Lake Elmore Association Inc
- Assets
- $120.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lake Elmore, VT
- Founding
- 12/2019
- Data as of
- 12/2023
- EIN
- 35-2646572
Organization Overview
Lake Elmore Association Inc is located in Lake Elmore, VT. The organization was established in 2019. According to its NTEE Classification (C32) the organization is classified as: Water Resources, Wetlands Conservation & Management, 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 Elmore Association 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 12/2023, Lake Elmore Association Inc generated $74.6k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 14.8% each year . All expenses for the organization totaled $35.6k during the year ending 12/2023. While expenses have increased by 3.3% per year over the past 5 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Glenn Schwartz President | 4 | $0 | |
Cheryl Barkley Vice Preside | 3 | $0 | |
Bruce Olsson Recording Se | 2 | $0 | |
Melissa Dimotta Correspond S | 2 | $0 | |
Cheryl Schwartz Treasurer | 3 | $0 | |
Martha Twombley Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $67,430 |
| Total Program Service Revenue | $0 |
| Membership dues | $3,250 |
| Investment income | $744 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $3,152 |
| Other Revenue | $0 |
| Total Revenue | $74,576 |
| 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 | $21,113 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $78 |
| Other expenses | $14,458 |
| Total expenses | $35,649 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $120,432 |
| Other assets | $0 |
| Total assets | $120,432 |
| Total liabilities | $0 |
| Net assets or fund balances | $120,432 |