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Perdido Key Association Inc

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

EIN: 237156512 ✦ Pensacola, FL ✦ Designated as a 501(c)(3)

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Overview

What is Perdido Key Association Inc?

Perdido Key Association Inc is a nonprofit organization dedicated to preserving and promoting the orderly development of Perdido Key. They achieve this goal primarily through educational programs and collaborations with relevant governmental agencies. The Association's primary objective is to ensure the sustainable growth of the Perdido Key area, and they primarily accomplish this by focusing on educational initiatives.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 73%, earning it a Two-Star out of Four Star rating. This rating reflects the organization's accountability and financial health, indicating that while there are strengths, further improvements could enhance its overall effectiveness.

Perdido Key Association Inc demonstrates a strong commitment to governance, featuring a board comprised entirely of independent members and maintaining clear documentation of board meeting minutes. The organization achieves a perfect score in several areas, such as the absence of material diversion of assets and a favorable liabilities to assets ratio, showcasing its financial stability.

However, the overall rating of 73% suggests there are areas where the organization could improve. Specifically, while the program expense ratio is commendable at nearly 72%, continuing to enhance transparency and operational effectiveness will be key to improving its standing in the nonprofit sector.


This AI summary has been generated from information found on Charity Navigator.

Is Perdido Key Association Inc legitimate?

Perdido Key Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Perdido Key Association Inc submitted a form 990EZ, 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.

What is the mission statement of Perdido Key Association Inc?

The Perdido Key Association Inc's mission is centered around aiding in the preservation and orderly development of a specific area, known as Perdido Key. This is accomplished primarily through educational programs and active involvement with various governmental agencies. The association's main objective is to preserve and develop this area in an orderly manner, implementing its purpose mainly through educational initiatives.

Who is the CEO of Perdido Key Association Inc?

Charles Krupnick is the President of Perdido Key Association Inc.

What is the revenue of Perdido Key Association Inc?

Perdido Key Association Inc's revenue in 2022 was $12,291.

Who are the executives of Perdido Key Association Inc and what are their salaries?


Here are 6 key members and their salaries:


Mae Dean (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Krupnick (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Connie Walker (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Huggins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Col Mark Richardson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stan Capua (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Perdido Key Association Inc?

Perdido Key Association Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Perdido Key Association Inc

Perdido Key Association Inc, a nonprofit organization, is committed to aiding in the preservation and orderly development of Perdido Key. This mission is primarily achieved through educational programs and collaborations with various governmental entities. The association's primary purpose is to ensure the well-being and sustainable growth of the area known as Perdido Key. It accomplishes this by implementing various educational initiatives, serving as a bridge between the community and the relevant authorities.

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Impact




August, 2024

Perdido Key Association Inc plays a crucial role in the preservation and orderly development of Perdido Key in Pensacola, Florida. Through its educational programs and active involvement with various governmental agencies, the Association significantly contributes to the improvement of the community. Its primary mission is to safeguard the natural beauty and enhance the development of the area known as Perdido Key. By focusing on educational initiatives, the Association ensures that residents and stakeholders are informed and engaged in efforts to maintain the area's unique character and promote sustainable growth. The impact of Perdido Key Association Inc extends beyond its immediate activities, positively influencing the overall well-being and development of the community.




This information is meant to be a general summary of Perdido Key Association Inc. 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
$12,291 (2022)
Expenses
$12,301 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $85
  • Gross Receipts: $12,291

Assets and Liabilities:

  • Total Assets: $69,958
  • Total Liabilities: $0
  • Net Assets: $69,958

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Organization Details

Principal Officer

Charles Krupnick

Main Address

PO BOX 16337, PENSACOLA, FL, 32507

NTEE Category

Code: S30 - Community improvement

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