Kennebunkport Business Association
- Assets
- $36.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Kennebunkport, ME
- Founding
- 06/2001
- Data as of
- 09/2017
- EIN
- 01-0520510
Organization Overview
Kennebunkport Business Association is located in Kennebunkport, ME. The organization was established in 2001. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kennebunkport Business Association is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 09/2017, Kennebunkport Business Association generated $19.9k in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 0.9% each year. All expenses for the organization totaled $16.0k during the year ending 09/2017. While expenses have increased by 8.3% per year over the past 2 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 |
|---|---|---|---|
Ashley Padget President | 0 | $0 | |
David A Betses Past Preside | 0 | $0 | |
Debbie Maucieri Secretary | 0 | $0 | |
James Warwick Director | 0 | $0 | |
Michael Severance Director | 0 | $0 | |
Shiela Matthews-Bull Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,050 |
| Total Program Service Revenue | $0 |
| Membership dues | $28,670 |
| Investment income | $16 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$13,802 |
| Other Revenue | $0 |
| Total Revenue | $19,934 |
| 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 | $525 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $160 |
| Other expenses | $15,042 |
| Total expenses | $16,027 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $36,320 |
| Other assets | $0 |
| Total assets | $36,320 |
| Total liabilities | $19,360 |
| Net assets or fund balances | $16,960 |