SUMMER RESIDENTS ASSOCIATION-TOWN OF MOUNT DESERT INC

NE HARBOR, ME, 04662-0142 Est. 2005 EIN 01-0457674
L50— Housing & Shelter Form 990 501(c)(4)

Mission

PROVIDE AN EFFECTIVE MEANS OF COMMUNICATION BETWEEN THE SUMMER RESIDENTS AND THE TOWN LEADERSHIP ON ISSUES THAT CONCERN THE CURRENT AND FUTURE WELL BEING OF THE TOWN OF MOUNT DESERT, ME. THE BOARD OF DIRECTORS OF THE ORGANIZATION SEEKS TO REPRESENT THE VIEWS OF THE SUMMER RESIDENTS AND TO KEEP THEM INFORMED OF, AND INVOLVED IN, THE TOWN PLANNING PROCESS ON CURRENT AND FUTURE ISSUES AND TO BE A CONSTRUCTIVE VOICE OF THE SUMMER RESIDENTS WITH THE TOWN GOVERNMENT, WORKING CLOSELY WITH THE TOWN LEADERS TO PRESERVE AND PROTECT THE UNIQUE CHARACTER, CULTURE, ENVIRONMENT, AND QUALITY OF LIFE OF THE TOWN.

Giving Portfolio

Total Grants
2
Total Giving
$41K
Recipients
2
Years Active
2020 - 2021
Avg grant: $20,497 Median: $20,497

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
20211$31K $31K10
20201$10K $10K10

Sectors Funded

Health Care
1

Top States

Maine
2

Grantee Size Profile

Over $50M
1

Top Grantees

Grants Awarded · 1 grants

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Financials

Total Revenue
$10,550
Total Expenses
$9,795
Net Assets
$58,687
From latest filing (tax period ending 2022-12-31)

Financial Health

Year-over-Year Change
Expenses ↓ 74.7%
Revenue Sources
Contributions 49.8% Earned revenue 46.2% Investment 4.0%

Officers & Trustees (11)

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Filing History (3 filings)

YearRevenueExpensesNet Assets
2022 Form 990
Jan 1, 2022 to Dec 31, 2022
$10,550 $9,795$58,687
2021 Form 990
Jan 1, 2021 to Dec 31, 2021
$9,896 $38,789$57,932
2020 Form 990
Jan 1, 2020 to Dec 31, 2020
$1,011,131 $1,028,174$86,825

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EIN: 01-0457674 · Source: IRS Form 990 e-file data