Grindstone Association

Organization Overview

Grindstone Association is located in Winter Harbor, ME. The organization was established in 1996. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, under the broad grouping of Recreation & Sports and related organizations. As of 12/2021, Grindstone Association employed 18 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Grindstone Association is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.

For the year ending 12/2021, Grindstone Association generated $677.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.0% each year. All expenses for the organization totaled $475.5k during the year ending 12/2021. While expenses have increased by 1.3% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

SOCIAL CLUB

Describe the Organization's Program Activity:

Part 3 - Line 4a

ACTIVITIES PROMOTE THE SOCIAL INTERACTION AND FELLOWSHIP OF MEMBERS


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Board, Officers & Key Employees

Name (title)Compensation
Stephen Myers
Treasurer
$0
Marian Ide
Secretary
$0
Chandler Williams
Vice President
$0
Ellin Miller
President
$0
Nathaniel Reed
Director
$0
Amanda Nichols
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$70,000
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$70,000
Total Program Service Revenue$402,106
Investment income $57,418
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $147,595
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $677,119

Endowment Analysis

Beg. Balance$3,657,913
Net Contributions$584,788
Other Expense$49,000
Ending Balance$4,193,701

Peer Organizations

Create an account to unlock the data you need.

or