Somerset Area Ministries Inc
- Assets
- $82.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Somerset, PA
- Founding
- 06/2005
- Data as of
- 12/2023
- EIN
- 27-0071752
Organization Overview
Somerset Area Ministries Inc is located in Somerset, PA. The organization was established in 2005. According to its NTEE Classification (P52) the organization is classified as: Transportation Assistance, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Somerset Area Ministries 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 12/2023, Somerset Area Ministries Inc generated $63.3k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.0% each year. All expenses for the organization totaled $57.4k during the year ending 12/2023. While expenses have increased by 0.3% per year over the past 8 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 |
|---|---|---|---|
Rev Arnie Mcfarland Asst Treas | 5 | $0 | |
Stephen Zirkle President | 2 | $0 | |
Rev Charles Olson Jr Treasurer | 15 | $0 | |
Regina Holliday Secretary | 2 | $0 | |
David Mccall Vice Preside | 2 | $0 | |
Karen Benedict Employee | 20 | $8,011 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $62,381 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $915 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $63,296 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $9,971 |
| Professional fees and other payments to independent contractors | $775 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $85 |
| Other expenses | $46,598 |
| Total expenses | $57,429 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $73,433 |
| Other assets | $0 |
| Total assets | $82,500 |
| Total liabilities | $0 |
| Net assets or fund balances | $82,500 |