Geneganslet Lake Association Inc
- Assets
- $285.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- McDonough, NY
- Founding
- 06/1977
- Data as of
- 05/2022
- EIN
- 16-1074048
Organization Overview
Geneganslet Lake Association Inc is located in McDonough, NY. The organization was established in 1977. 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. Geneganslet Lake Association Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 05/2022, Geneganslet Lake Association Inc generated $67.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.4% each year. All expenses for the organization totaled $36.5k during the year ending 05/2022. 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
TO HOLD & MAINTAIN PROPERTY FOR THE PLEASURE, HEALTH AND ENJOYMENT OF THE MEMBERSHIP
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Roger Monaco President | 3 | $0 | |
Linda Best Secretary | 3 | $0 | |
Lori Adamo Vice President | 3 | $0 | |
Marie Abbondondolo Treasurer | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $66,913 |
| Investment income | $371 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $67,284 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $910 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $35,570 |
| Total expenses | $36,480 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $162,083 |
| Other assets | $0 |
| Total assets | $285,658 |
| Total liabilities | $0 |
| Net assets or fund balances | $285,658 |
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