Summer Residents Association-Town Of Mount Desert Inc
- Assets
- $58.7k
- Revenue
- $10.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Northeast Harbor, ME
- Founding
- 11/2005
- Data as of
- 12/2022
- EIN
- 01-0457674
Organization Overview
Summer Residents Association-Town Of Mount Desert Inc is located in Northeast Harbor, ME. The organization was established in 2005. 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. Summer Residents Association-Town Of Mount Desert 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 12/2022, Summer Residents Association-Town Of Mount Desert Inc generated $10.6k in total revenue. All expenses for the organization totaled $9.8k during the year ending 12/2022.
Since 2020, Summer Residents Association-Town Of Mount Desert Inc has awarded 59 individual grants totaling $1,010,001. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE AN EFFECTIVE MEANS OF COMMUNICATION BETWEEN THE SUMMER RESIDENTS AND THE TOWN LEADERSHIP ON ISSUES THAT CONCERN THE CURRENT AND FUTURE WELL BEING OF THE TOWN OF MOUNT DESERT, ME. THE BOARD OF DIRECTORS OF THE ORGANIZATION SEEKS TO REPRESENT THE VIEWS OF THE SUMMER RESIDENTS AND TO KEEP THEM INFORMED OF, AND INVOLVED IN, THE TOWN PLANNING PROCESS ON CURRENT AND FUTURE ISSUES AND TO BE A CONSTRUCTIVE VOICE OF THE SUMMER RESIDENTS WITH THE TOWN GOVERNMENT, WORKING CLOSELY WITH THE TOWN LEADERS TO PRESERVE AND PROTECT THE UNIQUE CHARACTER, CULTURE, ENVIRONMENT, AND QUALITY OF LIFE OF THE TOWN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WE INCREASED OUR PRESENCE AS A VOICE/ BRIDGE TO OUR MEMBERS AND THE LOCAL GOVERNMENT, AND WE PROVIDED AN OPPORTUNITY TO MEET, DISCUSS LOCAL TOPICS. WE ADDED A FACEBOOK PAGE AND AN INSTAGRAM PAGE IN ADDITION TO OUR NEWSLETTERS AND WE WILL CONTINUE TO PROVIDE TIMELY UPDATES ON THE NEWS IN TOWN VIA THESE FORMATS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Perot Bissell Director | Trustee | 0.5 | $0 |
Cammie Disston Director | Trustee | 0.5 | $0 |
Whitney Drayton Director | Trustee | 0.5 | $0 |
Jim Green President | Trustee | 0.5 | $0 |
Will Hudson Director | Trustee | 0.5 | $0 |
Lillie Johnson Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $5,250 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,250 |
| Total Program Service Revenue | $4,875 |
| Investment income | $425 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $10,550 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| 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 | $950 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $7,200 |
| Advertising and promotion | $0 |
| Office expenses | $287 |
| Information technology | $0 |
| 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 | $1,358 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $9,795 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $26,590 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,475 |
| 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 | $0 |
| Investments—publicly traded securities | $30,622 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $58,687 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $58,687 |
| Net assets with donor restrictions | $0 |
| 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 | $58,687 |
Grants Awarded
Over the last fiscal year, Summer Residents Association-Town Of Mount Desert Inc has awarded $1,010,001 in support to 59 organizations.
| Grant Recipient | Amount |
|---|---|
123 MAIN STREET PURPOSE: DISASTER RELIEF | $22,720 |
ART ANGLE PURE MAINE LLC PURPOSE: DISASTER RELIEF | $11,069 |
ACADIA INSTITUTE OF OCEANOGRAPHY PURPOSE: DISASTER RELIEF | $30,036 |
ABELS LOBSTER POUND PURPOSE: DISASTER RELIEF | $23,720 |
ARTEMIS GALLERY PURPOSE: DISASTER RELIEF | $15,214 |
AT YOUR SERVICE PURPOSE: DISASTER RELIEF | $24,219 |