Lakeland Marine Retailers Association Inc
- Assets
- $151.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Quincy, MI
- Founding
- 01/1983
- Data as of
- 12/2022
- EIN
- 35-1485433
Organization Overview
Lakeland Marine Retailers Association Inc is located in Quincy, MI. The organization was established in 1983. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lakeland Marine Retailers Association Inc 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 12/2022, Lakeland Marine Retailers Association Inc generated $148.2k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (0.2%) each year. All expenses for the organization totaled $148.3k during the year ending 12/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
EACH YEAR, THE ASSOCATION HOSTS A BOAT SHOW IN FORT WAYNE, INDIANA. THE SHOW WAS NOT HELD IN 2021 DUE TO COVID BUT RETURNED IN 2022.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Terry Archbold Director | 0 | $0 | |
Terry Van Daele President | 0 | $0 | |
Mike Marsh Director | 0 | $0 | |
Doug Anderson Secretary | 0 | $0 | |
Bryan Reynolds Director | 0 | $0 | |
Dave Aker Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $148,209 |
| Membership dues | $0 |
| Investment income | $7 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $148,216 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $16,995 |
| Occupancy, rent, utilities, and maintenance | $25,093 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $106,211 |
| Total expenses | $148,299 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $133,392 |
| Other assets | $0 |
| Total assets | $151,411 |
| Total liabilities | $129,075 |
| Net assets or fund balances | $22,336 |