Mississippi Riverwood Associates Inc is located in Otsego, MN. The organization was established in 2002. According to its NTEE Classification (L50) the organization is classified as: Homeowners & Tenants Associations, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mississippi Riverwood Associates Inc 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 02/2022, Mississippi Riverwood Associates Inc generated $147.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.5% each year. All expenses for the organization totaled $200.6k during the year ending 02/2022. While expenses have increased by 1.4% per year over the past 7 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
0
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Marlyne Leary Treasurer | 5 | $0 | |
Peter Keffe Vice President | 2 | $0 | |
Gerilyn Pletsch Secretary | 2 | $0 | |
Gary Boline President | 2 | $0 | |
Bob Peterson Director | 1 | $0 | |
Tony Gauer Director | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $147,216 |
Investment income | $142 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $147,358 |
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 | $10,550 |
Occupancy, rent, utilities, and maintenance | $131,700 |
Printing, publications, postage, and shipping | $2,420 |
Other expenses | $55,962 |
Total expenses | $200,632 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $112,187 |
Other assets | $0 |
Total assets | $239,915 |
Total liabilities | $0 |
Net assets or fund balances | $239,915 |
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