Meadow Lane Park Association
- Assets
- $59.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lincoln, NE
- Founding
- 07/1992
- Data as of
- 12/2022
- EIN
- 47-0460139
Organization Overview
Meadow Lane Park Association is located in Lincoln, NE. The organization was established in 1992. According to its NTEE Classification (N67) the organization is classified as: Swimming & Other Water Recreation, 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. Meadow Lane Park Association 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, Meadow Lane Park Association generated $78.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.0% each year. All expenses for the organization totaled $69.2k during the year ending 12/2022. While expenses have increased by 0.2% 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jake Wilhelm Vice President | 10 | $0 | |
Nate Gemmell President | 10 | $0 | |
Laurie Hookham Treasurer | 8 | $0 | |
Kim Wilhelm Secretary | 6.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,338 |
| Total Program Service Revenue | $21,278 |
| Membership dues | $55,285 |
| Investment income | $1 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $161 |
| Other Revenue | $0 |
| Total Revenue | $78,063 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $28,916 |
| Professional fees and other payments to independent contractors | $550 |
| Occupancy, rent, utilities, and maintenance | $19,787 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $19,936 |
| Total expenses | $69,189 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $28,017 |
| Other assets | $0 |
| Total assets | $59,121 |
| Total liabilities | $526 |
| Net assets or fund balances | $58,595 |