Civic Intelligence

Grindstone Association

990 • Fiscal year 2022 • EIN 01-0202445

Jan 01, 2022 to Dec 31, 2022 • Filed on May 01, 2023

Organization ProfileN/A
PO Box 12Winter Harbor, ME 04693

(207) 610-9440

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

19th percentile

0.00x

Higher debt load relative to assets than 19% of similar nonprofits.

2022 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

24th percentile

0.02x

Higher debt load relative to revenue than 24% of similar nonprofits.

2022 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2022

Net Margin

82nd percentile

22%

Higher net margin than 82% of similar nonprofits.

2022 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2022 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2022

Asset Growth

5th percentile

-13%

Faster asset growth than 5% of similar nonprofits.

2022 filings • 501(c)7 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

27th percentile

-0.5%

Faster revenue growth than 27% of similar nonprofits.

2022 filings • 501(c)7 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets19th percentile

Assets

Down

$4,306,070

Down $643,253 (-13%) from 2021

Net Assets

Down

$4,289,373

Down $632,841 (-13%) from 2021

Liabilities

Down

$16,697

Down $10,412 (-38%) from 2021

Revenue And Expenses
Liabilities / Revenue24th percentileNet Margin82nd percentile

Revenue

Down

$673,810

Down $3,309 (-0.5%) from 2021

Expenses

Up

$522,456

Up $46,940 (+9.9%) from 2021

Net Income

Down

$151,354

Down $50,249 (-25%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth5th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$8.0M$6.0M$4.0M$2.0M$0Assets 2011: $2,440,992Liabilities 2011: $10,630Net Assets 2011: $2,430,3622011Assets 2012: $2,607,221Liabilities 2012: $1,127Net Assets 2012: $2,606,0942012Assets 2013: $3,003,571Liabilities 2013: $5,856Net Assets 2013: $2,997,7152013Assets 2014: $3,236,207Liabilities 2014: $5,327Net Assets 2014: $3,230,8802014Assets 2015: $3,217,264Liabilities 2015: $98,999Net Assets 2015: $3,118,2652015Assets 2016: $3,292,555Liabilities 2016: $27,403Net Assets 2016: $3,265,1522016Assets 2017: $3,558,926Liabilities 2017: $9,369Net Assets 2017: $3,549,5572017Assets 2018: $3,449,735Liabilities 2018: $32,745Net Assets 2018: $3,416,9902018Assets 2019: $3,795,752Liabilities 2019: $9,500Net Assets 2019: $3,786,2522019Assets 2020: $4,344,194Liabilities 2020: $3,425Net Assets 2020: $4,340,7692020Assets 2021: $4,949,323Liabilities 2021: $27,109Net Assets 2021: $4,922,2142021Assets 2022: $4,306,070Liabilities 2022: $16,697Net Assets 2022: $4,289,3732022Assets 2023: $5,832,293Liabilities 2023: $5,516Net Assets 2023: $5,826,7772023Assets 2024: $6,738,121Liabilities 2024: $33,472Net Assets 2024: $6,704,6492024

Highlighted filing

2022

Assets$4,306,070
Liabilities$16,697
Net Assets$4,289,373
Open 2022 Filing

Operations Trend

Revenue Growth27th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.5M$1.0M$500K$0-$500KRevenue 2011: $393,558Expenses 2011: $319,294Net Income 2011: $74,2642011Revenue 2012: $392,750Expenses 2012: $313,116Net Income 2012: $79,6342012Revenue 2013: $413,687Expenses 2013: $320,638Net Income 2013: $93,0492013Revenue 2014: $409,377Expenses 2014: $357,741Net Income 2014: $51,6362014Revenue 2015: $633,159Expenses 2015: $434,703Net Income 2015: $198,4562015Revenue 2016: $409,228Expenses 2016: $385,408Net Income 2016: $23,8202016Revenue 2017: $479,855Expenses 2017: $421,169Net Income 2017: $58,6862017Revenue 2018: $575,423Expenses 2018: $403,364Net Income 2018: $172,0592018Revenue 2019: $480,828Expenses 2019: $415,411Net Income 2019: $65,4172019Revenue 2020: $384,294Expenses 2020: $400,564Net Income 2020: -$16,2702020Revenue 2021: $677,119Expenses 2021: $475,516Net Income 2021: $201,6032021Revenue 2022: $673,810Expenses 2022: $522,456Net Income 2022: $151,3542022Revenue 2023: $1,416,740Expenses 2023: $499,086Net Income 2023: $917,6542023Revenue 2024: $918,919Expenses 2024: $689,078Net Income 2024: $229,8412024

