Groton Community Transit Inc
- Assets
- $44.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Groton, SD
- Founding
- 02/2010
- EIN
- 27-1146095
Organization Overview
Groton Community Transit Inc is located in Groton, SD. The organization was established in 2010. 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. Groton Community Transit 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 undefined, Groton Community Transit Inc generated $28.3k 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 (16.7%) each year. All expenses for the organization totaled $9.9k during the year ending undefined. As we would expect to see with falling revenues, expenses have declined by (31.0%) 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
Describe the Organization's Program Activity:
Part 3
GROTON COMMUNITY TRANSIT INC. PROVIDED TRANSPORTATION FOR THE COMMUNITY OF GROTON BUSING PEOPLE FROM PLACE TO PLACE, INCLUDING MEDICAL, DOCTORS, AND HOSPITALS 20 MILES AWAY IN ABERDEEN, SD.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alfred Tastad Vice President | 0 | $0 | |
Sherry Koehler President | 0 | $0 | |
Arlis Doeden Treasurer | 32 | $0 | |
Steven R Smith Director | 0 | $0 | |
Richard Kolker Director | 0 | $0 | |
Lori Westby Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,086 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $10 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $5,461 |
| Other Revenue | $13,761 |
| Total Revenue | $28,318 |
| Statement of Expenses | |
|---|---|
| Total expenses | $9,930 |
| Balance Sheet | |
|---|---|
| Total assets | $44,859 |
| Total liabilities | $26,471 |
| Net assets or fund balances | $18,388 |