Eastown Community Association
- Assets
- $234.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Grand Rapids, MI
- Founding
- 09/1975
- Data as of
- 12/2023
- EIN
- 23-7441183
Organization Overview
Eastown Community Association is located in Grand Rapids, MI. The organization was established in 1975. According to its NTEE Classification (S22) the organization is classified as: Neighborhood & Block Associations, 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. Eastown Community Association 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 12/2023, Eastown Community Association generated $44.4k 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 (4.5%) each year. All expenses for the organization totaled $47.0k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (3.3%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jordan Nurmikko Vice President | 3 | $0 | |
Rachael Wingo Treasurer | 3 | $0 | |
Derek Neal Secretary | 3 | $0 | |
Steven Martinez President | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $21,501 |
| Total Program Service Revenue | $3,775 |
| Membership dues | $0 |
| Investment income | $13,836 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $5,252 |
| Other Revenue | $0 |
| Total Revenue | $44,364 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $12,135 |
| Professional fees and other payments to independent contractors | $7,140 |
| Occupancy, rent, utilities, and maintenance | $16,141 |
| Printing, publications, postage, and shipping | $6,517 |
| Other expenses | $5,084 |
| Total expenses | $47,017 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $63,211 |
| Other assets | $0 |
| Total assets | $234,610 |
| Total liabilities | $549 |
| Net assets or fund balances | $234,061 |