Business Alliance Town Of Southampton Inc
- Assets
- $111.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Hampton Bays, NY
- Founding
- 04/1995
- Data as of
- 12/2019
- EIN
- 11-3236742
Organization Overview
Business Alliance Town Of Southampton Inc is located in Hampton Bays, NY. The organization was established in 1995. According to its NTEE Classification (W20) the organization is classified as: Government & Public Administration, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Business Alliance Town Of Southampton Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2019, Business Alliance Town Of Southampton Inc generated $20.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (16.7%) each year. All expenses for the organization totaled $28.4k during the year ending 12/2019. 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
2019
Describe the Organization's Program Activity:
Part 3
THE MISSION OF THE SOUTHAMPTON BUSINESS ALLIANCE IS TO PROMOTE AND ACHIEVE AN ACCEPTABLE BALANCE BETWEEN THE ENVIRONMENTAL, ECONOMIC AND SOCIAL NEEDS OF THE TOWN OF SOUTHAMPTON.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ann Lawall Director | 1 | $0 | |
Ellen Cea Director | 1 | $0 | |
Aram V Terchunian Director | 1 | $0 | |
Larry Hoffman President | 1 | $0 | |
Sheryl Heather Executive Dir. | 20 | $12,000 | |
Robert Strebel Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $19,500 |
| Investment income | $697 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $628 |
| Other Revenue | $0 |
| Total Revenue | $20,825 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $12,000 |
| Professional fees and other payments to independent contractors | $1,000 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $136 |
| Other expenses | $11,388 |
| Total expenses | $28,424 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $102,900 |
| Other assets | $0 |
| Total assets | $110,965 |
| Total liabilities | $0 |
| Net assets or fund balances | $110,965 |