Highlighted filing

2022

Revenue$673,810
Expenses$522,456
Net Income$151,354
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
May 1, 2023
Return Version
2022v5.0
Gross Receipts
$811,580
Mission and Program Overview

Mission

Social club

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$3,612,776$2,732,717▼ $880,059
Investments Other Securities$716,297$865,708▲ $149,411
Land, Buildings, and Equipment, Net$457,231$592,261▲ $135,030
Cash and Non-Interest-Bearing Accounts$142,635$97,742▼ $44,893
Prepaid Expenses and Deferred Charges$6,606$10,622▲ $4,016
Accounts Receivable$13,778$7,020▼ $6,758
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$4,949,323$4,306,070▼ $643,253
Other Assets Total-$0-
Liabilities
Other Liabilities$23,449$12,147▼ $11,302
Accounts Payable and Accrued Expenses$3,660$4,550▲ $890
Total Liabilities$27,109$16,697▼ $10,412
Net Assets / Fund Balance
Net Assets With Donor Restrictions$4,608,407$4,069,356▼ $539,051
Net Assets Without Donor Restrictions$313,807$220,017▼ $93,790
Total Net Assets Fund Balance$4,922,214$4,289,373▼ $632,841
Total Liabilities and Net Assets / Fund Balance$4,949,323$4,306,070▼ $643,253

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$734,193-$734,193
Leasehold Improvements$575,833-$575,833
Land$284,219-$284,219
Buildings$99,550-$99,550
Other Land Buildings$-1,101,534$1,101,534-

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2022$4,193,701-▼ $530,148$201,900$3,461,653
2021$3,657,913-▲ $584,788$49,000$4,193,701
2020$3,114,761-▲ $543,161$9$3,657,913
2019$2,684,495-▲ $430,286$20$3,114,761
2018$2,795,857-▼ $111,290$72$2,684,495
Compensation and Service Providers
Top Officer Pay78th percentile

Board Members and Trustees

NameTitle
Ellin MillerPresident
Chandler WilliamsVice President
Amanda NicholsDirector
Christine DickDirector
Greg HodgesDirector
Jack SwopeDirector
Nathaniel ReedDirector
Nicole Kirchoff SargentDirector
Priscilla LukensDirector
Robert HatcherDirector
Theodore MurphyDirector
Marian IdeSecretary
Stephen MyersTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$25
Program Service Revenue
$418,255
Investment Income
$255,530
Other Revenue
$0
All Other Contributions
$25
Change in Net Assets
$151,354
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$299,142
Salaries, Compensation, and Employee Benefits$223,314
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$205,783--$205,783
Occupancy$110,640--$110,640
Depreciation Depletion$52,466--$52,466
Insurance$19,968--$19,968
Payroll Taxes$17,531--$17,531
Fees for Services Accounting-$12,973-$12,973
Fees for Services Other$5,839--$5,839
Other Expenses$5,056$8,638-$5,056
Office Expenses-$1,464-$1,464
All Other Expenses-$207-$207
Total Functional Expenses$449,372$73,084$0$522,456
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
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
State Income Tax Payable$1,758
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
Yes
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 A, Line 6

“The members represent people from the State of Maine and across the country vacationing in the Winter Harbor, Maine area that pay membership dues in order to help maintain and upkeep the Association's facilities. As a result of paying those membership dues, the members are allowed to use the Association's facilities for the purpose of social interaction and fellowship.”

