Save Ocean Beach Inc
- Assets
- $41.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- New London, CT
- Founding
- 03/2000
- Data as of
- 12/2021
- EIN
- 06-1559090
Organization Overview
Save Ocean Beach Inc is located in New London, CT. The organization was established in 2000. According to its NTEE Classification (C32) the organization is classified as: Water Resources, Wetlands Conservation & Management, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Save Ocean Beach Inc 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 12/2021, Save Ocean Beach Inc generated $5.0k 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 (28.6%) each year. All expenses for the organization totaled $6.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (21.6%) 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
2021
Describe the Organization's Program Activity:
Part 3
THE PRIMARY PURPOSE OF THIS ORGANIZATION SHALL BE TO PROMOTE A MEMBERSHIP OF INDIVIDUALS INTERESTED IN THE ENHANCEMENT, PROTECTION, AND PRESERVATION OF OCEAN BEACH PARK IN NEW LONDON, CT REGARDLESS OF RACE, COLOR, CREED, NATIONAL ORIGIN OR RESIDENCE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thomas Quinton Chairperson | 5 | $0 | |
William Lacey Co-Chairperson | 5 | $0 | |
Sherry Hedding Treasurer | 1 | $0 | |
Marie Gravell Secretary | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,334 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $5 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$3,349 |
| Other Revenue | $0 |
| Total Revenue | $4,990 |
| 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 | $625 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $5,888 |
| Total expenses | $6,513 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $41,747 |
| Other assets | $0 |
| Total assets | $41,747 |
| Total liabilities | $0 |
| Net assets or fund balances | $41,747 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Safe Water Network New York, NY | $11,807,774 | $8,506,828 |
Buffalo Niagara Waterkeeper Inc Buffalo, NY | $12,074,005 | $5,933,047 |
Riverkeeper Inc Ossining, NY | $3,555,297 | $4,414,432 |
Buzzards Bay Coalition Inc New Bedford, MA | $35,427,271 | $10,789,245 |
Hudson River Foundation For Science And Environmental Research Inc New York, NY | $44,144,233 | $1,711,986 |
Renew Oceans Inc Brooklyn, NY | $0 | $303,111 |
Connecticut River Watershed Council Inc Greenfield, MA | $5,295,847 | $3,497,811 |
Save The Bay Inc Providence, RI | $12,260,804 | $3,337,180 |
Charles River Transportation Management Association Cambridge, MA | $5,311,502 | $3,433,111 |
Resilient Cities Catalyst Inc Brooklyn, NY | $643,141 | $1,468,241 |
Coral Reef Foundation New York, NY | $206,585 | $50,003 |
Siasconset Beach Preservation Fund Inc Nantucket, MA | $4,655,544 | $2,648,884 |