Sussex Shores Beach Association
- Assets
- $254.7k
- Revenue
- $298.1k
- Investments
- $0.0
- Employees
- 14
- Location
- Bethany Beach, DE
- Founding
- 10/1969
- Data as of
- 12/2021
- EIN
- 51-0101953
Organization Overview
Sussex Shores Beach Association is located in Bethany Beach, DE. The organization was established in 1969. According to its NTEE Classification (S03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Sussex Shores Beach Association employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sussex Shores Beach 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 12/2021, Sussex Shores Beach Association generated $298.1k in total revenue. All expenses for the organization totaled $232.3k during the year ending 12/2021. While expenses have increased by 147.9% per year over the past 6 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
OPERATION AND MAINTENANCE OF BEACH PROPERTY LOCATED IN BETHANY BEACH, DELAWARE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION AND MAINTENANCE OF COMMON PROPERTY LOCATED IN BETHANY BEACH, DELAWARE.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jim Gillespie Secretary | OfficerTrustee | 2 | $0 |
Stacy Murchison Treasurer | OfficerTrustee | 5 | $0 |
Xandy Waesche President | OfficerTrustee | 5 | $0 |
Artie Oberhofer Vice Preside | OfficerTrustee | 2 | $0 |
David Botzler Member At La | Trustee | 1 | $0 |
Hal Magruder Member At La | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $244,265 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $53,779 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $298,044 |
| Total Program Service Revenue | $0 |
| Investment income | $16 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $298,060 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $86,196 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $8,385 |
| Fees for services: Management | $11,162 |
| Fees for services: Legal | $4,335 |
| Fees for services: Accounting | $1,995 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $26,236 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $15,668 |
| All other expenses | $7,360 |
| Total functional expenses | $232,293 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $187,520 |
| Savings and temporary cash investments | $62,601 |
| Pledges and grants receivable | $116 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $4,491 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $254,728 |
| Accounts payable and accrued expenses | $832 |
| Grants payable | $0 |
| Deferred revenue | $323 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $404 |
| Total liabilities | $1,559 |
| Net assets without donor restrictions | $253,169 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $254,728 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ocean Pines Association Inc Berlin, MD | $44,855,857 | $18,056,839 |
Association For Iron And Steel Technology Warrendale, PA | $25,867,856 | $8,482,182 |
Maryland Association Of Certified Public Accountants Towson, MD | $5,874,281 | $4,922,234 |
Pennsylvania Municipal League Harrisburg, PA | $4,038,620 | $4,353,678 |
Associated Construction Contractors Of New Jersey Inc Edison, NJ | $3,469,293 | $3,847,695 |
Learning Undefeated Inc Gaithersburg, MD | $6,516,289 | $2,709,054 |
Metropolitan Marine Maintenance Contractors Association Inc Rutherford, NJ | $14,907,336 | $3,346,080 |
Pennsylvania Surplus Lines Association Exton, PA | $6,353,987 | $2,358,445 |
United Association Of Journeymen & Apprentices Of The Plumbing & Pipe Somerville, NJ | $1,726,738 | $1,604,910 |
Radburn Association Fair Lawn, NJ | $5,372,132 | $1,744,420 |
Society Of Professional Benefit Administrators Chevy Chase, MD | $2,782,402 | $1,913,779 |
Mechanical Contractors Association Of Metropolitan Washington Rockville, MD | $4,607,081 | $2,411,008 |