Sorrento Village Improvement Association

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 010162690 ✦ Sorrento, ME ✦ Designated as a 501(c)(7)

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Overview

What is Sorrento Village Improvement Association?

The Sorrento Village Improvement Association is a nonprofit organization situated in Sorrento, Maine. With a membership base, they offer access to a yacht club as one of their benefits, which members pay for annually. This membership fee incorporates the use of the yacht club. Beyond this recreational aspect, the organization's main purpose is to contribute to the community of Sorrento Maine, engaging in various community activities. The total number of employees in the organization is 25.


Official website here: www.sorrentovia.org

Is Sorrento Village Improvement Association legitimate?

Sorrento Village Improvement Association is a legitimate nonprofit organization registered as a 501(c)(7) entity. Sorrento Village Improvement Association submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $74,207

For more financial information, click here


Official website here: www.sorrentovia.org

What is the mission statement of Sorrento Village Improvement Association?

The Sorrento Village Improvement Association's mission is centered around providing community activities for its members. By doing so, they aim to enrich the social fabric of their community. One of their key activities is granting members access to a yacht club, which comes with an annual fee. This association serves as a platform for community engagement and interaction, fostering a sense of belonging among its members.


Official website here: www.sorrentovia.org

Who is the CEO of Sorrento Village Improvement Association?

Todd Harrison is the President of Sorrento Village Improvement Association.


Official website here: www.sorrentovia.org

What is the revenue of Sorrento Village Improvement Association?

Sorrento Village Improvement Association's revenue in 2022 was $318,279.


Official website here: www.sorrentovia.org

Who are the executives of Sorrento Village Improvement Association and what are their salaries?

The average compensation at Sorrento Village Improvement Association during 2022 was $2,968. There are 25 employees at Sorrento Village Improvement Association.


Here are 10 key members and their salaries:


Todd Harrison (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Mayzel (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alisa Zalosh (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Schley (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Worrell (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Caroline Wellman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Oakley Johnson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Miranda Borden (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Welch (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rebecca Leise (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.sorrentovia.org

Where can I find the form 990 for Sorrento Village Improvement Association?

Sorrento Village Improvement Association's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.sorrentovia.org

Learn more at the official website: www.sorrentovia.org

Mission Statement of Sorrento Village Improvement Association

The Sorrento Village Improvement Association, a nonprofit organization, is dedicated to enriching the community in the Town of Sorrento. Their primary mission is to facilitate a variety of activities for the local residents. By becoming a member, individuals gain the privilege of utilizing the organization's Yacht Club. This membership comes with an annual fee, which encompasses access to the Yacht Club.

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Impact




October, 2024

The Sorrento Village Improvement Association has a significant impact on the community by actively fostering engagement and providing a range of activities that enhance the social fabric of Sorrento, Maine. By offering members access to the yacht club and organizing community events, the association promotes connection among residents, encouraging participation in local gatherings that strengthen communal bonds.

Membership, facilitated through an annual fee, not only provides valuable resources such as the yacht club but also supports initiatives aimed at community development and improvement. The association plays a vital role in ensuring that Sorrento remains a vibrant place for both residents and visitors, enhancing the overall quality of life and promoting a sense of belonging among community members. Through its activities, the organization contributes to a thriving environment, making a tangible difference in the everyday lives of those in the town.




This information is meant to be a general summary of Sorrento Village Improvement Association. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$318,279 (2022)
Expenses
$224,397 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,053
  • Program Service Revenue: $45,345
  • Gross Receipts: $324,854

Assets and Liabilities:

  • Total Assets: $863,686
  • Total Liabilities: $0
  • Net Assets: $863,686

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PUBLIC GOLF COURSE

Revenue

$45,345

Organization Details

Founding Year

1916

Principal Officer

Todd Harrison

Main Address

PO BOX 343, SORRENTO, ME, 046770343

NTEE Category

Code: L00 - Housing

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