Waterford Association Incorporated
- Assets
- $359.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Waterford, CT
- Founding
- 03/1988
- Data as of
- 12/2021
- EIN
- 06-0724637
Organization Overview
Waterford Association Incorporated is located in Waterford, CT. The organization was established in 1988. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, 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. Waterford Association Incorporated 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, Waterford Association Incorporated generated $137.3k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.1% each year . All expenses for the organization totaled $92.6k during the year ending 12/2021. While expenses have increased by 3.8% 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charles Benzyk President | 5 | $0 | |
Jon King Vice President | 3 | $0 | |
David Ferraguto President | 2 | $0 | |
Anne Darling Financial Sec'y | 2 | $0 | |
David Lewis Treasurer | 5 | $0 | |
Heather Toyen Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $136,402 |
| Investment income | $872 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $137,274 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $20,024 |
| Professional fees and other payments to independent contractors | $6,450 |
| Occupancy, rent, utilities, and maintenance | $8,652 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $57,222 |
| Total expenses | $92,648 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $209,084 |
| Other assets | $0 |
| Total assets | $359,084 |
| Total liabilities | $0 |
| Net assets or fund balances | $359,084 |
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