Washington Lake Association Inc
- Assets
- $341.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Washington Township, NJ
- Founding
- 10/1954
- Data as of
- 12/2021
- EIN
- 22-6063710
Organization Overview
Washington Lake Association Inc is located in Washington Township, NJ. The organization was established in 1954. 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. Washington 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 12/2021, Washington Lake Association Inc generated $88.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.7% each year. All expenses for the organization totaled $78.1k during the year ending 12/2021. While expenses have increased by 7.6% per year over the past 7 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
2021
Describe the Organization's Program Activity:
Part 3
IMPROVE, MAINTAIN, LIGHT, CLEAN, CARE FOR LAKE, BROOKS, DAMS, PARKS, LANES, SIDEWALKS AND COMMUNITY LANDS, ETC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeffrey Rogers VP & Trustee | 2 | $0 | |
Jack Bogosian Trustee | 2 | $0 | |
Bill Fahey Trustee | 2 | $0 | |
Robb Bocchino Trustee | 2 | $0 | |
Rita A Sehn Secretary | 2 | $0 | |
Anthony Passanante President & Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $88,093 |
| Investment income | $443 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $88,536 |
| 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 | $4,997 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $214 |
| Other expenses | $72,900 |
| Total expenses | $78,111 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $59,206 |
| Other assets | $0 |
| Total assets | $341,746 |
| Total liabilities | $0 |
| Net assets or fund balances | $341,746 |
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