Colony Pines Residents Association
- Assets
- $216.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Newport News, VA
- Founding
- 10/2009
- Data as of
- 12/2021
- EIN
- 20-8172273
Organization Overview
Colony Pines Residents Association is located in Newport News, VA. The organization was established in 2009. According to its NTEE Classification (S22) the organization is classified as: Neighborhood & Block 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. Colony Pines Residents Association 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 12/2021, Colony Pines Residents Association generated $1.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (11.0%) each year. All expenses for the organization totaled $3.1k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (9.6%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charles E Clark President | 6 | $0 | |
Claudia Clark Treasurer | 4 | $0 | |
Carol Mcdonald Assistant Secretary | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $1,137 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $482 |
| Total Revenue | $1,619 |
| 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 | $740 |
| Printing, publications, postage, and shipping | $331 |
| Other expenses | $1,990 |
| Total expenses | $3,061 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $191,194 |
| Other assets | $0 |
| Total assets | $216,739 |
| Total liabilities | $0 |
| Net assets or fund balances | $216,739 |
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