Lsm Corporation
- Assets
- $162.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Afton, NY
- Founding
- 08/1984
- Data as of
- 12/2022
- 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 12/2022, Lsm Corporation generated $123.1k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.1%) each year. All expenses for the organization totaled $137.4k during the year ending 12/2022. 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 |
|---|---|---|---|
Gretchen Adams Director & Vice President | 24 | $30,208 | |
Jan Nystrom Director And Rolling Editor | 20 | $24,000 | |
Faye Vanvorce Office Manager | 12 | $4,507 | |
Mike Dudeck Director & Advertising Manager | 3 | $1,994 | |
Armand Brandao Treasurer | 3 | $1,200 | |
John Holtzapple Director & President | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $105,152 |
| Investment income | $60 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$2,188 |
| Other Revenue | $8,325 |
| Total Revenue | $123,084 |
| 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 | $67,912 |
| Occupancy, rent, utilities, and maintenance | $17,170 |
| Printing, publications, postage, and shipping | $45,193 |
| Other expenses | $7,078 |
| Total expenses | $137,353 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $162,077 |
| Other assets | $0 |
| Total assets | $162,077 |
| Total liabilities | $9,263 |
| Net assets or fund balances | $152,814 |
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