Palaemon Inc

Organization Overview

Palaemon Inc is located in Barnstable, MA. The organization was established in 2010. According to its NTEE Classification (L40) the organization is classified as: Temporary Housing, under the broad grouping of Housing & Shelter and related organizations. As of 06/2022, Palaemon Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Palaemon 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 06/2022, Palaemon Inc generated $498.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.2% each year. All expenses for the organization totaled $503.7k during the year ending 06/2022. While expenses have increased by 4.6% per year over the past 7 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO EMPOWER YOUNG ADULTS WITH DEVELOPMENTAL LEARNING DISABILITIES TOWARDS AN INDEPENDENT LIFESTYLE BY PROVIDING A GROUP HOME WITH A STABLE ENVIRONMENT WITHIN WHICH TO DEVELOP THE SKILLS NEEDED TO ACCOMPLISH THEIR INDEPENDENCE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDE SAFE HOUSING FOR RESIDENTS SO THEY HAVE A STABLE NURTURING ENVIRONMENT TO LEARN AND DEVELOP THE NECESSARY SKILLS AND AWARENESS THAT WILL ENABLE THEM TO LIVE HEALTHY AND HAPPY INDEPENDENT LIVES.


TO TEACH PROPER NUTRITION AND EATING HABITS BY PROVIDING HEALTHY FOOD AND COOKING INSTRUCTION TO HELP SUSTAIN HEALTHY AND PRODUCTIVE LIVES FOR THE RESIDENTS.


PROVIDE SOCIAL INTERACTION AND PHYSICAL ACTIVITY TO RESIDENTS BY TAKING THEM ON FIELD TRIPS TO PARTICIPATE IN SPORTING EVENTS AND RECREATIONAL ACTIVITIES TO HELP DEVELOP SOCIAL SKILLS AND PHYSICAL FITNESS.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Board, Officers & Key Employees

Name (title)Compensation
Jennifer Maiocca
Director
$0
James R O'connell
Director
$0
Amy Carroll
Trustee/dire
$0
John C Cartwright
Clerk
$0
Brett Dubner
Director
$0
Dustin G Pineau
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$498,902
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $498,902

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Palaemon Inc has recieved totaling $30,000.

Awarding OrganizationAmount
The Nicholas And Marion Madonna Foundation

Osterville, MA

PURPOSE: GENERAL

$30,000
View Grant Recipient Profile

Create an account to unlock the data you need.

or