Portuguese-American Suncoast Association Inc
- Assets
- $412.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Saint Petersburg, FL
- Founding
- 09/1980
- Data as of
- 03/2022
- EIN
- 59-1983815
Organization Overview
Portuguese-American Suncoast Association Inc is located in Saint Petersburg, FL. The organization was established in 1980. According to its NTEE Classification (A23) the organization is classified as: Cultural & Ethnic Awareness, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Portuguese-American Suncoast 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 03/2022, Portuguese-American Suncoast Association Inc generated $39.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (9.7%) each year. All expenses for the organization totaled $47.2k during the year ending 03/2022. As we would expect to see with falling revenues, expenses have declined by (1.6%) per year over the past 7 years. 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
THE ASSOCIATION PROVIDES A MEETING PLACE FOR ITS MEMBERSTO ENGAGE IN SOCIAL AND RECREATIONAL ACTIVITIES. THEASSOCIATION SPONSORS DANCES FOR MEMBERS AS WELL AS A WEEKLY SOCIAL DINER
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rui Correia Vice President 1 | 2 | $0 | |
Jose Carlos Barros President | 2 | $0 | |
Rosemary Picanso Treasurer | 2 | $0 | |
Lourdes Cunha Vice President 2 | 2 | $0 | |
Virginia Costa Secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,092 |
| Total Program Service Revenue | $0 |
| Membership dues | $8,416 |
| Investment income | $97 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $39,511 |
| 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 | $16,394 |
| Printing, publications, postage, and shipping | $542 |
| Other expenses | $30,303 |
| Total expenses | $47,239 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $99,327 |
| Other assets | $0 |
| Total assets | $412,293 |
| Total liabilities | $4,821 |
| Net assets or fund balances | $407,472 |
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