Statewide Towing Assoc Inc
- Assets
- $58.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Amesbury, MA
- Founding
- 08/1977
- Data as of
- 12/2021
- EIN
- 23-7121457
Organization Overview
Statewide Towing Assoc Inc is located in Amesbury, MA. The organization was established in 1977. According to its NTEE Classification (S03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Statewide Towing Assoc Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2021, Statewide Towing Assoc Inc generated $150.9k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.7%) each year. All expenses for the organization totaled $157.1k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William Johnson President | 40 | $0 | |
Fred Nicolosi Secretary | 5 | $0 | |
John Direnzo Jr Vice President | 20 | $0 | |
Todd Chase Treasurer | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,750 |
| Total Program Service Revenue | $55,834 |
| Membership dues | $73,953 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $18,379 |
| Other Revenue | $0 |
| Total Revenue | $150,916 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $54,751 |
| Professional fees and other payments to independent contractors | $74,350 |
| Occupancy, rent, utilities, and maintenance | $2,389 |
| Printing, publications, postage, and shipping | $277 |
| Other expenses | $25,333 |
| Total expenses | $157,100 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $55,205 |
| Other assets | $0 |
| Total assets | $58,863 |
| Total liabilities | $1,400 |
| Net assets or fund balances | $57,463 |
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