Lakeland National
- Assets
- $51.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Allen, TX
- Founding
- Data as of
- 12/2021
- EIN
- 38-4022541
Organization Overview
Lakeland National is located in Allen, TX. Lakeland National is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2021, Lakeland National generated $25.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (5.1%) each year. All expenses for the organization totaled $17.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (26.7%) per year over the past 2 years. 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
THE ORGANIZATION PARTICIPATES IN TRADE SHOWS WERE IT PROMOTES THE VARIOUS PRODUCT LINES OF IT'S MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Blake Moore Director | 12 | $0 | |
Jared V Nowicki Director | 12 | $0 | |
Robert Cimrhanzel Director | 12 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $25,913 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $25,913 |
| 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 | $575 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $16,886 |
| Total expenses | $17,461 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $51,155 |
| Other assets | $0 |
| Total assets | $51,155 |
| Total liabilities | $0 |
| Net assets or fund balances | $51,155 |
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