Village Greens Cooperative
- Assets
- $385.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lake Harmony, PA
- Founding
- 07/2006
- Data as of
- 12/2022
- EIN
- 20-1053985
Organization Overview
Village Greens Cooperative is located in Lake Harmony, PA. The organization was established in 2006. According to its NTEE Classification (Y22) the organization is classified as: Local Benevolent Life Insurance Associations, under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Village Greens Cooperative is a 501(c)(12) and as such, is described as a "Benevolent Life Insurance Association, Mutual Ditch or Irrigation Company, Mutual or Cooperative Telephone Company" by the IRS.
For the year ending 12/2022, Village Greens Cooperative generated $65.5k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (3.0%) each year. All expenses for the organization totaled $61.8k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (5.9%) per year over the past 8 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
2022
Describe the Organization's Program Activity:
Part 3
VILLAGE GREENS COOPERATIVE PURCHASES WATER AND DISTRIBUTES WATER FOR RESIDENTIAL USE FOR THE MUTUAL BENEFIT OF ITS MEMBERS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Daniel Guaglianone President | 3 | $0 | |
Joseph Arnold Vice-President | 3 | $0 | |
Sherri Jones Secretary | 3 | $0 | |
Scott Seidel Treasurer | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $65,335 |
| Investment income | $206 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $65,541 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $52,400 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,300 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $4,155 |
| Other expenses | $3,912 |
| Total expenses | $61,767 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $253,621 |
| Other assets | $0 |
| Total assets | $385,827 |
| Total liabilities | $187,440 |
| Net assets or fund balances | $198,387 |
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