Club Sebago Association

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

EIN: 010493055 ✦ Casco, ME ✦ Designated as a 501(c)(4)

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Overview

What is Club Sebago Association?

The Club Sebago Association is a membership corporation established for the purpose of managing and overseeing property situated on Point Sebago. As an owners' association, its primary role is to ensure the proper operation of this property, which includes providing access to the Point Sebago Golf and Beach Resort. The association's activities encompass the maintenance and upkeep of the property, with associated fees serving as a membership requirement.


Official website here: www.covecommunities.com

Is Club Sebago Association legitimate?

Club Sebago Association is a legitimate nonprofit organization registered as a 501(c)(4) entity. Club Sebago 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: $0

For more financial information, click here


Official website here: www.covecommunities.com

What is the mission statement of Club Sebago Association?

The Club Sebago Association serves as a membership corporation, primarily dedicated to managing and overseeing property situated on Point Sebago. Its primary function includes overseeing the operation of this property. The association also manages fees that grant members access to the Point Sebago Golf and Beach Resort. In essence, the Club Sebago Association acts as a managing body for its members' property on Point Sebago, providing access to the golf and beach resort with the payment of relevant fees.


Official website here: www.covecommunities.com

Who is the CEO of Club Sebago Association?

Thomas Wood is the President of Club Sebago Association.


Official website here: www.covecommunities.com

What is the revenue of Club Sebago Association?

Club Sebago Association's revenue in 2022 was $1,109,496.


Official website here: www.covecommunities.com

Who are the executives of Club Sebago Association and what are their salaries?


Here are 4 key members and their salaries:


Matt Hesser (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Barton (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carol Fiore (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alex Gorelov (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.covecommunities.com

Where can I find the form 990 for Club Sebago Association?

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


Official website here: www.covecommunities.com

Learn more at the official website: www.covecommunities.com

Mission Statement of Club Sebago Association

The Club Sebago Association serves as an owners' association, its primary mission being the management and operation of property situated on Point Sebago. This membership corporation is instrumental in facilitating access to the Point Sebago Golf and Beach Resort, with the inclusion of associated fees.

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Impact




October, 2024

Club Sebago Association significantly enhances the community experience for property owners on Point Sebago by managing and operating shared spaces and facilities. By facilitating access to amenities like the Point Sebago Golf and Beach Resort, the association fosters a vibrant recreational environment where owners can enjoy leisure activities and connect with one another. This engagement promotes a sense of community, encourages property values, and supports local tourism in Casco, ME. The organization plays a crucial role in maintaining the area's beauty and functionality, ensuring that residents and visitors alike can fully enjoy the natural resources and recreational opportunities available at Point Sebago.




This information is meant to be a general summary of Club Sebago 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
$1,109,496 (2022)
Expenses
$984,849 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $345
  • Program Service Revenue: $881,833
  • Gross Receipts: $1,109,496

Assets and Liabilities:

  • Total Assets: $6,795,512
  • Total Liabilities: $24,240
  • Net Assets: $6,771,272

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Programs

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

MEMBERSHIP DUES & ASSE

Revenue

$826,196

RESERVE FEES

Revenue

$55,637

Organization Details

Founding Year

1994

Principal Officer

Thomas Wood

Main Address

261 POINT SEBAGO ROAD, CASCO, ME, 04015

NTEE Category

Code: N50 - Recreation

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