Point Lookout Improvement Company
- Assets
- $410.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Au Gres, MI
- Founding
- 12/1946
- Data as of
- 03/2024
- EIN
- 38-0934085
Organization Overview
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 03/2024, Point Lookout Improvement Company generated $69.7k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 4.7% each year. All expenses for the organization totaled $36.9k during the year ending 03/2024. While expenses have increased by 3.5% per year over the past 9 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
2024
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
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Board, Officers & Key Employees
| 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 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $15,095 |
| Total Program Service Revenue | $0 |
| Membership dues | $42,700 |
| Investment income | $3,487 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $8,461 |
| Other Revenue | $0 |
| Total Revenue | $69,743 |
| 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 | $925 |
| Occupancy, rent, utilities, and maintenance | $2,747 |
| Printing, publications, postage, and shipping | $339 |
| Other expenses | $32,861 |
| Total expenses | $36,872 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $210,334 |
| Other assets | $0 |
| Total assets | $410,334 |
| Total liabilities | $0 |
| Net assets or fund balances | $410,334 |