Lake Chelan Recreation Development Foundation
- Assets
- $54.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Chelan, WA
- Founding
- 03/1999
- Data as of
- 12/2023
- EIN
- 31-1633981
Organization Overview
Lake Chelan Recreation Development Foundation is located in Chelan, WA. The organization was established in 1999. According to its NTEE Classification (N32) the organization is classified as: Parks & Playgrounds, 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. Lake Chelan Recreation Development Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Lake Chelan Recreation Development Foundation generated $70.7k in total revenue. All expenses for the organization totaled $55.8k during the year ending 12/2023. While expenses have increased by 20.0% per year over the past 9 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
RAISING FUNDS FOR PUBLIC RECREATION, FACILITIES, TRAILS AND WATER QUALITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Philip Long President | 0 | $0 | |
Zach Kershner Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $70,624 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $67 |
| Total Revenue | $70,691 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $11,987 |
| Professional fees and other payments to independent contractors | $2,632 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $41,177 |
| Total expenses | $55,796 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $49,294 |
| Other assets | $0 |
| Total assets | $54,763 |
| Total liabilities | $0 |
| Net assets or fund balances | $54,763 |