Breen Avenue Community Center Inc
- Assets
- $472.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Kingsford, MI
- Founding
- 11/2004
- Data as of
- 09/2024
- EIN
- 38-3141242
Organization Overview
Breen Avenue Community Center Inc is located in Kingsford, MI. The organization was established in 2004. According to its NTEE Classification (P81) the organization is classified as: Senior Centers, 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. Breen Avenue Community Center 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 09/2024, Breen Avenue Community Center Inc generated $63.3k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 5.1% each year. All expenses for the organization totaled $47.1k during the year ending 09/2024. While expenses have increased by 5.2% per year over the past 9 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
2024
Describe the Organization's Program Activity:
Part 3
PROVIDE A BUILDING WHERE SENIOR CITIZENS CAN GATHER FOR SOCIAL INTERACTION, SEEK OUT MEDICAL AND EDUCATIONAL OPPORTUNITIES, AND SUPPORT AREA BEAUTIFICATION PROJECTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Donna Peterson President | 5 | $0 | |
Marsha Deyoung Secretary | 5 | $0 | |
Susan Bjorkman Treasurer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $36,563 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $6,250 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $20,456 |
| Other Revenue | $0 |
| Total Revenue | $63,269 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,065 |
| Occupancy, rent, utilities, and maintenance | $30,961 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $15,120 |
| Total expenses | $47,146 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $313,873 |
| Other assets | $0 |
| Total assets | $472,007 |
| Total liabilities | $0 |
| Net assets or fund balances | $472,007 |