Point Lookout Improvement Company is located in Au Gres, MI. The organization was established in 1946. According to its NTEE Classification (A60) the organization is classified as: Performing Arts, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Point Lookout Improvement Company is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 03/2022, Point Lookout Improvement Company generated $55.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.8% each year. All expenses for the organization totaled $37.5k during the year ending 03/2022. While expenses have increased by 4.8% 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION SERVES 125 FAMILIES BY CONSERVING AND MAINTAINING THE COMMON GROUNDS. IT ALSO PROMOTES MEMBERFELLOWSHIP THROUGH GROUP ACTIVITIES AND NEWSLETTERS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jamie Burns President | 1 | $0 | |
Bob Cady Vice President | 1 | $0 | |
Donald Spence Secretary | 1 | $0 | |
Donald Linkert Treasurer | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $5,665 |
Total Program Service Revenue | $0 |
Membership dues | $43,445 |
Investment income | $118 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $6,579 |
Other Revenue | $0 |
Total Revenue | $55,827 |
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 | $700 |
Occupancy, rent, utilities, and maintenance | $2,263 |
Printing, publications, postage, and shipping | $456 |
Other expenses | $34,039 |
Total expenses | $37,458 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $186,244 |
Other assets | $0 |
Total assets | $386,244 |
Total liabilities | $0 |
Net assets or fund balances | $386,244 |
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