Lake Hiram Club Inc is located in Arcade, NY.
For the year ending 05/2022, Lake Hiram Club Inc generated $181.2k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.2% each year. All expenses for the organization totaled $191.0k during the year ending 05/2022. While expenses have increased by 4.7% 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
2022
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.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Ronald I Smith Treasurer | 2 | $250 | |
Ellen Chandler Secretary | 2 | $250 | |
Rod Macrae Grounds Superintendent | 2 | $200 | |
Jeffrey Carlino President | 4 | $100 | |
David Brooks Vice President | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $180,023 |
Investment income | $16 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $181,174 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $4,067 |
Professional fees and other payments to independent contractors | $1,984 |
Occupancy, rent, utilities, and maintenance | $159,460 |
Printing, publications, postage, and shipping | $420 |
Other expenses | $24,857 |
Total expenses | $190,988 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $162,816 |
Other assets | $0 |
Total assets | $362,888 |
Total liabilities | $0 |
Net assets or fund balances | $362,888 |
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