Mohawk Valley Institute For Learning In Retirement
- Assets
- $203.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Rome, NY
- Founding
- 05/2005
- Data as of
- 06/2024
- EIN
- 84-1629435
Organization Overview
Mohawk Valley Institute For Learning In Retirement is located in Rome, NY. The organization was established in 2005. According to its NTEE Classification (B60) the organization is classified as: Adult Education, 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. Mohawk Valley Institute For Learning In Retirement 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 06/2024, Mohawk Valley Institute For Learning In Retirement generated $151.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.6% each year. All expenses for the organization totaled $98.6k during the year ending 06/2024. While expenses have increased by 4.6% per year over the past 7 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
2024
Describe the Organization's Program Activity:
Part 3
WE OPERATED THREE ACADEMIC SEMESTERS: A FALL SEMESTER WITH 48 COURSES, A WINTER SEMESTER WITH 24 COURSES, A SPRING SEMESTER WITH 41 COURSES AND A NEW SUMMER SESSION WITH 5 COURSES. OVER THE COURSE OF THE YEAR, WE OFFERED 20 LECTURES THAT WERE OPEN TO THE PUBLIC AND THE MVCC COMMUNITY. MVILR TABLED AT UTICA JUNETEENTH, ROME JUNETEENTH AT BELLAMY HARBOR, COPPER CITY HEALTH FAIR, AND 50 FORWARD HEALTH FAIR MVILR ALSO SPONSORED TRICK-OR-TREAT-STREET PROGRAM, THE STUFF-THE-BUS CAMPAIGN, AND WE ORGANIZED THE SENIOR SHOWCASE AND HEALTH FAIR IN SEPTEMBER WITH 20 VENDORS WITH FOCUS ON SENIOR HEALTH NEEDS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Lowenstein 1st VP | 2 | $0 | |
Nancy Ketz President | 5 | $0 | |
Ann Falvey 2nd V.P. | 1 | $0 | |
Suzanne Delaire Board Member | 1 | $0 | |
Stephen Keyser Treasurer | 2 | $0 | |
Mary Earl Secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $90,997 |
| Total Program Service Revenue | $0 |
| Membership dues | $44,129 |
| Investment income | $13,298 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $2,861 |
| Total Revenue | $151,037 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $16,308 |
| Salaries, other compensation, and employee benefits | $53,452 |
| Professional fees and other payments to independent contractors | $2,366 |
| Occupancy, rent, utilities, and maintenance | $5,000 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $21,460 |
| Total expenses | $98,586 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $203,584 |
| Other assets | $0 |
| Total assets | $203,584 |
| Total liabilities | $0 |
| Net assets or fund balances | $203,584 |