Lake Hiram Club Inc
- Assets
- $372.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Arcade, NY
- Founding
- Data as of
- 05/2024
- EIN
- 16-0804100
Organization Overview
Lake Hiram Club Inc is located in Arcade, NY.
For the year ending 05/2024, Lake Hiram Club Inc generated $184.5k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.1% each year. All expenses for the organization totaled $170.7k during the year ending 05/2024. While expenses have increased by 2.1% per year over the past 8 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
2024
Describe the Organization's Program Activity:
Part 3
PROVIDE RECREATION FOR MEMBERS AND THEIR FAMILIES. FACILITIES INCLUDE LAKES, WOODLANDS, AND A LODGE. ACTIVITIES INCLUDE BOATING, FISHING, HIKING AND SOCIAL GATHERINGS. SERVES 59 MEMBER FAMILIES. EXPENSES ARE TO MAINTAIN FACILITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William Tillner President | 4 | $0 | |
Bryan Moulton Secretary | 4 | $0 | |
Ronald Smith Treasurer | 4 | $0 | |
David Brooks Vice President | 4 | $0 | |
Roderick Macrae Grounds Superitendent | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $175,232 |
| Investment income | $7,047 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $2,180 |
| Total Revenue | $184,459 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $800 |
| Professional fees and other payments to independent contractors | $4,226 |
| Occupancy, rent, utilities, and maintenance | $143,742 |
| Printing, publications, postage, and shipping | $128 |
| Other expenses | $21,601 |
| Total expenses | $170,697 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $195,861 |
| Other assets | $0 |
| Total assets | $372,658 |
| Total liabilities | $0 |
| Net assets or fund balances | $372,658 |