Winery Loop Association
- Assets
- $32.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Port Angeles, WA
- Founding
- 03/2009
- Data as of
- 12/2020
- EIN
- 20-0776717
Organization Overview
Winery Loop Association is located in Port Angeles, WA. The organization was established in 2009. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, 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. Winery Loop Association is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2020, Winery Loop Association generated $28.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (3.2%) each year. All expenses for the organization totaled $13.2k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (9.7%) per year over the past 6 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
2020
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION IS COMPRISED OF WINEMAKERS IN THE OLYMPIC PENINSULA REGION AND SPONSORS VARIOUS LOCAL WINE TASTING EVENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Vicki Corson President | 2 | $0 | |
Michael Cavett Vice Preside | 2 | $0 | |
Sara Gagnon Secretary | 2 | $0 | |
Judith Cavett Treasurer | 2 | $0 | |
Don Corson Director | 2 | $0 | |
Lisa Martin Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $15,500 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $12,681 |
| Other Revenue | $410 |
| Total Revenue | $28,591 |
| 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 | $425 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $115 |
| Other expenses | $12,680 |
| Total expenses | $13,220 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $32,800 |
| Other assets | $0 |
| Total assets | $32,800 |
| Total liabilities | $0 |
| Net assets or fund balances | $32,800 |