Southport Island Association
- Assets
- $170.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Southport, ME
- Founding
- 08/2007
- Data as of
- 12/2023
- EIN
- 30-0400277
Organization Overview
Southport Island Association is located in Southport, ME. The organization was established in 2007. According to its NTEE Classification (P50) the organization is classified as: Personal Social Services, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Southport Island 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, Southport Island Association generated $179.9k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 11.0% each year . All expenses for the organization totaled $112.8k during the year ending 12/2023. While expenses have increased by 9.0% per year over the past 9 years. They've been increasing with an increasing level of total revenue. 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
THE SOUTHPORT ISLAND ASSOCIATION CONTRIBUTED A TOTAL OF $46,234.00 TO VARIOUS INDIVIDUALS AND CHARITIES SERVING THE NEEDS OF THE SOUTHPORT RESIDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anne Gobes Board Member | 0 | $0 | |
Carol Allison Treasurer | 2 | $0 | |
Laura Blake Vice President | 0 | $0 | |
Scott Larsen Board Member | 0 | $0 | |
Maddie Kaler Vice President | 0 | $0 | |
Matthew Fessenden Board Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $179,909 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $20 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $179,929 |
| 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 | $574 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $2,414 |
| Other expenses | $109,789 |
| Total expenses | $112,777 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $170,440 |
| Other assets | $0 |
| Total assets | $170,440 |
| Total liabilities | $0 |
| Net assets or fund balances | $170,440 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ved Vignan Mahavidyapeeth Nashua, NH | $53,533,876 | $10,646,934 |
New Life Mission Bangor, ME | $464,951 | $531,566 |
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Maine Transgender Network Inc Portland, ME | $9,182 | $0 |
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