International Association Of Lions Clubs
- Assets
- $73.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 3
- Location
- Hoffman, MN
- Founding
- 12/1969
- Data as of
- 06/2022
- EIN
- 23-7025524
Organization Overview
International Association Of Lions Clubs is located in Hoffman, MN. The organization was established in 1969. According to its NTEE Classification (S80) the organization is classified as: Community Service Clubs, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 05/2022, International Association Of Lions Clubs employed 3 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. International Association Of Lions Clubs 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 06/2022, International Association Of Lions Clubs generated $26.3k 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 (13.8%) each year. All expenses for the organization totaled $21.6k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (16.5%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO SERVE HUMANITY AROUND THE WORLD AND AT A LOCAL LEVEL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ADVANCE, PROVIDE AND IMPROVE COMMUNITY-CENTERED SERVICES AND EVENTS; POSITIVELY INFLUENCE AND SUPPORT STUDENT ADUCATION AND EXTRACURRICULAR ACTIVITIES.
ADVANCE, PROVIDE AND IMPROVE COMMUNITY-CENTERED SERVICES AND EVENTS; POSITIVELY INFLUENCE AND SUPPORT STUDENT EDUCATION AND EXTRACURRICULAR ACTIVITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rachel Johnson Director | 0.25 | $900 | |
Ed Bolas 1st Vice Pres | 0.25 | $0 | |
Mary Bolas President | 0.25 | $0 | |
Muriel Krusemark Chairwoman | 0.25 | $0 | |
Shirley Sampson Secretary | 0.25 | $0 | |
Judy Swanson Treasurer | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $60 |
| Membership dues | $1,170 |
| Investment income | $4 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $25,083 |
| Other Revenue | $17 |
| Total Revenue | $26,274 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $37,681 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $975 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $13,540 |
| Total expenses | $21,565 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $73,381 |
| Other assets | $0 |
| Total assets | $73,381 |
| Total liabilities | $161 |
| Net assets or fund balances | $73,220 |
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