Civic Intelligence

Mastic Beach Property Owners' Association Inc

990 • Fiscal year 2015 • EIN 11-1806996

Jan 01, 2015 to Dec 31, 2015 • Filed on Jul 05, 2016

PO Box 212Mastic Beach, NY 11951

(631) 399-6111

Siviq Scores

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

Liabilities / Assets

59th percentile

0.20x

Higher debt load relative to assets than 59% of similar nonprofits.

2015 filings • NTEE L • <$500k nonprofits • Source year 2015

Liabilities / Revenue

34th percentile

0.02x

Higher debt load relative to revenue than 34% of similar nonprofits.

2015 filings • NTEE L • <$500k nonprofits • Source year 2015

Net Margin

82nd percentile

29%

Higher net margin than 82% of similar nonprofits.

2015 filings • NTEE L • <$500k nonprofits • Source year 2015

Top Officer Pay

73rd percentile

$0

Higher top officer pay than 73% of similar nonprofits.

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

2015 filings • NTEE L • <$500k nonprofits • Source year 2015

Asset Growth

96th percentile

141%

Faster asset growth than 96% of similar nonprofits.

2015 filings • NTEE L • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

24th percentile

-17%

Faster revenue growth than 24% of similar nonprofits.

2015 filings • NTEE L • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Up

$12,715

Up $7,437 (+141%) from 2014

Net Assets

Up

$10,150

Up $34,408 (+142%) from 2014

Liabilities

Down

$2,565

Down $26,971 (-91%) from 2014

Revenue

Down

$119,601

Down $25,254 (-17%) from 2014

Expenses

Down

$85,193

Down $74,055 (-47%) from 2014

Net Income

Up

$34,408

Up $48,801 (+339%) from 2014

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0-$200KAssets 2010: $37,727Liabilities 2010: $1,627Net Assets 2010: $36,1002010Assets 2011: $68,452Liabilities 2011: $1,290Net Assets 2011: $67,1622011Assets 2012: $27,092Liabilities 2012: $1,606Net Assets 2012: $25,4862012Assets 2013: $13,092Liabilities 2013: $22,957Net Assets 2013: -$9,8652013Assets 2014: $5,278Liabilities 2014: $29,536Net Assets 2014: -$24,2582014Assets 2015: $12,715Liabilities 2015: $2,565Net Assets 2015: $10,1502015Assets 2016: $88,091Liabilities 2016: $1,889Net Assets 2016: $86,2022016Assets 2017: $164,931Liabilities 2017: $4,068Net Assets 2017: $160,8632017Assets 2018: $176,424Liabilities 2018: $2,778Net Assets 2018: $173,6462018Assets 2019: $221,213Liabilities 2019: $2,489Net Assets 2019: $218,7242019Assets 2020: $265,424Liabilities 2020: $1,660Net Assets 2020: $263,7642020Assets 2021: $473,353Liabilities 2021: $92,138Net Assets 2021: $381,2152021Assets 2022: $452,873Liabilities 2022: $1,952Net Assets 2022: $450,9212022Assets 2023: $460,965Liabilities 2023: $6,567Net Assets 2023: $454,3982023Assets 2024: $503,393Liabilities 2024: $2,415Net Assets 2024: $500,9782024

Highlighted filing

2015

Assets$12,715
Liabilities$2,565
Net Assets$10,150

Operations Trend

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

$400K$300K$200K$100K$0-$100KExpenses 2010: $193,3892010Expenses 2011: $176,0342011Expenses 2012: $175,0592012Revenue 2013: $157,045Expenses 2013: $192,396Net Income 2013: -$35,3512013Revenue 2014: $144,855Expenses 2014: $159,248Net Income 2014: -$14,3932014Revenue 2015: $119,601Expenses 2015: $85,193Net Income 2015: $34,4082015Revenue 2016: $164,840Expenses 2016: $88,788Net Income 2016: $76,0522016Revenue 2017: $170,394Expenses 2017: $95,733Net Income 2017: $74,6612017Revenue 2018: $125,546Expenses 2018: $112,763Net Income 2018: $12,7832018Revenue 2019: $143,984Expenses 2019: $98,906Net Income 2019: $45,0782019Revenue 2020: $143,759Expenses 2020: $98,719Net Income 2020: $45,0402020Revenue 2021: $305,029Expenses 2021: $230,911Net Income 2021: $74,1182021Revenue 2022: $327,894Expenses 2022: $246,092Net Income 2022: $81,8022022Revenue 2023: $292,963Expenses 2023: $283,422Net Income 2023: $9,5412023Revenue 2024: $308,890Expenses 2024: $267,744Net Income 2024: $41,1462024

Highlighted filing

2015

Revenue$119,601
Expenses$85,193
Net Income$34,408
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Jul 5, 2016
Return Version
2015v2.1
Gross Receipts
$287,575
Mission and Program Overview

Mission

The purpose of the association is to bring about a more neighborly feeling among members, keep up the waterfront, and further the progress in obtaining a watchman, post office, electric current, garbage collection, and improve the roads and beaches.

