Community Improvement Of Algoma Ltd
- Assets
- $83.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Algoma, WI
- Founding
- 02/1994
- Data as of
- 08/2023
- EIN
- 39-1729119
Organization Overview
Community Improvement Of Algoma Ltd is located in Algoma, WI. The organization was established in 1994. According to its NTEE Classification (C30) the organization is classified as: Natural Resources Conservation & Protection, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Community Improvement Of Algoma Ltd 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 08/2023, Community Improvement Of Algoma Ltd generated $26.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (10.9%) each year. All expenses for the organization totaled $22.0k during the year ending 08/2023. As we would expect to see with falling revenues, expenses have declined by (13.1%) per year over the past 8 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
PROMOTED COMMUNITY PRIDE, PRESERVATION, AND ECONOMIC GROWTH WITH DONATIONS TO LOCAL CHARITIES AND CIVIC GROUPS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paula Levy Chairman | 1 | $0 | |
Ann Schmitz Vice Chairman | 1 | $0 | |
Sue Hepp Secretary | 1 | $0 | |
Jan Dart Treasurer | 1 | $0 | |
Robert Kuhn Director | 1 | $0 | |
Craig Peterman Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,164 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $140 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $19,018 |
| Other Revenue | $0 |
| Total Revenue | $26,322 |
| 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 | $785 |
| Occupancy, rent, utilities, and maintenance | $296 |
| Printing, publications, postage, and shipping | $648 |
| Other expenses | $1,977 |
| Total expenses | $22,008 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $82,993 |
| Other assets | $0 |
| Total assets | $82,993 |
| Total liabilities | $0 |
| Net assets or fund balances | $82,993 |