Ericson Lake Inc
- Assets
- $295.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Ericson, NE
- Founding
- 12/1979
- Data as of
- 12/2023
- EIN
- 47-0615440
Organization Overview
Ericson Lake Inc is located in Ericson, NE. The organization was established in 1979. According to its NTEE Classification (N30) the organization is classified as: Physical Fitness & Community Recreational Facilities, 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. Ericson Lake Inc 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, Ericson Lake Inc generated $134.0k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 14.9% each year . All expenses for the organization totaled $114.2k during the year ending 12/2023. While expenses have increased by 0.9% 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joe Wadas President | 0 | $0 | |
Tom Haase Vice Preside | 0 | $0 | |
Cyndi Schure Secretary | 0 | $0 | |
Ashley Kaiser Treasurer | 0 | $0 | |
Paul Claus Director | 0 | $0 | |
Norman Mieth Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $82,801 |
| Total Program Service Revenue | $0 |
| Membership dues | $29,445 |
| Investment income | $63 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $21,680 |
| Total Revenue | $133,989 |
| 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 | $4,242 |
| Occupancy, rent, utilities, and maintenance | $42,841 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $67,070 |
| Total expenses | $114,153 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $68,400 |
| Other assets | $0 |
| Total assets | $295,156 |
| Total liabilities | $0 |
| Net assets or fund balances | $295,156 |