Civic Intelligence

Sorrento Village Improvement Association

EIN 01-0162690 • 501(c)7 • Sorrento, ME

Profile

Provide community activities to the Town of Sorrento, Maine.

PO Box 343Sorrento, ME 04677-0343

www.sorrentovia.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

33rd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)7 • $500k-$1M nonprofits • Source year 2025

Liabilities / Revenue

34th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)7 • $500k-$1M nonprofits • Source year 2025

Net Margin

9th percentile

-18%

Higher net margin than 9% of similar nonprofits.

501(c)7 • $500k-$1M nonprofits • Source year 2025

Top Officer Pay

89th percentile

$0

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)7 • $500k-$1M nonprofits • Source year 2025

Asset Growth

18th percentile

-6.6%

Faster asset growth than 18% of similar nonprofits.

501(c)7 • $500k-$1M nonprofits • Annualized from 2024 to 2025

Revenue Growth

46th percentile

3.2%

Faster revenue growth than 46% of similar nonprofits.

501(c)7 • $500k-$1M nonprofits • Annualized from 2024 to 2025

Assets

Down

$735,894

Down $51,918 (-6.6%) from 2024

Liabilities

Flat

$0

Flat from 2024

Net Assets

Down

$735,894

Down $51,918 (-6.6%) from 2024

Revenue

Up

$286,680

Up $8,807 (+3.2%) from 2024

Expenses

Up

$338,598

Up $75,000 (+28%) from 2024

Net Income

Down

-$51,918

Down $66,193 (-464%) from 2024

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.0M$500K$0Assets 2011: $558,817Liabilities 2011: $0Net Assets 2011: $558,8172011Assets 2012: $545,592Liabilities 2012: $0Net Assets 2012: $545,5922012Assets 2013: $552,416Liabilities 2013: $0Net Assets 2013: $552,4162013Assets 2014: $541,245Liabilities 2014: $0Net Assets 2014: $541,2452014Assets 2015: $510,901Liabilities 2015: $0Net Assets 2015: $510,9012015Assets 2016: $585,359Liabilities 2016: $0Net Assets 2016: $585,3592016Assets 2017: $671,187Liabilities 2017: $0Net Assets 2017: $671,1872017Assets 2018: $674,743Liabilities 2018: $0Net Assets 2018: $674,7432018Assets 2019: $678,100Liabilities 2019: $0Net Assets 2019: $678,1002019Assets 2020: $735,425Liabilities 2020: $0Net Assets 2020: $735,4252020Assets 2021: $769,804Liabilities 2021: $0Net Assets 2021: $769,8042021Assets 2022: $863,686Liabilities 2022: $0Net Assets 2022: $863,6862022Assets 2023: $773,537Liabilities 2023: $0Net Assets 2023: $773,5372023Assets 2024: $787,812Liabilities 2024: $0Net Assets 2024: $787,8122024Assets 2025: $735,894Liabilities 2025: $0Net Assets 2025: $735,8942025

Highlighted filing

2025

Assets$735,894
Liabilities$0
Net Assets$735,894

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$600K$400K$200K$0-$200KRevenue 2011: $164,633Expenses 2011: $153,409Net Income 2011: $11,2242011Revenue 2012: $151,931Expenses 2012: $156,156Net Income 2012: -$4,2252012Revenue 2013: $169,843Expenses 2013: $163,019Net Income 2013: $6,8242013Revenue 2014: $163,751Expenses 2014: $174,922Net Income 2014: -$11,1712014Revenue 2015: $164,366Expenses 2015: $194,710Net Income 2015: -$30,3442015Revenue 2016: $305,586Expenses 2016: $231,129Net Income 2016: $74,4572016Revenue 2017: $267,235Expenses 2017: $181,407Net Income 2017: $85,8282017Revenue 2018: $199,104Expenses 2018: $213,647Net Income 2018: -$14,5432018Revenue 2019: $245,264Expenses 2019: $241,907Net Income 2019: $3,3572019Revenue 2020: $209,177Expenses 2020: $154,185Net Income 2020: $54,9922020Revenue 2021: $241,212Expenses 2021: $206,790Net Income 2021: $34,4222021Revenue 2022: $318,279Expenses 2022: $224,397Net Income 2022: $93,8822022Revenue 2023: $340,072Expenses 2023: $430,220Net Income 2023: -$90,1482023Revenue 2024: $277,873Expenses 2024: $263,598Net Income 2024: $14,2752024Revenue 2025: $286,680Expenses 2025: $338,598Net Income 2025: -$51,9182025

