Redington East Homeowners Association Inc
- Assets
- $38.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Carrabassett Valley, ME
- Founding
- 10/1995
- Data as of
- 09/2022
- EIN
- 01-0392895
Organization Overview
Redington East Homeowners Association Inc is located in Carrabassett Valley, ME. The organization was established in 1995. According to its NTEE Classification (L50) the organization is classified as: Homeowners & Tenants Associations, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Redington East Homeowners Association Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 09/2022, Redington East Homeowners Association Inc generated $108.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.1% each year. All expenses for the organization totaled $120.8k during the year ending 09/2022. While expenses have increased by 4.2% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
MAINTENANCE OF COMMON PROPERTY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sarah Pine Clerk | 0 | $5,682 | |
Joe Hines Director | 0 | $0 | |
Lisa Sleight Director | 0 | $0 | |
Mark Schwarz Director | 0 | $0 | |
John Reynolds President & | 0 | $0 | |
Christine Gregor Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $108,638 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $108,638 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $116,786 |
| Occupancy, rent, utilities, and maintenance | $338 |
| Printing, publications, postage, and shipping | $607 |
| Other expenses | $3,046 |
| Total expenses | $120,777 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $38,156 |
| Other assets | $0 |
| Total assets | $38,156 |
| Total liabilities | $0 |
| Net assets or fund balances | $38,156 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Roc Usa Llc Concord, NH | $163,263,242 | $13,007,393 |
Lake Arrowhead Community Inc North Waterboro, ME | $3,499,746 | $1,857,850 |
Maine Campground Owners New Southwick Assoc Auburn, ME | $476,816 | $359,645 |
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Island Falls Housing Corp Patten, ME | $492,631 | $256,666 |
Corinth Housing Corporation Stetson, ME | $555,880 | $229,208 |
Corinna Housing Corporation Corinna, ME | $1,115,071 | $250,805 |
Bradford Housing Corporation Bangor, ME | $1,266,149 | $190,595 |
New Hampshire Campground Owners Association Epsom, NH | $501,988 | $182,145 |
Mattanawcook Terrace Housing Corp Bangor, ME | $1,039,438 | $213,603 |
Norridgewock Housing Corp Norridgewock, ME | $462,590 | $198,951 |
Easton Housing Corporation Easton, ME | $246,896 | $0 |