The Salem Woods Civic Association Inc
- Assets
- $272.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 1
- Location
- Virginia Beach, VA
- Founding
- 03/2001
- Data as of
- 12/2015
- EIN
- 54-1276650
Organization Overview
The Salem Woods Civic Association Inc is located in Virginia Beach, VA. The organization was established in 2001. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Salem Woods Civic Association Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2015
Describe the Organization's Program Activity:
Part 3
MEMBER DUES AND FEES ARE COLLECTED TO MAINTAIN DAILY OPERATIONS AND TO ALLOW FOR THE ENJOYMENT OF COMMUNITY ACTIVITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Belinda Traber Office Manager | 6 | $4,716 | |
Liz Cossoboon President | 3 | $0 | |
Jim Payne Neighborhood Watch | 3 | $0 | |
Pete Leavitt Deed Enforcement | 3 | $0 | |
Morris Ellison Vice President | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $8,100 |
| Investment income | $994 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $58 |
| Other Revenue | $0 |
| Total Revenue | $9,152 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $4,716 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $9,401 |
| Printing, publications, postage, and shipping | $141 |
| Other expenses | $5,776 |
| Total expenses | $20,034 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $199,331 |
| Other assets | $0 |
| Total assets | $272,232 |
| Total liabilities | $18,152 |
| Net assets or fund balances | $254,080 |
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