Maspeth Town Hall Inc
- Assets
- $3.5m
- Revenue
- $7.9m
- Investments
- $0.0
- Employees
- 389
- Location
- Maspeth, NY
- Founding
- 01/1973
- Data as of
- 06/2022
- EIN
- 23-7259702
Organization Overview
Maspeth Town Hall Inc is located in Maspeth, NY. The organization was established in 1973. According to its NTEE Classification (P30) the organization is classified as: Children & Youth Services, under the broad grouping of Human Services and related organizations. As of 06/2022, Maspeth Town Hall Inc employed 389 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Maspeth Town Hall 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, Maspeth Town Hall Inc generated $7.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.3% each year. All expenses for the organization totaled $7.2m during the year ending 06/2022. While expenses have increased by 7.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE LEARNING EXPERIENCES FOR CHILDREN AND SENIOR CITIZENS UNDER THE AUSPICIES OF THE CITY OF NEW YORK AND TO PROVIDE EDUCATIONAL, RECREATIONAL PROGRAMS FOR LOCAL FAMILIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AFTERSCHOOL/CAMP -- MTH OFFERS AFTER SCHOOL PROGRAMS (HOMEWORK HELP, ACTIVITIES, ETC...) AT ELEVEN LOCATIONS WHICH TAKE PLACE FOLLOWING SCHOOL DISMISSAL. CHILDREN RECEIVE HOMEWORK HELP AND PARTICIPATE IN ENRICHMENT ACTIVITIES TO HELP SHAPE AND SUPPORT THEIR INTERESTS. IN ADDITION, MTH OFFERS THREE CAMPS THROUGHOUT THE YEAR WHEN SCHOOL IS NOT IN SESSION DURING WINTER, SPRING, AND SUMMER BREAK.(SOME CAMPS NOT OFFERED IN CURRENT YEAR DUE TO COVID-19).
OTHER PROGRAMS REPRESENTS THE REMAINDER OF MTH'S PROGRAMS. THESE PROGRAMS, INCLUDED BUT ARE NOT LIMITED TO: TEST AND TRACE (COVID-19 HEALTH LITERACY EDUCATION), TODDLER PROGRAM, SENIOR CITIZEN ACTIVITIES, AND VARIOUS OTHER PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eileen Reilly Executive Dir. | Officer | 60 | $188,000 |
Sean M Kearney Dir. Of Operations | 40 | $147,000 | |
Mary Casey Dir. Of Finance | 40 | $122,000 | |
Robert J Aiello President | OfficerTrustee | 4 | $0 |
Madeline Lafauce Vice President | OfficerTrustee | 4 | $0 |
Eileen Hagen Vice President | OfficerTrustee | 4 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
R & M Sports And Design Works Inc Printing & Embr. Apparel | 6/29/22 | $104,451 |
Musical Iq Llc Interactive Music Program | 6/29/22 | $137,300 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $7,450 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $6,769,898 |
| All other contributions, gifts, grants, and similar amounts not included above | $235,293 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,012,641 |
| Total Program Service Revenue | $816,737 |
| Investment income | $1,677 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $47,492 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,878,547 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $185,000 |
| Compensation of current officers, directors, key employees. | $5,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,621,107 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $64,569 |
| Payroll taxes | $377,710 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $124,356 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $60,155 |
| Advertising and promotion | $0 |
| Office expenses | $95,331 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $159,792 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $78,586 |
| Insurance | $313,346 |
| All other expenses | $0 |
| Total functional expenses | $7,162,502 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $654,580 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $2,363,453 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $10,409 |
| Net Land, buildings, and equipment | $449,898 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,478,340 |
| Accounts payable and accrued expenses | $398,426 |
| Grants payable | $0 |
| Deferred revenue | $963,270 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,361,696 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $449,898 |
| Retained earnings, endowment, accumulated income, or other funds | $1,666,746 |
| Total liabilities and net assets/fund balances | $3,478,340 |