Crosslands Residents Association
- Assets
- $143.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Kennett Square, PA
- Founding
- 05/1999
- Data as of
- 06/2022
- EIN
- 23-2275607
Organization Overview
Crosslands Residents Association is located in Kennett Square, PA. The organization was established in 1999. According to its NTEE Classification (N31) the organization is classified as: Community Recreational Centers, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Crosslands Residents Association is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 06/2022, Crosslands Residents Association generated $70.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.9% each year. All expenses for the organization totaled $68.3k during the year ending 06/2022. 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 ORGANIZATION SUPPORTS OVER 60 ACTIVITIES WITHIN THE CONTINUING CARE RETIREMENT COMMUNITY FOR THE BENEFIT OF THE RESIDENTS. ACTIVITIES INCLUDE CONCERTS, ART, CERAMICS, LECTURES,LIBRARY, COMPUTER LAB, NEWSLETTER AND MANY OTHERS. FUNDS ARE RAISED FROM THE RESIDENTS WITHIN THE COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sam Wagner President | 5 | $0 | |
David Camp First Vice President | 5 | $0 | |
Diane Hulse Second Vice President | 5 | $0 | |
Linda Helton Secretary | 5 | $0 | |
Jim Sharp Treasurer | 5 | $0 | |
Joan Applegate Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $47,054 |
| Total Program Service Revenue | $12,349 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $20 |
| Total Revenue | $70,425 |
| 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 | $2,606 |
| Occupancy, rent, utilities, and maintenance | $2,828 |
| Printing, publications, postage, and shipping | $139 |
| Other expenses | $62,758 |
| Total expenses | $68,331 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $132,021 |
| Other assets | $0 |
| Total assets | $143,601 |
| Total liabilities | $124 |
| Net assets or fund balances | $143,477 |
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