Keuka Lake Wine Trail
- Assets
- $49.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Penn Yan, NY
- Founding
- 06/2003
- Data as of
- 12/2021
- EIN
- 16-1563929
Organization Overview
Keuka Lake Wine Trail is located in Penn Yan, NY. The organization was established in 2003. According to its NTEE Classification (S46) the organization is classified as: Boards of Trade, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Keuka Lake Wine Trail is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2021, Keuka Lake Wine Trail generated $50.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (18.5%) each year. All expenses for the organization totaled $29.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (23.8%) per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE THE NYS WINE INDUSTRY AND LOCAL TOURISM PRIMARILY IN THE KEUKA LAKE AREA
Describe the Organization's Program Activity:
Part 3
PROMOTION OF THE WINE INDUSTRY IN NYS AND THE KEUKA LAKE AREA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeanne Wiltberger President | 1 | $0 | |
Jeremiah Sprague Vice President | 1 | $0 | |
Tessa Olsen Secetary | 1 | $0 | |
Nicole Folts Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $16,200 |
| Total Program Service Revenue | $23,249 |
| Membership dues | $7,750 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $3,732 |
| Total Revenue | $50,931 |
| 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 | $6,263 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $740 |
| Other expenses | $19,476 |
| Total expenses | $29,479 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $49,841 |
| Other assets | $0 |
| Total assets | $49,841 |
| Total liabilities | $1,046 |
| Net assets or fund balances | $48,795 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Keuka Lake Wine Trail has recieved totaling $15,000.
| Awarding Organization | Amount |
|---|---|
Yates County Chamber Of Commerce Inc Penn Yan, NY PURPOSE: Promote Finger Lakes Tourism | $15,000 |
Peer Organizations
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|---|---|---|
Meet Ac Atlantic City, NJ | $1,297,633 | $9,877,625 |
Southern Tier Rural Integrated Performing Provider System Inc Binghamton, NY | $93,646,541 | $188,761 |
Hong Kong Trade Development Council Inc New York, NY | $1,322,669 | $4,447,221 |
Plumb Club Of New York State Inc Englewood, NJ | $4,015,109 | $3,124,546 |
Leadingage Pa Mechanicsburg, PA | $5,513,628 | $3,623,011 |
Hydraulic Institute Parsippany, NJ | $5,955,075 | $2,798,484 |
International Association Of Credit Portfolio Managers Inc New York, NY | $3,469,133 | $2,422,450 |
Call Before You Dig Inc Hamden, CT | $1,482,458 | $2,467,576 |
New England Trade Adjustment Assistance Center Inc North Billerica, MA | $129,956 | $1,964,794 |
Ascend Inc New York, NY | $5,589,868 | $3,173,147 |
Rhode Island Lumber & Building Material Dealers Association Rensselaer, NY | $6,807,037 | $1,588,921 |
Investment Casting Institute Montvale, NJ | $1,572,753 | $1,511,176 |