Glenwood Waterama Inc
- Assets
- $88.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Glenwood, MN
- Founding
- 03/2005
- Data as of
- 09/2023
- EIN
- 30-0289542
Organization Overview
Glenwood Waterama Inc is located in Glenwood, MN. The organization was established in 2005. According to its NTEE Classification (N52) the organization is classified as: Fairs, 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. Glenwood Waterama 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 09/2023, Glenwood Waterama Inc generated $104.0k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 2.9% each year. All expenses for the organization totaled $108.2k during the year ending 09/2023. While expenses have increased by 8.1% per year over the past 4 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
2023
Describe the Organization's Program Activity:
Part 3
SEE SCHEDULE O
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sara Stadther Director | 4 | $0 | |
Terry Jones President | 4 | $0 | |
Angie Vanzee Vice President | 4 | $0 | |
Sarah Iverson 2nd Vice President | 4 | $0 | |
Jennifer Gullickson Director | 2 | $0 | |
Dane Ankeny Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $39,105 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $64,899 |
| Other Revenue | $0 |
| Total Revenue | $104,004 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $108,236 |
| Total expenses | $108,236 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $88,886 |
| Other assets | $0 |
| Total assets | $88,886 |
| Total liabilities | $0 |
| Net assets or fund balances | $88,886 |