Lorain County Bar Association
- Assets
- $69.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Elyria, OH
- Founding
- 10/1990
- Data as of
- 06/2024
- EIN
- 34-0825593
Organization Overview
Lorain County Bar Association is located in Elyria, OH. The organization was established in 1990. According to its NTEE Classification (I03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Crime & Legal-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lorain County Bar Association is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 06/2024, Lorain County Bar Association generated $198.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (4.3%) each year. All expenses for the organization totaled $199.3k during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by (3.0%) per year over the past 4 years. 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
2024
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION CONDUCTS SEMINARS AND EVENTS ANDPUBLISHES A NEWSLETTER. THESE ACTIVITIES ENHANCETHE PRACTICE OF LAW IN LORAIN COUNTY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jessica Baggett Trustee | 1 | $0 | |
Giovanna Bremke Trustee | 1 | $0 | |
Adam Bryda Treasurer | 1 | $0 | |
David Muhek Trustee | 1 | $0 | |
Doug Henry Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $31,730 |
| Total Program Service Revenue | $51,747 |
| Membership dues | $44,160 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $70,819 |
| Total Revenue | $198,456 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $108,696 |
| Professional fees and other payments to independent contractors | $22,625 |
| Occupancy, rent, utilities, and maintenance | $11,365 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $56,638 |
| Total expenses | $199,324 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $54,300 |
| Other assets | $0 |
| Total assets | $69,624 |
| Total liabilities | $47,171 |
| Net assets or fund balances | $22,453 |