NonprofitsSomerset Inc

Community Improvement & Capacity Building

Somerset Inc

SOMERSET, PA

Total revenue

$580K

Total expenses

$432K

Net assets

$1.2M

Grants received

$69K

9 grants

EIN

251721501

Tax year

2023

Mission

The mission of the organization is instituting a program of activities, which will provide technical assistance for the improvement and revitalization of the uptown somerset business district.

Financials

FY 2023

Revenue

Contributions & grants$447K
Program service revenue$110K
Investment income$23K
Other revenue
Total revenue$580K

Expenses

Grants paid
Salaries & benefits$114K
Fundraising$81K
Other expenses$317K
Total expenses$432K
Total assets$1.2M
Net assets$1.2M

People

12 listed

NameRoleCompensation

G HENRY COOK

MEMBER

Board

SARAH DEIST

MEMBER

Board

BRENDA FIKE

TREASURER

Board

ANDY GINDLESPERGER

MEMBER

Board

LEE HOFFMAN

CHAIRMAN

Board

KATIE KLEIN

MEMBER

Board

ADAM KOPP

VICE CHAIRMA

Board

JUSTIN KORNS

MEMBER

Board

JESPER NIELSEN

MEMBER

Board

MELANIE PAULMAN

SECRETARY

Board

MICHEAL RIGGS

MEMBER

Board

MADALYN WALKER

MEMBER

Board

Grants received

Showing 9 of 9

FromAmountPurposeYear
$2K
BETTER THE COMMUNITY
2023
$2K
CORPORATE DONATION
2023
$8K
TO SUPPORT THE KIWAN
2022
$1K
BETTER THE COMMUNITY
2022
$5K
General Support
2021
$3K
BETTER THE COMMUNITY
2021
$35K
EMERGENCY PRESERVATI
2020

Funded by

$69K from 5 funders · 9 grants · 2019–2023

Community Foundation Of Greater

$51K · 3 grants · 2020–2023

Donald & Linda Fetterolf Foundation

$7K · 3 grants · 2021–2023

Fraternal Order Of Eagles 1801

$6K · 1 grant · 2019

Riggs Family Foundation

$5K · 1 grant · 2021

Nisource Charitable Foundation

$2K · 1 grant · 2023

Details

EIN251721501
NTEE codeS20Z
Subsection03
Ruling date1995-02
Formed1993
Employees3
Volunteers200
SOMERSET INC — Mission, Financials & Grants Received | Grantivo