philanthropy.org | 990 Resource | FAQ Verify yourself
Sign in

Mallards Landing Association

Not tax-deductible

Belmont, NH501(c)(7)Since 1984EIN 02-0368906

Recreation and other services including the promotion of the social welfare of our 129 members.

Run by 53 volunteers.
Mission: Form 990 Part I, line 1 · People: Part I, lines 5–6

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(7)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
6 of 6
filings with a surplus
Average surplus $40K a year · 13% of revenue · last 6 filings
Looks good: a surplus in 6 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Cash reserves
15 mo
of spending, in cash
Looks good: 15.3 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$408K
16% of total assets
Looks good: liabilities are 16% of assets; 50% or less.
Pt X · Ln 26
Independent board members
9
of 9 voting members
Looks good: 9 of 9 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$332K
-8% vs prior year
Spent
$329K
Net assets
$2.1M
By yearFY2020–FY2025
Revenue
$332K
FY2025▼ -8%
Revenue by fiscal year
FY2020$301K
FY2021$282K
FY2022$289K
FY2023$298K
FY2024$363K
FY2025$332K
Expenses
$329K
FY2025▲ +20%
Expenses by fiscal year
FY2020$274K
FY2021$243K
FY2022$244K
FY2023$262K
FY2024$273K
FY2025$329K
Net assets
$2.1M
FY2025▼ -0.6%
Net assets by fiscal year
FY2020$1.8M
FY2021$1.9M
FY2022$1.9M
FY2023$2.0M
FY2024$2.1M
FY2025$2.1M

From the FY2025 Form 990 · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jan 1984.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

9 people listed on the 990.

Part VII, Section A · reportable compensation
Eric Carlson
Docks/Moorings
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Sandy Gaumond
Recreation
$0Pt VII · Sec A
Ginger Gendrom
Vice President
$0Pt VII · Sec A
Thomas Grassi
Treasurer
$0Pt VII · Sec A
Greg Heal
Maintenance
$0Pt VII · Sec A
Joanne Nelson
Assistant Treasurer
$0Pt VII · Sec A
See Mallards Landing Association executive salaries →

Are you one of these people? Claim this org to confirm your role

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Provides recreation and social welfare services for its members.

Provided by the organization

This section is blank until Mallards Landing Association claims this page.

Know this organization? Claim it to add your story

1 program service, described in the organization's own filed words · FY2025.
01

Mallards landing is a social club, exempt from tax under 501(c)(7). The organization expends its funds for the maintenance and improvement of its property for the enjoyment, recreation and social welfare of its 129 members.

Pt IX · col B

Run this program? Claim this org to tell your story

By the numbers

The FY2025 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$332K
Ln 12
Fees for servicesLn 2g$286K
Investment incomeLn 3$24K
Other incomeLn 4–11$23K
Money outPt IX
$329K
Ln 25
Owns and owesPt X
$2.1M
net assets · Ln 32
Cash and savingsLn 1–2$418K
Total assetsLn 16$2.5M
LiabilitiesLn 26$408K
PeoplePt VI, VII
9
listed · VII A
PaidVII A0
Voting boardVI 1a9
IndependentVI 1b9
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$286K
Investment incomeLn 3$24K
Other incomeLn 4–11$23K
Gains on assetsLn 7$6K
Total revenueLn 12$332K
Assets in detailPt X, end of year
CashLn 1$110K
SavingsLn 2$308K
Cash and savings togetherLn 1–2$418K
InvestmentsLn 11–13$163K
Land, buildings, equipmentLn 10c$2.0M
Total assetsLn 16$2.5M
LiabilitiesLn 26$408K
Net assetsLn 32$2.1M
OperationsPt I, VI
EmployeesI 50
VolunteersI 653
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$466K$418K
InvestmentsLn 11–13$138K$163K
Land, buildings, equipmentLn 10c$2.0M$2.0M
Total assetsLn 16$2.6M$2.5M
LiabilitiesLn 26$421K$408K
Net assetsLn 32$2.1M$2.1M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$250
Legal feesLn 11b$2K
Accounting feesLn 11c$3K
Investment management feesLn 11f$1K
Office expensesLn 13$9K
OccupancyLn 16$302K
Depreciation, depletion and amortizationLn 22$3K
InsuranceLn 23$8K
Other expenses (24a–d)Ln 24$55
Total functional expensesLn 25$329K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $332K$329K$4K$2.1M 990 PDF
FY2024 $363K$273K$90K$2.1M 990 PDF
FY2023 $298K$262K$36K$2.0M 990 PDF
FY2022 $289K$244K$45K$1.9M 990 PDF
FY2021 $282K$243K$39K$1.9M 990 PDF
FY2020 $301K$274K$27K$1.8M 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2025 990 (4 parts)
Part VIII · Statement of revenue $332,367 across 4 lines filed
Lines not itemized here account for $23,582 of total revenue; see the IRS return.
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $285,068$285,068
VIII-3 Investment incomeUnrelated business $18,009$18,009
VIII-7 Net gain or loss on sales of assetsUnrelated business $5,708$5,708
VIII-12 Total revenueRelated to mission $308,650 · Unrelated business $23,717 · Excluded from tax $0$332,367
Part IX · Statement of functional expenses $328,585 across 9 lines filed
IX-1 Grants to domestic organizations$250
IX-11b Legal fees$1,890
IX-11c Accounting fees$3,015
IX-11f Investment management fees$1,125
IX-13 Office expenses$9,488
IX-16 Occupancy$301,555
IX-22 Depreciation, depletion and amortization$3,183
IX-23 Insurance$8,024
IX-24 Other expenses (24a–d)$55
IX-25 Total functional expenses$328,585
Part X · Balance sheet $2,542,577 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year $93,866$110,483
X-2 Savings and temporary cash investmentsStart of year $371,751$307,940
X-10c Land, buildings and equipment, netStart of year $1,964,402$1,961,220
X-11 Publicly traded securitiesStart of year $138,340$162,934
X-16 Total assetsStart of year $2,568,359$2,542,577
X-25 Other liabilitiesStart of year $420,750$408,000
X-26 Total liabilitiesStart of year $420,750$408,000
X-32 Total net assets or fund balancesStart of year $2,147,609$2,134,577
X-33 Total liabilities and net assetsStart of year $2,568,359$2,542,577
Part XI · Reconciliation of net assets $2,134,577 net assets at year end
XI-1 Total revenue$332,367
XI-2 Total expenses$328,585
XI-3 Revenue less expenses$3,782
XI-4 Net assets at start of year$2,147,609
XI-5 Net unrealized gains (losses) on investments−$16,814
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$2,134,577

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Export with similar orgs (CSV)
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.