Greater Bandon By-The-Sea Corporation
- Assets
- $108.0k
- Revenue
- $238.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Bandon, OR
- Founding
- 04/2012
- Data as of
- 09/2023
- EIN
- 27-4116297
Organization Overview
Greater Bandon By-The-Sea Corporation is located in Bandon, OR. The organization was established in 2012. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, 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. Greater Bandon By-The-Sea Corporation 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 09/2023, Greater Bandon By-The-Sea Corporation generated $238.5k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.7% each year. All expenses for the organization totaled $232.3k during the year ending 09/2023. While expenses have increased by 9.8% 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE GREATER BANDON ASSOCIATION IS A CATALYTIC COMMUNITY BUILDING ORGANIZATION DEDICATED TO THE COMMUNITY AND ECONOMIC VITALIZATION OF THE GREATER BANDON AREA WITH A FOCUS ON PRESERVING AND BUILDING UPON ITS HISTORICAL ASSETS AND CULTURE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE GREATER BANDON ASSOCIATION IS A COMMUNITY BUILDING ORGANIZATION DEDICATED TO THEECONOMIC VITALIZATION OF THE BANDON AREA WHILE PRESERVING ITS HISTORICAL ASSETS ANDCULTURE. DURING THIS PAST YEAR IT ACCOMPLISHED THIS THROUGH A VARIETY OF PROMOTIONALEVENTS, THROUGH ADMINISTERING A DIRECT GRANT TO REVITALIZE ONE OF THE COMMUNITYS OLDESTSTRUCTURES AND BY ASSISTING FLEDGLING COMMUNITY ORGANIZATION TO GROW AND DELIVER VITALSERVICES TO MEET THE NEEDS OF OUR COMMUNITY.THE PROMOTIONAL EVENTS SPONSORED BY THE ORGANIZATION CREATED OPPORTUNITIES FOR VISITORSTO THE AREA AND RESIDENTS ALIKE TO EXPERIENCE WHAT THE BANDON COMMUNITY HAD TO OFFER.FOR NEW BUSINESSES, IT PROVIDED A CHANCE TO SHOW THE GOODS AND SERVICES THAT THEY HADAVAILABLE. FOR EXISTING BUSINESSES, IT WAS AN OPPORTUNITY TO RECONNECT AS WELL AS SHOWNEW PRODUCTS. AT THE SAME TIME, IT SIMPLY PROVIDED AN OPPORTUNITY TO RECONNECT WITH THENEIGHBORHOOD. THE PRIMARY REVITALIZATION WORK COMPLETED DURING THE YEAR WAS THE REPAIR, REJUVENATION,AND REPAINTING OF THE MASONIC BUILDING, ONE OF THE FOUR PROPERTIES IN BANDON INCLUDED ONTHE NATIONAL REGISTER OF HISTORIC PLACES. RESOURCES FOR THIS PROJECT CAME FROM THEOREGON STATE PARKS GRANT FOR OREGON MAIN STREET REVITALIZATION, THE CITY OF BANDONSURBAN RENEWAL FUNDS, AND CONTRIBUTIONS FROM GBA.THE GREATER BANDON ASSOCIATION ALSO SERVES AS THE FISCAL SPONSOR FOR NON-PROFIT ENTITIESTHAT SHARE OUR COMMUNITY BUILDING MISSION IN BANDON. EXAMPLES INCLUDE FRIENDS OFBANDON PARKS AND RECREATION, BANDONCARES AND BANDON INCLUSIVITY GROUP. THEACTIVITIES OF THESE GROUPS FURTHERED OUR OWN COMMUNITY DEVELOPMENT WORK.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Harv Schubothe Executive Director | OfficerTrustee | 30 | $33,600 |
Mary B Patrick Executive Director | Officer | 30 | $5,833 |
Tom Orsi Director | Trustee | 2 | $0 |
Josh Adamson Director | Trustee | 2 | $0 |
Jeremiah Dodrill Director | Trustee | 2 | $0 |
Sharron Schmidt Secretary | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $2,690 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $168,793 |
| All other contributions, gifts, grants, and similar amounts not included above | $50,243 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $221,726 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $16,779 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $238,505 |
| 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. | $39,433 |
| Compensation of current officers, directors, key employees. | $39,433 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $2,358 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,091 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $225 |
| Office expenses | $4,472 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $5,714 |
| Travel | $130 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,462 |
| All other expenses | $900 |
| Total functional expenses | $232,250 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $107,980 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $107,980 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $107,980 |
| 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 | $107,980 |