Prides Beach Association Inc
- Assets
- $153.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Prides Crossing, MA
- Founding
- 09/1961
- Data as of
- 12/2021
- EIN
- 04-6050214
Organization Overview
Prides Beach Association Inc is located in Prides Crossing, MA. The organization was established in 1961. 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. Prides Beach Association Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2021, Prides Beach Association Inc generated $104.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.4% each year. All expenses for the organization totaled $88.9k during the year ending 12/2021. While expenses have increased by 0.8% per year over the past 7 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
2021
Describe the Organization's Program Activity:
Part 3
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joe Reineman Treasurer | 1 | $0 | |
Anton Glovsky President | 1 | $0 | |
Joshua Anderson Officer | 1 | $0 | |
Margaret Mehm Secretary | 1 | $0 | |
Laurie Harding Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $103,600 |
| Investment income | $644 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $104,244 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $17,817 |
| Salaries, other compensation, and employee benefits | $5,460 |
| Professional fees and other payments to independent contractors | $3,425 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $62,227 |
| Total expenses | $88,929 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $142,817 |
| Other assets | $0 |
| Total assets | $153,717 |
| Total liabilities | $0 |
| Net assets or fund balances | $153,717 |
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