Romark Corporation
- Assets
- $161.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Washington, DC
- Founding
- 11/1989
- Data as of
- 09/2021
- 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 09/2021, Romark Corporation generated $103.9k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.3% each year. All expenses for the organization totaled $112.9k during the year ending 09/2021. 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
2021
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 | $103,849 |
| Membership dues | $0 |
| Investment income | $10 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $103,859 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $15,672 |
| Professional fees and other payments to independent contractors | $9,441 |
| Occupancy, rent, utilities, and maintenance | $50,490 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $37,257 |
| Total expenses | $112,860 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $27,716 |
| Other assets | $0 |
| Total assets | $161,020 |
| Total liabilities | $624,102 |
| Net assets or fund balances | -$463,082 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
People Encouraging People Inc Baltimore, MD | $28,592,709 | $29,454,676 |
Nami National Arlington, VA | $50,401,603 | $31,878,029 |
Danville Pittsylvania Community Services Danville, VA | $25,318,887 | $21,720,230 |
Anchor Mental Health Association Washington, DC | $6,357,621 | $8,527,458 |
Everymind Inc Rockville, MD | $5,412,471 | $9,010,636 |
Mental Health America Inc Alexandria, VA | $14,195,480 | $10,108,066 |
American Psychological Association Inc Washington, DC | $39,885,530 | $8,816,658 |
American Psychiatric Nurses Association Falls Church, VA | $6,382,736 | $5,149,190 |
Mental Health Assoc Of Frederck Cty Frederick, MD | $4,611,054 | $5,107,669 |
Mental Health Association Of Maryland Inc Lutherville, MD | $9,006,036 | $2,320,782 |
Treatment Advocacy Center Arlington, VA | $1,970,585 | $2,479,377 |
The Womens Initiative Charlottesville, VA | $1,529,066 | $2,116,717 |