Corlear Bay Property Owners Assoc
- Assets
- $74.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Keeseville, NY
- Founding
- 09/1949
- Data as of
- 04/2024
- EIN
- 13-5627567
Organization Overview
Corlear Bay Property Owners Assoc is located in Keeseville, NY. The organization was established in 1949. According to its NTEE Classification (L50) the organization is classified as: Homeowners & Tenants Associations, 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. Corlear Bay Property Owners Assoc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 04/2024, Corlear Bay Property Owners Assoc generated $113.3k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 5.7% each year. All expenses for the organization totaled $117.1k during the year ending 04/2024. While expenses have increased by 7.7% per year over the past 4 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
2024
Describe the Organization's Program Activity:
Part 3
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jacqueline Blake President Board Of Directors | 5 | $0 | |
John Hoch Treasurer | 7 | $0 | |
Gil Meeker Secretary | 2 | $0 | |
Mark Fuller Caretaker | 40 | $39,375 | |
Todd Townsend Vice President | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $112,955 |
| Investment income | $1 |
| Gain or Loss | $358 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $113,314 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $54,865 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $62,227 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $117,092 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $74,251 |
| Other assets | $0 |
| Total assets | $74,251 |
| Total liabilities | $0 |
| Net assets or fund balances | $74,251 |