Highlighted filing

2025

Revenue$286,680
Expenses$338,598
Net Income-$51,918

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$7.36$0.00$7.36$2.87$3.39$0.52
2024Detailed filing. Detailed filing data is available for this year.$7.88$0.00$7.88$2.78$2.64$0.14
2023Detailed filing. Detailed filing data is available for this year.$7.74$0.00$7.74$3.40$4.30$0.90
2022Detailed filing. Detailed filing data is available for this year.$8.64$0.00$8.64$3.18$2.24$0.94
2021Detailed filing. Detailed filing data is available for this year.$7.70$0.00$7.70$2.41$2.07$0.34
2020Detailed filing. Detailed filing data is available for this year.$7.35$0.00$7.35$2.09$1.54$0.55
2019Summary only. Only limited summary data is available for this year.$6.78$0.00$6.78$2.45$2.42$0.03
2018Summary only. Only limited summary data is available for this year.$6.75$0.00$6.75$1.99$2.14$0.15
2017Summary only. Only limited summary data is available for this year.$6.71$0.00$6.71$2.67$1.81$0.86
2016Summary only. Only limited summary data is available for this year.$5.85$0.00$5.85$3.06$2.31$0.74
2015Summary only. Only limited summary data is available for this year.$5.11$0.00$5.11$1.64$1.95$0.30
2014Summary only. Only limited summary data is available for this year.$5.41$0.00$5.41$1.64$1.75$0.11
2013Summary only. Only limited summary data is available for this year.$5.52$0.00$5.52$1.70$1.63$0.07
2012Summary only. Only limited summary data is available for this year.$5.46$0.00$5.46$1.52$1.56$0.04
2011Summary only. Only limited summary data is available for this year.$5.59$0.00$5.59$1.65$1.53$0.11
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2025 to Dec 31, 2025
Signed
Mar 12, 2026
Return Version
2025v4.0
Gross Receipts
$293,909
Mission and Program Overview

Mission

Provide community activities to the Town of Sorrento, Maine.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$787,812$735,894▼ $51,918
Land, Buildings, and Equipment, Net$446,825$446,825→ $0
Savings and Temporary Cash Investments$340,987$289,069▼ $51,918
Cash and Non-Interest-Bearing Accounts$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$787,812$735,894▼ $51,918
Liabilities
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$787,812$735,894▼ $51,918
Total Liabilities and Net Assets / Fund Balance$787,812$735,894▼ $51,918

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$63,598$0$0
Other Land Buildings$0$0$0
Land$300,000-$0
Equipment$83,227$0$0
Leasehold Improvements$0$0$0
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$199,738
Program Service Revenue
$65,236
Investment Income
$13,845
Other Revenue
$7,861
All Other Contributions
$209
Change in Net Assets
$-51,918
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$224,704
Salaries, Compensation, and Employee Benefits$113,894
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$0$103,515$0$103,515
Fees for Services Other$0$25,866$0$25,866
Insurance$0$17,004$0$17,004
Office Expenses$0$12,146$0$12,146
Occupancy$0$11,900$0$11,900
Payroll Taxes$0$10,379-$10,379
Other Expenses$9,284$0$0$9,284
All Other Expenses-$8,080-$8,080
Information Technology$0$588$0$588
Advertising$0$408$0$408
Total Functional Expenses$148,712$189,886$0$338,598
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

Form 990 is completed by the Treasurer and submitted to the Finance Committee for review and approval prior to submission to the IRS

Form 990, Part VI, Section C, Line 19

No documents are available to the general public

Filing and Contact Details

Filer

Filer Name
Sorrento Village Improvement Association
EIN
01-0162690
Phone
5082801462
Address
PO Box 343, Sorrento, ME 04677-0343

Signing Officer

Name
Richard Mayzel
Title
Treasurer
Phone
5082801462
Signed
2026-03-12

Organization Details

Principal Officer
Richard Mayzel
Formed
1916
Legal Domicile
Me
Voting Board Members
10
Independent Board Members
10
Employees
28
Volunteers
0
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Fee for Service Total = $25,866; Timothy Guyette - $10,880; Joseph Haroutunian - $6,980; Josh Warren - $2,850; Kevin Conley - $1,320; Fox Forestry LLC - $3,836

