Overview
What is Olde Severna Park Improvement Association?
The Olde Severna Park Improvement Association is a community-based nonprofit organization, established in 1918, located in Severna Park, Maryland. Primarily, its purpose is to collect dues and fees to preserve and enhance the common areas within the Olde Severna Park community. The association's mission is centered around maintaining and beautifying these shared spaces. The organization generates income through donations, community dues, storage fees, and community events, although major events do not significantly contribute to its revenue. The Olde Severna Park Improvement Association is managed by a team of four dedicated individuals.
Official website here: www.ospia.info
Is Olde Severna Park Improvement Association legitimate?
Olde Severna Park Improvement Association is a legitimate nonprofit organization registered as a 501(c)(7) entity. Olde Severna Park 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:
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Other Salaries and Wages: $13,355
For more financial information, click here
Official website here: www.ospia.info
What is the mission statement of Olde Severna Park Improvement Association?
The Olde Severna Park Improvement Association, established in 1918, primarily serves as a community association. Its primary objective is to collect dues and fees to maintain the common areas within the community of Olde Severna Park. The association's mission, in essence, is to preserve and enhance the aesthetic appeal of the shared spaces within a substantial community. The organization does not generate program service revenue but relies on donations, community dues, storage fees, and income from community events, although there are no major events that significantly contribute to the community's revenue.
Official website here: www.ospia.info
What is the revenue of Olde Severna Park Improvement Association?
Olde Severna Park Improvement Association's revenue in 2023 was $180,260.
Official website here: www.ospia.info
Who are the executives of Olde Severna Park Improvement Association and what are their salaries?
The average compensation at Olde Severna Park Improvement Association during 2023 was $3,339. There are 4 employees at Olde Severna Park Improvement Association.
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Official website here: www.ospia.info
Where can I find the form 990 for Olde Severna Park Improvement Association?
Olde Severna Park Improvement Association's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.ospia.info
Learn more at the official website: www.ospia.info
Mission Statement of Olde Severna Park Improvement Association
The Olde Severna Park Improvement Association, established in 1918, serves as a community association with a primary mission. Its purpose is to maintain and enhance the common areas within a substantial community located in Maryland. This organization collects dues, fees, and receives donations to fund these efforts, ensuring the community's shared spaces remain aesthetically pleasing and well-maintained. While there are no significant revenue-generating events organized by the association, the gross receipts are recorded annually.
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Impact
October, 2024
The Olde Severna Park Improvement Association plays a vital role in enhancing the quality of life for residents in the community. Established in 1918, the association focuses on maintaining and beautifying common areas, fostering a sense of pride and ownership among residents. By collecting dues and fees, the organization ensures that these shared spaces are well-kept, contributing to the overall aesthetics and functionality of the neighborhood.
The impact of the association is evident in its efforts to create a welcoming environment that encourages community engagement. While it mainly relies on donations, community dues, and storage fees, the association organizes events that help bring residents together, strengthening community bonds. Although these events may not generate significant revenue, they provide valuable opportunities for social interaction and collaborative activities, enriching the communal experience.
Through its mission, the Olde Severna Park Improvement Association actively supports the local housing landscape by maintaining attractive common areas, which can ultimately enhance property values and promote a sense of belonging among residents of Severna Park, Maryland.
This information is meant to be a general summary of Olde Severna Park 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $4
- Program Service Revenue: $86,410
- Gross Receipts: $180,260
Assets and Liabilities:
- Total Assets: $760,954
- Total Liabilities: $83,147
- Net Assets: $677,807
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Organization Details
Founding Year
1918
Principal Officer
Brian Jamieson
Website
www.ospia.infoNTEE Category
Code: L00 - Housing
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