Banquet In Salem Inc
- Assets
- $137.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Salem, OH
- Founding
- 06/2005
- Data as of
- 12/2022
- EIN
- 42-1640785
Organization Overview
Banquet In Salem Inc is located in Salem, OH. The organization was established in 2005. According to its NTEE Classification (P60) the organization is classified as: Emergency Assistance, 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. Banquet In Salem 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 12/2022, Banquet In Salem Inc generated $92.8k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 18.0% each year . All expenses for the organization totaled $83.1k during the year ending 12/2022. While expenses have increased by 14.8% per year over the past 4 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
2022
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION SERVED OVER 14,000 HOT NUTRITIONAL MEALS DURING THE CALENDAR YEAR 2022. MEALS ARE SERVED EVERY MONDAY, THE FOURTH THURSDAY OF EACH MONTH AND ON SELECTED HOLIDAYS. IN 2021, MEALS WERE SERVED ON A DRIVE-UP AND CARRY-OUT BASIS DUE TO COVID RELATED RESTRICTIONS. IN 2022, BOTH DINE IN AND CARRY-OUFT MEALS WERE OFFERED. A "BACKPACK PROGRAM" HAS ALSO BEEN ESTABLISHED, PROVIDING A WEEKEND PACKAGE OF SNACKS FOR SALEM ELEMENTARY SCHOOL STUDENTS WHO WISH TO PARTICIPATE. THE "BACKPACK PROGRAM" WHICH WAS INACTIVE IN 2021 DUE TO COVID RELATED RESTRICTIONS, WAS REINSTATED IN 2022.
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) | Role | Hours | Compensation |
|---|---|---|---|
Beverly Henderson Director | 10 | $0 | |
Jim Stockton Director | 2 | $0 | |
Rebecca Pridemore Secretary | 2 | $0 | |
Steven Faber Director | 2 | $0 | |
Donna Dermotta Director | 5 | $0 | |
Steven Kastenhuber Treasurer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $90,524 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $2,311 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $92,835 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $1,700 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $7,500 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $73,888 |
| Total expenses | $83,088 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $137,636 |
| Other assets | $0 |
| Total assets | $137,636 |
| Total liabilities | $0 |
| Net assets or fund balances | $137,636 |