Inverness Community Association
- Assets
- -$4.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Palatine, IL
- Founding
- 02/1994
- EIN
- 36-3582060
Organization Overview
Inverness Community Association is located in Palatine, IL. The organization was established in 1994. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Inverness Community Association 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 undefined, Inverness Community Association generated $3.0 in total revenue. All expenses for the organization totaled $13.0 during the year ending undefined.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
Describe the Organization's Mission:
Part 3 - Line 1
THE PURPOSE OF THE ASSOCIATION IS TO IMPROVE, SERVE AND HELP THE COMMUNITY OF INVERNESS, ILLINOIS AND THE PROPERTY AND PERSONS THEREIN. THE FOURTH OF JULY CELEBRATION, THE NEWCOMERS FUNCTION, THE CHILDREN'S ACTIVITIES, AND THE COMMUNITY DIRECTORY, ALL SERVE THE CULTURAL, SOCIAL, SAFETY, AND RECREATIONAL INTERESTS OF THE COMMUNITY. THIS IS IN FURTHERANCE OF THE ORGANIZATION'S EXEMPT PURPOSE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMMUNITY FOURTH OF JULY CELEBRATION
INSURANCE AND OTHER
COMMUNITY ACTIVITIES, CONCERTS, CHILDREN'S EVENTS, NEWCOMERS FUNCTIONS, AND OTHER EVENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mindy Stoms President | Officer | 2 | $0 |
Randy Kral Treasurer | Officer | 2 | $0 |
Lisa Kowalenko Secretary | Officer | 2 | $0 |
Janet Vrasic Vice President | Officer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $3 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $3 |
| Statement of Expenses | |
|---|---|
| Total expenses | $13 |
| Balance Sheet | |
|---|---|
| Total assets | -$4,943 |
| Total liabilities | $0 |
| Net assets or fund balances | -$4,943 |