Boston-Saranac Historical Society
- Assets
- $667.1k
- Revenue
- $81.5k
- Investments
- $212.0k
- Employees
- 0
- Location
- Saranac, MI
- Founding
- 04/1993
- Data as of
- 12/2023
- EIN
- 38-2807742
Organization Overview
Boston-Saranac Historical Society is located in Saranac, MI. The organization was established in 1993. According to its NTEE Classification (A82) the organization is classified as: Historical Societies & Historic Preservation, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Boston-Saranac Historical Society 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, Boston-Saranac Historical Society generated $81.5k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 20.1% each year . All expenses for the organization totaled $77.4k during the year ending 12/2023. While expenses have increased by 29.0% 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE PROGRAMS FOR SCHOOL AGE CHILDREN THAT PRESENTS HISTORICAL EVENTS DURING THE SETTLING AND DEVELOPMENT OF BOSTON TOWNSHIP AND THE VILLAGE OF SARANAC
MAINTAINS COLLECTIONS OF HISTORICAL ARTIFACTS AND PRESERVES AND CATALOGS THE SIGNIFICANT HISTORICAL FURNITURE EQUIPMENT AND CLOTHES
OPENS THE HISTORICAL MUSEUM ON A REGULAR SCHEDULE SO THAT RESIDENTS OF IONIA COUNTY AND SURROUNDING AREAS CAN VIEW THE ARTIFACTS AND EQUIPMENT USED IN A FORMER ERA
SPONSORS HOLIDAY CRAFT SALES EVENT PRIOR TO THE HOLIDAYS TO ALLOW INDIVIDUALS AND COMMUNITY GROUPS TO SELL THEIR PRODUCTS AND INFORM THE PUBLIC ABOUT THEIR ORGANIZATIONS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dean Gage President | 2 | $0 | |
Rich Raison Vicepresident | 1 | $0 | |
Nancy Zeran Secretary | 1.5 | $0 | |
Sandie Sage Corresponding Secretar | 1 | $0 | |
Bradley Potter Treasurer | 2 | $0 | |
Marilyn Cahoon Newsletter Advisor | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $25,530 |
| Interest on Savings | $2,999 |
| Dividends & Interest | $5,976 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $2,773 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $47,009 |
| Total Revenue | $81,514 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $196 |
| Depreciation | $8,116 |
| Occupancy | $26,741 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $7,734 |
| Other expenses | $34,059 |
| Total operating and administrative expenses | $77,374 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $77,374 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,306 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $5,584 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $440,190 |
| Other assets | $0 |
| Total assets | $667,097 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $2,637 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $2,637 |