Newark Senior Center
- Assets
- $344.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 4
- Location
- Newark, IL
- Founding
- 12/1979
- Data as of
- 12/2021
- EIN
- 23-7444843
Organization Overview
Newark Senior Center is located in Newark, IL. The organization was established in 1979. According to its NTEE Classification (P81) the organization is classified as: Senior Centers, under the broad grouping of Human Services and related organizations. As of 12/2021, Newark Senior Center employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Newark Senior Center 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 12/2021, Newark Senior Center generated $163.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.4% each year. All expenses for the organization totaled $148.9k during the year ending 12/2021. 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 LOW RENT HOUSING TO SENIOR CITIZENS OF THE NEWARK AREA
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dave Johnson President | 5 | $0 | |
Bernie Boeger Vice President | 5 | $0 | |
Linda Lange Treasurer | 5 | $0 | |
Terry Benson Director | 40 | $0 | |
Sara Smith Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $41,716 |
| Total Program Service Revenue | $121,956 |
| Membership dues | $0 |
| Investment income | $27 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $163,699 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $42,675 |
| Professional fees and other payments to independent contractors | $2,665 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $103,525 |
| Total expenses | $148,865 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $118,611 |
| Other assets | $0 |
| Total assets | $344,650 |
| Total liabilities | $167,824 |
| Net assets or fund balances | $176,826 |
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