Sagadahoc Heating Association
- Assets
- $36.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Bath, ME
- Founding
- Data as of
- 06/2024
- EIN
- 38-4092546
Organization Overview
Sagadahoc Heating Association is located in Bath, ME. According to its NTEE Classification (Y99) the organization is classified as: Mutual & Membership Benefit N.E.C., under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sagadahoc Heating Association is a 501(c)(12) and as such, is described as a "Benevolent Life Insurance Association, Mutual Ditch or Irrigation Company, Mutual or Cooperative Telephone Company" by the IRS.
For the year ending 06/2024, Sagadahoc Heating Association generated $114.6k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.3%) each year. All expenses for the organization totaled $94.1k during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by (3.5%) per year over the past 6 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
2024
Describe the Organization's Program Activity:
Part 3
SAGADAHOC HEATING ACCOCIAITON SUPPLIED HEAT TO EIGHTBUILDINGS IN DOWNTOWN BATH, ME.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Benjamin St John Director & President | 0.25 | $0 | |
Jenny Burch Secretary/clerk | 0.25 | $0 | |
Sean Ireland Director | 0.25 | $0 | |
Anna Charlotte Director | 0.25 | $0 | |
Betsy Fear Director & Treasurer | 0.25 | $0 | |
Name Not Listed Director | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $114,610 |
| Investment income | $11 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $114,621 |
| 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 | $2,552 |
| Occupancy, rent, utilities, and maintenance | $15,546 |
| Printing, publications, postage, and shipping | $75 |
| Other expenses | $75,921 |
| Total expenses | $94,094 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $32,199 |
| Other assets | $0 |
| Total assets | $36,628 |
| Total liabilities | $0 |
| Net assets or fund balances | $36,628 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Traders4acause Windham, NH | $293,217 | $557,084 |
Londonderry Fish And Game Club Londonderry, NH | $1,222,534 | $249,604 |
Sagadahoc Heating Association Bath, ME | $36,628 | $0 |
Stephen W Manchester Post 62 American Legion Inc Westbrook, ME | $88,608 | $0 |
Ams Title Company Brunswick, ME | $1,668,671 | $56,883 |