Lakenridge Club Inc
- Assets
- $139.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- White Plains, NY
- Founding
- 09/1973
- Data as of
- 12/2021
- EIN
- 13-2708575
Organization Overview
Lakenridge Club Inc is located in White Plains, NY. The organization was established in 1973. 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. Lakenridge 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, Lakenridge Club Inc generated $111.4k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.6% each year. All expenses for the organization totaled $89.7k during the year ending 12/2021. While expenses have increased by 5.5% per year over the past 6 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
SWIMMING, WATER SAFETY, LIFE SAVING INSTRUCTION FOR CHILDREN
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kyle Harris Co-President | 10 | $0 | |
Cormac Daly Treasurer | 10 | $0 | |
Robert Repetti Co-President | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,719 |
| Total Program Service Revenue | $0 |
| Membership dues | $99,430 |
| Investment income | $9 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $5,288 |
| Other Revenue | $0 |
| Total Revenue | $111,446 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $44,648 |
| Professional fees and other payments to independent contractors | $35 |
| Occupancy, rent, utilities, and maintenance | $25,034 |
| Printing, publications, postage, and shipping | $5,820 |
| Other expenses | $14,113 |
| Total expenses | $89,650 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $129,075 |
| Other assets | $0 |
| Total assets | $139,020 |
| Total liabilities | $0 |
| Net assets or fund balances | $139,020 |
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