Blue Water Beach Subdivision Association Incorporated
- Assets
- $54.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lexington, MI
- Founding
- 09/1960
- Data as of
- 12/2023
- EIN
- 38-1572363
Organization Overview
Blue Water Beach Subdivision Association Incorporated is located in Lexington, MI. The organization was established in 1960. According to its NTEE Classification (W80) the organization is classified as: Public Utilities, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Blue Water Beach Subdivision Association Incorporated is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2023, Blue Water Beach Subdivision Association Incorporated generated $114.8k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 11.8% each year . All expenses for the organization totaled $121.2k during the year ending 12/2023. While expenses have increased by 8.2% per year over the past 8 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
SAFE SWIMMING AND BOATING INSTRUCTION FOR BOTH CHILDREN AND ADULTS, MAINTAIN ALL BUILDINGS AND THE ENVIRONMENT PER REGULATIONS AND SOCIAL GOOD WILL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ken Stallons President | 0 | $0 | |
Dan Cortis Vice Preside | 0 | $0 | |
Marie Bonello Secretary | 0 | $0 | |
Billy Fraus Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $95,459 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $6,455 |
| Other Revenue | $12,885 |
| Total Revenue | $114,799 |
| 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 | $21,239 |
| Occupancy, rent, utilities, and maintenance | $57,393 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $42,559 |
| Total expenses | $121,191 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $49,718 |
| Other assets | $0 |
| Total assets | $54,018 |
| Total liabilities | $1,000 |
| Net assets or fund balances | $53,018 |