other payments to independent contractors | $1,000 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $72,659 |
| Total expenses | $96,104 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $65,044 |
| Other assets | $0 |
| Total assets | $382,764 |
| Total liabilities | $0 |
| Net assets or fund balances | $382,764 |