Form 990 for tax year 2023
Filed by ARMENIAN RELIEF SOCIETY OF EASTERN USA INC.
Totals
- Total revenue
- $929,976
- Total expenses
- $1,169,221
- Contributions and grants received
- $964,545
- Grants paid
- $874,824
- Program service revenue
- $0
- Investment income
- -$315,140
- Other revenue
- $280,571
- Total assets, end of year
- $7,110,036
- Total liabilities, end of year
- $29,216
- Net assets or fund balances, end of year
- $7,080,820
- Program services expenses (Part IX)
- $984,495
- Management and general expenses
- $179,418
- Fundraising expenses
- $5,308
- Program service expenses (Part III)
- $984,495
Program services were 84.2% 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
$964,545
-
3 · Investment income
total $333,264 · excluded $333,264
-
7a · Gross sales of assets other than inventory
securities $3,449,456
-
7b · Less cost or other basis and sales expenses
securities $4,097,860
-
7c · Gain or loss
securities -$648,404
-
7d · Net gain or loss
total -$648,404 · excluded -$648,404
-
8a · Fundraising events: gross income
$524,696
-
8b · Fundraising events: direct expenses
$244,125
-
8c · Net income from fundraising events
total $280,571 · excluded $280,571
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $810,074 · program services $810,074
-
2 · Grants to domestic individuals
total $64,750 · program services $64,750
-
5 · Compensation of officers, directors and key employees
total $59,248 · program services $28,873 · management and general $27,413 · fundraising $2,962
-
7 · Other salaries and wages
total $7,900 · program services $3,820 · management and general $3,685 · fundraising $395
-
10 · Payroll taxes
total $4,541 · program services $2,271 · management and general $2,043 · fundraising $227
-
11c · Fees: accounting
total $30,618 · management and general $30,618
-
11f · Fees: investment management
total $42,079 · management and general $42,079
-
11g · Fees: other
total $2,714 · management and general $2,714
-
13 · Office expenses
total $28,995 · program services $1,293 · management and general $27,573 · fundraising $129
-
16 · Occupancy
total $25,467 · program services $12,734 · management and general $11,460 · fundraising $1,273
-
17 · Travel
total $32,343 · program services $27,015 · management and general $5,328
-
19 · Conferences, conventions and meetings
total $19,531 · management and general $19,531
-
23 · Insurance
total $882 · management and general $882
-
24a · Other expenses: CENTRAL EXECUTIVE QUOTA
total $25,000 · program services $25,000
-
24b · Other expenses: PROGRAM SUPPLIES
total $8,987 · program services $8,665 · fundraising $322
-
24c · Other expenses: FILING FEES
total $3,856 · management and general $3,856
-
24d · Other expenses: MISCELLANEOUS
total $2,236 · management and general $2,236
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $446,220 · end of year $443,395
-
2 · Savings and temporary cash investments
beginning of year $307,452 · end of year $603,813
-
4 · Accounts receivable
beginning of year $300 · end of year $2,600
-
10a · Land, buildings and equipment: cost or other basis
$8,030
-
10b · Land, buildings and equipment: accumulated depreciation
$8,030
-
10c · Land, buildings and equipment, net
beginning of year $0 · end of year $0
-
11 · Investments: publicly traded securities
beginning of year $4,729,055 · end of year $4,839,039
-
12 · Investments: other securities
beginning of year $867,752 · end of year $1,221,189
-
17 · Accounts payable and accrued expenses
beginning of year $34,628 · end of year $29,216
-
27 · Net assets without donor restrictions
beginning of year $2,956,528 · end of year $3,276,419
-
28 · Net assets with donor restrictions
beginning of year $3,359,623 · end of year $3,804,401
Mission and programs · 2023
Mission
SERVES THE HUMANITARIAN NEEDS OF THE ARMENIAN PEOPLE AND SEEKS TO PRESERVE THE CULTURAL IDENTITY OF THE ARMENIAN NATION.
-
GENERAL ACTIVITIES PROMOTE SOCIAL, CULTURAL AND HEALTH SERVICES TO THEARMENIAN PEOPLE.A. ASSISTANCE FUND FOR SYRIAN-ARMENIAN SCHOOLS AND NEEDY COMMUNITY MEMBERS THROUGH HOT MEAL AND WARM HOME PROGRAMSB. LEBANON PROGRAM - HELP OUR COMPATRIOTS IN LEBANON WHO ARE FACINGECONOMIC CRISIS THROUGH HOPE PACKAGE, CARE SUPPORT AND HOT MEALPROGRAMS. THE ARS STANDS WITH LEBANON AND THE ARMENIAN COMMUNITY.
Expenses $830,979 · Grants $721,308
-
EDUCATIONAL ACTIVITES SUPPORT STUDENTS TO CONTINUE THEIR EDUCATION ANDPROVIDE FINANCIAL AID AND SCHOLARSHIPS.
Expenses $64,750 · Grants $64,750
-
ARMENIA ACTIVITES PROVIDE EMERGENCY RELIEF TO ARMENIA, ARTSAKH DISPLACED FAMILIES, AND JAVAKHK INCLUDING, BUT NOT LIMITED TO DAY CARE CENTERS, MOTHER AND CHILD CLINIC AND THE NIGOL AGHPALIAN SCHOOL AS WELL AS AID TO ORPHANAGES.
Expenses $88,766 · Grants $88,766
As filed on the 2023 return.
Listed in Part VII
-
Vartouhie ChiloyanVARTOUHIE CHILOYAN
EXECUTIVE DIRECTOR
- Total calculated
- $55,937
- From this org
- $55,937
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Caroline ChamavonianCAROLINE CHAMAVONIAN
CHAIRPERSON
- Total calculated
- $0
- Hours/week
- 10
-
Seda AghamianzSEDA AGHAMIANZ
VICE CHAIRPERSON (AS OF 10/23)
- Total calculated
- $0
- Hours/week
- 5
-
Talin DaghlianTALIN DAGHLIAN
VICE CHAIRPERSON (UNTIL 10/23)
- Total calculated
- $0
- Hours/week
- 5
-
Margaret Babikian MedinaMARGARET BABIKIAN MEDINA
TREASURER
- Total calculated
- $0
- Hours/week
- 5
-
Mary AndonianMARY ANDONIAN
SECRETARY (AS OF 10/23)
- Total calculated
- $0
- Hours/week
- 5
-
Carol JaffarianCAROL JAFFARIAN
SECRETARY (UNTIL 07/23)
- Total calculated
- $0
- Hours/week
- 5
-
Anoush BargamianANOUSH BARGAMIAN
ADVISOR
- Total calculated
- $0
- Hours/week
- 5
-
Tamitza DakissianTAMITZA DAKISSIAN
ADVISOR
- Total calculated
- $0
- Hours/week
- 5
-
Leiza BouroujianLEIZA BOUROUJIAN
ADVISOR
- Total calculated
- $0
- Hours/week
- 5
-
Irma KassabianIRMA KASSABIAN
ADVISOR (UNTIL 07/23)
- Total calculated
- $0
- Hours/week
- 5
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
-
$386,906
PROGRAM SUPPORT
-
PROGRAM SUPPORT
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 28 February 2025
- IRS schema version
- 2023v6.0
- Source object
- 202500629349301400
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