Trices Lake Incorporated
- Assets
- $391.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Cartersville, VA
- Founding
- 10/1962
- Data as of
- 12/2022
- EIN
- 54-0678968
Organization Overview
Trices Lake Incorporated is located in Cartersville, VA. The organization was established in 1962. According to its NTEE Classification (C99) the organization is classified as: Environment N.E.C., 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. Trices Lake Incorporated 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, Trices Lake Incorporated generated $91.3k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.3%) each year. All expenses for the organization totaled $62.1k during the year ending 12/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
THE ASSOCIATION PROVIDES FOR ARCHITECTURAL AND AESTHETIC CONTROL OF RESIDENTIAL LOTS; TO OWN, IMPROVE, MAINTAIN AND PRESERVE THE COMMON AREAS AND TO PROMOTE THE HEALTH, SAFETY AND WELFARE OF THE RESIDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Linda Ryan Officer - Treasurer | 10 | $4,800 | |
Vickie Campbell Officer - Secretary | 10 | $3,600 | |
Chuck Govier Member | 5 | $0 | |
Carl Heins Member | 5 | $0 | |
Ben Beverly Member | 5 | $0 | |
Charles Farnsworth President | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $91,256 |
| Investment income | $26 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $91,282 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $8,400 |
| Professional fees and other payments to independent contractors | $9,168 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $44,577 |
| Total expenses | $62,145 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $84,832 |
| Other assets | $0 |
| Total assets | $391,357 |
| Total liabilities | $0 |
| Net assets or fund balances | $391,357 |
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