Lake Norman Soccer Club

Organization Overview

Lake Norman Soccer Club is located in Cornelius, NC. The organization was established in 1995. According to its NTEE Classification (N64) the organization is classified as: Soccer, under the broad grouping of Recreation & Sports and related organizations. As of 12/2019, Lake Norman Soccer Club employed 18 individuals. Lake Norman Soccer Club 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 12/2019, Lake Norman Soccer Club generated $799.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (11.3%) each year. All expenses for the organization totaled $698.5k during the year ending 12/2019. As we would expect to see with falling revenues, expenses have declined by (13.1%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2019

Describe the Organization's Mission:

Part 3 - Line 1

TO STRIVE TO CREATE A BALANCED AND COMPREHENSIVE EXPERIENCE THROUGH A COMPETITIVE SOCCER ENVIRONMENT.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TEACH THE GAME OF SOCCER, SPONSOR YOUTH TEAMS IN THE NC YOUTH SOCCER ASSOCIATION LEAGUE, SPONSOR TOURNAMENTS & PROVIDE CLINICS FOR COACHES & REFEREES.


TEACH THE GAME OF SOCCER, SPONSOR YOUTH TEAMS IN THE NC YOUTH SOCCER ASSOCIATION LEAGUE, SPONSOR TOURNAMENTS & PROVIDE CLINICS FOR COACHES & REFEREES


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Board, Officers & Key Employees

Name (title)Compensation
Leslie Gerwitz
Director/fin
$48,708
Aimee Downing
Secretary
$0
Scot Mann
President
$0
Dusty Muckenthaler
Treasurer
$0
Trasha Schwendener
Vice Preside
$0
Brian Bloom
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$1,784
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,784
Total Program Service Revenue$795,150
Investment income $474
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $799,336

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