Commons Community Corporation
- Assets
- $13.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Williamsburg, MA
- Founding
- 03/2019
- Data as of
- 12/2020
- EIN
- 81-3196926
Organization Overview
Commons Community Corporation is located in Williamsburg, MA. The organization was established in 2019. According to its NTEE Classification (S30) the organization is classified as: Economic Development, 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. Commons Community Corporation 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 12/2020, Commons Community Corporation generated $15.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (14.4%) each year. All expenses for the organization totaled $15.8k during the year ending 12/2020. 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
2020
Describe the Organization's Program Activity:
Part 3
OUR COWORKING SPACE CONTINUES TO SUPPORT USER, PRIMARILY FROM THE NEARBY RURAL AREAS WHICH LACK INTERNET ACCESS. WE CONTINUE TO UPGRADE THE SPACE AND TECHNOLOGY TO ACCOMMODATE THE NEEDS OF USERS. WE CONTINUE TO PROVIDE FREE MEETING SPACE FOR LOCAL NONPROFITS. WE CONTINUE TO SUPPORT LOCAL COMMUNITY RESOURCES LIKE THE TOWN'S ICE RINK AND TOWN PICNIC.
OUR COWORKING SPACE CONTINUES TO SUPPORT USER, PRIMARILY FROM THE NEARBY RURAL AREAS WHICH LACK INTERNET ACCESS. WE CONTINUE TO UPGRADE THE SPACE AND TECHNOLOGY TO ACCOMMODATE THE NEEDS OF USERS. WE CONTINUE TO PROVIDE FREE MEETING SPACE FOR LOCAL NONPROFITS. WE CONTINUE TO SUPPORT LOCAL COMMUNITY RESOURCES LIKE THE TOWN'S ICE RINK AND TOWN PICNIC.
OUR COWORKING SPACE CONTINUES TO SUPPORT USER, PRIMARILY FROM THE NEARBY RURAL AREAS WHICH LACK INTERNET ACCESS. WE CONTINUE TO UPGRADE THE SPACE AND TECHNOLOGY TO ACCOMMODATE THE NEEDS OF USERS. WE CONTINUE TO PROVIDE FREE MEETING SPACE FOR LOCAL NONPROFITS. WE CONTINUE TO SUPPORT LOCAL COMMUNITY RESOURCES LIKE THE TOWN'S ICE RINK AND TOWN PICNIC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Chase President And Treasurer | 1 | $0 | |
Ryan Schiff Director | 0.25 | $0 | |
Diana Chaplin Director | 0.5 | $0 | |
Sally Loomis Director | 0.25 | $0 | |
Mark Corner Clerk | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $12 |
| Total Program Service Revenue | $50 |
| Membership dues | $15,138 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $15,200 |
| 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 | $1,671 |
| Occupancy, rent, utilities, and maintenance | $10,141 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $4,028 |
| Total expenses | $15,840 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $13,154 |
| Other assets | $0 |
| Total assets | $13,282 |
| Total liabilities | $0 |
| Net assets or fund balances | $13,282 |
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