Cream Hill Lake Association
- Assets
- $291.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- West Cornwall, CT
- Founding
- 04/1959
- Data as of
- 12/2021
- EIN
- 06-0672470
Organization Overview
Cream Hill Lake Association is located in West Cornwall, CT. The organization was established in 1959. According to its NTEE Classification (C32) the organization is classified as: Water Resources, Wetlands Conservation & Management, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cream Hill Lake Association 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, Cream Hill Lake Association generated $182.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.1% each year. All expenses for the organization totaled $215.9k during the year ending 12/2021. While expenses have increased by 7.2% 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
TENNIS PROGRAMMING SWIMMING AREA SOCIAL EVENTS. 250 CLUB MEMBERSHIPS.
TENNIS PROGRAMMING SWIMMING AREA SOCIAL EVENTS. 250 CLUB MEMBERSHIPS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tory Jadow Vice President | 1 | $0 | |
Loren Bevans President | 1 | $0 | |
Anne Kosciusko Secretary-Treasurer | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $127,547 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $54,911 |
| Total Revenue | $182,458 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $56,263 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $28,074 |
| Printing, publications, postage, and shipping | $114 |
| Other expenses | $131,409 |
| Total expenses | $215,860 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $4,016 |
| Other assets | $0 |
| Total assets | $291,912 |
| Total liabilities | $0 |
| Net assets or fund balances | $291,912 |
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