Derby Community Association Incorporated
- Assets
- $351.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Derby, IN
- Founding
- 02/2018
- Data as of
- 12/2021
- EIN
- 35-1999738
Organization Overview
Derby Community Association Incorporated is located in Derby, IN. The organization was established in 2018. According to its NTEE Classification (S31) the organization is classified as: Urban & Community Economic 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. Derby Community Association Incorporated 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 12/2021, Derby Community Association Incorporated generated $47.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (8.8%) each year. All expenses for the organization totaled $28.6k during the year ending 12/2021. 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
2021
Describe the Organization's Program Activity:
Part 3
TO PROMOTE AND DEVELOP THE COMMUNITY OF DERBY, IN AND THE SURROUNDING AREA. TRYING TO PRESERVE AND PROTECT THE SCENIC, HISTORIC, NATURAL, RECREATIONAL, AND CULTURAL VALUES OF THE COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Alexander Board Member | 8 | $0 | |
Bill Goffinet Board Member | 8 | $0 | |
Mike Franchville Board Member | 8 | $0 | |
Michael Simon President | 8 | $0 | |
Steve Stemle Board Member | 8 | $0 | |
Josh Hippen Vice-President | 8 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $16,808 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $18,376 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $12,218 |
| Other Revenue | $0 |
| Total Revenue | $47,402 |
| 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 | $75 |
| Occupancy, rent, utilities, and maintenance | $5,415 |
| Printing, publications, postage, and shipping | $460 |
| Other expenses | $22,691 |
| Total expenses | $28,641 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $85,998 |
| Other assets | $0 |
| Total assets | $351,679 |
| Total liabilities | $6,235 |
| Net assets or fund balances | $345,444 |
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