Merion Community Association
- Assets
- $1.8m
- Revenue
- $417.0k
- Investments
- $1.7m
- Employees
- 0
- Location
- Merion Station, PA
- Founding
- 12/1950
- Data as of
- 12/2021
- EIN
- 23-1405634
Organization Overview
Merion Community Association is located in Merion Station, PA. The organization was established in 1950. 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. Merion Community Association is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Merion Community Association generated $417.0k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.1%) each year. All expenses for the organization totaled $349.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (7.4%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE A MEETING PLACE FOR VARIOUS LOWER MERION TOWNSHIPCOMMUNITY ORGANIZATIONS WHICH AFFECT THE INTERESTS OFRESIDENTS OF LOWER MERION TOWNSHIP.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Ettleson President | 1 | $0 | |
Philip Ivory Vice President | 1 | $0 | |
Mark Haslam Treasurer | 1 | $0 | |
Patricia Surbeck Secretary | 1 | $0 | |
William J Mclaughlin Board Member | 1 | $0 | |
Dr Robert Polishook Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $47,077 |
| Interest on Savings | $0 |
| Dividends & Interest | $37,558 |
| Net Rental Income | $275,211 |
| Net Gain on Sale of Assets | $56,245 |
| Capital Gain Net Income | $56,245 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $935 |
| Total Revenue | $417,026 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $112,584 |
| Pension plans, employee benefits | $3,750 |
| Interest | $7,773 |
| Taxes | $13,047 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $187,731 |
| Total operating and administrative expenses | $349,421 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $349,421 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $86,926 |
| Savings and temporary cash investments | $57,521 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $40,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,844,072 |
| Accounts payable and accrued expenses | $42,702 |
| Grants payable | $0 |
| Deferred revenue | $84,105 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $368,449 |
| Total liabilities | $495,256 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Neighborhood Association For Inter Cultural Affairs Inc Bronx, NY | $108,593,584 | $80,687,284 |
Lake Linganore Association Inc New Market, MD | $10,199,975 | $5,995,596 |
East Harlem Council For Community Improvement Inc New York, NY | $2,118,161 | $3,411,139 |
Warwick Valley Local Development Corporation Warwick, NY | $848,951 | $5,651,378 |
Radisson Community Association Inc Baldwinsville, NY | $3,036,076 | $2,758,047 |
Trustees Of New Castle Common New Castle, DE | $18,463,159 | $4,025,581 |
Laura E Price Briggs Estate 4042008-Te Pittsburgh, PA | $36,510,296 | $1,566,500 |
Hidden Valley Foundation Inc Hidden Valley, PA | $3,819,746 | $2,615,880 |
Hazelwood Initiative Inc Pittsburgh, PA | $12,916,299 | $2,940,670 |
Greater Cleveland Neighborhood Centers Association Cleveland, OH | $1,849,768 | $3,284,465 |
Community Housing Improvement Program Inc New York, NY | $2,216,727 | $1,575,020 |
Pennsylvania Apartment Association Bala Cynwyd, PA | $1,420,169 | $1,873,030 |