South Coast Business Alliance
- Assets
- $223.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- New Bedford, MA
- Founding
- 03/2008
- Data as of
- 06/2021
- EIN
- 20-5058834
Organization Overview
South Coast Business Alliance is located in New Bedford, MA. The organization was established in 2008. According to its NTEE Classification (S01) the organization is classified as: Alliances & Advocacy, 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. 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 06/2021, South Coast Business Alliance generated $45.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (13.6%) each year. All expenses for the organization totaled $49.1k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (9.6%) per year over the past 6 years. 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
2021
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 |
|---|---|---|---|
Douglas Glassman President | 8 | $0 | |
Renee Dufour Secretary | 8 | $0 | |
Andrew Rodriques Treasurer | 8 | $0 | |
Kevin Trahan Director | 1 | $0 | |
Rene P Moniz Vice President | 8 | $0 | |
Deborah Soares Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $40,734 |
| Membership dues | $0 |
| Investment income | $5,001 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $45,735 |
| 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 | $1,519 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $32,732 |
| Total expenses | $49,066 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $223,284 |
| Other assets | $0 |
| Total assets | $223,284 |
| Total liabilities | $0 |
| Net assets or fund balances | $223,284 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that South Coast Business Alliance has recieved totaling $2,500.
| Awarding Organization | Amount |
|---|---|
Carney Family Charitable Foundation Bridgewater, MA PURPOSE: COMMUNITY DEVELOPMENT | $2,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
United States Council For International Business New York, NY | $8,377,861 | $9,810,410 |
Long Island Board Of Realtors Inc West Babylon, NY | $32,824,680 | $7,922,994 |
German American Chamber Of Commerce Inc New York, NY | $3,820,432 | $6,890,973 |
Buffalo Niagara Convention & Vistors Bureau Inc Buffalo, NY | $3,394,435 | $6,164,269 |
Lake Placid Chamber Of Commerce Inc Lake Placid, NY | $4,857,333 | $6,938,582 |
Economic Development Council Of Western Massachusetts Inc Springfield, MA | $1,229,213 | $5,047,431 |
Independent Drivers Guild Inc Long Island City, NY | $5,104,857 | $7,835,962 |
World Trade Centers Association Inc New York, NY | $23,293,174 | $7,185,978 |
Building Contractors Association Inc New York, NY | $2,719,541 | $4,963,157 |
Pension Real Estate Association Hartford, CT | $6,735,705 | $4,410,849 |
Connecticut Association Of Realtors Inc East Hartford, CT | $9,376,383 | $5,792,556 |
Discover Long Island Inc Hauppauge, NY | $4,450,484 | $4,266,215 |