Jordan Lake Trail Board
- Assets
- $193.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lake Odessa, MI
- Founding
- 12/2012
- Data as of
- 12/2023
- EIN
- 46-1035910
Organization Overview
Jordan Lake Trail Board is located in Lake Odessa, MI. The organization was established in 2012. According to its NTEE Classification (N32) the organization is classified as: Parks & Playgrounds, 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. Jordan Lake Trail Board is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Jordan Lake Trail Board generated $53.3k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 0.1% each year. All expenses for the organization totaled $102.0k during the year ending 12/2023. While expenses have increased by 4.2% per year over the past 5 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
2023
Describe the Organization's Program Activity:
Part 3
TO PROVIDE APPROXIMATELY 8 LINEAR MILES OF TRAILWAYS FOR EDUCATIONAL & HEALTHY RECREATION OPPORTUNITY FOR YOUTH, FAMILIES AND SENIORS IN THIS COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carolyn Mayhew Chairperson | 15 | $0 | |
Bill Hudson Vice-Chairpe | 7 | $0 | |
Carrie Johnson Secretary | 7 | $0 | |
Nancy Gassman Treasurer | 7 | $0 | |
Steve Hicks Trustee | 5 | $0 | |
Sue Hudson Co-Secretary | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $34,767 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $106 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $17,953 |
| Other Revenue | $500 |
| Total Revenue | $53,326 |
| 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 | $54,673 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $5,997 |
| Total expenses | $101,988 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $170,072 |
| Other assets | $0 |
| Total assets | $193,100 |
| Total liabilities | $0 |
| Net assets or fund balances | $193,100 |