The Castle Island Association Inc
- Assets
- $95.3k
- Revenue
- $26.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Braintree, MA
- Founding
- 06/1986
- Data as of
- 10/2023
- EIN
- 04-2921546
Organization Overview
The Castle Island Association Inc is located in Braintree, MA. The organization was established in 1986. According to its NTEE Classification (A80) the organization is classified as: Historical Organizations, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Castle Island 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 10/2023, Castle Island Association Inc generated $26.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (5.6%) each year. All expenses for the organization totaled $33.7k during the year ending 10/2023. As we would expect to see with falling revenues, expenses have declined by (11.8%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO ASSIST IN MAINTAINING FORT INDEPENDENCE ON CASTLE ISLAND.DURING SUMMER MONTHS, TOURS OF THE FORT ARE OFFERED WHICH SHARE THE FORT'S HISTORY. THE ASSOCIATION IS MADE UP ENTIRELY OF VOLUNTEERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PURCHASE FLAGS FOR DISPLAY AT THE FORT DURING TOURS. FLAGS DISPLAYED INCLUDE ALL FIFTY STATES, EACH BRANCH OF THE ARMED FORCES AND REPLICAS OF FLAGS USED DURING THE REVOLUTIONARY WAR.
PRINTING OF A NEWSLETTER MAILED TO MEMBERS OF THE ASSOCIATION. IT INCLUDES UPDATES OF ACTIVITIES, TRIPS AND PROGRAMS TAKING PLACE AT THE FORT FOR OUR MEMBERSHIP. IT ALSO PROVIDES SYNOPSIS OF THE ASSOCIATION'S MONTHLY MEETINGS FOR THE MEMBERS NOT IN ATTENDANCE. THE NEWSLETTER IS PUBLISHED QUARTERLY.
ON THE FOURTH WEEKEND OF OCTOBER THE ROOMS OF THE FORT ARE DECORATED AS A HALLOWEEN MAGICAL CASTLE. VISITORS ARE ABLE TO WALK THROUGH AND VIEW THE ROOMS. OTHER ACTIVITIES INCLUDE FACE PAINTING, STORY TELLING AND A MAGICIAN PROVIDED FOR THE ENJOYMENT OF OUR GUESTS. APPLE JUICE, COOKIES AND POPCORN ARE ALSO AVAILABLE FREE OF CHARGE. DUE TO THE COVID PANDEMIC, IT DIDN'T TAKE PLACE THIS YEAR.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William P Spain - President 170 Evergreen Ave Braintree, Ma 02184 | Trustee | 30 | $0 |
Patricia Reid - Vice President 657 East Sixth Street South Boston, Ma 02127 | Trustee | 8 | $0 |
John S Haugh - Treasurer 28 French Ave Braintree, Ma 02184 | Trustee | 8 | $0 |
Thomas Hale - Historian 50 Lind Street Quincy, Ma 02169 | Trustee | 8 | $0 |
Kim Giangregorio - Corresponding Se 150 Mediterranean Drive Weymouth, Ma 02188 | Trustee | 8 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $14,582 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $14,582 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $26,342 |
| 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 | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| 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 | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $33,715 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $95,295 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $95,295 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $3,073 |
| 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 | $3,073 |
| Net assets without donor restrictions | $92,222 |
| 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 | $95,295 |