BIG MOOSE PROPERTY OWNERS ASSOCIATION INCORPORATED

EIN: 222341437 501(c)(3)

UTICA, NY

Total Revenue
$222,722
Total Expenses
$203,898
Total Assets
$233,409
Net Assets
$233,409
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1928
Legal Domicile
NY
Principal Officer
MARJORIE CORRELL
Phone
3157498528
Tax Period
2024-01-01 to 2024-12-31

BIG MOOSE PROPERTY OWNERS ASSOCIATION INCORPORATED, founded in 1928, is a small nonprofit that reported $223K in total revenue in fiscal year 2024. Expenses of $204K left a modest 8% surplus.

Mission

BMPOA exists to enhance the quality of life for all persons in the immediate vicinity of Big Moose Lake. To do so, BMPOA develops and facilitates programs that promote informed stewardship of our environment, appreciation for and preservation of our natural and cultural legacy within the Adirondack Park, water safety for children and adults, and enjoyable social interaction among individuals, families and all members of the community-at-large.

Program Service Accomplishments

Program 1

BMPOA Youth Recreation Program is a drop in day program providing recreational activities in support of our mission. This includes daily swimming lessons and hikes to nearby lakes, mountains etc...

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BMPOA Youth Recreation Program is a drop in day program providing recreational activities in support of our mission. This includes daily swimming lessons and hikes to nearby lakes, mountains etc. over a 6 week period. The program serves approximately 30 to 50 youth each season

Program 2

Water Quality. The BMPOA actively sponsors and participates in water quality programs, including the Adirondack Lake Assesment Program(ALAP), Septic system dye testing in cooperation with the Town of...

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Water Quality. The BMPOA actively sponsors and participates in water quality programs, including the Adirondack Lake Assesment Program(ALAP), Septic system dye testing in cooperation with the Town of Webb, annual invasive species surveillance and participation in the Lake Protectors program, and twice per summer water testing for E. Coli. Approximately 20 sites are sampled around the lake

Program 3

Water Safety: The BMPOA provides information and education regarding water safety and boating requirements and maintains the community dock for safe debarkation of vessels

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $222,722
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $222,722

Expense Breakdown

Grants Paid $0
Salaries & Benefits $7,990
Fundraising Expenses $0
Program Expenses $0
Other Expenses $195,908
TOTAL EXPENSES $203,898

Year-over-Year Comparison

2024 2023 Change
Revenue $222,722 N/A N/A
Expenses $203,898 N/A N/A
Net Income $18,824 $0 N/A
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
15
Independent Members
15
Employees
2
Volunteers
30

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$0
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARJORIE CORRELL PRESIDENT 2
Officer
$0 $0 $0
PAUL POWERS VICE PRESIDENT 0.5
Officer
$0 $0 $0
RICHARD WIDDICOMBE TREASURER 2
Officer
$0 $0 $0
LISA HUMPHREY SECRETARY 0.5
Officer
$0 $0 $0
BRIAN ALLEN DIRECTOR 0.5
Director
$0 $0 $0
CRISTIE WIGHTMAN DIRECTOR 0.25
Director
$0 $0 $0
PETER GREAVES TUNNELL DIRECTOR 0.25
Director
$0 $0 $0
RICHARD INGRAHAM DIRECTOR 0.25
Director
$0 $0 $0
KERIANN KAERCHER DIRECTOR 0.25
Director
$0 $0 $0
HUBBELL KNAPP DIRECTOR 0.25
Director
$0 $0 $0
SHANE KOVACS DIRECTOR 0.5
Director
$0 $0 $0
ANNE DEW DIRETOR 0.25
Director
$0 $0 $0
LORRAINE SCHUNCK DIRECTOR 0.25
Director
$0 $0 $0
GAIL TOBIN DIRECTOR 0.25
Director
$0 $0 $0
PETER WINCH DIRECTOR 0.25
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $222,722 $203,898 $233,409 $18,824
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