Ocean Point Colony Trust Inc

Organization Overview

Ocean Point Colony Trust Inc is located in East Boothbay, ME. The organization was established in 1972. According to its NTEE Classification (C11) the organization is classified as: Single Organization Support, under the broad grouping of Environment and related organizations. As of 12/2022, Ocean Point Colony Trust Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ocean Point Colony Trust Inc 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 12/2022, Ocean Point Colony Trust Inc generated $84.1k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 9.2% each year. All expenses for the organization totaled $99.0k during the year ending 12/2022. While expenses have increased by 13.5% per year over the past 8 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE ORGANIZATION IS DEDICATED TO THE RESPONSIBLE STEWARDSHIP OF PROPERTIES AND RESOURCES FOR PUBLIC USE AND CREATING PROGRAMS AND ACTIVITIES AT OCEAN POINT, MAINE FOR THE ENJOYMENT OF ALL.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE OCEAN POINT COLONY TRUST ("OPCT") IS DEDICATED TO THE RESPONSIBLE STEWARDSHIP OF PROPERTIES AND RESOURCES FOR PUBLIC USE AND CREATING PROGRAMS AND ACTIVITIES AT OCEAN POINT, MAINE FOR THE ENJOYMENT OF ALL. DURING THE YEAR ENDED DECEMBER 31, 2022 THE OPCT ALLOWED PUBLIC ACCESS TO ALL OF ITS PROPERTIES. PRESENTLY, THE OPCT PRESERVES AND MAINTAINS OVER 14 ACRES OF LAND, THE MAJORITY OF WHICH IS IN A "FOREVER WILD" STATE. INCLUDED IN ITS HOLDINGS ARE WOODLANDS, A PLAYGROUND, BALLFIELDS, TENNIS COURTS, A CASINO BUILDING, A BEACH AND PARKING AREA, AND 1000 FEET OF OCEAN FRONTAGE WHICH THE OPCT HAS PROTECTED FROM DEVELOPMENT. COUNTLESS THOUSANDS OF VISITORS TO THE BOOTHBAY REGION OF MAINE AS WELL AS LOCAL CITIZENRY ENJOY THESE PROPERTIES AT NO CHARGE. DURING THE YEAR THE OPCT CONTINUED ITS WOODLOT MANAGEMENT PROGRAM AND DEVELOPMENT OF A PLANNED TRAIL SYSTEM FOR HIKERS OF ALL AGES AND ABILITIES. IN ADDITION TO FULFILLING ITS PRIMARY MISSION OF RESPONSIBLE STEWARDSHIP, THE OPCT PROVIDED (A) ATHLETIC ACTIVITIES FOR YOUNG CHILDREN THROUGH TEENS INCLUDING SOCCER, SOFTBALL, VOLLEYBALL, TENNIS, CAPTURE THE FLAG AND KICKBALL, (B) TENNIS LESSONS FROM THE BEGINNER LEVEL TO THE INTERMEDIATE LEVEL, TENNIS CLINICS AND FIELDED A TENNIS TEAM, (C) ARTS AND CRAFTS WORKSHOPS FOR CHILDREN, (D) READING PROGRAMS, INCLUDING AN AFTERNOON STORY HOUR FOR CHILDREN AND A LENDING LIBRARY, (E) SOCIAL AND DINING ACTIVITIES FOR PEOPLE OF ALL AGES INCLUDING A CHICKEN BARBECUE, A PASTA DINNER, A LOBSTER BAKE, PANCAKE BREAKFASTS, BALL GAME COOKOUTS AND A ROAD RACE (F) ENCOURAGEMENT AND OPPORTUNITIES TO YOUNG PEOPLE TO PARTICIPATE IN ACTIVITIES THAT DEVELOP A SENSE OF CAMARADERIE AND VOLUNTEERISM SUCH AS FUND RAISING EVENTS FOR OTHER NON-PROFIT ORGANIZATIONS AND MAINTAINING THE OPCT'S PROPERTIES.


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Board, Officers & Key Employees

Name (title)Compensation
Barbara Klein
Treasurer
$0
Maryellen Bertrand
Secretary
$0
Barbara Slayton
Vice President
$0
Alex Hall
President
$0
Kelly Robbins
Trustee
$0
Susan Anderson
Trustee
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Knickerbocker Group Llc
Building Construction
$1,024,468
Maine Tennis & Track Llc
Tennis Court, Etc. Construction
$120,062
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$34,350
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$21,766
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$56,116
Total Program Service Revenue$12,800
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $7,950
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $7,191
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $84,057

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Ocean Point Colony Trust Inc has recieved totaling $270.

Awarding OrganizationAmount
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$270
View Grant Recipient Profile

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