Reginald Wood Memorial Inc is located in Hammondsport, NY. The organization was established in 2010. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Reginald Wood Memorial 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, Reginald Wood Memorial Inc generated $22.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (3.4%) each year. All expenses for the organization totaled $14.9k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (6.1%) per year over the past 6 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
2022
Describe the Organization's Program Activity:
Part 3
TO PROVIDE BUILDING AND FACILITIES FOR USE BY THE LOCAL YOUTH GROUPS FOR EVENTS AND ACTIVITIES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
David Hill President | 2 | $0 | |
Robert Kleckner Vice President | 2 | $0 | |
Andrew Tompkins Treasurer | 2 | $0 | |
Kyle Bower Secretary | 2 | $0 | |
Stephen Veley II Director | 1 | $0 | |
Donna Colvin Director | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $17,100 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $5,317 |
Gain or Loss | $268 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $22,685 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $825 |
Occupancy, rent, utilities, and maintenance | $6,696 |
Printing, publications, postage, and shipping | $62 |
Other expenses | $7,333 |
Total expenses | $14,916 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $71,767 |
Other assets | $0 |
Total assets | $398,234 |
Total liabilities | $0 |
Net assets or fund balances | $398,234 |