Olney Mill Community Association Inc
- Assets
- $282.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Olney, MD
- Founding
- 06/1971
- Data as of
- 12/2023
- EIN
- 52-0904353
Organization Overview
Olney Mill Community Association Inc is located in Olney, MD. The organization was established in 1971. According to its NTEE Classification (S22) the organization is classified as: Neighborhood & Block Associations, 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. Olney Mill Community Association 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 12/2023, Olney Mill Community Association Inc generated $83.3k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.0% each year. All expenses for the organization totaled $70.0k during the year ending 12/2023. While expenses have increased by 1.8% per year over the past 8 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dominique D'anna President | 6 | $0 | |
Brian Smith Vice President | 2 | $0 | |
Stacy Van Dyken Secretary | 2 | $0 | |
Matthew Dillon Trustee | 2 | $0 | |
Ryan Taylor Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $72,450 |
| Investment income | $4,251 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $6,619 |
| Total Revenue | $83,320 |
| 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 | $13,437 |
| Occupancy, rent, utilities, and maintenance | $13,053 |
| Printing, publications, postage, and shipping | $7,948 |
| Other expenses | $27,340 |
| Total expenses | $69,956 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $280,284 |
| Other assets | $0 |
| Total assets | $282,419 |
| Total liabilities | $2,167 |
| Net assets or fund balances | $280,252 |