Civic Intelligence

Truesdale Estates Association Inc

EIN 13-3634873 • 501(c)7 • south salem, NY

Profile

We are a small homeowners association staffed by volunteers. Dues are used to improve and maintain the common use beach property pay taxes and insurance.

PO Box 363south salem, NY 10590

truesdalelake.com

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2024

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2024

Net Margin

90th percentile

33%

Higher net margin than 90% of similar nonprofits.

501(c)7 • <$500k nonprofits • Source year 2024

Top Officer Pay

94th percentile

$0

Higher top officer pay than 94% of similar nonprofits.

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

501(c)7 • <$500k nonprofits • Source year 2024

Asset Growth

70th percentile

10%

Faster asset growth than 70% of similar nonprofits.

501(c)7 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

51st percentile

1.8%

Faster revenue growth than 51% of similar nonprofits.

501(c)7 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$132,673

Up $12,282 (+10%) from 2023

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Up

$132,673

Up $12,282 (+10%) from 2023

Operations
Liabilities / RevenueScore unavailableNet Margin90th percentile

Revenue

Up

$37,042

Up $654 (+1.8%) from 2023

Expenses

Down

$24,760

Down $6,783 (-22%) from 2023

Net Income

Up

$12,282

Up $7,437 (+153%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth70th percentile

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

$150K$100K$50K$0Assets 2022: $115,546Net Assets 2022: $115,5462022Assets 2023: $120,391Net Assets 2023: $120,3912023Assets 2024: $132,673Net Assets 2024: $132,6732024

Highlighted filing

2024

Assets$132,673
Liabilities-
Net Assets$132,673
Open 2024 Filing

Operations Trend

Revenue Growth51st percentile

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

$60K$40K$20K$0-$20KRevenue 2022: $37,306Expenses 2022: $41,440Net Income 2022: -$4,1342022Revenue 2023: $36,388Expenses 2023: $31,543Net Income 2023: $4,8452023Revenue 2024: $37,042Expenses 2024: $24,760Net Income 2024: $12,2822024

Highlighted filing

2024

Revenue$37,042
Expenses$24,760
Net Income$12,282
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$132,673
Liabilities
-
Net assets
$132,673
Revenue
$37,042
Expenses
$24,760
Net income
$12,282
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.33$1.33$0.37$0.25$0.12
2023Detailed filing. Detailed filing data is available for this year.$1.20$1.20$0.36$0.32$0.05
2022Detailed filing. Detailed filing data is available for this year.$1.16$1.16$0.37$0.41$0.04
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Apr 1, 2023 to Mar 31, 2024
Signed
May 8, 2024
Return Version
2023v5.0
Gross Receipts
$37,042
Mission and Program Overview

Mission

Weareasmallhomeownersassociationstaffedbyvolunteers.Duesareusedtoimproveandmaintainthecommonusebeachproperty,paytaxesandinsurance.

We are a small homeowners association staffed by volunteers. Dues are used to improve and maintain the common use beach property pay taxes and insurance.

Program Services

DescriptionGrantsExpenses
maintenance of common property$0$0
capital improvements on common property$0$0
insurance for common property$0$0
Compensation and Service Providers
Top Officer Pay94th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
jo ann forrignoCo-President-$0--
george forignoCo-President-$0--
debbie finkVice President-$0--
ruth vellenskyTrreasurerPT$0--
rob cummingsCorresponding Secretary-$0--
howard cohenRecording Secretary-$0--
kate grieveSsrgeant At Arms-$0--
Filing and Contact Details

Filer

Filer Name
Truesdale Estates Association Inc
EIN
13-3634873
In Care Of
% michael vellensky
Address
PO Box 363, south salem, NY 10590

Signing Officer

Name
michael vellensky
Title
Board Member
Signed
2024-05-08
Raw XML Appendix125 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
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IRS990EZ/BooksInCareOfDetail/PersonNm0michael vellensky
IRS990EZ/BooksInCareOfDetail/PhoneNum09148759000
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt020 truesdale lake drive
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0south salem
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd010590
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt062206
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt074488
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt01983
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt012282
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt01500
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0120391
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0132673
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt037042
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/InvestmentIncomeAmt059
IRS990EZ/LandAndBuildingsGrp/BOYAmt058185
IRS990EZ/LandAndBuildingsGrp/EOYAmt058185
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt035000
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0120391
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0132673
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0120391
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IRS990EZ/OccupancyRentUtltsAndMaintAmt022595
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0jo ann forrigno
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1george forigno
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2debbie fink
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3ruth vellensky
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4rob cummings
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5howard cohen
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6kate grieve
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0co-president
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1co-president
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2vice president
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3trreasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4corresponding secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5recording secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6ssrgeant at arms
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0We are a small homeowners association staffed by volunteers. Dues are used to improve and maintain the common use beach property pay taxes and insurance.
IRS990EZ/PrintingPublicationsPostageAmt0665
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0maintenance of common property
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1capital improvements on common property
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2insurance for common property
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt10
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt20
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt10
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt20
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt024760
IRS990EZ/TotalRevenueAmt037042
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationAssocInd0X
IRS990EZ/WebsiteAddressTxt0truesdalelake.com
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0michael vellensky
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Board Member
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-05-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Truesdale Estates Association Inc
ReturnHeader/Filer/BusinessNameControlTxt0TRUE
ReturnHeader/Filer/EIN0133634873
ReturnHeader/Filer/ForeignPhoneNum09148759000
ReturnHeader/Filer/InCareOfNm0% michael vellensky
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 363
ReturnHeader/Filer/USAddress/CityNm0south salem
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd010590
ReturnHeader/ReturnTs02024-05-08T15:40:06-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-04-01
ReturnHeader/TaxPeriodEndDt02024-03-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.