Sky Bryce Association Inc
- Assets
- $1.4m
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 16
- Location
- Basye, VA
- Founding
- 05/1974
- Data as of
- 06/2022
- EIN
- 23-7326439
Organization Overview
Sky Bryce Association Inc is located in Basye, VA. The organization was established in 1974. According to its NTEE Classification (L50) the organization is classified as: Homeowners & Tenants Associations, under the broad grouping of Housing & Shelter and related organizations. As of 06/2022, Sky Bryce Association Inc employed 16 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sky Bryce 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 06/2022, Sky Bryce Association Inc generated $1.3m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.5% each year. All expenses for the organization totaled $1.1m during the year ending 06/2022. While expenses have increased by 0.3% per year over the past 6 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROPERTY OWNERS ASSOCIATION. TO MAINTAIN ROADS AND PROMOTE COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ROAD SERVICES. REVENUES FROM ASSESSMENTS ARE NOT ALLOCATED TO SEPARATE ACTIVITIES.
PATROL SERVICES. REVENUES FROM ASSESSMENTS ARE NOT ALLOCATED TO SEPARATE ACTIVITIES.
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 |
|---|---|---|---|
Yale Feldman President | OfficerTrustee | 2 | $0 |
Debbie Gorman Vice President | OfficerTrustee | 2 | $0 |
Deborah Goddard Secretary | OfficerTrustee | 2 | $0 |
Paul Stevens Treasurer | OfficerTrustee | 2 | $0 |
Kathy Politis Board Member | Trustee | 2 | $0 |
John D Lavelle Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $1,216,590 |
| Investment income | $1,298 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,284,852 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $41,021 |
| Compensation of current officers, directors, key employees. | $41,021 |
| Compensation to disqualified persons | $370,820 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $20,103 |
| Other employee benefits | $64,528 |
| Payroll taxes | $31,964 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $106,422 |
| Fees for services: Accounting | $24,305 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,020 |
| Advertising and promotion | $0 |
| Office expenses | $26,976 |
| Information technology | $590 |
| Royalties | $0 |
| Occupancy | $47,651 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $20 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $70,892 |
| Insurance | $40,065 |
| All other expenses | $0 |
| Total functional expenses | $1,082,971 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $450,167 |
| Savings and temporary cash investments | $522,843 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $52,307 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $395,960 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,421,277 |
| Accounts payable and accrued expenses | $107,006 |
| Grants payable | $0 |
| Deferred revenue | $8,323 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $39,001 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $154,330 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $1,266,947 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,421,277 |