Hamilton Lakes & Parks Inc
- Assets
- $219.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Greensboro, NC
- Founding
- 12/1958
- Data as of
- 09/2023
- EIN
- 56-0860092
Organization Overview
Hamilton Lakes & Parks Inc is located in Greensboro, NC. The organization was established in 1958. 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. Hamilton Lakes & Parks Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 09/2023, Hamilton Lakes & Parks Inc generated $56.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (9.9%) each year. All expenses for the organization totaled $54.8k during the year ending 09/2023. As we would expect to see with falling revenues, expenses have declined by (2.6%) per year over the past 2 years. 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
HAMILITON LAKES AND PARKS ASSOCIATION MAINTAINS ITS OWN PARKS AND WALKING TRAILS ALONG WITH ANNUAL MAINTENANCE AND UPKEEP OF TWO SEPARATE LAKES ON PREMISES.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jonathan Ward President | 5 | $0 | |
Martha Gordon Bookkeeper | 10 | $0 | |
John Atkinson Vice Preside | 2 | $0 | |
Lisa Stubblefield Secretary | 2 | $0 | |
Tom James Treasurer | 2 | $0 | |
Kelly Hahn Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $56,493 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $167 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $56,660 |
| 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 | $54,806 |
| Total expenses | $54,806 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $218,721 |
| Other assets | $0 |
| Total assets | $219,061 |
| Total liabilities | $0 |
| Net assets or fund balances | $219,061 |