Southern Shores Civic Association Inc is located in Southern Shores, NC. The organization was established in 2000. According to its NTEE Classification (N30) the organization is classified as: Physical Fitness & Community Recreational Facilities, under the broad grouping of Recreation & Sports and related organizations. As of 12/2021, Southern Shores Civic Association Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Southern Shores Civic Association Inc 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 12/2021, Southern Shores Civic Association Inc generated $291.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.1% each year. All expenses for the organization totaled $255.7k during the year ending 12/2021. While expenses have increased by 7.7% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE THE INTERESTS AND THE WELFARE OF ITS MEMBERS BY MAINTAINING THE PARKS, WALKWAYS AND SURROUNDING PROPERTIES, INCLUDING THE MARINA AND TENNIS COURTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PARKS, BEACH CROSSOVERS AND OTHER PROPERTY BEAUTIFICATION AND MAINTENANCE
OPERATION AND MAINTEANCE OF BOAT MARINAS
OPERATON AND MAINTENANCE OF TENNIS COURTS
MEMBER COMMUNICATIONS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Rod Mccaughey President | OfficerTrustee | 12 | $0 |
Tisa Head Secretary | OfficerTrustee | 5 | $0 |
Jeffrey Johnson Past Preside | OfficerTrustee | 5 | $0 |
Ernie Dash Treasurer | OfficerTrustee | 12 | $0 |
Joel Newton Director | Trustee | 18 | $0 |
Randy Grimes Director | Trustee | 10 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $218,355 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $26,316 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $244,671 |
Total Program Service Revenue | $41,106 |
Investment income | $5,191 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $290,968 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $19,542 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $1,606 |
Fees for services: Management | $0 |
Fees for services: Legal | $1,762 |
Fees for services: Accounting | $403 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $149,927 |
Advertising and promotion | $0 |
Office expenses | $23,606 |
Information technology | $350 |
Royalties | $0 |
Occupancy | $18,204 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $35,117 |
Insurance | $5,136 |
All other expenses | $0 |
Total functional expenses | $255,653 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $484,013 |
Savings and temporary cash investments | $109,436 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $400 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $2,859 |
Prepaid expenses and deferred charges | $1,733 |
Net Land, buildings, and equipment | $280,941 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $879,382 |
Accounts payable and accrued expenses | $11,770 |
Grants payable | $0 |
Deferred revenue | $87,085 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $350 |
Total liabilities | $99,205 |
Net assets without donor restrictions | $780,177 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $879,382 |
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