Marina Del Rey Lessees Association is located in Panorama City, CA. The organization was established in 1973. 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. Marina Del Rey Lessees Association 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, Marina Del Rey Lessees Association generated $184.0k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 1.0% each year. All expenses for the organization totaled $202.4k during the year ending 12/2023. While expenses have increased by 2.2% per year over the past 9 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
THE ORGANIZATION HOLDS MEETINGS TO INFORM MEMBERS OF NEW DEVELOPMENTS IN THE COMMUNITY, AS WELL AS PROVIDE A FORUM FOR MEMBERS TO DISSEMINATE INFORMATION TO BE COMMUNICATED TO COUNTY OFFICIALS AND GOVERNMENT REPRESENTATIVES.
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $174,200 |
| Total Program Service Revenue | $9,822 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $184,022 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $118,200 |
| Professional fees and other payments to independent contractors | $62,641 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $21,524 |
| Total expenses | $202,365 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $30,491 |
| Other assets | $0 |
| Total assets | $30,491 |
| Total liabilities | $0 |
| Net assets or fund balances | $30,491 |