Paynesville Area Senior Center Inc
- Assets
- $318.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Paynesville, MN
- Founding
- 03/1995
- Data as of
- 05/2024
- EIN
- 41-1668700
Organization Overview
Paynesville Area Senior Center Inc is located in Paynesville, MN. The organization was established in 1995. 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. Paynesville Area Senior 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 05/2024, Paynesville Area Senior Center Inc generated $115.6k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 15.1% each year . All expenses for the organization totaled $72.0k during the year ending 05/2024. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sally Zumwalde Director | 21 | $22,382 | |
Joe Musel Vice Chairman | 1 | $0 | |
Sandra Smith Treasurer | 5 | $0 | |
Nancy Deadrick Secretary | 1 | $0 | |
Ron Mackedanz Board Chair | 2 | $0 | |
Inez Jones Financial Advisor | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $72,289 |
| Total Program Service Revenue | $16,700 |
| Membership dues | $6,619 |
| Investment income | $4,530 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $7,882 |
| Other Revenue | $7,548 |
| Total Revenue | $115,568 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $27,555 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $19,278 |
| Printing, publications, postage, and shipping | $330 |
| Other expenses | $24,869 |
| Total expenses | $72,032 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $163,779 |
| Other assets | $0 |
| Total assets | $318,108 |
| Total liabilities | $1,450 |
| Net assets or fund balances | $316,658 |