Canadian Lakes Association Inc
- Assets
- $54.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Stanwood, MI
- Founding
- 04/1984
- Data as of
- 12/2022
- EIN
- 38-2180900
Organization Overview
Canadian Lakes Association Inc is located in Stanwood, MI. The organization was established in 1984. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Canadian Lakes Association Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2022, Canadian Lakes Association Inc generated $59.9k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.8% each year. All expenses for the organization totaled $66.2k during the year ending 12/2022. While expenses have increased by 4.1% per year over the past 8 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 |
|---|---|---|---|
Sharon Schmidt Secretary | 5 | $0 | |
Alice Brandt Treasurer | 5 | $0 | |
Harold Wolf President | 20 | $0 | |
Margaret Brohl Vice President | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $23 |
| Total Program Service Revenue | $11,123 |
| Membership dues | $26,080 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $22,646 |
| Total Revenue | $59,872 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $816 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $25,607 |
| Printing, publications, postage, and shipping | $33,346 |
| Other expenses | $6,457 |
| Total expenses | $66,226 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $54,766 |
| Other assets | $0 |
| Total assets | $54,766 |
| Total liabilities | $0 |
| Net assets or fund balances | $54,766 |
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