Summit Community Association Inc is located in Smoke Rise, GA. The organization was established in 1981. According to its NTEE Classification (S22) the organization is classified as: Neighborhood & Block Associations, 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. Summit Community Association Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2022, Summit Community Association Inc generated $88.8k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.2% each year. All expenses for the organization totaled $156.6k during the year ending 12/2022. While expenses have increased by 13.1% per year over the past 8 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
PROVIDE COMMUNITY ASSOCIATION TO OWN AND MAINTAIN RECREATIONAL AREAS AND FACILITIES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Claudia Marcinak Vice President | 1 | $0 | |
Barbara Pettitt President | 1 | $0 | |
Barbara Cook Pool Chair | 1 | $0 | |
Martia Lloyd Secretary | 1 | $0 | |
Victor Economy Grounds Chair | 1 | $0 | |
Deborah Green Membership Chair | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $66,495 |
Investment income | $14,216 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $8,075 |
Other Revenue | $0 |
Total Revenue | $88,786 |
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 | $0 |
Occupancy, rent, utilities, and maintenance | $156,590 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $0 |
Total expenses | $156,590 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $13,042 |
Other assets | $0 |
Total assets | $70,017 |
Total liabilities | $55,326 |
Net assets or fund balances | $14,691 |
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