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Nonprofit · EIN 01-0264870

CHRISTMAS COVE IMPROVEMENT ASSOC

Tax-exempt · DAMARISCOTTA, ME 04543

Financials

$517K$372K2023$593K$370K2024
Revenue Expenses · by fiscal year end
Financials of CHRISTMAS COVE IMPROVEMENT ASSOC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$593,099$370,133$222,966$2,586,797$7,343$2,579,454
December 31, 2023990$517,115$372,275$144,840$2,359,938$3,450$2,356,488
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$172,487
Membership dues
$157,617
Program service revenue
$330,373
Investment income
$27,183
Net income from sales of inventory
$2,175
Other revenue
$63,056

Expenses

Grants and similar amounts paid
$440
Other salaries and wages
$164,550
Salaries, compensation and benefits (total)
$177,736
Professional fundraising fees
$0
Accounting fees
$7,373
Occupancy
$37,231
Program services (functional)
$352,477
Management and general (functional)
$17,656

Balance sheet and other

Total assets, start of year
$2,359,938
Total assets, end of year
$2,586,797
Total liabilities, end of year
$7,343
Net assets, end of year
$2,579,454
Land, buildings and equipment
$1,563,135
Publicly traded securities
$654,826
Net assets without donor restrictions
$2,579,454
Gross unrelated business income
$27,183
Gross receipts
$601,381
Employees
34
Volunteers
70
Year formed
1900
State of legal domicile
ME

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
MATT LORENZENDIRECTOR & PRESIDENT
Trustee or director, Officer
10$0
THOMAS WELLSDIRECTOR & ADMIN VP
Trustee or director, Officer
1$0
SCOTT LINDBLOMDIRECTOR & TREASURER
Trustee or director, Officer
10$0
ELIZABETH BREWERDIRECTOR & SECRETARY
Trustee or director, Officer
1$0
PETER ERSKINEDIRECTOR
Trustee or director
1$0
SUSAN HINCKDIRECTOR
Trustee or director
1$0
WILLIAM MCCORMACKDIRECTOR
Trustee or director
1$0
SARAH SALFIDIRECTOR
Trustee or director
1$0
RUSTY KENDALLDIRECTOR
Trustee or director
1$0
LINDA SPOCKDIRECTOR
Trustee or director
1$0
ERIKA TEMPLEDIRECTOR
Trustee or director
1$0
STEVE GUTTENTAGDIRECTOR
Trustee or director
1$0
CHRIS MISNERDIRECTOR
Trustee or director
1$0
CHARLOTTE POAGEDIRECTOR
Trustee or director
1$0
PAMELA VOSSLERDIRECTOR
Trustee or director
1$0
990 for the year ended December 31, 2023: 15 people
NameTitleHours / weekCompensation
MATT LORENZENDIRECTOR & PRESIDENT
Trustee or director, Officer
10$0
ROB MCCREARYDIRECTOR & ADMIN VP
Trustee or director, Officer
1$0
SCOTT LINDBLOMDIRECTOR & TREASURER
Trustee or director, Officer
10$0
ELIZABETH BREWERDIRECTOR & SECRETARY
Trustee or director, Officer
1$0
PETER ERSKINEDIRECTOR
Trustee or director
1$0
SUSAN HINCKDIRECTOR
Trustee or director
1$0
WILLIAM MCCORMACKDIRECTOR
Trustee or director
1$0
SARAH SALFIDIRECTOR
Trustee or director
1$0
RUSSELL EVANSDIRECTOR
Trustee or director
1$0
MARY HUMPFREYDIRECTOR
Trustee or director
1$0
TINZAR SHERMANDIRECTOR
Trustee or director
1$0
STEVE GUTTENTAGDIRECTOR
Trustee or director
1$0
CHRIS MISNERDIRECTOR
Trustee or director
1$0
CHARLOTTE POAGEDIRECTOR
Trustee or director
1$0
PAMELA VOSSLERDIRECTOR
Trustee or director
1$0

Address and contacts

Address (IRS master file)
PO BOX 371, DAMARISCOTTA, ME 04543-0371
Principal officer (990 for 2024)
SCOTT LINDBLOM, PO BOX 371, DAMARISCOTTA, ME 04543
Signed the 990
SCOTT LINDBLOM, TREASURER
Phone
(207) 563-7540
Return prepared by
Bruce A Bachelder CPA

Mission

PROMOTE SOCIAL AND RECREATION WELFARE OF MEMBERS THE PURPOSE OF THE ASSOCIATION IS TO PROMOTE THE SOCIAL AND RECREATIONAL WELFARE OF ITS MEMBERS. IT SHALL OWN AND MAINTAIN IN CHRISTMAS COVE AN ASSEMBLY HALL

990 for the year ended December 31, 2024

Program accomplishments

  • THE ASSOCIATION OVERSEES WATERFRONT FACILITIES INCLUDING BOATING DOCKS, A SALTWATER POOL WITH BEACH AREA, TENNIS COURTS, AS WELL AS A CLASSIC CLUBHOUSE THAT HOUSES A RANGE OF SOCIAL ACTIVITIES INCLUDING MULTI- GENERATIONAL FAMILY DINNERS, CLAMBAKES, AND LECTURES. ACTIVITIES OCCURRING AT THE FACILITIES INCLUDE TENNIS TOURNAMENTS, SAILBOAT RACES, AND SWIM DAYS. THE OTHER VERY SIGNIFICANT USE OF THE FACILITIES IS TO PROVIDE THE SETTING FOR INSTRUCTION OF MEMBERS CHILDREN IN THE LIFETIME SPORTS OF SAILING, TENNIS, SWIMMING, AND VISUAL ARTS. MORE THAN 900 SIGN-UPS FOR 1-2 HOUR CLASS SESSIONS OCCUR DURING THE CCIAS SUMMER SEASON.

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
01-0264870
Tax-exempt status
501(c)(7): Social or recreational club
Donations deductible
No
Exempt since
1982
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$2,586,797
Income (IRS master file)
$601,381

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$593,099$370,133$2,586,797IRS
990December 2023$517,115$372,275$2,359,938XML
990December 2022$391,138$413,924$2,218,500IRS
990December 2021–––IRS
990December 2020–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 01-0264870).

Questions about CHRISTMAS COVE IMPROVEMENT ASSOC

What is the EIN of CHRISTMAS COVE IMPROVEMENT ASSOC?
The employer identification number (EIN) of CHRISTMAS COVE IMPROVEMENT ASSOC is 01-0264870.
Is CHRISTMAS COVE IMPROVEMENT ASSOC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1982.
Are donations to CHRISTMAS COVE IMPROVEMENT ASSOC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does CHRISTMAS COVE IMPROVEMENT ASSOC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of CHRISTMAS COVE IMPROVEMENT ASSOC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did CHRISTMAS COVE IMPROVEMENT ASSOC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of CHRISTMAS COVE IMPROVEMENT ASSOC?
The 990 for the year ended December 31, 2024 names SCOTT LINDBLOM.
Who are the officers and directors of CHRISTMAS COVE IMPROVEMENT ASSOC?
The 990 for the year ended December 31, 2024 lists 15 people; 0 received compensation from the organization.
How much revenue does CHRISTMAS COVE IMPROVEMENT ASSOC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $593,099, expenses of $370,133 and total assets of $2,586,797 at year end.

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