Romark Corporation
- Assets
- $218.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Washington, DC
- Founding
- 11/1989
- Data as of
- 09/2023
- EIN
- 52-1614901
Organization Overview
Romark Corporation is located in Washington, DC. The organization was established in 1989. According to its NTEE Classification (F80) the organization is classified as: Mental Health Associations, under the broad grouping of Mental Health & Crisis Intervention and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Romark Corporation 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 09/2023, Romark Corporation generated $100.0k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $116.4k during the year ending 09/2023. 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
2023
Describe the Organization's Program Activity:
Part 3
ROMARK OPERATES A RENTAL HOUSING PROJECT UNDER SECTION 811 OF THE NATIONAL HOUSING ACT. THE PROJECT CONSISTS OF SIX UNITS LOCATED IN TAKOMA PARK, AND OPERATES UNDER THE NAME OF YOUTH IN TRANSITION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Maxine Harris Pres/secr/tre/ceo | 0.5 | $0 | |
Mark Smith Vice President | 0.5 | $0 | |
Marion Scotchmer Chief Operating Officer | 0.5 | $0 | |
Joseph Cullinan Chief Administrative Offic | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $100,008 |
| Membership dues | $0 |
| Investment income | $8 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $100,016 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $17,058 |
| Professional fees and other payments to independent contractors | $25,598 |
| Occupancy, rent, utilities, and maintenance | $43,582 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $30,137 |
| Total expenses | $116,375 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $70,772 |
| Other assets | $0 |
| Total assets | $218,177 |
| Total liabilities | $678,813 |
| Net assets or fund balances | -$460,636 |