Pasadena Business Association Inc
- Assets
- $299.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Pasadena, MD
- Founding
- 06/1988
- Data as of
- 12/2021
- EIN
- 52-1477614
Organization Overview
Pasadena Business Association Inc is located in Pasadena, MD. The organization was established in 1988. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, 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. Pasadena Business Association Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2021, Pasadena Business Association Inc generated $87.2k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.1%) each year. All expenses for the organization totaled $108.1k during the year ending 12/2021. 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 |
|---|---|---|---|
Sandi Parrish Executive Director | 40 | $56,116 | |
Angela Balsamo Secretary | 5 | $0 | |
Sam Tanner Vice President | 5 | $0 | |
Christine Richardson President | 5 | $0 | |
Heather Frees Director | 5 | $0 | |
Melissa Gurney Hosse Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,940 |
| Total Program Service Revenue | $32,839 |
| Membership dues | $39,419 |
| Investment income | $2,705 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $9,538 |
| Other Revenue | $0 |
| Total Revenue | $87,191 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $58,582 |
| Professional fees and other payments to independent contractors | $1,350 |
| Occupancy, rent, utilities, and maintenance | $11,294 |
| Printing, publications, postage, and shipping | $1,002 |
| Other expenses | $35,894 |
| Total expenses | $108,122 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $289,686 |
| Other assets | $0 |
| Total assets | $299,686 |
| Total liabilities | $750 |
| Net assets or fund balances | $298,936 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Pasadena Business Association Inc has recieved totaling $5,816.
| Awarding Organization | Amount |
|---|---|
Anne Arundel Economic Development Corporation Annapolis, MD PURPOSE: COVID RELIEF - CUSTOMER & EMPLOYEE PROTECTION (CEP) | $5,816 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Restaurant Association Washington, DC | $192,667,812 | $96,146,955 |
American Association Of State Highway & Transportation Officials Washington, DC | $177,160,624 | $97,013,353 |
American Beverage Association Washington, DC | $114,967,236 | $101,585,081 |
Credit Union National Association Inc Washington, DC | $67,388,582 | $69,543,852 |
Edison Electric Institute Washington, DC | $198,917,565 | $81,084,181 |
Investment Company Institute Washington, DC | $76,230,571 | $72,478,404 |
Packaging Machinery Manufacturers Institute Inc Herndon, VA | $71,869,344 | $62,733,082 |
Consumer Technology Association Arlington, VA | $357,760,838 | $25,474,279 |
National Retail Federation Inc Washington, DC | $44,909,805 | $48,694,616 |
American Psychiatric Association Washington, DC | $179,554,491 | $53,525,834 |
Mexican Haas Avocado Importers Association Fallston, MD | $10,238,623 | $43,648,629 |
Certified Financial Planner Board Of Standards Inc Washington, DC | $72,477,411 | $49,028,168 |