Little Compton Village Improvement Society
- Assets
- $29.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Little Compton, RI
- Founding
- 03/1985
- Data as of
- 12/2020
- EIN
- 05-0276033
Organization Overview
Little Compton Village Improvement Society is located in Little Compton, RI. The organization was established in 1985. According to its NTEE Classification (L99) the organization is classified as: Housing & Shelter N.E.C., 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. Little Compton Village Improvement Society 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 12/2020, Little Compton Village Improvement Society generated $15.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (4.4%) each year. All expenses for the organization totaled $11.1k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (0.2%) per year over the past 6 years. 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
2020
Describe the Organization's Program Activity:
Part 3
SOCIAL GATHERINGS
SOCIAL GATHERINGS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mikel Folcarelli President | 5 | $0 | |
Lease Plimpton Vice President | 2 | $0 | |
Karen Carroll Secretary | 10 | $0 | |
David Peckham Treasurer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $15,210 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $2 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $15,212 |
| 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 | $225 |
| Occupancy, rent, utilities, and maintenance | $9,445 |
| Printing, publications, postage, and shipping | $567 |
| Other expenses | $887 |
| Total expenses | $11,124 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $29,089 |
| Other assets | $0 |
| Total assets | $29,089 |
| Total liabilities | $0 |
| Net assets or fund balances | $29,089 |
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