Wareham Lake Shores & Improvement Association Inc
- Assets
- $118.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- East Wareham, MA
- Founding
- 10/1985
- Data as of
- 12/2023
- EIN
- 22-2630877
Organization Overview
Wareham Lake Shores & Improvement Association Inc is located in East Wareham, MA. The organization was established in 1985. According to its NTEE Classification (C03) the organization is classified as: Professional Societies & Associations, 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. Wareham Lake Shores & Improvement 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 12/2023, Wareham Lake Shores & Improvement Association Inc generated $24.2k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 2.1% each year. All expenses for the organization totaled $11.2k during the year ending 12/2023. While expenses have increased by 4.6% per year over the past 9 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Yvonne Kinsman Treasurer | 20 | $0 | |
Marcia Joseph President | 10 | $0 | |
Michael Morse Trustee | 10 | $0 | |
Pam Smith-Paquette Trustee | 10 | $0 | |
Marguerite Kelley Trustee | 10 | $0 | |
Matthew Shannon Trustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $24,244 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $24,244 |
| 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 | $495 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $295 |
| Other expenses | $10,369 |
| Total expenses | $11,159 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $12,428 |
| Other assets | $0 |
| Total assets | $118,629 |
| Total liabilities | $0 |
| Net assets or fund balances | $118,629 |