South Coast Business Alliance
- Assets
- $304.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Westport, MA
- Founding
- 03/2008
- Data as of
- 06/2024
- EIN
- 20-5058834
Organization Overview
South Coast Business Alliance is located in Westport, MA. The organization was established in 2008. According to its NTEE Classification (O12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. South Coast Business Alliance 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 06/2024, South Coast Business Alliance generated $169.6k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.5% each year. All expenses for the organization totaled $150.3k during the year ending 06/2024. While expenses have increased by 6.6% per year over the past 8 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
HELD A GOLF TOURNAMENT, AS WELL AS OKTOBERFESTTHE EVENTS OFFERED BUSINESS AND SOCIAL NETWORKING FOROVER 1,000 ATTENDEES AND RAISED FUNDS FOR CHARITY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christopher Resendes President | 2 | $0 | |
David Silveira Vice President | 2 | $0 | |
Chantel Souza Treasurer | 2 | $0 | |
Deborah Soares Director | 1 | $0 | |
Craig Correia Director | 1 | $0 | |
Christian Silveira Secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $165,668 |
| Membership dues | $450 |
| Investment income | $3,502 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $169,620 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $840 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $149,497 |
| Total expenses | $150,337 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $61,844 |
| Other assets | $0 |
| Total assets | $304,290 |
| Total liabilities | $0 |
| Net assets or fund balances | $304,290 |