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IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembershipDuesAmt0199369
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0Provide community activities to the Town of Sorrento, Maine.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt00
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt00
IRS990/NetAssetsOrFundBalancesBOYAmt0787812
IRS990/NetAssetsOrFundBalancesEOYAmt0735894
IRS990/NetIncomeOrLossGrp/ExclusionAmt00
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt07861
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt07861
IRS990/NetIncomeOrLossGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NoncashContributionsAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt00
IRS990/OccupancyGrp/ManagementAndGeneralAmt011900
IRS990/OccupancyGrp/ProgramServicesAmt00
IRS990/OccupancyGrp/TotalAmt011900
IRS990/OfficeExpensesGrp/FundraisingAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt012146
IRS990/OfficeExpensesGrp/ProgramServicesAmt00
IRS990/OfficeExpensesGrp/TotalAmt012146
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0Yacht Club
IRS990/OtherExpensesGrp/Desc1Golf Course
IRS990/OtherExpensesGrp/Desc2Pool
IRS990/OtherExpensesGrp/Desc3All Other Expenses
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/FundraisingAmt30
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt10
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt20
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt30
IRS990/OtherExpensesGrp/ProgramServicesAmt074005
IRS990/OtherExpensesGrp/ProgramServicesAmt160235
IRS990/OtherExpensesGrp/ProgramServicesAmt25188
IRS990/OtherExpensesGrp/ProgramServicesAmt39284
IRS990/OtherExpensesGrp/TotalAmt074005
IRS990/OtherExpensesGrp/TotalAmt160235
IRS990/OtherExpensesGrp/TotalAmt25188
IRS990/OtherExpensesGrp/TotalAmt39284
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt00
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0103515
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt0103515
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt010379
IRS990/PayrollTaxesGrp/ProgramServicesAmt00
IRS990/PayrollTaxesGrp/TotalAmt010379
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0Richard Mayzel
IRS990/PriorPeriodAdjustmentsAmt00
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0713910
IRS990/ProgramServiceRevenueGrp/Desc0Public Golf Course
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt065236
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt065236
IRS990/ProgSrvcAccomActy2Grp/Desc0Members and the public have access to the golf course. Members pay an annual fee which includes the golf club. The public pays either an annual membership fee or daily green fees to utilize the golf club.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt060235
IRS990/ProgSrvcAccomActy2Grp/GrantAmt00
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt00
IRS990/ProgSrvcAccomActy3Grp/Desc0Members have access to use the pool. Members pay an annual fee which includes the pool.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt05188
IRS990/ProgSrvcAccomActy3Grp/GrantAmt00
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt00
IRS990/ProgSrvcAccomActyOtherGrp/Desc0Other program services include Tennis, Pickleball, and Croquet. Member have access to use these services. Members pay an annual fee which includes these services.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt09284
IRS990/ProgSrvcAccomActyOtherGrp/GrantAmt00
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0208933
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt012602
IRS990/PYOtherExpensesAmt0176492
IRS990/PYOtherRevenueAmt01404
IRS990/PYProgramServiceRevenueAmt054934
IRS990/PYRevenuesLessExpensesAmt014275
IRS990/PYSalariesCompEmpBnftPaidAmt087106
IRS990/PYTotalExpensesAmt0263598
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0277873
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-51918
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt00
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt00
IRS990/RoyaltiesRevenueGrp/ExclusionAmt00
IRS990/RoyaltiesRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RoyaltiesRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0787812
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0735894
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0340987
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0289069
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt063598
IRS990ScheduleD/BuildingsGrp/DepreciationAmt00
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt063598
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/EquipmentGrp/BookValueAmt083227
IRS990ScheduleD/EquipmentGrp/DepreciationAmt00
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt083227
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/LandGrp/BookValueAmt0300000
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt0300000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0446825
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Form 990 is completed by the Treasurer and submitted to the Finance Committee for review and approval prior to submission to the IRS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1No documents are available to the general public
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Fee for Service Total = $25,866; Timothy Guyette - $10,880; Joseph Haroutunian - $6,980; Josh Warren - $2,850; Kevin Conley - $1,320; Fox Forestry LLC - $3,836

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