Island Marina Association
- Assets
- $230.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Alton Bay, NH
- Founding
- 10/1990
- Data as of
- 12/2022
- EIN
- 02-0417490
Organization Overview
Island Marina Association is located in Alton Bay, NH. The organization was established in 1990. According to its NTEE Classification (S03) the organization is classified as: Professional Societies & 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. Island Marina Association is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2022, Island Marina Association generated $181.3k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.0% each year. All expenses for the organization totaled $135.0k during the year ending 12/2022. 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
PRESERVATION OF MAINLAND DOCKING FACILITIES FOR ISLAND RESIDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ted Carl Director | 1 | $0 | |
Nadine Martin Director | 1 | $0 | |
Len Brochu Director | 1 | $0 | |
Fred Zimmermann Director | 1 | $0 | |
Marc Gibson President | 1 | $0 | |
Bob Levasseur Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $170,560 |
| Investment income | $5 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $10,740 |
| Total Revenue | $181,305 |
| 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 | $1,050 |
| Occupancy, rent, utilities, and maintenance | $111,262 |
| Printing, publications, postage, and shipping | $201 |
| Other expenses | $22,415 |
| Total expenses | $135,028 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $58,149 |
| Other assets | $0 |
| Total assets | $230,285 |
| Total liabilities | $0 |
| Net assets or fund balances | $230,285 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
United Association Of Journeymen & Apprentices Of The Plumbing & Pipe Hooksett, NH | $1,906,150 | $965,768 |
Massachusetts Package Stores Assn Inc Westborough, MA | $145,232 | $927,924 |
United Association Of Journeymen & Apprentices Of Plumbing & Pipe West Boylston, MA | $3,096,398 | $1,183,683 |
New England Mechanical Contractors Assn Inc Quincy, MA | $393,884 | $1,016,147 |
Plumbing-Heating-Cooling Contractors Of Massachusetts Inc Braintree, MA | $1,573,052 | $979,809 |
Greater Boston Plumbing Contractors Association Inc Braintree, MA | $421,923 | $613,515 |
Hospitalitymaine Augusta, ME | $673,443 | $824,980 |
United Association Of Journeymen & Apprentices Of The Plumbing & Pipe South Burlington, VT | $1,099,058 | $593,739 |
The Builders & Remodelers Assoc Of Great Boston Inc Bragb Canton, MA | $383,457 | $553,290 |
Ibm Club - Massachusetts Burlington, MA | $0 | $0 |
Retail Association Of Maine Augusta, ME | $616,381 | $534,767 |
Maine Real Estate Development Assn Portland, ME | $350,883 | $392,302 |