The Rawlings Improvement Association Inc is located in Rawlings, MD. The organization was established in 1994. According to its NTEE Classification (S21) the organization is classified as: Community Coalitions, 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. Rawlings Improvement Association Inc is a 501(c)(12) and as such, is described as a "Benevolent Life Insurance Association, Mutual Ditch or Irrigation Company, Mutual or Cooperative Telephone Company" by the IRS.
For the year ending 06/2024, Rawlings Improvement Association Inc generated $91.5k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.7%) each year. All expenses for the organization totaled $88.3k during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by (1.5%) per year over the past 8 years. 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
2024
Describe the Organization's Program Activity:
Part 3
SERVICE OF THE SANITARY SEWAGE TREATMENT REQUIREMENTS FOR APPROXIMATELY 238 RESIDENTIAL AND COMMERCIAL SITES IN THE TOWN OF RAWLINGS, MD IN COMPLIANCE WITH FEDERAL AND STATE REGULATIONS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Bill King President | 0 | $0 | |
Rick Bittinger Director | 0 | $0 | |
Lana Bittinger Treasurer | 0 | $5,200 | |
Ken Currence Director | 0 | $0 | |
Tom Reed Director | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $91,183 |
Investment income | $281 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $91,464 |
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 | $5,990 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $482 |
Other expenses | $81,875 |
Total expenses | $88,347 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $44,525 |
Other assets | $0 |
Total assets | $300,912 |
Total liabilities | $0 |
Net assets or fund balances | $300,912 |