Oakland Mills Community Association Inc
- Assets
- $337.1k
- Revenue
- $512.7k
- Investments
- $0.0
- Employees
- 17
- Location
- Columbia, MD
- Founding
- 05/1975
- Data as of
- 04/2024
- EIN
- 23-7350490
Organization Overview
Oakland Mills Community Association Inc is located in Columbia, MD. The organization was established in 1975. 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. As of 04/2024, Oakland Mills Community Association Inc employed 17 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Oakland Mills Community 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 04/2024, Oakland Mills Community Association Inc generated $512.7k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (1.5%) each year. All expenses for the organization totaled $527.3k during the year ending 04/2024. As we would expect to see with falling revenues, expenses have declined by (0.8%) per year over the past 9 years. 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
A NON--PROFIT CIVIC ASSOCIATION WHOSE PURPOSE IS TO PROMOTE THE HEALTH, SAFETY, COMMON GOOD AND SOCIAL WELFARE OF COMMUNITY PROPERTY OWNERS AND TENANTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OAKLAND MILLS VILLAGE OVERSIGHT - PROGRAM EXPENSES FOR STAFFING, ADMIN, INSTRUCTORS FOR COMMUNITY ACTIVITES. COVENANT ADVISOR ENSURED COMPLIANCE AND BUILDING AND LANDSCAPING CODES. VILLAGE MANAGER KEPT COMMUNITY INFORMED AND INVOLVED WITH VILLAGE NEWSLETTERS AND COMMUNITY MEETINGS. VILLAGE CONSISTS OF 10,500 RESIDENTS LIVING IN HOMES, TOWNHOMES AND APARTMENTS.
ROOM BANQUET HALL RENTAL - MEETING AND BANQUET HALLS ARE AVAILABLE FOR RENT FOR BUSINESS AND SOCIAL EVENTS. EXPENSES INCLUDE THE SALARY OF THE FACILITY COODINATOR AS WELL AS THE CLEANING AND MAINTENANCE OF THE FACILITY. THERE WERE OVER 170 SOCIAL AND BUSINESS FUNCTIONS IN THE MEETING AND BANQUET ROOMS
SPECIAL EVENTS - INCOME AND EXPENSES INCURRED IN ADMINISTERING AND PROVIDING SPECIAL YEARLY AND SCHEDULED EVENTS FOR THE COMMUNITY. SPECIAL EVENTS ARE SEASONAL AND INCLUDE FESTIVALS, CONCERTS AND ACTIVITIES FOR CHILDREN AND FAMILIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary Brigitta Warren Village Manager | OfficerTrustee | 40 | $76,459 |
Sandy Cederbaum Village Manager | OfficerTrustee | 40 | $31,386 |
Jonathan Edelson Chair | OfficerTrustee | 2 | $0 |
Bill Mccormack Jr Vice Chair | OfficerTrustee | 2 | $0 |
Andrew Mark Fried Board Member | Trustee | 1 | $0 |
Paulette Pettiford-Thomas Board Member | Trustee | 1 | $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 | $355,571 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $355,571 |
| Total Program Service Revenue | $156,516 |
| Investment income | $598 |
| 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 | $512,685 |
| 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. | $107,845 |
| Compensation of current officers, directors, key employees. | $10,784 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $170,604 |
| Pension plan accruals and contributions | $9,264 |
| Other employee benefits | $20,259 |
| Payroll taxes | $23,517 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,943 |
| Fees for services: Accounting | $13,743 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $9,365 |
| Advertising and promotion | $9,360 |
| Office expenses | $4,878 |
| Information technology | $3,702 |
| Royalties | $0 |
| Occupancy | $98,686 |
| Travel | $532 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $600 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $10,188 |
| Insurance | $7,640 |
| All other expenses | $0 |
| Total functional expenses | $527,270 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $147,718 |
| Savings and temporary cash investments | $170,690 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $5,424 |
| 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 | $13,283 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $337,115 |
| Accounts payable and accrued expenses | $27,011 |
| Grants payable | $0 |
| Deferred revenue | $134,199 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| 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 | $26,674 |
| Total liabilities | $187,884 |
| Net assets without donor restrictions | $149,231 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| 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 | $337,115 |