The information for Green Island Community Associates is as of the organization's most recent filing in December 2018. This organization is located in Toms River, NJ. It has been in existence for 71 years, following its founding in 1947.
The IRS classifies organizations according to the National Taxonomy of Exempt Entities (NTEE) system. The NTEE system helps the IRS assign a 3-character code to each organization to describe the organization's activities.
The Green Island Community Associates' NTEE code is S22. The "S" tells us that the organization is classified along with Neighborhood & Block Associations. The "22" tells us that the organization is a Community Improvement & Capacity Building organization. The NTEE describes Community Improvement & Capacity Building organizations as those whose members are residents of a particular community or neighborhood who have joined together to remedy deficiencies in existing neighborhood conditions or to enhance conditions that are currently satisfactory.
Every organization is also governed by a specific section of the Internal Revenue Code. The most common type is a 501(c)(3) organization. However, there are actually 29 different types of organizations that are identified by the Internal Revenue Code. This organization happens to be a 501(c)(4) organization. The IRS describes these organizations as Civic Leagues, Social Welfare Organizations, and Local Associations of Employees.
Within the community activities program area, activities such as beach and clubhouse events are reported.
Green Island Community Associates has grown over the past four years; Total Revenue increased from $29.2K in 2015 to $51.6K in 2018. Program Service Revenue was not meaningful over this time period.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Carla Rosner Treasurer | 5 | $0 | |
Mary Jo Albondonza VP | 1 | $0 | |
Linda Wurtenburg President | 3 | $0 | |
Beth Guarino Second VP | 1 | $0 | |
Linda Lozito Secretary | 1 | $0 | |
Nancy Borzuk Sgt At Arms | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $3,059 |
Total Program Service Revenue | $0 |
Membership dues | $43,760 |
Investment income | $41 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $8,889 |
Other Revenue | $520 |
Total Revenue | $56,269 |
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 | $400 |
Occupancy, rent, utilities, and maintenance | $14,829 |
Printing, publications, postage, and shipping | $2,837 |
Other expenses | $5,376 |
Total expenses | $23,442 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $93,305 |
Other assets | $0 |
Total assets | $318,284 |
Total liabilities | $20,625 |
Net assets or fund balances | $297,659 |
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