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

“The President and Treasurer review the 990 before it is signed and filed. The governing body members are spread throughout the United States, making it difficult to have them review the 990 before it is filed. The Association makes every attempt to get the 990 filed timely. Once the 990 is completed, a copy is sent to all officers for their review. If they have any questions, they contact the Treasurer, who in turns answers the question or gets an answer to the question.”

Form 990, Part VI, Section C, Line 19

“Upon request, copies of the documents will be supplied to the public”

Filing and Contact Details

Filer

Filer Name
Grindstone Association
EIN
01-0202445
Phone
2076109440
Address
PO Box 12, Winter Harbor, ME 04693

Signing Officer

Name
Stephen Myers
Title
Treasurer
Signed
2023-05-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Stephen Myers
Formed
1948
Legal Domicile
Me
Voting Board Members
13
Independent Board Members
0
Employees
20

Preparer

Firm
James W Wadman CPA
Address
295 MAIN ST, ELLSWORTH, ME 04605
Preparer
James W Wadman CPA
Phone
2076676500
Supplemental Narrative

Financial Statement Notes

Part V, Line 4: Intended uses of the endowment fund.

“There are two endowment funds - a $1,000,000 permanent endowment, with a fair market value of $2,704,582. The $1,704,582 of income earned is treated as a temporarily restricted asset and is to be used for the operation and maintenance of the swimming pool, pool house and parking lot and a $1,489,119 temporarily restricted endowment that the $989,119 of income and the $500,000 of principal may be used for capital repair and replacement of existing facilities, including the swimming pool, pool house and parking lot.”

