Dorset Business Association Inc
- Assets
- $2.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Park Rapids, MN
- Founding
- Data as of
- 12/2020
- EIN
- 41-1592910
Organization Overview
Dorset Business Association Inc is located in Park Rapids, MN.
For the year ending 12/2020, Dorset Business Association Inc generated $2.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (41.3%) each year. All expenses for the organization totaled $5.2k during the year ending 12/2020. 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
2020
Describe the Organization's Program Activity:
Part 3
ADVERTISING AND PROMOTIONAL EVENTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Kvitne President | 2 | $0 | |
Kathleen Schmidt Secretary | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $2,754 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $2,754 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $590 |
| Printing, publications, postage, and shipping | $665 |
| Other expenses | $3,920 |
| Total expenses | $5,175 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $2,272 |
| Other assets | $0 |
| Total assets | $2,272 |
| Total liabilities | $0 |
| Net assets or fund balances | $2,272 |
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