Old Silver Beach Estates Homeowners Assn Inc
- Assets
- $90.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- N Falmouth, MA
- Founding
- 08/1990
- Data as of
- 12/2022
- EIN
- 04-2850725
Organization Overview
Old Silver Beach Estates Homeowners Assn Inc is located in N Falmouth, MA. The organization was established in 1990. 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. Old Silver Beach Estates Homeowners Assn 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, Old Silver Beach Estates Homeowners Assn Inc generated $79.9k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 8.7% each year. All expenses for the organization totaled $102.5k during the year ending 12/2022. While expenses have increased by 15.1% per year over the past 4 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 |
|---|---|---|---|
Kathy Ambrosini Secretary | 2 | $0 | |
Anne Maheras President | 2 | $0 | |
Dennis Lyons Treasurer | 3 | $0 | |
Nick Finamore Director | 1 | $0 | |
Ronda Seifer Wells Director | 2 | $0 | |
Peter Babigian Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $79,850 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $6 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $79,856 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $13,497 |
| Professional fees and other payments to independent contractors | $13,537 |
| Occupancy, rent, utilities, and maintenance | $52,477 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $22,996 |
| Total expenses | $102,507 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $61,630 |
| Other assets | $0 |
| Total assets | $90,430 |
| Total liabilities | $0 |
| Net assets or fund balances | $90,430 |