Raw XML AppendixShowing 400 of 513 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0true
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt03660
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt04550
IRS990/AccountsReceivableGrp/BOYAmt013778
IRS990/AccountsReceivableGrp/EOYAmt07020
IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0Social club
IRS990/AdvertisingGrp/TotalAmt00
IRS990/AllOtherContributionsAmt025
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt0207
IRS990/AllOtherExpensesGrp/TotalAmt0207
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0Michelle Smith
IRS990/BooksInCareOfDetail/PhoneNum02076109440
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO Box 32
IRS990/BooksInCareOfDetail/USAddress/CityNm0Birch Harbor
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0ME
IRS990/BooksInCareOfDetail/USAddress/ZIPCd004613
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0142635
IRS990/CashNonInterestBearingGrp/EOYAmt097742
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt00
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt025
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0255530
IRS990/CYOtherExpensesAmt0299142
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0418255
IRS990/CYRevenuesLessExpensesAmt0151354
IRS990/CYSalariesCompEmpBnftPaidAmt0223314
IRS990/CYTotalExpensesAmt0522456
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0673810
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt052466
IRS990/DepreciationDepletionGrp/TotalAmt052466
IRS990/Desc0Activities promote the social interaction and fellowship of members
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt04608407
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt04069356
IRS990/DonorRstrOrQuasiEndowmentsInd0true
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt020
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/ExpenseAmt0449372
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt012973
IRS990/FeesForServicesAccountingGrp/TotalAmt012973
IRS990/FeesForServicesLegalGrp/TotalAmt00
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt05839
IRS990/FeesForServicesOtherGrp/TotalAmt05839
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt80.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt90.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt100.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt110.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt120.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt70.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt80.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt90.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt100.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt110.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt120.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/PersonNm0Ellin Miller
IRS990/Form990PartVIISectionAGrp/PersonNm1Chandler Williams
IRS990/Form990PartVIISectionAGrp/PersonNm2Stephen Myers
IRS990/Form990PartVIISectionAGrp/PersonNm3Marian Ide
IRS990/Form990PartVIISectionAGrp/PersonNm4Nathaniel Reed
IRS990/Form990PartVIISectionAGrp/PersonNm5Amanda Nichols
IRS990/Form990PartVIISectionAGrp/PersonNm6Theodore Murphy
IRS990/Form990PartVIISectionAGrp/PersonNm7Robert Hatcher
IRS990/Form990PartVIISectionAGrp/PersonNm8Christine Dick
IRS990/Form990PartVIISectionAGrp/PersonNm9Greg Hodges
IRS990/Form990PartVIISectionAGrp/PersonNm10Jack Swope
IRS990/Form990PartVIISectionAGrp/PersonNm11Priscilla Lukens
IRS990/Form990PartVIISectionAGrp/PersonNm12Nicole Kirchoff Sargent
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/TitleTxt0President
IRS990/Form990PartVIISectionAGrp/TitleTxt1Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt2Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt3Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
IRS990/Form990PartVIISectionAGrp/TitleTxt10Director
IRS990/Form990PartVIISectionAGrp/TitleTxt11Director
IRS990/Form990PartVIISectionAGrp/TitleTxt12Director
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/Form990TFiledInd0true
IRS990/FormationYr01948
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/SecuritiesAmt0169542
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt013
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0307312
IRS990/GrossReceiptsAmt0811580
IRS990/GrossReceiptsForPublicUseAmt074405
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt00
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartVInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InitiationFeesAndCapContriAmt03200
IRS990/InsuranceGrp/ProgramServicesAmt019968
IRS990/InsuranceGrp/TotalAmt019968
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt085988
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt085988
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt0716297
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt0865708
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt03612776
IRS990/InvestmentsPubTradedSecGrp/EOYAmt02732717
IRS990/IRPDocumentCnt07
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01101534
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0457231
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0592261
IRS990/LandBldgEquipCostOrOtherBssAmt01693795
IRS990/LegalDomicileStateCd0ME
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0137770
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0Social club
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt04922214
IRS990/NetAssetsOrFundBalancesEOYAmt04289373
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0169542
IRS990/NetGainOrLossInvestmentsGrp/UnrelatedBusinessRevenueAmt0169542
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetUnrelatedBusTxblIncmAmt0237152
IRS990/NetUnrlzdGainsLossesInvstAmt0-784195
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0313807
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0220017
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt0110640
IRS990/OccupancyGrp/TotalAmt0110640
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01464
IRS990/OfficeExpensesGrp/TotalAmt01464
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0Federal Income Tax
IRS990/OtherExpensesGrp/Desc1Supplies
IRS990/OtherExpensesGrp/Desc2State Income Tax
IRS990/OtherExpensesGrp/Desc3Miscellaneous
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt049802
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt18638
IRS990/OtherExpensesGrp/ProgramServicesAmt032089
IRS990/OtherExpensesGrp/ProgramServicesAmt15056
IRS990/OtherExpensesGrp/TotalAmt049802
IRS990/OtherExpensesGrp/TotalAmt132089
IRS990/OtherExpensesGrp/TotalAmt28638
IRS990/OtherExpensesGrp/TotalAmt35056
IRS990/OtherLiabilitiesGrp/BOYAmt023449
IRS990/OtherLiabilitiesGrp/EOYAmt012147
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0205783
IRS990/OtherSalariesAndWagesGrp/TotalAmt0205783
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/ProgramServicesAmt017531
IRS990/PayrollTaxesGrp/TotalAmt017531
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt06606
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt010622
IRS990/PrincipalOfficerNm0Stephen Myers
