Recreational Adult Resource Association Of Greater Lowell Inc
- Assets
- $369.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 1
- Location
- Lowell, MA
- Founding
- 04/1971
- Data as of
- 06/2022
- 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 06/2022, Of Greater Lowell Inc generated $64.3k 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 (7.8%) each year. All expenses for the organization totaled $97.6k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (2.5%) per year over the past 7 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
2022
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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Pauline J King President/tr | 1 | $0 | |
John Broussard Assistant Tr | 4 | $0 | |
Sandy Vergados Vice-Preside | 1 | $0 | |
Bonnie Gallagher Secretary | 1 | $0 | |
Cynthia Perrone Director | 1 | $0 | |
Robert Charbeaneau Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $37,080 |
| Total Program Service Revenue | $26,538 |
| Membership dues | $0 |
| Investment income | $659 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $64,277 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $28,932 |
| Professional fees and other payments to independent contractors | $2,232 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $66,459 |
| Total expenses | $97,623 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $71,604 |
| Other assets | $0 |
| Total assets | $368,970 |
| Total liabilities | $0 |
| Net assets or fund balances | $368,970 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Recreational Adult Resource Association Of Greater Lowell Inc has recieved totaling $43,067.
| Awarding Organization | Amount |
|---|---|
Greater Lowell Community Foundation Inc Lowell, MA PURPOSE: GENERAL SUPPORT | $43,067 |
Endowment Analysis
| Beg. Balance | $47,012 |
| Earnings | $14,896 |
| Admin Expense | $3,994 |
| Net Contributions | $200,000 |
| Ending Balance | $257,914 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Center Of Hope Foundation Incorporated Southbridge, MA | $12,255,535 | $11,027,836 |
Nysarc Inc Latham, NY | $28,703,633 | $11,021,110 |
Living In Fulfilling Environments L I F E Inc Bristol, RI | $6,079,461 | $10,383,327 |
Arc Of Greater Plymouth Inc Plymouth, MA | $3,484,523 | $9,423,157 |
Maranatha Human Services Inc Richmond Hill, NY | $4,264,411 | $9,208,083 |
General Human Outreach In The Community Inc Kew Gardens, NY | $16,123,093 | $9,822,825 |
Nysarc Inc Chemung County Chapter Elmira, NY | $0 | $9,610,047 |
Bass River Day Activity Program Inc Beverly, MA | $8,976,021 | $10,059,931 |
Gateways To Change Inc Cranston, RI | $5,951,465 | $10,037,567 |
Bristol Adult Resource Center Inc Bristol, CT | $3,550,370 | $8,898,457 |
Associates For Human Services Inc Taunton, MA | $7,176,586 | $8,842,909 |
The Cove Center Inc Providence, RI | $3,675,059 | $9,611,664 |