Anchorage Residents Association Inc

Organization Overview

Anchorage Residents Association Inc is located in New Rochelle, NY. The organization was established in 1970. As of 12/2020, Anchorage Residents Association Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Anchorage Residents 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 12/2020, Anchorage Residents Association Inc generated $56.1k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.8% each year. All expenses for the organization totaled $56.2k during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

THE ASSOCIATION HAS DILIGENTLY MAINTAINED IN GOOD ORDER ALL OF THE COMMON PROPERTIES IN ACCORDANCE WITH THE BYLAWS, AT A COST ACCEPTED BY THE HOMEOWNERS AT THE ANNUAL MEETING, AND HAS INVOICED, COLLECTED AND MAINTAINED RECORDS OF ITS REVENUES AND EXPENSES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THIS ASSOCIATION HAS MAINTAINED IN GOOD ORDER THE COMMON POOL, RECREATIONAL, AND MARINA FACILITIES FOR THE 33 ANCHORAGE HOMES. THE LARGEST EXPENSES ARE POOL, INSURANCE AND LIFEGUARD PAYROLL.


THIS ASSOCIATION HAS MAINTAINED IN GOOD ORDER THE COMMON POOL, RECREATIONAL, AND MARINA FACILITIES FOR THE 33 ANCHORAGE HOMES. THE LARGEST EXPENSES ARE POOL, INSURANCE AND LIFEGUARD PAYROLL.


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Board, Officers & Key Employees

Name (title)Compensation
Albert Burchman
President
$0
Steve Alexiou
Vice President
$0
Tom Martin
Treasurer
$0
Anna Magnoli
Secretary
$0
Erich Hoffman
Director
$0
Peter Paulos
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$56,067
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $56,067

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