Algonac Lions Charities Inc
- Assets
- $324.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Algonac, MI
- Founding
- 05/2004
- EIN
- 32-0104818
Organization Overview
Algonac Lions Charities Inc is located in Algonac, MI. The organization was established in 2004. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Algonac Lions Charities Inc 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 undefined, Algonac Lions Charities Inc generated $57.5k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.1% each year. All expenses for the organization totaled $60.5k during the year ending undefined. While expenses have increased by 6.0% per year over the past 8 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
Describe the Organization's Program Activity:
DONATIONS TO OTHER LOCAL ORGANIZATIONS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jerry Pawelski Treasurer | 2 | $0 | |
Don Matzka Director | 2 | $0 | |
Gary Miodawski President | 2 | $0 | |
Elie Nahed Secretary | 2 | $0 | |
William Brady Director | 2 | $0 | |
Rich Hick Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $17,831 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $39,629 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $57,460 |
| Statement of Expenses | |
|---|---|
| Total expenses | $60,465 |
| Balance Sheet | |
|---|---|
| Total assets | $324,778 |
| Total liabilities | $0 |
| Net assets or fund balances | $324,778 |