Edgewood Bay Association Inc
- Assets
- $165.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lakeview, AR
- Founding
- 03/1970
- Data as of
- 12/2021
- EIN
- 23-7045420
Organization Overview
Edgewood Bay Association Inc is located in Lakeview, AR. The organization was established in 1970. According to its NTEE Classification (C03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Edgewood Bay 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 12/2021, Edgewood Bay Association Inc generated $66.3k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 5.1% each year. All expenses for the organization totaled $58.0k during the year ending 12/2021. While expenses have increased by 5.0% per year over the past 5 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
2021
Describe the Organization's Program Activity:
Part 3
PROVIDING A COOPERATIVE WATER SYSTEM FOR ALL LOT OWNERS AND RESIDENTS OF EDGEWOOD BAY COMMUNITY. SERVICES 114 HOUSEHOLDS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kelly L Turner Water Supervisor | 5 | $13,200 | |
Judy Nevsimal Treasurer | 5 | $3,600 | |
Nancy Victorella Secretary | 2 | $0 | |
Rick Coffman President | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $62,967 |
| Membership dues | $0 |
| Investment income | $111 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $3,175 |
| Total Revenue | $66,253 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $16,800 |
| Professional fees and other payments to independent contractors | $4,900 |
| Occupancy, rent, utilities, and maintenance | $12,926 |
| Printing, publications, postage, and shipping | $289 |
| Other expenses | $23,041 |
| Total expenses | $57,956 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $56,964 |
| Other assets | $0 |
| Total assets | $165,179 |
| Total liabilities | $86,759 |
| Net assets or fund balances | $78,420 |
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