Derby Community Association Incorporated is located in Derby, IN. The organization was established in 2018. According to its NTEE Classification (S31) the organization is classified as: Urban & Community Economic Development, 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. Derby Community Association Incorporated 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, Derby Community Association Incorporated generated $52.2k 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 (5.5%) each year. All expenses for the organization totaled $38.0k during the year ending 12/2023. 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
TO PROMOTE AND DEVELOP THE COMMUNITY OF DERBY, IN AND THE SURROUNDING AREA. TRYING TO PRESERVE AND PROTECT THE SCENIC, HISTORIC, NATURAL, RECREATIONAL, AND CULTURAL VALUES OF THE COMMUNITY.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Barry Stiles President | 8 | $0 | |
Michael Simon Vice-President | 8 | $0 | |
Mary Holland Secretary/treasurer | 10 | $0 | |
Bill Goffinet Board Member | 8 | $0 | |
Brian Ludwig Board Member | 8 | $0 | |
David Alexander Board Member | 8 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $17,370 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $20,712 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $13,989 |
| Other Revenue | $125 |
| Total Revenue | $52,196 |
| 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 | $1,115 |
| Occupancy, rent, utilities, and maintenance | $12,561 |
| Printing, publications, postage, and shipping | $784 |
| Other expenses | $23,519 |
| Total expenses | $37,979 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $55,088 |
| Other assets | $0 |
| Total assets | $374,209 |
| Total liabilities | $0 |
| Net assets or fund balances | $374,209 |