Lake Elsinore Soaring Club

Organization Overview

Lake Elsinore Soaring Club is located in Wildomar, CA. The organization was established in 1993. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, 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 Elsinore Soaring Club 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, Lake Elsinore Soaring Club generated $95.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.6% each year. All expenses for the organization totaled $96.3k during the year ending 12/2021. While expenses have increased by 2.4% per year over the past 7 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.

Mission & Program ActivityExcerpts From the 990EZ Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3

RECREATION & SPORTS PROGRAMS. GENERAL/OTHER: PROVIDE TOW SERVICES FOR GLIDERS, PROVIDE GLIDER FLYING INSTRUCTION, PROVIDE INTRODUCTORY GLIDER RIDES TO THE PUBLIC BY CLUB MEMBERS, AND SPONSORING OF SOCIAL EVENTS


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Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$794
Total Program Service Revenue$53,032
Membership dues$27,076
Investment income $0
Gain or Loss$0
Net Income from Gaming & Fundraising$0
Other Revenue$14,360
Total Revenue$95,262

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