Lake O The Woods Club Inc

Organization Overview

Lake O The Woods Club Inc is located in Valparaiso, IN. The organization was established in 1942. According to its NTEE Classification (C36) the organization is classified as: Forest Conservation, 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. Lake O The Woods Club Inc 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 O The Woods Club Inc generated $237.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.8% each year. All expenses for the organization totaled $178.0k during the year ending 12/2021. While expenses have increased by 4.3% 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 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO SECURE FOR MEMBERS THE BENEFICIAL RESULTS OF OUT OF DOOR RECRETATION AND SPORTS THRU FREE PHYSICAL CULTURE, TO ENSURE THE MEMBER IN THE DEVELOPMENT OF HEALTHY BODIES AN ACTIVE MINDS. TO ENLIST THE ORGANIZED SUPPORT OF THE MEMBERS TO THE ENCOURAGEMENT OF PROGRESSIVE IDEAS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SOCIAL ORGANIZATION - MEMBER SERVICES AND PROPERTY MAINTENANCE


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Board, Officers & Key Employees

Name (title)Compensation
Roland Lock
President
$0
Don Gross
Vice President
$0
Catherine Petroskey
Treasurer
$0
Kenneth Petroskey
Secretary
$0
Chuck Bowman
Director
$0
Mark Split
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$1,628
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,628
Total Program Service Revenue$209,991
Investment income $2,660
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $5,050
Net Gain/Loss on Asset Sales $2,520
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $1,706
Miscellaneous Revenue$0
Total Revenue $237,232

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