Venezuelan Association Of Massachusetts Inc
- Assets
- $6.7k
- Revenue
- $44.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Revere, MA
- Founding
- Data as of
- 01/2024
- EIN
- 83-2646991
Organization Overview
Venezuelan Association Of Massachusetts Inc is located in Revere, MA. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, 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. Venezuelan Association Of Massachusetts 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 01/2024, Venezuelan Association Of Massachusetts Inc generated $44.7k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 9.3% each year. All expenses for the organization totaled $62.9k during the year ending 01/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Venezuelan Association Of Massachusetts Inc has awarded 160 individual grants totaling $115,608. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3 - Line 4a
WE SENT HUMANITARIAN AID TO 25 DIFFERENT ORGANIZATIONS & INDIVIDUALS INSIDE VENEZUELA.
ASSISTANCE TO SEVERAL NEW VENEZUELAN MIGRANTS ARRIVING TO MASSACHUSETTS
PROMOTE VENEZUELAN CULTURAL VALUES EDUCATE & CREATE AWARENESS
SUPPORT AND ASSIST LOCAL RESIDENT VENEZUELANS WHO WERE IN A FINANCIAL HARDSHIP
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jose Viveiros Treasurer | 15 | $0 | |
Germania Galicia Clerk | 5 | $0 | |
Eileen Sanzonetti Clerk Assistant | 5 | $0 | |
Jose Viveiros Director | 15 | $0 | |
Germania Galicia Director | 5 | $0 | |
Eileen Sanzonetti Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $36,774 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $7,894 |
| Total Revenue | $44,668 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $202 |
| Printing and publications | $0 |
| Other expenses | $18,106 |
| Total operating and administrative expenses | $18,308 |
| Contributions, gifts, grants paid | $44,581 |
| Total expenses and disbursements | $62,889 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,677 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $1,876 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $181 |
| Total assets | $6,734 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Venezuelan Association Of Massachusetts Inc has awarded $44,581 in support to 72 organizations.
| Grant Recipient | Amount |
|---|---|
ANA VILLALOBOS PURPOSE: ASSISTANCE FOR HIS SON'S HEALTH. WE SENT $ 200 THROUGH ZELLE. | $200 |
CORAZON POR VENEZUELA PURPOSE: GENERAL DONATIONS: MEDICINE CLOTHES SHOES TOYS ETC | $1,494 |
DONNA VELAZQUEZ PURPOSE: ASSISTANCE FOR HER BABY. | $675 |
ANGEL BECERRA PURPOSE: DIAPERS | $100 |
LAS SIERVAS DEL SANTISIMO PURPOSE: DONATION OF TOYS FOR CHILDREN IN NEED. | $331 |
FLOR DE LA ESPERANZA PURPOSE: HUMANITARIAN ASSISTANCE | $330 |