Drakes Island Improvement Association
- Assets
- $255.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Nashua, NH
- Founding
- Data as of
- 12/2023
- EIN
- 01-0242654
Organization Overview
Drakes Island Improvement Association is located in Nashua, NH.
For the year ending 12/2023, Drakes Island Improvement Association generated $77.0k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.1% each year. All expenses for the organization totaled $61.4k during the year ending 12/2023. While expenses have increased by 6.1% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
ASSOCIATION PROPERTY WAS MAINTAINED, RECREATIONALPROGRAMS AND ACTIVITIES WERE OFFERED TO BOTH ADULTS AND CHRILDREN
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kate Leuthy President | 1 | $0 | |
Molly Cullen V. President | 1 | $0 | |
Kristen Rosario V. President | 1 | $0 | |
Barbara Schwartz Secretary | 1 | $0 | |
Jess Ackerman Treasurer | 1 | $0 | |
Dede Mcquillan Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $22,564 |
| Membership dues | $29,305 |
| Investment income | $217 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $76,987 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $19,893 |
| Professional fees and other payments to independent contractors | $385 |
| Occupancy, rent, utilities, and maintenance | $11,696 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $29,416 |
| Total expenses | $61,390 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $168,912 |
| Other assets | $0 |
| Total assets | $255,228 |
| Total liabilities | $0 |
| Net assets or fund balances | $255,228 |