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 12/2022, Save Ocean Beach Inc generated $14.3k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.4% each year . All expenses for the organization totaled $8.7k during the year ending 12/2022. While expenses have increased by 5.5% 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
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
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thomas Quinton Chairperson | 5 | $0 | |
William Lacey Co-Chairperson | 5 | $0 | |
Marie Gravell Secretary | 5 | $0 | |
Sherry Hedding Treasurer | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,714 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $11 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $3,528 |
| Other Revenue | $0 |
| Total Revenue | $14,253 |
| 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 | $475 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $44 |
| Other expenses | $8,171 |
| Total expenses | $8,690 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $47,310 |
| Other assets | $0 |
| Total assets | $47,310 |
| Total liabilities | $0 |
| Net assets or fund balances | $47,310 |