Lsm Corporation
- Assets
- $119.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Afton, NY
- Founding
- 08/1984
- Data as of
- 12/2023
- EIN
- 02-0376997
Organization Overview
Lsm Corporation is located in Afton, NY. The organization was established in 1984. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lsm Corporation is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2023, Lsm Corporation generated $106.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (6.4%) each year. All expenses for the organization totaled $143.2k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Armand Brandao President Treasurer | 10 | $1,200 | |
Gretchen Adams VP And Membership Coordinator | 24 | $29,597 | |
Name Not Listed Office Manager | 12 | $4,507 | |
Connor Kleck Director And Secretary | 3 | $0 | |
Jan Nystrom Director And Rolling Editor | 20 | $24,000 | |
Mike Dudeck Director And Advertising Manager | 3 | $1,252 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $92,177 |
| Investment income | $49 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $450 |
| Other Revenue | $3,655 |
| Total Revenue | $106,316 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $79,051 |
| Occupancy, rent, utilities, and maintenance | $15,969 |
| Printing, publications, postage, and shipping | $42,617 |
| Other expenses | $5,607 |
| Total expenses | $143,244 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $119,551 |
| Other assets | $0 |
| Total assets | $119,551 |
| Total liabilities | $3,665 |
| Net assets or fund balances | $115,886 |