Hoyt Lake Water Carnival Committee Inc is located in Hoyt Lakes, MN. The organization was established in 1993. 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. Hoyt Lake Water Carnival Committee 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 12/2021, Hoyt Lake Water Carnival Committee Inc generated $102.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.0% each year. All expenses for the organization totaled $57.8k during the year ending 12/2021. 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
PROVIDED SOCIAL RECREATION & CIVIC ACTIVITIES FOR RESIDENTS OF HOYTLAKES AND SURROUNDING COMMUNITIES. APPROX. 4500 PEOPLE BENEFITED FROMTHIS 4 DAY EVENT.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Nikki Swanson Vice President | 2 | $0 | |
Cherie Grams Secretary | 2 | $0 | |
Brad Carlson Director | 2 | $0 | |
Connor Michels Treasurer | 2 | $0 | |
Dan Darbo President | 2 | $0 | |
Vikki Bjerke Director | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $25,413 |
Total Program Service Revenue | $48,251 |
Membership dues | $0 |
Investment income | $6 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $1,664 |
Other Revenue | $0 |
Total Revenue | $102,877 |
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 | $0 |
Occupancy, rent, utilities, and maintenance | $330 |
Printing, publications, postage, and shipping | $1,063 |
Other expenses | $56,367 |
Total expenses | $57,760 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $84,744 |
Other assets | $0 |
Total assets | $84,744 |
Total liabilities | $0 |
Net assets or fund balances | $84,744 |
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