Wood Lake Community Association Inc
- Assets
- $138.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Linthicum Heights, MD
- Founding
- 04/1976
- Data as of
- 12/2021
- EIN
- 52-1043797
Organization Overview
Wood Lake Community Association Inc is located in Linthicum Heights, MD. The organization was established in 1976. According to its NTEE Classification (S22) the organization is classified as: Neighborhood & Block Associations, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wood Lake Community Association 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, Wood Lake Community Association Inc generated $132.8k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 4.0% each year. All expenses for the organization totaled $157.9k during the year ending 12/2021. While expenses have increased by 11.5% 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
2021
Describe the Organization's Program Activity:
Part 3
MAINTENANCE AND MANAGEMENT OF COMMUNITY ASSOCIATION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Del Adams Vice President | 1 | $0 | |
Colin Andrew President | 1 | $0 | |
Lorn Hinish Treasurer | 1 | $0 | |
Jamil Tiffany Smith Secretary | 1 | $0 | |
Luvear Owens Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $132,594 |
| Investment income | $196 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $132,790 |
| 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 | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $157,860 |
| Total expenses | $157,860 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $72,547 |
| Other assets | $0 |
| Total assets | $138,488 |
| Total liabilities | $52,365 |
| Net assets or fund balances | $86,123 |
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