Wellesley Neighbors Inc
- Assets
- $80.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Wellesley, MA
- Founding
- 11/2009
- Data as of
- 06/2024
- EIN
- 38-3801678
Organization Overview
Wellesley Neighbors Inc is located in Wellesley, MA. The organization was established in 2009. According to its NTEE Classification (E92) the organization is classified as: Home Health Care, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wellesley Neighbors 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 06/2024, Wellesley Neighbors Inc generated $50.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (3.2%) each year. All expenses for the organization totaled $47.7k during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by (3.0%) per year over the past 9 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
2024
Describe the Organization's Program Activity:
Part 3
SERVICES TO ENABLE INDIVIDUALS TO LIVE AT HOME RATHER THAN AT INSTITUTIONAL FACILITIES BY PROVIDING ACCESS TO SERVICES, SOCIAL SUPPORT, AND A SENSE OF COMMUNITY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Deborah M Cogill President | 1 | $0 | |
Gloria Rose Clerk | 1 | $0 | |
Richard Lansing Treasurer | 1 | $0 | |
Judith G Frommer Director | 1 | $0 | |
Carol A Kupperschmidt Director | 1 | $0 | |
Hank Solomon Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,750 |
| Total Program Service Revenue | $0 |
| Membership dues | $35,565 |
| Investment income | $2,843 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $1,389 |
| Total Revenue | $50,547 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $32,281 |
| Professional fees and other payments to independent contractors | $1,286 |
| Occupancy, rent, utilities, and maintenance | $642 |
| Printing, publications, postage, and shipping | $1,128 |
| Other expenses | $12,376 |
| Total expenses | $47,713 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $80,148 |
| Other assets | $0 |
| Total assets | $80,148 |
| Total liabilities | $131 |
| Net assets or fund balances | $80,017 |