Clear Ridge Road Maintenance Association is located in Big Sur, CA. The organization was established in 2000. According to its NTEE Classification (Y22) the organization is classified as: Local Benevolent Life Insurance Associations, 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. Clear Ridge Road Maintenance 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 12/2023, Clear Ridge Road Maintenance Association generated $132.6k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 10.8% each year . All expenses for the organization totaled $113.5k 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
MAINTENANCE AND REPAIR OF 7 MILES OF RURAL ROAD USED IN COMMON BY 42 MEMBERS (RESIDENTS)
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Iain Lamb President | 1 | $0 | |
James Betts MD Vice President | 1 | $0 | |
Sydney Ocean Secretary | 2 | $0 | |
Melina Mara Treasurer | 1 | $0 | |
Nick Fanoe Director | 1 | $0 | |
John Fowler Director | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $132,104 |
| Membership dues | $0 |
| Investment income | $538 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $132,642 |
| 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 | $60,717 |
| Occupancy, rent, utilities, and maintenance | $48,865 |
| Printing, publications, postage, and shipping | $356 |
| Other expenses | $3,522 |
| Total expenses | $113,460 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $275,285 |
| Other assets | $0 |
| Total assets | $275,285 |
| Total liabilities | $0 |
| Net assets or fund balances | $275,285 |