Pleasure Island Revitalization Association
- Assets
- $35.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Carolina Beach, NC
- Founding
- 08/2009
- Data as of
- 12/2021
- EIN
- 26-0877938
Organization Overview
Pleasure Island Revitalization Association is located in Carolina Beach, NC. The organization was established in 2009. 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. Pleasure Island Revitalization 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 12/2021, Pleasure Island Revitalization Association generated $17.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (21.0%) each year. All expenses for the organization totaled $40.2k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (17.7%) per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
COMMUNITY IMPROVEMENT AND SERVICE TO ENRICH THE LIVES OF RESIDENTS AND VISITORS TO PLEASURE ISLAND BY ENHANCING THE APPEARANCE OF PUBLIC SPACES, FURTHERING COMMUNITY OUTREACH TO PROVIDE A SAFE AND HEALTHY ENVIRONMENT, PROMOTE EDUCATION AND CULTURAL EXPRESSION, INCREASE ENTERTAINMENT OPPORTUNITIES, PROMOTE ENVIRONMENTAL IMPROVEMENTS WHICH ENCOURAGE A HEALTHY LIFESTYLE, PARTICIPATE IN THE DESIGN AND IMPLEMENTATION OF A COMMUNITY MASTER PLAN TO ENCOURAGE THOUGHTFUL DEVELOPMENT AND TO PROVIDE A WHOLESOME, SECURE, STIMULATING AND RELAXING HOME FOR RESIDENTS AND DESTINATION FOR VISITORS.
Describe the Organization's Program Activity:
Part 3
CAROINA BEACH DOWNTOWN INITIATIVE: PROVIDED NO OR LOW-COST ENTERTAINMENT OPTIONS FOR LOCAL RESIDENTS AND TOURISTS IN A SAFE AND FAMILY-FRIENDLY ENVIRONMENT
PLEASURE ISLAND FIRE RELIEF FUND: ACCEPTED DONATIONS FROM THE GENERAL PUBLIC TO SUPPORT AND ASSIST VICTIMS OF AN ARSON-RELATED FIRE IN LATE 2014
SOFTBALL TOURNAMENT INCLUDED IN SPECIAL EVENTS: PROGRAM EXPENSES CONSIST OF GRANT TO ENDOWED SCHOLARSHIP AT LOCAL COMMUNITY COLLEGE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dava Villapiano President | 2 | $0 | |
Wayne Rouse Secretary | 2 | $0 | |
Tim Morrison Treasurer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $9,868 |
| Other Revenue | $0 |
| Total Revenue | $17,868 |
| 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 | $0 |
| Printing, publications, postage, and shipping | $146 |
| Other expenses | $1,717 |
| Total expenses | $40,180 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $34,821 |
| Other assets | $0 |
| Total assets | $35,009 |
| Total liabilities | $0 |
| Net assets or fund balances | $35,009 |