Bauneg Beg Lake Association Inc
- Assets
- $55.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- North Berwick, ME
- Founding
- 07/2013
- Data as of
- 12/2021
- EIN
- 01-0400845
Organization Overview
Bauneg Beg Lake Association Inc is located in North Berwick, ME. The organization was established in 2013. According to its NTEE Classification (C32) the organization is classified as: Water Resources, Wetlands Conservation & Management, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bauneg Beg Lake Association Inc 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, Bauneg Beg Lake Association Inc generated $14.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.6% each year. All expenses for the organization totaled $11.9k during the year ending 12/2021. While expenses have increased by 7.6% 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Renald Descoteaux Director | 6 | $0 | |
Anne Whitten Secretary | 4 | $0 | |
Lorraine Boston President | 6 | $0 | |
Thomas Lambert Director | 1 | $0 | |
Al Brearley Treasurer | 8 | $0 | |
Todd Goldenberg Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,570 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $48 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $7,857 |
| Other Revenue | $0 |
| Total Revenue | $14,475 |
| 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 | $255 |
| Occupancy, rent, utilities, and maintenance | $211 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $11,425 |
| Total expenses | $11,891 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $55,787 |
| Other assets | $0 |
| Total assets | $55,787 |
| Total liabilities | $0 |
| Net assets or fund balances | $55,787 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Coastal Rivers Conservation Trust Damariscotta, ME | $13,906,618 | $2,629,526 |
Maine Coast Fishermens Association Brunswick, ME | $1,658,455 | $1,744,192 |
Squam Lakes Association Holderness, NH | $9,739,864 | $1,722,976 |
Friends Of Casco Bay South Portland, ME | $2,926,094 | $1,343,610 |
Maine Rivers Yarmouth, ME | $267,446 | $665,121 |
Shallow River Properties Inc Washington St Conway, NH | $6,580,048 | $1,463,552 |
Midcoast Conservancy Edgecomb, ME | $14,271,594 | $1,144,535 |
Frenchman Bay Conservancy Hancock, ME | $6,160,152 | $1,838,771 |
Benevolent & Protective Order Of Elks Of The Usa Waterville, ME | $1,353,098 | $773,107 |
Squam Lakes Conservation Society Holderness, NH | $16,070,606 | $3,812,851 |
Lake Stewards Of Maine Auburn, ME | $737,517 | $581,322 |
Friends Of Cobbossee Watershed District East Winthrop, ME | $161,905 | $439,874 |