Star Island Corporation

Organization Overview

Star Island Corporation is located in Portsmouth, NH. The organization was established in 1947. According to its NTEE Classification (S47) the organization is classified as: Real Estate Associations, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2022, Star Island Corporation employed 156 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Star Island 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 12/2022, Star Island Corporation generated $4.3m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.9% each year. All expenses for the organization totaled $4.0m during the year ending 12/2022. While expenses have increased by 2.1% per year over the past 8 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

2022

Describe the Organization's Mission:

Part 3 - Line 1

OPERATION OF A RELIGIOUS AND EDUCATIONAL CONFERENCE CENTER ON STAR ISLAND

Describe the Organization's Program Activity:

Part 3 - Line 4a

SINCE 1915, THE STAR ISLAND CORPORATION HAS OPERATED STAR ISLAND AS A RELIGIOUS AND EDUCATIONAL CONFERENCE CENTER. DURING 2022, APPROXIMATELY 3,368 INDIVIDUALS ATTENDED 51 CONFERENCES HELD DURING THE YEAR. CONFERENCES COVERED TOPICS FROM THE ARTS TO NATURAL HISTORY, FROM RELIGIOUS EDUCATION TO LAITY TRAINING, AND FROM SPIRITUALITY TO INTERNATIONAL AFFAIRS. THE CORPORATION STRIVES TO MAKE THESE CONFERENCES AFFORDABLE FOR ALL, EVEN THOUGH ROOM AND BOARD REVENUE COVERS ONLY APPROXIMATELY 61% OF ITS ANNUAL OPERATING COSTS. STAR HONORS ITS RELIGIOUS PURPOSE BY HAVING A MINISTER OF THE WEEK PRESENT ON THE ISLAND DURING THE MAIN SUMMER CONFERENCE WEEKS, HAVING MORNING AND EVENING CHAPEL SERVICES DURING THESE WEEKS, MAINTAINING ACTIVE STATUS AS A RELATED ORGANIZATION OF THE UNITARIAN UNIVERSALIST ASSOCIATION, AND ENGAGING IN ACTIVE PARTNERSHIP WITH STAR ISLAND UNITED CHURCH OF CHRIST (A CONSTITUENT ORGANIZATION), AMONG SEVERAL OTHER THINGS.


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
Joseph Watts
CEO
$134,690
Hope Coolidge
CFO
$45,231
April Rosario
Director
$1,940
Kyle Belmont
Director
$1,328
Lucia Green-Weiskel
Director
$1,307
Debbie Duval
President
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Isles Of Shoals Steamship Co Inc
Transportation & Parking
$183,944
Seacoast Maritime Charters Llc
Transportation & Capital Projects
$118,987
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$212,429
Government grants $362,386
All other contributions, gifts, grants, and similar amounts not included above$828,128
Noncash contributions included in lines 1a–1f $9,708
Total Revenue from Contributions, Gifts, Grants & Similar$1,402,943
Total Program Service Revenue$2,717,920
Investment income $793
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $138,440
Net Gain/Loss on Asset Sales -$560
Net Income from Fundraising Events $28,747
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $4,288,283

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Star Island Corporation has recieved totaling $10,000.

Awarding OrganizationAmount
Martini-Welch Family Foundation

Lake Oswego, OR

PURPOSE: TO PROVIDE FINANCIAL SUPPORT TO BUILD COMMUNITY, EMPLOY ECONOMIC FISCAL PRACTICES, ENHANCE THE EXPERIENCE OF THE NATURAL ENVIRONMENT, AND MAINTAIN STEWARDSHIP PRACTICES OF STAR ISLAND

$10,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$16,140
Ending Balance$16,140

Peer Organizations

Organization NameAssets
121 W Chestnut Associates Inc
Boston, MA
$6,440,632
Greater Boston Real Estate Board
Boston, MA
$6,801,550
Massachusetts Association Of Realtors Inc
Foxborough, MA
$5,237,756
Star Island Corporation
Portsmouth, NH
$4,288,283
Town Center Apartments Inc
Boston, MA
$7,900,572
Np Parc Chateaux Inc
Boston, MA
$7,607,239
Lockwood Glen Apartments Llc
Boston, MA
$5,086,526
Np Bridge Point North Llc
Boston, MA
$5,234,585
Windward Market Corp
Boston, MA
$5,727,773
Np Park 288 Llc
Boston, MA
$6,111,492
Tc Village Inc
Boston, MA
$5,491,631
Np Quarry Oaks Iii Llc
Boston, MA
$5,918,699

Create an account to unlock the data you need.

or