Networkpeninsula
- Assets
- $31.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Newport News, VA
- Founding
- 06/2008
- Data as of
- 12/2022
- EIN
- 26-1250149
Organization Overview
Networkpeninsula is located in Newport News, VA. The organization was established in 2008. According to its NTEE Classification (T50) the organization is classified as: Philanthropy, Charity & Voluntarism Promotion, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Networkpeninsula 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 12/2022, Networkpeninsula generated $105.8k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 6.4% each year. All expenses for the organization totaled $113.2k during the year ending 12/2022. While expenses have increased by 10.5% per year over the past 5 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Karen Dutro Recording Secretary/execut | 25 | $50,902 | |
Florence Santoro Treasurer | 1 | $0 | |
Ruthann Mcdermott President | 1 | $0 | |
Jacqueline Schlesinger Vice President | 1 | $0 | |
Bob Mckenna Officer | 1 | $0 | |
Sally Sheard Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $52,132 |
| Total Program Service Revenue | $53,537 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $161 |
| Total Revenue | $105,830 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $50,902 |
| Professional fees and other payments to independent contractors | $9,041 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $453 |
| Other expenses | $42,402 |
| Total expenses | $113,176 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $26,379 |
| Other assets | $0 |
| Total assets | $31,379 |
| Total liabilities | $5,011 |
| Net assets or fund balances | $26,368 |