Hamilton Lake Association Incorporated is located in Hamilton, IN. The organization was established in 1988. 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. Hamilton Lake Association Incorporated 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 12/2021, Hamilton Lake Association Incorporated generated $124.6k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.3%) each year. All expenses for the organization totaled $122.1k during the year ending 12/2021. 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
REGULATE & CONTROL WEEDS ON HAMILTON LAKE. TREATMENT OF CURLY LEAF PONDWEED, EURASIAN WATERMILFOIL AS WELL AS NATIVE PLANTS DURING THE YEAR. 250 ACRES WERE TREATED FOR CURLY LEAF PONDWEED. SEVEN ACRES OF NATIVE PLANTS WERE ALSO TREATED DURING THE YEAR. ALGAE TREATMENTS WERE PERFORMED ALONG THE SHORELINE. THE POKER RUN WAS HELD IN JULY, SELLING NINE-HUNDRED TICKETS AND RAISING 15,015 IN GROSS RECEIPTS TO AID IN THE ABILITY TO PROVIDE PLANT/WEEDS MANAGEMENT ON HAMILTON LAKE. NINE HOMOWNERS PROVIDE THEIR TIME, ENERGY FOR VARIOUS PIER STOPS DURING THE EVENT.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Toni Justice Director | 0 | $0 | |
Jan Miller Director | 0 | $0 | |
Peggy Hayden President | 0 | $0 | |
Gina Freer Director | 0 | $0 | |
Dave Price Director | 0 | $0 | |
Cathy Wagenknecht Vice Preside | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $108,849 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $43 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $15,475 |
Other Revenue | $0 |
Total Revenue | $124,623 |
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 | $5,440 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $399 |
Other expenses | $116,300 |
Total expenses | $122,139 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $465,670 |
Other assets | $0 |
Total assets | $465,670 |
Total liabilities | $0 |
Net assets or fund balances | $465,670 |
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