Ocean Beach Community Fund Inc
- Assets
- $371.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Ocean Beach, NY
- Founding
- 02/1980
- Data as of
- 12/2022
- EIN
- 11-2513924
Organization Overview
Ocean Beach Community Fund Inc is located in Ocean Beach, NY. The organization was established in 1980. According to its NTEE Classification (C50) the organization is classified as: Environmental Beautification, 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. Ocean Beach Community Fund 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, Ocean Beach Community Fund Inc generated $74.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (9.1%) each year. All expenses for the organization totaled $63.3k 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
THE OCEAN BEACH COMMUNITY FUND, INC. PROVIDES FOR BEAUTIFICATION OF THE VILLAGE OF OCEAN BEACH AND PROMOTES CULTURAL ACTIVITIES AND FACILITIES FOR THE OCEAN BEACH COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Holly Etlin President | 0 | $0 | |
Herb Rivera Vice-President | 0 | $0 | |
Iris Levitan Vice-President | 0 | $0 | |
Susan Cafuoco Secretary | 0 | $0 | |
Marvin Vipler Co-Treasurer | 0 | $0 | |
Rita Silver Co-Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $73,969 |
| Total Program Service Revenue | $0 |
| Membership dues | $1,425 |
| Investment income | $68 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$1,417 |
| Other Revenue | $0 |
| Total Revenue | $74,045 |
| 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 | $1,950 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $5,928 |
| Other expenses | $26,083 |
| Total expenses | $63,250 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $371,557 |
| Other assets | $0 |
| Total assets | $371,557 |
| Total liabilities | $250 |
| Net assets or fund balances | $371,307 |