Lake Michigan Beach Property Owners Assn Inc
- Assets
- $147.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Riverside, MI
- Founding
- 04/1946
- Data as of
- 12/2023
- EIN
- 38-1441752
Organization Overview
Lake Michigan Beach Property Owners Assn Inc is located in Riverside, MI. The organization was established in 1946. According to its NTEE Classification (L50) the organization is classified as: Homeowners & Tenants Associations, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lake Michigan Beach Property Owners Assn Inc 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 12/2023, Lake Michigan Beach Property Owners Assn Inc generated $100.0k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (0.1%) each year. All expenses for the organization totaled $100.1k during the year ending 12/2023. 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
2023
Describe the Organization's Program Activity:
Part 3
MAINTAIN AND PRESERVE PROPERTY IN ACCORDANCE WITH ASSOCIATION BY-LAWS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tim Jones Trustee | 1 | $0 | |
Justin Jungman Trustee | 1 | $0 | |
Matt Malinger Trustee | 1 | $0 | |
Crystal Lombardi Trustee | 1 | $0 | |
Jeff Frasher Trustee | 1 | $0 | |
Ilona Kraft Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $95,777 |
| Investment income | $403 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $3,012 |
| Other Revenue | $850 |
| Total Revenue | $100,042 |
| 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 | $994 |
| Occupancy, rent, utilities, and maintenance | $28,511 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $70,644 |
| Total expenses | $100,149 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $147,570 |
| Other assets | $0 |
| Total assets | $147,570 |
| Total liabilities | $0 |
| Net assets or fund balances | $147,570 |