Lake Intervale Management Association
- Assets
- $188.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Boonton, NJ
- Founding
- 09/1983
- Data as of
- 12/2022
- EIN
- 22-1689904
Organization Overview
Lake Intervale Management Association is located in Boonton, NJ. The organization was established in 1983. 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. Lake Intervale Management Association is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2022, Lake Intervale Management Association generated $62.0k in total revenue. The organization has seen a slow decline revenue. Over the past 2 years, revenues have fallen by an average of (2.2%) each year. All expenses for the organization totaled $44.5k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (4.1%) per year over the past 2 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anthony Zitelli Director / President | 5 | $0 | |
Chris Ward Director / Secretary | 2 | $0 | |
Chris O'dell Director | 2 | $0 | |
Amy Knag Director | 3 | $0 | |
Isabel Lucas Director | 2 | $0 | |
Kathy Pierce Director | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $421 |
| Total Program Service Revenue | $0 |
| Membership dues | $61,562 |
| Investment income | $37 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $62,020 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $6 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $24,761 |
| Printing, publications, postage, and shipping | $557 |
| Other expenses | $19,223 |
| Total expenses | $44,547 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $109,832 |
| Other assets | $0 |
| Total assets | $188,400 |
| Total liabilities | $13 |
| Net assets or fund balances | $188,387 |