Ethiopian Edir Mutual Assistance Association In New York Inc
- Assets
- $282.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- New York, NY
- Founding
- 11/2007
- Data as of
- 12/2021
- EIN
- 30-0379922
Organization Overview
Ethiopian Edir Mutual Assistance Association In New York Inc is located in New York, NY. The organization was established in 2007. According to its NTEE Classification (Y22) the organization is classified as: Local Benevolent Life Insurance Associations, under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ethiopian Edir Mutual Assistance Association In New York Inc is a 501(c)(12) and as such, is described as a "Benevolent Life Insurance Association, Mutual Ditch or Irrigation Company, Mutual or Cooperative Telephone Company" by the IRS.
For the year ending 12/2021, Ethiopian Edir Mutual Assistance Association In New York Inc generated $91.7k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 6.7% each year. All expenses for the organization totaled $85.6k during the year ending 12/2021. While expenses have increased by 10.1% per year over the past 6 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
EEMAA IS EXEMPTED FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(12) OF THE INTERNAL REVENUE CODE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Solomon Kibriye Treasurer | 0 | $0 | |
Wondmagegne Mersha Chairman | 0 | $0 | |
Mohammed A Nurhusseia Vice Chairman | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $85,500 |
| Total Program Service Revenue | $0 |
| Membership dues | $5,975 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $203 |
| Total Revenue | $91,678 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $75,360 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $2,770 |
| Printing, publications, postage, and shipping | $317 |
| Other expenses | $7,142 |
| Total expenses | $85,589 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $152,975 |
| Other assets | $0 |
| Total assets | $281,963 |
| Total liabilities | $540 |
| Net assets or fund balances | $281,423 |
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|---|---|---|
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Ethiopian Edir Mutual Assistance Association In New York Inc New York, NY | $281,963 | $0 |
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