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Nonprofiteer
← 100 GROTON PARKWAY INC

Form 990 for tax year 2022

Filed by 100 GROTON PARKWAY INC.

Totals

Total revenue
$539,131
Total expenses
$621,658
Contributions and grants received
$43,595
Grants paid
$300,000
Program service revenue
$496,383
Investment income
-$930
Other revenue
$83
Total assets, end of year
$2,656,825
Total liabilities, end of year
$202,448
Net assets or fund balances, end of year
$2,454,377
Program services expenses (Part IX)
$598,967
Management and general expenses
$22,691
Fundraising expenses
$0
Program service expenses (Part III)
$598,967

Program services were 96.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $43,595

  • 2a · Program service revenue: FACILITIES RENTAL

    total $435,183 · related or exempt $435,183

  • 2b · Program service revenue: VEHICLE RENTAL

    total $61,200 · related or exempt $61,200

  • 3 · Investment income

    total $11,915 · excluded $11,915

  • 7a · Gross sales of assets other than inventory

    securities $357,332

  • 7b · Less cost or other basis and sales expenses

    securities $370,177

  • 7c · Gain or loss

    securities -$12,845

  • 7d · Net gain or loss

    total -$12,845 · related or exempt -$12,845

  • 11a · Other revenue: MISCELLANEOUS

    total $83 · related or exempt $83

  • 11e · Other revenue, total

    $83

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $300,000 · program services $300,000

  • 11a · Fees: management

    total $11,397 · management and general $11,397

  • 11c · Fees: accounting

    total $3,000 · management and general $3,000

  • 11f · Fees: investment management

    total $6,013 · management and general $6,013

  • 11g · Fees: other

    total $257 · program services $257

  • 16 · Occupancy

    total $5,990 · program services $5,990

  • 20 · Interest

    total $12,060 · program services $12,060

  • 22 · Depreciation, depletion and amortization

    total $200,050 · program services $200,050

  • 23 · Insurance

    total $20,743 · program services $19,250 · management and general $1,493

  • 24a · Other expenses: REPAIRS AND MAINTENANCE

    total $61,360 · program services $61,360

  • 24b · Other expenses: TELEPHONE

    total $462 · management and general $462

  • 24c · Other expenses: MISCELLANEOUS

    total $326 · management and general $326

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $50

  • 2 · Savings and temporary cash investments

    beginning of year $121,688 · end of year $109,852

  • 9 · Prepaid expenses and deferred charges

    beginning of year $587 · end of year $587

  • 10a · Land, buildings and equipment: cost or other basis

    $6,203,159

  • 10b · Land, buildings and equipment: accumulated depreciation

    $4,311,201

  • 10c · Land, buildings and equipment, net

    beginning of year $2,041,951 · end of year $1,891,958

  • 11 · Investments: publicly traded securities

    beginning of year $589,829 · end of year $654,428

  • 17 · Accounts payable and accrued expenses

    beginning of year $3,214 · end of year $2,375

  • 23 · Secured mortgages and notes payable

    beginning of year $285,529 · end of year $200,073

  • 27 · Net assets without donor restrictions

    beginning of year $2,465,362 · end of year $2,454,377

Mission and programs · 2022

Mission

TO PROVIDE NON-RESIDENTIAL FACILITIES TO NOT-FOR-PROFIT ORGANIZATIONS AND TO ASSIST IN THE HABILITATIVE AND REHABILITATIVE DEVELOPMENT OF INDIVIDUALS WITH INTELLECTUAL/DEVELOPMENTAL DISABILITIES.

Activities or mission (Part I)

TO PROVIDE NON-RESIDENTIAL FACILITIES TO NOT-FOR-PROFIT ORGANIZATIONS AND TO ASSIST IN THE HABILITATIVE DEVELOPMENT OF INDIVIDUALS WITH INTELLECTUAL/DEVELOPMENTAL DISABILITIES.

  • FACILITIES PROGRAM- TO PROVIDE NON-RESIDENTIAL FACILITIES TO NOT-FOR-PROFIT ORGANIZATIONS.

    Expenses $206,243 · Revenue $422,421

  • SKILLS DEVELOPMENT- TO ASSIST IN THE HABILITATIVE AND REHABILITATIVE DEVELOPMENT OF INDIVIDUALS WITH INTELLECTUAL/DEVELOPMENT DISABILITIES.

    Expenses $392,724 · Grants $300,000 · Revenue $61,200

As filed on the 2022 return.

Listed in Part VII

  • Julie A Jones

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    1

  • Marie Vasile

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Richard Gianforti Jr

    SECRETARY/TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Ric Carley

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Jeffrey Davis

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

Provenance

Return type
form_990
Tax year
2022
Filed
14 May 2024
IRS schema version
2022v5.0
Source object
202421369349303102

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