Drakes Island Improvement Association
- Assets
- $231.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Nashua, NH
- Founding
- Data as of
- 12/2021
- EIN
- 01-0242654
Organization Overview
Drakes Island Improvement Association is located in Nashua, NH.
For the year ending 12/2021, Drakes Island Improvement Association generated $88.5k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 14.8% each year . All expenses for the organization totaled $59.2k during the year ending 12/2021. While expenses have increased by 8.3% per year over the past 4 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
2021
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 |
|---|---|---|---|
Molly Cullen V. President | 1 | $0 | |
Kate Leuthy President | 1 | $0 | |
Kristen Rosario V. President | 1 | $0 | |
Barbara Schwartz Secretary | 1 | $0 | |
Brook Seeley Director | 1 | $0 | |
Jess Ackerman Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $37,001 |
| Membership dues | $24,860 |
| Investment income | $24 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $88,463 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $19,394 |
| Professional fees and other payments to independent contractors | $832 |
| Occupancy, rent, utilities, and maintenance | $23,228 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $15,700 |
| Total expenses | $59,154 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $198,520 |
| Other assets | $0 |
| Total assets | $231,817 |
| Total liabilities | $0 |
| Net assets or fund balances | $231,817 |
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