Norford Lake Club Inc
- Assets
- $145.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Hanover, NH
- Founding
- 01/1946
- Data as of
- 12/2021
- EIN
- 03-0145315
Organization Overview
Norford Lake Club Inc is located in Hanover, NH. The organization was established in 1946. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, 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. Norford Lake Club Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2021, Norford Lake Club Inc generated $37.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.9% each year. All expenses for the organization totaled $26.2k during the year ending 12/2021. While expenses have increased by 0.7% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
THE CLUB MAINTAINS A POND AND SURROUNDING LAND FOR TROUT FISHING. THE LAND IS ENROLLED IN THE VT CURRENT USE PROGRAM FOR FORESTRY. THE CLUB HAS 60 ACTIVE MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paul Gross Treasurer | 1 | $0 | |
Paul Sellman Director | 1.5 | $0 | |
Tom Randall Director | 1 | $0 | |
David W Eckels Director | 1 | $0 | |
Dennis Devaux Secretary | 0.5 | $0 | |
Jeff Hastings President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $30,400 |
| Investment income | $6,574 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $36,974 |
| 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 | $1,320 |
| Occupancy, rent, utilities, and maintenance | $2,188 |
| Printing, publications, postage, and shipping | $26 |
| Other expenses | $22,622 |
| Total expenses | $26,156 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $136,801 |
| Other assets | $0 |
| Total assets | $145,754 |
| Total liabilities | $0 |
| Net assets or fund balances | $145,754 |
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