Sanibel Community Association Inc
- Assets
- $3.7m
- Revenue
- $1.1m
- Investments
- $14.8k
- Employees
- 18
- Location
- Sanibel, FL
- Founding
- 05/2002
- Data as of
- 06/2022
- EIN
- 59-1060466
Organization Overview
Sanibel Community Association Inc is located in Sanibel, FL. The organization was established in 2002. According to its NTEE Classification (N31) the organization is classified as: Community Recreational Centers, under the broad grouping of Recreation & Sports and related organizations. As of 06/2022, Sanibel Community Association Inc employed 18 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sanibel Community Association 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 06/2022, Sanibel Community Association Inc generated $1.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (10.3%) each year. All expenses for the organization totaled $929.4k during the year ending 06/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
CIVIC, EDUCATIONAL, ART, CULINARY AND CULTURAL ORGANIZATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
PUBLIC INTEREST FUNCTIONS INCLUDING EDUCATIONAL WORKSHOPS AND CLASSES, SEMINARS AND SOCIAL EVENTS FOR THE PUBLIC
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Teresa Riska-Hall Executive Di | Officer | 40 | $114,257 |
Lynne Butkiewicz Director | Trustee | 20 | $0 |
Anne Cooper Director | Trustee | 1 | $0 |
Lew Gould Director | Trustee | 0.5 | $0 |
Roger Grogman President | OfficerTrustee | 10 | $0 |
Darrin Grotrian Co-Treasurer | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $406,981 |
| Investment income | $8,842 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $56,889 |
| Net Income from Fundraising Events | $121,837 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,052,756 |
| Statement of Expenses | |
|---|---|
| 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. | $120,870 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $190,396 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,776 |
| Payroll taxes | $25,836 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $17,428 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $8,660 |
| Fees for services: Other | $7,771 |
| Advertising and promotion | $67,269 |
| Office expenses | $9,580 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $100,808 |
| 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 | $115,231 |
| Insurance | $74,321 |
| All other expenses | $0 |
| Total functional expenses | $929,378 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $359,848 |
| Savings and temporary cash investments | $13,784 |
| Pledges and grants receivable | $18,000 |
| Accounts receivable, net | $10,320 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $51,590 |
| Investments—publicly traded securities | $494,095 |
| Investments—other securities | $14,801 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,669,235 |
| Accounts payable and accrued expenses | $39,564 |
| Grants payable | $0 |
| Deferred revenue | $17,458 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $2,112,000 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $311,056 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $368,078 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $3,301,157 |