Island Current Inc
- Assets
- $10.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- City Island, NY
- Founding
- 06/1992
- Data as of
- 03/2022
- EIN
- 23-7448754
Organization Overview
Island Current Inc is located in City Island, NY. The organization was established in 1992. According to its NTEE Classification (S21) the organization is classified as: Community Coalitions, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Island Current 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 03/2022, Island Current Inc generated $21.3k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (3.0%) each year. All expenses for the organization totaled $27.8k during the year ending 03/2022. As we would expect to see with falling revenues, expenses have declined by (0.7%) per year over the past 7 years. 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
CIRCULATE LOCAL MONTHLY NEWSPAPER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Karen R Nani Editor | 10 | $0 | |
Barbara Dolensek Copy News Editor | 5 | $0 | |
Marguerite Chadwick-Juner Art Director | 5 | $0 | |
Judith Rauh Business Manager | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $50 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $33,380 |
| Total Revenue | $21,315 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $4,427 |
| Other expenses | $23,405 |
| Total expenses | $27,832 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $10,275 |
| Other assets | $0 |
| Total assets | $10,275 |
| Total liabilities | $0 |
| Net assets or fund balances | $10,275 |
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