To bring about a more neighborly feeling among members, keep up the waterfront, improve the roads and beaches, and maintain the property.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$5,278$9,214▲ $3,936
Savings and Temporary Cash Investments-$3,501-
Total Assets$5,278$12,715▲ $7,437
Liabilities
Other Liabilities$23,239$0▼ $23,239
Accounts Payable and Accrued Expenses$6,297$2,565▼ $3,732
Total Liabilities$29,536$2,565▼ $26,971
Net Assets / Fund Balance
Unrestricted Net Assets$-24,258$10,150▲ $34,408
Total Net Assets Fund Balance$-24,258$10,150▲ $34,408
Total Liabilities and Net Assets / Fund Balance$5,278$12,715▲ $7,437
Compensation and Service Providers

Board Members and Trustees

NameTitle
Catherine D KobasiukPresident
Michael KobasiukVice President
Barbara FitzgeraldDirector
Bill HackDirector
Chris ZarconeDirector
Dan CarrDirector
Ed JanssenDirector
Frank DelustroDirector
Frank LuisiDirector
Fred KrageDirector
Kelly ColbertDirector
Kevin CollinsDirector
Michelle WilkinsonDirector
Peter CostelloeDirector
Lynne DebonaFinancial Secretary
Maureen GetchellRecording Secretary
Richard WilkinsonSergent at Arms
Revenue and Support

Revenue Composition

Contributions and Grants
$27,475
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$92,126
All Other Contributions
$2,427
Change in Net Assets
$34,408
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$43,532
Other Expenses$41,661
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$37,197--$37,197
Insurance$3,621$7,484-$11,105
Fees for Services Accounting-$8,547-$8,547
Fees for Services Legal-$7,972-$7,972
Payroll Taxes$6,335--$6,335
All Other Expenses-$2,623-$2,623
Other Expenses$1,166$1,318-$1,166
Interest-$874-$874
Office Expenses-$488-$488
Conferences and Meetings-$205-$205
Total Functional Expenses$48,319$36,874$0$85,193
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$44,648
Fundraising Direct Expenses$30,673
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Crab Festival$27,541$27,541$18,410$9,131
Night at Races$10,929$10,929$4,924$6,005
Total Events$44,648$44,648$30,673$13,975
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
No
Subject to proxy tax
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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 11

A copy of form 990 is sent to the president along with an e-file authorization form to be signed. Form 990 is not released until the 990 is reviewed, approved and the signed e-file authorization form is received by the cpa firm.

Form 990, Part VI, Section C, Line 18

Form 1024 and form 990 is available for public inspection upon request.

Form 990, Part VI, Section C, Line 19

Form 1024 and form 990 is available for public inspection upon request.

Filing and Contact Details

Filer

Filer Name
MASTIC BEACH PROPERTY OWNERS'
EIN
11-1806996
Phone
6313996111
Address
PO BOX 212, MASTIC BEACH, NY 11951

Signing Officer

Name
Catherine D Kobasiuk
Title
President
Phone
6313996111
Signed
2016-07-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Catherine D Kobasiuk
Formed
1931
Legal Domicile
Ny
Voting Board Members
17
Independent Board Members
13
Employees
12
Volunteers
50

Preparer

Firm
Markowitz Fenelon & Bank Llp
Address
78 WHITE STREET, SOUTHAMPTON, NY 11968
Preparer
Joseph R Mammina Jr CPA
Phone
6312834955
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

No change from prior year.

Raw XML AppendixShowing 400 of 455 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.

