Fifty Niners Building Association Of North Quincy Inc
- Assets
- $141.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- North Quincy, MA
- Founding
- 04/1984
- Data as of
- 06/2021
- EIN
- 23-7323237
Organization Overview
Fifty Niners Building Association Of North Quincy Inc is located in North Quincy, MA. The organization was established in 1984. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, 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. Fifty Niners Building Association Of North Quincy Inc is a 501(c)(2) and as such, is described as a "Title Holding Corporation for an Exempt Organization" by the IRS.
For the year ending 06/2021, Fifty Niners Building Association Of North Quincy Inc generated $55.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (7.5%) each year. All expenses for the organization totaled $59.8k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (2.9%) per year over the past 6 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
2021
Describe the Organization's Program Activity:
Part 3
PROVIDE FACILITIES FOR THE GREATER QUINCY KNIGHTS OF COLUMBUS, LOCAL YOUTH AND CHARITABLE ORGANIZATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Patrick O'brien President | 2 | $0 | |
Joseph Lyons Director | 1 | $0 | |
John Fabello Clerk / Secr | 2 | $0 | |
Frank Sayers Treasurer | 2 | $0 | |
Duane Slattery Director | 1 | $0 | |
Joseph Donnelly Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $55,259 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $55,259 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $675 |
| Occupancy, rent, utilities, and maintenance | $42,103 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $17,070 |
| Total expenses | $59,848 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $120,979 |
| Other assets | $0 |
| Total assets | $140,979 |
| Total liabilities | $0 |
| Net assets or fund balances | $140,979 |
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