Bar Harbor Village Improvement Association is located in Bar Harbor, ME. The organization was established in 1996. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bar Harbor Village Improvement Association 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 07/2022, Bar Harbor Village Improvement Association generated $99.1k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 10.9% each year . All expenses for the organization totaled $28.2k during the year ending 07/2022. While expenses have increased by 16.2% per year over the past 6 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
MAINTAIN AND BEAUTIFY THE DEGREGORIE PARK
MAINTAIN AND BEAUTIFY THE GLEN MARY PARK
MAINTAIN AND BEAUTIFY THE HOWE MEMORIAL PARK
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Richard Cough President | 1 | $0 | |
Andrew Shea Vice Preside | 1 | $0 | |
Jonathan Nicholson Treasurer | 1 | $0 | |
Thomas Testa Director | 1 | $0 | |
Kim Swan Secretary | 1 | $0 | |
Paul Coston Director | 1 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $51,100 |
Interest on Savings | $147 |
Dividends & Interest | $30,419 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $16,886 |
Capital Gain Net Income | $0 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $570 |
Total Revenue | $99,122 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $276 |
Depreciation | $0 |
Occupancy | $5,926 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $15,024 |
Total operating and administrative expenses | $26,234 |
Contributions, gifts, grants paid | $2,000 |
Total expenses and disbursements | $28,234 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $351,696 |
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 | $0 |
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 | $0 |
Total assets | $940,848 |
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 |
Over the last fiscal year, Bar Harbor Village Improvement Association has awarded $3,500 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
Bar Harbor, ME PURPOSE: DONATION | $2,000 |
MDI HISTORICAL SOCIETY PURPOSE: DONATION | $1,500 |
Over the last fiscal year, we have identified 1 grants that Bar Harbor Village Improvement Association has recieved totaling $32,600.
Awarding Organization | Amount |
---|---|
Gladys F Oneil Charitable Tr Ellsworth, ME PURPOSE: GENERAL SUPPORT | $32,600 |
Organization Name | Assets | Revenue |
---|---|---|
York County Shelter Programs Inc Alfred, ME | $7,515,033 | $5,469,246 |
Our Katahdin Millinocket, ME | $1,421,809 | $1,815,951 |
Portland Housing Development Corporation Portland, ME | $5,328,711 | $2,757,076 |
Northern Aroostook Alternatives Inc Van Buren, ME | $1,275,126 | $1,273,850 |
Downtown Improvement District Inc Portland, ME | $317,810 | $1,068,998 |
Capital Regional Development Council Concord, NH | $14,984,194 | $977,983 |
Harbor House Community Service Center Southwest Harbor, ME | $2,151,335 | $1,095,406 |
Granite State Organizing Project Manchester, NH | $626,444 | $1,199,163 |
Southern Maine Finance Agency Biddeford, ME | $7,727,125 | $658,421 |
Belknap County Economic Development Council Inc Laconia, NH | $5,665,349 | $1,533,067 |
Kennebunkport Heritage Housing Trust 2 Kennebunkport, ME | $281,718 | $538,218 |
Lakes Region Association Tilton, NH | $267,945 | $618,094 |