Salmon Unlimited Inc
- Assets
- $26.5k
- Revenue
- $7.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Bartlett, IL
- Founding
- 02/1973
- Data as of
- 12/2021
- EIN
- 23-7200914
Organization Overview
Salmon Unlimited Inc is located in Bartlett, IL. The organization was established in 1973. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Salmon Unlimited 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, Salmon Unlimited Inc generated $7.1k 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 (14.2%) each year. All expenses for the organization totaled $25.3k during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
LAKE MICHIGAN CONSERVATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CLUB EDUCATES ITS MEMBERS TO THE VARIOUS ISSUES FACING LAKE MICHIGAN CONSERVATION THROUGH PROGRAMS PRESENTED AT MONTHLY MEETINGS AND ARTICLES IN A MONTHLY NEWSLETTER.
12 MONTHLY MEETINGS DURING WHICH PROGRAMS RELATED TO LAKE MICHIGAN CONSERVATION AND RECREATION ISSUES ARE PRESENTED. MEETINGS ARE OPEN TO MEMBERS AND NON MEMBERS AND ARE ATTENDED BY APPROXIMATELY 40 TO 100 INDIVIDUALS. THERE IS NO CHARGE FOR ADMISSION FOR ANY ATTENDEE.
12 MONTHLY NEWSLETTERS DELIVERED TO APPROXIMATELY 330 CLUB MEMBERS. NEWSLETTERS INFORM THE READERS AS TO CLUB EVENTS AND ISSUES RELATED TO LAKE MICHIGAN CONSERVATION AND RECREATION.
GRANT TO 501C3 CHARITABLE ORGANIZATION (SALMON UNLIMITED CONSERVATION AND CHARITABLE TRUST).
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jack Olles President | Officer | 5 | $0 |
Bill Meier Treasurer | Officer | 2 | $0 |
Mike Mayworm Secretary | Officer | 2 | $0 |
Chris Wojtowicz Vice Preside | Officer | 2 | $0 |
Lou Champa Board Chairm | Officer | 2 | $0 |
Jim Stepp Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $1,845 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $180 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,025 |
| Total Program Service Revenue | $8,045 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$2,705 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$222 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,143 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $17,579 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $250 |
| Office expenses | $2,394 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,854 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $93 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,141 |
| All other expenses | $63 |
| Total functional expenses | $25,311 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $26,522 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $26,522 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $26,522 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $26,522 |
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