The Rmoa Business Association Inc Rba
- Assets
- $12.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Bowie, MD
- Founding
- 02/1997
- Data as of
- 12/2021
- EIN
- 54-1802664
Organization Overview
The Rmoa Business Association Inc Rba is located in Bowie, MD. The organization was established in 1997. According to its NTEE Classification (I03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Crime & Legal-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rmoa Business Association Inc Rba is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2021, Rmoa Business Association Inc Rba generated $28.8k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.2% each year. All expenses for the organization totaled $26.9k during the year ending 12/2021. While expenses have increased by 7.3% per year over the past 6 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
2021
Describe the Organization's Program Activity:
Part 3
RMOA BUSINESS ASSOCIATION (RBA) HOLDS MONTHLY MEMBERSHIP MEETINGS FEATURING GUEST SPEAKERS THAT PROVIDE INFORMATION ON STARTING AND GROWING A SMALL BUSINESS. THE MEETINGS ALSO OFFER MENTORSHIP OPPORTUNITIES. THE ORGANIZATION GAVE MONEY TOWARDS A JROTC SUMMER ACTIVITY PROGRAM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mgr Phillip Churn President | 1 | $0 | |
Xavier Bruce Vice President | 1 | $0 | |
Mr Norris Middleton Treasurer | 1 | $0 | |
Eric Cash Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,400 |
| Total Program Service Revenue | $0 |
| Membership dues | $21,000 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $2,892 |
| Other Revenue | $3,504 |
| Total Revenue | $28,796 |
| 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 | $15,612 |
| Occupancy, rent, utilities, and maintenance | $3,526 |
| Printing, publications, postage, and shipping | $463 |
| Other expenses | $7,311 |
| Total expenses | $26,912 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $12,697 |
| Other assets | $0 |
| Total assets | $12,697 |
| Total liabilities | $0 |
| Net assets or fund balances | $12,697 |