Chesapeake Bay Events Inc
- Assets
- $93.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Dunkirk, MD
- Founding
- 08/1998
- Data as of
- 12/2020
- EIN
- 52-2077001
Organization Overview
Chesapeake Bay Events Inc is located in Dunkirk, MD. The organization was established in 1998. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Chesapeake Bay Events Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2020, Chesapeake Bay Events Inc generated $203.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (68.8%) each year. All expenses for the organization totaled $6.0k 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
CHESAPEAKE BAY EVENTS, INC. HOSTS AN ANNUAL CONCERT TO RAISE FUNDS FROM THIS ACTIVITY TO CONTRIBUTE TO THE LOCAL CHARITABLE ORGANIZATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sarah Petska Vice-President/secretary/t | 1 | $0 | |
Donald Hooker President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $200 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $3 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $203 |
| 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 | $200 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $3,300 |
| Total expenses | $6,000 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $87,617 |
| Other assets | $0 |
| Total assets | $93,117 |
| Total liabilities | $171,110 |
| Net assets or fund balances | -$77,993 |
Grants Awarded
Over the last fiscal year, Chesapeake Bay Events Inc has awarded $21,163 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
WE CARE AND FRIENDS PURPOSE: SUPPORT THE WORK OF THE ORGANIZATION. | $10,363 |
Winchester, VA PURPOSE: SUPPORT THE WORK OF THE ORGANIZATION. | $10,000 |
Annapolis, MD PURPOSE: SUPPORT THE WORK OF THE ORGANIZATION. | $800 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
James W And Frances Gibson Mcglothlin Foundation Bristol, VA | $55,479,136 | $5,807,937 |
J M Lockhart Lockhart J M Ally Herc Pittsburgh, PA | $71,861,137 | $5,661,653 |
John R Mccune Char Trust No 9721 Pittsburgh, PA | $72,660,293 | $3,170,444 |
Madeline Foundation Baltimore, MD | $27,935,341 | $684,991 |
Reitmeier Charitable Trust U-W Fund Pittsburgh, PA | $0 | $783,026 |
Venable Baetjer And Howard Foundation Baltimore, MD | $411,758 | $3,720,067 |
Forman Fam Foundation Tr 12112013 Philadelphia, PA | $54,933,768 | $58,162 |
Yocum Family Perpetual Charitable Tr Wilmington, DE | $59,505,784 | $5,249,565 |
Benjamin Rose Tr Pittsburgh, PA | $45,553,098 | $8,158,109 |
The Sarah Min And Matt Pincus Foundation Wilmington, DE | $42,036,683 | $1,209,057 |
Kolibri Foundation Inc Washington, DC | $25,943,036 | $16,488,107 |
Henry L Kimelman Family Foundation Wilmington, DE | $15,718,192 | $1,395,229 |