Civic Intelligence

Mastic Beach Property Owners' Association Inc

990 • Fiscal year 2017 • EIN 11-1806996

Jan 01, 2017 to Dec 31, 2017 • Filed on Sep 12, 2018

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

43rd percentile

0.02x

Higher debt load relative to assets than 43% of similar nonprofits.

2017 filings • NTEE L • <$500k nonprofits • Source year 2017

Liabilities / Revenue

39th percentile

0.02x

Higher debt load relative to revenue than 39% of similar nonprofits.

2017 filings • NTEE L • <$500k nonprofits • Source year 2017

Net Margin

84th percentile

44%

Higher net margin than 84% of similar nonprofits.

2017 filings • NTEE L • <$500k nonprofits • Source year 2017

Top Officer Pay

74th percentile

$3,700

Higher top officer pay than 74% of similar nonprofits.

Top officer pay equals 2.2% of source-year revenue.

2017 filings • NTEE L • <$500k nonprofits • Source year 2017

Asset Growth

91st percentile

87%

Faster asset growth than 91% of similar nonprofits.

2017 filings • NTEE L • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

51st percentile

3.4%

Faster revenue growth than 51% of similar nonprofits.

2017 filings • NTEE L • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Up

$164,931

Up $76,840 (+87%) from 2016

Net Assets

Up

$160,863

Up $74,661 (+87%) from 2016

Liabilities

Up

$4,068

Up $2,179 (+115%) from 2016

Revenue

Up

$170,394

Up $5,554 (+3.4%) from 2016

Expenses

Up

$95,733

Up $6,945 (+7.8%) from 2016

Net Income

Down

$74,661

Down $1,391 (-1.8%) from 2016

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

2017

Assets$164,931
Liabilities$4,068
Net Assets$160,863

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

2017

Revenue$170,394
Expenses$95,733
Net Income$74,661
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Sep 12, 2018
Return Version
2017v2.2
Gross Receipts
$335,615
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
Savings and Temporary Cash Investments$78,504$153,560▲ $75,056
Cash and Non-Interest-Bearing Accounts$9,587$11,371▲ $1,784
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$88,091$164,931▲ $76,840
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$1,889$4,068▲ $2,179
Total Liabilities$1,889$4,068▲ $2,179
Net Assets / Fund Balance
Temporarily Rstr Net Assets$50,000$86,849▲ $36,849
Unrestricted Net Assets$36,202$74,014▲ $37,812
Total Net Assets Fund Balance$86,202$160,863▲ $74,661
Total Liabilities and Net Assets / Fund Balance$88,091$164,931▲ $76,840
Compensation and Service Providers

Employees

NameTitleBaseTotal
Richard WilkinsonDirector$3,700$3,700

Board Members and Trustees

NameTitle
Frank DelustroPresident
Lynne DebonaVice President
Barbara FitzgeraldDirector
Chris ZarconeDirector
Dan CarrDirector
Ed JanssenDirector
Fred KrageDirector
James SearfossDirector
Ketty CobertDirector
Kevin CollingDirector
Michael KobazuickDirector
Michelle WilkinsonDirector
Jean SanmartinSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$72,477
Program Service Revenue
$0
Investment Income
$57
Other Revenue
$97,860
Change in Net Assets
$74,661
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$49,535
Salaries, Compensation, and Employee Benefits$46,198
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$35,701--$35,701
Insurance$4,005$16,019-$20,024
Payroll Taxes$6,797--$6,797
Fees for Services Accounting-$6,750-$6,750
All Other Expenses$1,983$4,095-$6,078
Office Expenses-$5,209-$5,209
Current Officers, Directors, Trustees, and Key Employees$3,700--$3,700
Other Expenses$2,133$2,325-$2,133
Advertising-$380-$380
Total Functional Expenses$54,319$41,414$0$95,733
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$39,825
Fundraising Direct Expenses$24,398
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Crab Festival$23,195$23,195$15,630$7,565
NIGHT @ RACES/REDNECK$9,987$9,987$3,395$6,592
Total Events$39,825$39,825$24,398$15,427
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
No
Subject to proxy tax
Yes
Insider Transactions and Loans

Loans and Receivables

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

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
No
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, Line 2: Description of Business or Family Relationship of Officers, Directors, Et

Michelle and richard wilkinson are husband and wife.

