Nassau Point Property Owners Asso Inc is located in Cutchogue, NY. The organization was established in 1955. According to its NTEE Classification (S99) the organization is classified as: Community Improvement & Capacity Building N.E.C., 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. Nassau Point Property Owners Asso Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 07/2023, Nassau Point Property Owners Asso Inc generated $93.8k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 9.5% each year. All expenses for the organization totaled $83.6k during the year ending 07/2023. While expenses have increased by 0.3% 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
SECURING & MAINTAINING THE NECCESSARY & REQUIRED PUBLIC SERVICES FROM GOVERNMENTAL AGENCIES WHILE FOSTERING A COOPERATIVE FPIRIT AMONG RESIDENTS & STIMULATING COMMUNITY INTEREST THROUGH MEMBER ACTIVITIES AND PUBLICATIONS
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alfonso Martinez-Fonts President | 0 | $0 | |
Jack Dipalo Vice Preside | 0 | $0 | |
Keith Hughes Treasurer | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $19,455 |
| Total Program Service Revenue | $0 |
| Membership dues | $70,666 |
| Investment income | $16 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $3,691 |
| Total Revenue | $93,828 |
| 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 | $11,414 |
| Occupancy, rent, utilities, and maintenance | $27,260 |
| Printing, publications, postage, and shipping | $7,204 |
| Other expenses | $37,693 |
| Total expenses | $83,571 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $69,459 |
| Other assets | $0 |
| Total assets | $69,459 |
| Total liabilities | $52 |
| Net assets or fund balances | $69,407 |