Alton Shores Association Inc
- Assets
- $176.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Alton Bay, NH
- Founding
- 04/1982
- Data as of
- 12/2023
- EIN
- 02-0361079
Organization Overview
Alton Shores Association Inc is located in Alton Bay, NH. The organization was established in 1982. 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. Alton Shores 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 12/2023, Alton Shores Association Inc generated $73.0k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 6.7% each year. All expenses for the organization totaled $37.3k during the year ending 12/2023. While expenses have increased by 1.8% per year over the past 9 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
2023
Describe the Organization's Program Activity:
Part 3
CONDOMINIUM ASSOCIATION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cherie Dennard Secretary | 4 | $0 | |
Barbara Shea President | 4 | $0 | |
Diane Malburne Treasurer | 17 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $72,937 |
| Investment income | $66 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $73,003 |
| 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 | $6,276 |
| Occupancy, rent, utilities, and maintenance | $28,479 |
| Printing, publications, postage, and shipping | $841 |
| Other expenses | $1,733 |
| Total expenses | $37,329 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $138,013 |
| Other assets | $0 |
| Total assets | $176,835 |
| Total liabilities | $3,500 |
| Net assets or fund balances | $173,335 |