Form 990, Part VI, Line 11B: Form 990 Review Process

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 it is revised, approved and the signed e-file authorization form is received by the cpa firm.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Form 1024 and form 990 are 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
Frank Delustro
Title
President
Signed
2018-09-12
Discuss with paid preparer
Yes

Organization Details

Formed
1931
Legal Domicile
Ny
Voting Board Members
14
Independent Board Members
12
Employees
11
Volunteers
63

Preparer

Firm
Michael C Williams CPA Pc
Address
646 MAIN ST, PORT JEFFERSON, NY 11777
Preparer
Michael C Williams
Phone
6314766700
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IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE 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.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt086202
IRS990/NetAssetsOrFundBalancesEOYAmt0160863
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt015427
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt078181
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt078181
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt05209
IRS990/OfficeExpensesGrp/TotalAmt05209
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0EQUIPMENT RENT
IRS990/OtherExpensesGrp/Desc1SECURITY
IRS990/OtherExpensesGrp/Desc2OFFICE EQUIPMENT
IRS990/OtherExpensesGrp/Desc3DONATIONS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt03976
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt12660
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt22325
IRS990/OtherExpensesGrp/ProgramServicesAmt02133
IRS990/OtherExpensesGrp/TotalAmt03976
IRS990/OtherExpensesGrp/TotalAmt12660
IRS990/OtherExpensesGrp/TotalAmt22325
IRS990/OtherExpensesGrp/TotalAmt32133
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER REVENUES
IRS990/OtherRevenueMiscGrp/ExclusionAmt04252
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt04252
IRS990/OtherRevenueTotalAmt04252
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt035701
IRS990/OtherSalariesAndWagesGrp/TotalAmt035701
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/ProgramServicesAmt06797
IRS990/PayrollTaxesGrp/TotalAmt06797
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt076775
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt02
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt044347
IRS990/PYOtherRevenueAmt088063
IRS990/PYRevenuesLessExpensesAmt076052
IRS990/PYSalariesCompEmpBnftPaidAmt044441
IRS990/PYTotalExpensesAmt088788
IRS990/PYTotalRevenueAmt0164840
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt074661
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt078181
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt078504
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0153560
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleC/AgreeCarryoverPriorYearInd0false
IRS990ScheduleC/Form1120POLFiledInd0false
IRS990ScheduleC/OnlyInHouseLobbyingInd0false
IRS990ScheduleC/SubstantiallyAllDuesNondedInd0true
IRS990ScheduleG/AgrmtProfFundraisingActyInd0false
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt024398
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0CRAB FESTIVAL
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0NIGHT @ RACES/REDNECK
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt023195
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt09987
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt06643
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt039825
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt023195
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt09987
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt06643
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt039825
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt015427
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt05373
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt024398
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt015630
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt03395
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt01
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MICHELLE AND RICHARD WILKINSON ARE HUSBAND AND WIFE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A 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 IT IS REVISED, APPROVED AND THE SIGNED E-FILE AUTHORIZATION FORM IS RECEIVED BY THE CPA FIRM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FORM 1024 AND FORM 990 ARE AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToProxyTaxInd0true
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt050000
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt086849
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt088091
IRS990/TotalAssetsEOYAmt0164931
IRS990/TotalAssetsGrp/BOYAmt088091
IRS990/TotalAssetsGrp/EOYAmt0164931
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt072477
IRS990/TotalEmployeeCnt011
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt041414
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt054319
IRS990/TotalFunctionalExpensesGrp/TotalAmt095733
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01889
IRS990/TotalLiabilitiesEOYAmt04068
IRS990/TotalLiabilitiesGrp/BOYAmt01889
IRS990/TotalLiabilitiesGrp/EOYAmt04068
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt086202
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0160863
IRS990/TotalProgramServiceExpensesAmt054319
IRS990/TotalProgramServiceRevenueAmt00
IRS990/TotalReportableCompFromOrgAmt03700
IRS990/TotalRevenueGrp/ExclusionAmt04309
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt078181
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0170394
IRS990/TotalVolunteersCnt063

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
2017Detailed filing. Detailed filing data is available for this year.$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
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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