Chattooga Lake Club Inc is located in Mountain Rest, SC. The organization was established in 1977. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, 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. Chattooga Lake Club Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 08/2023, Chattooga Lake Club Inc generated $84.8k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 11.6% each year . All expenses for the organization totaled $75.8k during the year ending 08/2023. 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 Mission:
Part 3 - Line 1
LAKE CLUB
Describe the Organization's Program Activity:
Part 3
NEW PROJECT DAM SIPHON PROJECT BEGAN IN 2022 AND WILL CONTINUE TO 2023
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Lynda Airey Treasurer | 10 | $0 | |
Tim Thor President | 10 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $24,100 |
Total Program Service Revenue | $0 |
Membership dues | $60,628 |
Investment income | $33 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $84,761 |
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 | $24,840 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $85 |
Other expenses | $50,857 |
Total expenses | $75,782 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $44,858 |
Other assets | $0 |
Total assets | $88,127 |
Total liabilities | $0 |
Net assets or fund balances | $88,127 |