Kings Cove Neighborhood Association Inc is located in Atlantic City, NJ. The organization was established in 1992. 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. Kings Cove Neighborhood 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 02/2022, Kings Cove Neighborhood Association Inc generated $118.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.9% each year. All expenses for the organization totaled $129.4k during the year ending 02/2022. While expenses have increased by 2.1% per year over the past 7 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
2022
Describe the Organization's Program Activity:
Part 3
THE ASSOCIATION IS RESPONSIBLE FOR THE CONSERVATION, PRESERVATION AND ENHANCEMENT OF THE NEIGHBORHOOD. IT ENTERS INTO CONTRACTS FOR LANDSCAPING, ETC AND GENERAL MAINTENANCE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Donna Maurer President | 0 | $0 | |
Bill Michel Secretary | 0 | $0 | |
Ken Metzner Vice President | 0 | $0 | |
Carolyn Inhoffer Montes Treasurer | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $117,700 |
Investment income | $349 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $118,049 |
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 | $13,805 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $710 |
Other expenses | $114,920 |
Total expenses | $129,435 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $80,437 |
Other assets | $0 |
Total assets | $89,709 |
Total liabilities | $1,986 |
Net assets or fund balances | $87,723 |
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