Lake Martin Resource Association Inc
- Assets
- $218.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Alexander City, AL
- Founding
- 01/1971
- Data as of
- 12/2022
- EIN
- 23-7080640
Organization Overview
Lake Martin Resource Association Inc is located in Alexander City, AL. The organization was established in 1971. According to its NTEE Classification (C02) the organization is classified as: Management & Technical Assistance, 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 Martin Resource Association Inc 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 Martin Resource Association Inc generated $104.5k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 5.4% each year. All expenses for the organization totaled $51.4k during the year ending 12/2022. While expenses have increased by 6.2% per year over the past 3 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 |
|---|---|---|---|
Jodie Mcgirt President | 1 | $0 | |
Thomas T Lamberth Treasurer | 1 | $0 | |
Laurie Sturdivant Secretary | 1 | $0 | |
Steve Forehand Legal Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $104,539 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $104,539 |
| 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 | $175 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $3,584 |
| Other expenses | $47,612 |
| Total expenses | $51,371 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $218,949 |
| Other assets | $0 |
| Total assets | $218,949 |
| Total liabilities | $3,350 |
| Net assets or fund balances | $215,599 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Ascent Project Inc Atlanta, GA | $203,305 | $904,321 |
Florida Water Resources Conference Inc Merritt Island, FL | $1,017,730 | $1,218,497 |
Lake Martin Resource Association Inc Alexander City, AL | $218,949 | $0 |
Southern Environmental Enforcement Training Fund East Point, GA | $1,448,261 | $87,689 |
Hotplanetrepairteaminc Naples, FL | $350 | $0 |