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0Greens/Pool/Tennis Fees
IRS990/ProgramServiceRevenueGrp/Desc1Initiation Fees
IRS990/ProgramServiceRevenueGrp/Desc2Membership Dues & Assessments
IRS990/ProgramServiceRevenueGrp/Desc3Other Income
IRS990/ProgramServiceRevenueGrp/Desc4Support Fee
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt015978
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt13200
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2320800
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt33872
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt089233
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt13200
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2320800
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt33872
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt41150
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt073255
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt11150
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt070000
IRS990/PYInvestmentIncomeAmt0205013
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0282198
IRS990/PYProgramServiceRevenueAmt0402106
IRS990/PYRevenuesLessExpensesAmt0201603
IRS990/PYSalariesCompEmpBnftPaidAmt0193318
IRS990/PYTotalExpensesAmt0475516
IRS990/PYTotalRevenueAmt0677119
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0151354
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0true
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0418255
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt099550
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt099550
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt04193701
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt03461653
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-530148
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt0201900
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt03657913
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt04193701
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0584788
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt049000
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt03114761
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt03657913
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0543161
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt09
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt02684495
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt03114761
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0430286
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt020
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt02795857
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt02684495
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-111290
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/OtherExpendituresAmt072
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt0734193
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0734193
IRS990ScheduleD/FederalIncomeTaxLiabilityAmt010389
IRS990ScheduleD/LandGrp/BookValueAmt0284219
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0284219
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0575833
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0575833
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0-1101534
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt01101534
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01758
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0State Income Tax Payable
IRS990ScheduleD/RelatedOrgListSchRInd0false
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0There are two endowment funds - a $1,000,000 permanent endowment, with a fair market value of $2,704,582. The $1,704,582 of income earned is treated as a temporarily restricted asset and is to be used for the operation and maintenance of the swimming pool, pool house and parking lot and a $1,489,119 temporarily restricted endowment that the $989,119 of income and the $500,000 of principal may be used for capital repair and replacement of existing facilities, including the swimming pool, pool house and parking lot.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part V, Line 4: Intended uses of the endowment fund.
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0592261
IRS990ScheduleD/TotalBookValueSecuritiesAmt0865708
IRS990ScheduleD/TotalLiabilityAmt012147
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The members represent people from the State of Maine and across the country vacationing in the Winter Harbor, Maine area that pay membership dues in order to help maintain and upkeep the Association's facilities. As a result of paying those membership dues, the members are allowed to use the Association's facilities for the purpose of social interaction and fellowship.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The President and Treasurer review the 990 before it is signed and filed. The governing body members are spread throughout the United States, making it difficult to have them review the 990 before it is filed. The Association makes every attempt to get the 990 filed timely. Once the 990 is completed, a copy is sent to all officers for their review. If they have any questions, they contact the Treasurer, who in turns answers the question or gets an answer to the question.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Upon request, copies of the documents will be supplied to the public
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, Line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section C, Line 19
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$4,306,070
Liabilities
$16,697
Net assets
$4,289,373
Revenue
$673,810
Expenses
$522,456
Net income
$151,354
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$6.74$0.03$6.70$0.92$0.69$0.23
2023Detailed filing. Detailed filing data is available for this year.$5.83$0.01$5.83$1.42$0.50$0.92
2022Detailed filing. Detailed filing data is available for this year.$4.31$0.02$4.29$0.67$0.52$0.15
2021Detailed filing. Detailed filing data is available for this year.$4.95$0.03$4.92$0.68$0.48$0.20
2020Detailed filing. Detailed filing data is available for this year.$4.34$0.00$4.34$0.38$0.40$0.02
2019Detailed filing. Detailed filing data is available for this year.$3.80$0.01$3.79$0.48$0.42$0.07
2018Detailed filing. Detailed filing data is available for this year.$3.45$0.03$3.42$0.58$0.40$0.17
2017Summary only. Only limited summary data is available for this year.$3.56$0.01$3.55$0.48$0.42$0.06
2016Detailed filing. Detailed filing data is available for this year.$3.29$0.03$3.27$0.41$0.39$0.02
2015Detailed filing. Detailed filing data is available for this year.$3.22$0.10$3.12$0.63$0.43$0.20
2014Detailed filing. Detailed filing data is available for this year.$3.24$0.01$3.23$0.41$0.36$0.05
2013Detailed filing. Detailed filing data is available for this year.$3.00$0.01$3.00$0.41$0.32$0.09
2012Summary only. Only limited summary data is available for this year.$2.61$0.00$2.61$0.39$0.31$0.08
2011Summary only. Only limited summary data is available for this year.$2.44$0.01$2.43$0.39$0.32$0.07