Prop Owners Assn Of Deep Creek Lake is located in Mchenry, MD. The organization was established in 2011. According to its NTEE Classification (L50) the organization is classified as: Homeowners & Tenants Associations, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Prop Owners Assn Of Deep Creek Lake 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 12/2022, Prop Owners Assn Of Deep Creek Lake generated $21.3k 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 (7.6%) each year. All expenses for the organization totaled $21.1k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (4.8%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Robert Sutton Director & President | 1 | $0 | |
T Grant Callery Director & VP Communications | 1 | $0 | |
Susan Crawford Director & First VP | 0.25 | $0 | |
Bob Hoffman Director & Past President | 0.25 | $0 | |
Walt Malecki Director | 0.25 | $0 | |
Edisel King Director & Past President | 0.25 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $18,399 |
Investment income | $7,639 |
Gain or Loss | -$4,768 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $21,270 |
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 | $825 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $1,377 |
Other expenses | $18,861 |
Total expenses | $21,063 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $289,472 |
Other assets | $0 |
Total assets | $289,472 |
Total liabilities | $0 |
Net assets or fund balances | $289,472 |
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