Property Owners Association Of Harbor Acres Incorporated is located in Port Washington, NY. The organization was established in 1959. According to its NTEE Classification (L50) the organization is classified as: Homeowners & Tenants Associations, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Property Owners Association Of Harbor Acres Incorporated 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 12/2023, Property Owners Association Of Harbor Acres Incorporated generated $116.8k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (1.0%) each year. All expenses for the organization totaled $57.6k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (12.3%) per year over the past 5 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
2023
Describe the Organization's Program Activity:
Part 3
MAINTAIN COMMUNITY PROPERTY AND PROMOTE COMMUNITY SPIRIT
| Name (title) | Role | Hours | Compensation | 
|---|---|---|---|
| Elena Karabatos President | 3 | $0 | |
| Melissa Vissicchio Vice - President | 3 | $0 | |
| Annette Oestreich Treasurer | 5 | $0 | |
| Lori Waxman Recording Secretary | 1 | $0 | |
| Delia Kamensky Social Secretary | 3 | $0 | 
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 | 
| Total Program Service Revenue | $0 | 
| Membership dues | $96,486 | 
| Investment income | $20,292 | 
| Gain or Loss | $0 | 
| Net Income from Gaming & Fundraising | $0 | 
| Other Revenue | $0 | 
| Total Revenue | $116,778 | 
| 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 | $0 | 
| Occupancy, rent, utilities, and maintenance | $29,818 | 
| Printing, publications, postage, and shipping | $415 | 
| Other expenses | $27,396 | 
| Total expenses | $57,629 | 
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $290,990 | 
| Other assets | $0 | 
| Total assets | $290,990 | 
| Total liabilities | $0 | 
| Net assets or fund balances | $290,990 |