Clifton Improvement Association Inc
- Assets
- $201.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Marblehead, MA
- Founding
- 05/1993
- Data as of
- 12/2023
- EIN
- 04-3158093
Organization Overview
Clifton Improvement Association Inc is located in Marblehead, MA. The organization was established in 1993. According to its NTEE Classification (N32) the organization is classified as: Parks & Playgrounds, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Clifton Improvement Association Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Clifton Improvement Association Inc generated $79.4k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 2.7% each year. All expenses for the organization totaled $56.0k during the year ending 12/2023. While expenses have increased by 10.3% per year over the past 5 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
UPGRADE PARK EQUIPMENT (INCLUDING EDUCATIONAL SUN CIRCLE) PARK MAINTENANCE, PLUS SEAWALL, LANDSCAPING, AND INSURANCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kelly Upham President | 6 | $0 | |
Charya Peou VP | 3 | $0 | |
Sheryl Levenson 2nd VP | 3 | $0 | |
Krissy Sgambellone Treasurer | 6 | $0 | |
Roberta Chadis Secretary | 2 | $0 | |
Peter Bowen Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,383 |
| Total Program Service Revenue | $5,624 |
| Membership dues | $37,639 |
| Investment income | $34,723 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $79,369 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $9,417 |
| Professional fees and other payments to independent contractors | $28,036 |
| Occupancy, rent, utilities, and maintenance | $15,168 |
| Printing, publications, postage, and shipping | $3,404 |
| Other expenses | $0 |
| Total expenses | $56,025 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $195,859 |
| Other assets | $0 |
| Total assets | $201,159 |
| Total liabilities | $0 |
| Net assets or fund balances | $201,159 |