Lighthouse Point Assoc Inc is located in Essex, CT. The organization was established in 1961. 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. Lighthouse Point Assoc Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 09/2018, Lighthouse Point Assoc Inc generated $45.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (7.4%) each year. All expenses for the organization totaled $43.3k during the year ending 09/2018. As we would expect to see with falling revenues, expenses have declined by (1.2%) per year over the past 4 years. 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
2018
Describe the Organization's Program Activity:
Part 3
THE ASSOCIATION OPERATES A PRIVATE RECREATIONAL FACILITY IN THE BOROUGH OF FENWICK, OLD SAYBROOK, CT. IT SERVES 25 FAMILIES AND IS NOT OPEN TO THE PUBLIC.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Bruce Glowac President | 0.5 | $0 | |
Ernest Reamer Vice Preside | 0.25 | $0 | |
Robin Pool Secretary | 0.25 | $0 | |
John Bauer Treasurer | 0.5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $420 |
Membership dues | $45,161 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $45,581 |
Statement of Expenses | |
---|---|
Total expenses | $43,323 |
Balance Sheet | |
---|---|
Total assets | $20,735 |
Total liabilities | $0 |
Net assets or fund balances | $20,735 |
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