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Newport Harbor Association Inc

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

EIN: 341680760 ✦ Bratenahl, OH ✦ Designated as a 501(c)(7)

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Overview

What is Newport Harbor Association Inc?

Newport Harbor Association Inc, located at 33 Shoreby Drive, Bratenahl, Ohio 44108, is a nonprofit organization committed to maintaining and administering Newport Harbor, a marina development in Bratenahl, Ohio. Their responsibilities encompass various aspects, such as repairs, utilities, real estate taxes, supplies, equipment, and periodic dredging of the harbor. The organization, with a team of eight dedicated individuals, works tirelessly to ensure the harbor remains in optimal condition for its users.

Is Newport Harbor Association Inc legitimate?

Newport Harbor Association Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Newport Harbor Association Inc 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: $219,485

For more financial information, click here

What is the mission statement of Newport Harbor Association Inc?

The Newport Harbor Association Inc's primary mission is to manage and maintain a marina development located somewhere undisclosed. Their responsibilities encompass various aspects, including repairs, utilities management, handling real estate taxes, procuring supplies, and ensuring the periodic dredging of the harbor. The association's role is essential in maintaining the functionality and overall well-being of the Newport Harbor.

Who is the CEO of Newport Harbor Association Inc?

Randy Myeroff is the President of Newport Harbor Association Inc.

What is the revenue of Newport Harbor Association Inc?

Newport Harbor Association Inc's revenue in 2022 was $701,954.

Who are the executives of Newport Harbor Association Inc and what are their salaries?

The average compensation at Newport Harbor Association Inc during 2022 was $27,436. There are 8 employees and 5 volunteers at Newport Harbor Association Inc.


Here are 5 key members and their salaries:


Thomas Mcdonald (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Randy Myeroff (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Voos (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Fishman (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Wallens (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Newport Harbor Association Inc?

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

Mission Statement of Newport Harbor Association Inc

Newport Harbor Association Inc, as per its mission, is committed to administering and maintaining Newport Harbor, a marina development. This nonprofit organization's primary role is to ensure the smooth operation of the harbor, which involves regular repairs, management of utilities, handling real estate taxes, and procuring necessary supplies and equipment. Furthermore, the association undertakes periodic dredging of the harbor to maintain its navigability and functionality. By undertaking these tasks, Newport Harbor Association Inc contributes to the overall upkeep and maintenance of the marina development, ensuring it remains in optimal condition for its users.

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Impact




October, 2024

Newport Harbor Association Inc plays a vital role in the administration and maintenance of Newport Harbor, a marina development in Bratenahl, Ohio. Its work encompasses essential tasks such as conducting repairs, managing utilities, handling real estate taxes, procuring supplies and equipment, and executing periodic dredging of the harbor. These efforts ensure that the marina remains a safe and enjoyable destination for recreational activities, contributing to the local community's quality of life and enhancing the appeal of Bratenahl as a waterfront community. The ongoing maintenance of Newport Harbor supports both the economy and the environment, making it a key asset in the region’s recreational landscape.




This information is meant to be a general summary of Newport Harbor 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
$701,954 (2022)
Expenses
$581,092 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $495
  • Program Service Revenue: $701,459
  • Gross Receipts: $701,954

Assets and Liabilities:

  • Total Assets: $1,176,475
  • Total Liabilities: $135,545
  • Net Assets: $1,040,930

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Programs

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

MEMBERSHIP REVENUE

Revenue

$662,229

MEMBER DOCK TRANSFERS

Revenue

$39,230

Organization Details

Founding Year

1991

Principal Officer

Randy Myeroff

Main Address

33 SHOREBY DRIVE, BRATENAHL, OH, 44108

NTEE Category

Code: N50 - Recreation

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