Ocean Park Association
- Assets
- $3.7m
- Revenue
- $636.4k
- Investments
- $0.0
- Employees
- 25
- Location
- Ocean Park, ME
- Founding
- 09/1945
- Data as of
- 12/2021
- EIN
- 01-0223014
Organization Overview
Ocean Park Association is located in Ocean Park, ME. The organization was established in 1945. According to its NTEE Classification (S22) the organization is classified as: Neighborhood & Block Associations, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Ocean Park Association employed 25 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ocean Park 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 12/2021, Ocean Park Association generated $636.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.4% each year. All expenses for the organization totaled $571.5k during the year ending 12/2021. While expenses have increased by 2.9% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO CONDUCT A SUMMER ASSEMBLY IN THE CHAUTAUQUA TRADITION. THE PURPOSE OF THE OCEAN PARK ASSOCIATION IS TO AFFIRM THE TRADITIONS AND SPIRITUAL HERITAGE OF WHICH WE ARE HEIRS, THROUGH A SUMMER ASSEMBLY PROGRAM WHERE CHRISTIAN WORSHIP, PRINCIPLES AND IDEALS ARE AT THE FOCUS; WHERE DIVERSITY IS CELEBRATED AND DIGNITY OF ALL IS EMBRACED AND RESPECTED; WHERE THE NATURAL BEAUTY OF OUR SEASIDE RESORT IS CONSERVED AND ENHANCED; AND WHERE PROGRAMS CENTERED ON RELIGION, EDUCATION, RECREATION AND CULTURE PROVIDE OPPORTUNITIES FOR INDIVIDUAL GROWTH AND FAMILY ENRICHMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RELIGIOUS, CULTURAL, AND EDUCATIONAL ACTIVITIES: THE 2021 SUMMER SESSION INCLUDED THE FOLLOWING ACTIVITIES CONSISTENT WITH THE CHAUTAUQUA MODEL: WORSHIP SERVICES, BIBLE STUDY AND DISCUSSION, CHOIR, CONCERTS, CLASSES, PRESENTATIONS, FILM AND BOOK DISCUSSION GROUPS.
POST OFFICE: UNDER CONTRACT WITH THE UNITED STATES POSTAL SERVICE, YEAR- ROUND POSTAL SERVICES ARE PROVIDED TO THE OCEAN PARK COMMUNITY.
RECREATIONAL ACTIVITIES: THE 2021 SUMMER SESSION INCLUDED THE FOLLOWING ACTIVITIES CONSISTENT WITH THE CHAUTAUQUA MODEL: TENNIS, SHUFFLEBOARD, EXERCISE, YOUTH DROP-IN CENTER, AND YOUTH DANCES.
EDUCATIONAL BUREAU CONTRIBUTION FOR RENOVATIONS TO MAINTAIN PROGRAMMING IN OCEAN PARK.
RELIGIOUS, CULTURAL, AND EDUCATIONAL ACTIVITIES: THE 2021 SUMMER SESSION INCLUDED THE FOLLOWING ACTIVITIES CONSISTENT WITH THE CHAUTAUQUA MODEL: WORSHIP SERVICES, BIBLE STUDY AND DISCUSSION, CHOIR, CONCERTS, CLASSES, PRESENTATIONS, FILM AND BOOK DISCUSSION GROUPS.
POST OFFICE: UNDER CONTRACT WITH THE UNITED STATES POSTAL SERVICE, YEAR- ROUND POSTAL SERVICES ARE PROVIDED TO THE OCEAN PARK COMMUNITY.
RECREATIONAL ACTIVITIES: THE 2021 SUMMER SESSION INCLUDED THE FOLLOWING ACTIVITIES CONSISTENT WITH THE CHAUTAUQUA MODEL: TENNIS, SHUFFLEBOARD, EXERCISE, YOUTH DROP-IN CENTER, AND YOUTH DANCES.
EDUCATIONAL BUREAU CONTRIBUTION FOR RENOVATIONS TO MAINTAIN PROGRAMMING IN OCEAN PARK.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gerard Gosselin Executive Di | Officer | 40 | $86,740 |
Cynthia Benedict Vice Preside | OfficerTrustee | 2 | $0 |
Robert Drake President | OfficerTrustee | 2 | $0 |
Bill Holt Treasurer | OfficerTrustee | 2 | $0 |
Kathy Wade Secretary | OfficerTrustee | 2 | $0 |
Levon Akoghianian Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $85,650 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $217,759 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $303,409 |
| Total Program Service Revenue | $190,493 |
| Investment income | $23,397 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $71,237 |
| Net Gain/Loss on Asset Sales | $24,472 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $3,269 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $636,431 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $86,740 |
| Compensation of current officers, directors, key employees. | $43,370 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $216,670 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,150 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $4,234 |
| Fees for services: Other | $5,013 |
| Advertising and promotion | $0 |
| Office expenses | $43,491 |
| Information technology | $4,497 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $52 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $70,790 |
| Insurance | $16,990 |
| All other expenses | $20,464 |
| Total functional expenses | $571,523 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $127,766 |
| Savings and temporary cash investments | $110,000 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $2,090,730 |
| Investments—publicly traded securities | $1,414,684 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,743,180 |
| Accounts payable and accrued expenses | $33,342 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $33,342 |
| Net assets without donor restrictions | $2,836,964 |
| Net assets with donor restrictions | $872,874 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $3,743,180 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Ocean Park Association has recieved totaling $3,500.
| Awarding Organization | Amount |
|---|---|
Saco & Biddeford Savings Charitable Foundation Saco, ME PURPOSE: GENERAL OPERATING SUPPORT | $3,500 |
Endowment Analysis
| Beg. Balance | $1,268,644 |
| Earnings | $21,174 |
| Admin Expense | $4,234 |
| Net Contributions | $239,100 |
| Ending Balance | $1,524,684 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Fidelity Non-Profit Management Foundation Boston, MA | $2,237,901,889 | $256,876,248 |
The Bridgespan Group Inc Boston, MA | $174,186,501 | $94,948,133 |
Eastern Maine Development Corporation Bangor, ME | $11,518,769 | $64,676,194 |
Quincy Community Action Programs Inc Quincy, MA | $14,865,186 | $43,148,267 |
International Association Of Privacy Professionals Portsmouth, NH | $95,531,598 | $42,238,853 |
Community Crossroads Inc Atkinson, NH | $8,920,461 | $38,376,189 |
Community Concepts Incorporated Lewiston, ME | $17,184,569 | $32,664,997 |
Community Action Pioneer Valley Inc Greenfield, MA | $7,969,732 | $29,838,934 |
Citizens For Citizens Inc Fall River, MA | $12,279,316 | $29,399,731 |
New Profit Inc Boston, MA | $113,525,114 | $77,118,974 |
Northern Maine Development Commission Inc Caribou, ME | $20,810,299 | $32,269,814 |
Champlain Valley Office Of Economic Opportunity Inc Burlington, VT | $10,365,221 | $26,250,415 |