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IRS990/Form990PartVIISectionAGrp/TitleTxt12PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt13VICE PRESIDENT
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IRS990/Form990PartVIISectionAGrp/TitleTxt15FINANCIAL SECRETARY
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IRS990/OtherExpensesGrp/TotalAmt21318
IRS990/OtherExpensesGrp/TotalAmt31166
IRS990/OtherLiabilitiesGrp/BOYAmt023239
IRS990/OtherLiabilitiesGrp/EOYAmt00
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER REVENUES
IRS990/OtherRevenueMiscGrp/ExclusionAmt0181
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0181
IRS990/OtherRevenueTotalAmt0181
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt037197
IRS990/OtherSalariesAndWagesGrp/TotalAmt037197
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt06335
IRS990/PayrollTaxesGrp/TotalAmt06335
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0CATHERINE D KOBASIUK
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt030472
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt072993
IRS990/PYOtherRevenueAmt0114383
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-14393
IRS990/PYSalariesCompEmpBnftPaidAmt086255
IRS990/PYTotalExpensesAmt0159248
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0144855
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt034408
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt077970
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt03501
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt027475
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt030472
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt030151
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt030851
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt037995
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0156944
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0200
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0147
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0347
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0260100
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0262201
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0292411
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0286601
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0297476
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01398789
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0200
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0147
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0347
IRS990ScheduleA/InvestmentIncomeCYPct00.00020
IRS990ScheduleA/InvestmentIncomePYPct00.00030
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt09545
IRS990ScheduleA/OtherIncome509Grp/TotalAmt09545
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99370
IRS990ScheduleA/PublicSupportPY509Pct00.99320
IRS990ScheduleA/PublicSupportTotal509Amt01555733
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0287575
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0292673
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0322562
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0317452
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0335471
IRS990ScheduleA/Total509Grp/TotalAmt01555733
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0287575
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0292673
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0322562
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0317652
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0345163
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01565625
IRS990/ScheduleBRequiredInd00
IRS990ScheduleC/AgreeCarryoverPriorYearInd00
IRS990ScheduleC/OnlyInHouseLobbyingInd00
IRS990ScheduleC/SubstantiallyAllDuesNondedInd01
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt030673
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0NIGHT AT RACES
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0CRAB FESTIVAL
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt010929
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt027541
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt06178
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt044648
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt010929
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt027541
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt06178
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt044648
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt013975
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt07339
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt030673
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt04924
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt018410
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt02
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A COPY OF FORM 990 IS SENT TO THE PRESIDENT ALONG WITH AN E-FILE AUTHORIZATION FORM TO BE SIGNED. FORM 990 IS NOT RELEASED UNTIL THE 990 IS REVIEWED, APPROVED AND THE SIGNED E-FILE AUTHORIZATION FORM IS RECEIVED BY THE CPA FIRM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 1024 AND FORM 990 IS AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FORM 1024 AND FORM 990 IS AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NO CHANGE FROM PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XII, LINE 2C:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToProxyTaxInd01
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt05278
IRS990/TotalAssetsEOYAmt012715
IRS990/TotalAssetsGrp/BOYAmt05278
IRS990/TotalAssetsGrp/EOYAmt012715
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt027475
IRS990/TotalEmployeeCnt012
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt036874
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt048319
IRS990/TotalFunctionalExpensesGrp/TotalAmt085193
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt029536
IRS990/TotalLiabilitiesEOYAmt02565
IRS990/TotalLiabilitiesGrp/BOYAmt029536
IRS990/TotalLiabilitiesGrp/EOYAmt02565

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.03$0.02$5.01$3.09$2.68$0.41
2023Detailed filing. Detailed filing data is available for this year.$4.61$0.07$4.54$2.93$2.83$0.10
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.53$0.02$4.51$3.28$2.46$0.82
2021Detailed filing. Detailed filing data is available for this year.$4.73$0.92$3.81$3.05$2.31$0.74
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.65$0.02$2.64$1.44$0.99$0.45
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.21$0.02$2.19$1.44$0.99$0.45
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.76$0.03$1.74$1.26$1.13$0.13
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.65$0.04$1.61$1.70$0.96$0.75
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.88$0.02$0.86$1.65$0.89$0.76
2015Detailed filing. Detailed filing data is available for this year.$0.13$0.03$0.10$1.20$0.85$0.34
2014Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$0.05$0.30$0.24$1.45$1.59$0.14
2013Detailed filing. Detailed filing data is available for this year.$0.13$0.23$0.10$1.57$1.92$0.35
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.27$0.02$0.25$1.75
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.68$0.01$0.67$1.76
2010XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.38$0.02$0.36$1.93
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2015 filings • 501(c)4 • <$500k nonprofits