Barrington Area Development Council Inc
- Assets
- $39.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Barrington, IL
- Founding
- 06/1968
- Data as of
- 12/2023
- EIN
- 36-6150162
Organization Overview
Barrington Area Development Council Inc is located in Barrington, IL. The organization was established in 1968. 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. Barrington Area Development Council 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 12/2023, Barrington Area Development Council Inc generated $50.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (11.7%) each year. All expenses for the organization totaled $28.5k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (18.0%) per year over the past 4 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
2023
Describe the Organization's Program Activity:
Part 3
THE BARRINGTON AREA DEVELOPMENT COUNCIL'S MISSION IS TO AID IN COMMUNITY PLANNING AND TO SPONSOR CIVIC POJECTS TO IMPROVE THE QUALITY OF LIFE AND PROMOTE THE DEVELOPMENT OF NEIGHBORHOODS AND COMMUNITIES IN THE BARRINGTON AREA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Harry Maccartney President | 2.25 | $0 | |
Penny Kazmier Vice Preside | 1.75 | $0 | |
Brian Battle Vice Preside | 1.25 | $0 | |
Sam Adams-Lanham Secretary | 1.25 | $0 | |
Michael Garcia Treasurer | 0.5 | $0 | |
Thomas Malia Treasurer | 2.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $50,421 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $50,421 |
| 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 | $550 |
| Occupancy, rent, utilities, and maintenance | $2,252 |
| Printing, publications, postage, and shipping | $230 |
| Other expenses | $25,486 |
| Total expenses | $28,518 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $38,970 |
| Other assets | $0 |
| Total assets | $38,970 |
| Total liabilities | $0 |
| Net assets or fund balances | $38,970 |
Grants Awarded
Over the last fiscal year, Barrington Area Development Council Inc has awarded $107,844 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
BARRINGTON CUSD 220 PURPOSE: TO PROVIDE HIGH SPEED INTERNET | $20,000 |
HOPE'S IN PURPOSE: TO BRING HOPE TO FAMILIES IN GUATEMALA CITY | $87,844 |