Cool Lake Property Owners Assoc is located in Irons, MI. The organization was established in 1999. 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. Cool Lake Property Owners Assoc 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 12/2021, Cool Lake Property Owners Assoc generated $4.1k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 25.5% each year . All expenses for the organization totaled $2.7k during the year ending 12/2021. While expenses have increased by 17.9% 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
2021
Describe the Organization's Program Activity:
Part 3
NONE
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Kristin Pawlowski Secretary | 5 | $99 | |
Kathy Ann Fischer Vice-Presiident | 1 | $0 | |
Leonard Trasciatti Trustee | 1 | $0 | |
Lois Sorek Treasurer | 1 | $0 | |
David Mckellar Trustee | 1 | $0 | |
Jacqueline Mckellar President | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $3,421 |
Total Program Service Revenue | $0 |
Membership dues | $680 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $4,101 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $2,562 |
Salaries, other compensation, and employee benefits | $99 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $86 |
Other expenses | $0 |
Total expenses | $2,747 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $4,888 |
Other assets | $0 |
Total assets | $4,888 |
Total liabilities | $0 |
Net assets or fund balances | $4,888 |
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