Grindstone Association

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

EIN: 010202445 ✦ Winter harbor, ME ✦ Designated as a 501(c)(7)

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Overview

What is Grindstone Association?

Grindstone Association is a nonprofit organization situated in Winter Harbor, Maine. Its primary purpose is to facilitate social connections and camaraderie among its members, achieving this goal through diverse activities. Functioning as a recreational, pleasure, or social club, the association provides a platform for its members to engage in enjoyable pastimes, strengthening their bonds.

Is Grindstone Association legitimate?

Grindstone Association is a legitimate nonprofit organization registered as a 501(c)(7) entity. Grindstone 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: $205,783

For more financial information, click here

What is the mission statement of Grindstone Association?

The Grindstone Association's mission revolves around promoting social interaction and fellowship among its members. As a recreational, pleasure, or social club, the organization offers various activities to facilitate this goal. Located in Winter Harbor, ME, the association aims to provide a platform for its members to engage in leisurely activities and build strong social connections.

Who is the CEO of Grindstone Association?

Stephen Myers is the President of Grindstone Association.

What is the revenue of Grindstone Association?

Grindstone Association's revenue in 2022 was $673,810.

Who are the executives of Grindstone Association and what are their salaries?

The average compensation at Grindstone Association during 2022 was $10,289. There are 20 employees at Grindstone Association.


Here are 13 key members and their salaries:


Ellin Miller (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chandler Williams (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Myers (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marian Ide (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nathaniel Reed (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amanda Nichols (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Theodore Murphy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Hatcher (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christine Dick (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Hodges (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jack Swope (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Priscilla Lukens (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nicole Kirchoff Sargent (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Grindstone Association?

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

Mission Statement of Grindstone Association

Grindstone Association, a nonprofit organization, is committed to promoting social interaction and fellowship among its members. They achieve this objective by organizing a range of recreational, pleasure, and social activities. As a club, Grindstone Association serves as a platform for its members to engage, connect, and enjoy shared experiences, thereby fostering a sense of community.

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Impact




October, 2024

Grindstone Association significantly enhances the sense of community and belonging among its members. By creating a space dedicated to social interaction and fellowship, it facilitates connections through various recreational and engaging activities. Located in Winter Harbor, ME, the association serves as a hub for local residents to gather, share experiences, and participate in collective pursuits that strengthen interpersonal relationships. This not only fosters a supportive environment but also promotes overall well-being, encouraging individuals to engage actively in their community and enjoy the social benefits of camaraderie. Through its commitment to recreational activities, Grindstone Association plays a vital role in enriching the lives of its members and cultivating a vibrant social landscape.




This information is meant to be a general summary of Grindstone 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
$673,810 (2022)
Expenses
$522,456 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $255,530
  • Program Service Revenue: $418,255
  • Gross Receipts: $811,580

Assets and Liabilities:

  • Total Assets: $4,306,070
  • Total Liabilities: $16,697
  • Net Assets: $4,289,373

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Programs

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

Greens/Pool/Tennis Fees

Revenue

$89,233

Initiation Fees

Revenue

$3,200

Membership Dues & Assessments

Revenue

$320,800

Other Income

Revenue

$3,872

Support Fee

Revenue

$1,150

Organization Details

Founding Year

1948

Principal Officer

Stephen Myers

Main Address

PO Box 12, Winter Harbor, ME, 04693

NTEE Category

Code: N50 - Recreation

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