Ballston Spa Business And Professional Association Inc
- Assets
- $54.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Ballston Spa, NY
- Founding
- 02/1991
- Data as of
- 03/2022
- EIN
- 14-1677750
Organization Overview
Ballston Spa Business And Professional Association Inc is located in Ballston Spa, NY. The organization was established in 1991. According to its NTEE Classification (S03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ballston Spa Business And Professional Association Inc 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 03/2022, Ballston Spa Business And Professional Association Inc generated $64.2k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.6%) each year. All expenses for the organization totaled $67.7k during the year ending 03/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
MARKETING OF VILLAGE BUSINESSES; VILLAGE BEAUTIFICATION (BENCHES, PLANTS & FLOWERS); PRINTING/PUBLICATION OF BROCHURES. PROGRAMS PROMOTE BUSINESS ACTIVITY AND RECOGNITION, ATTRACT CUSTOMERS, AND ENHANCE VILLAGE APPEARANCE FOR THE BENEFIT OF HUNDREDS OF ESTABLISHMENTS AND THOUSANDS OF RESIDENTS IN THE VILLAGE OF BALLSTON SPA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sandy Hassfurter President | 4 | $0 | |
Mike Schaffer 2nd Vice Pres | 2 | $0 | |
Christine Kernochan Vice President | 2 | $0 | |
June Lane Treasurer | 4 | $0 | |
Michael Mendrick Secretary | 2 | $0 | |
Donna Dardaris Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $26,060 |
| Total Program Service Revenue | $15,396 |
| Membership dues | $25,593 |
| Investment income | $29 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$4,482 |
| Other Revenue | $0 |
| Total Revenue | $64,154 |
| 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 | $480 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $6,628 |
| Other expenses | $60,629 |
| Total expenses | $67,737 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $54,280 |
| Other assets | $0 |
| Total assets | $54,280 |
| Total liabilities | $24,947 |
| Net assets or fund balances | $29,333 |
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