Silver Beach Improvement Association Inc

“Expenses liability insurance 12,467 workers compensation 1,166 real estate taxes 2,579 beach expense 4,459 licenses and permits 85 membership expense 742 utilities 103 office expense 1,417 program services expense 14,558 repairs and replacements 9,038 bank fees 2,782 equipment supplies 3,111 donations 416 payroll service 393 engineering expense 775 mooring fee 100 interest expense 2,556 total 56,747”

“LINE OF CREDIT 0 79,000”

“To maintain beach, provide lifeguards, swim lessons, maintain tennis court. Conduct children's social events including movies, cookouts, arts and crafts, dances and etc., periodic membership meetings and social events to improve silver beach.”

“Periodic meetings and social events are provided to members for a nominal fee. The events further the organizations exempt purpose by keeping members informed of beach services and children's activities including swim lessons, arts and crafts and water safety procedures. Association logo hats and shirts, primarily for children, are sold at a nominal cost to further goodwill and encourage membership participation. Events include movies, cookouts, children dances,games, and other evetns open to all association members and families. All proceeds are used to maintain beach and tennis courts.”