Painter Creek Lake Club Inc
- Assets
- $80.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Abingdon, VA
- Founding
- 05/1996
- Data as of
- 12/2023
- EIN
- 62-1592513
Organization Overview
Painter Creek Lake Club Inc is located in Abingdon, VA. The organization was established in 1996. According to its NTEE Classification (A40) the organization is classified as: Visual Arts, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Painter Creek 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 12/2023, Painter Creek Lake Club Inc generated $175.3k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 9.4% each year. All expenses for the organization totaled $160.0k during the year ending 12/2023. While expenses have increased by 7.4% per year over the past 8 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
2023
Describe the Organization's Program Activity:
Part 3
MAINTAIN AND REPAIR COMMUNITY PIER
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bob Blackburn President | 15 | $0 | |
John Maden Vice President | 15 | $0 | |
Sylvia Roe Sec Treasurer | 15 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $175,239 |
| Investment income | $34 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $175,273 |
| 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 | $155,840 |
| Printing, publications, postage, and shipping | $1,959 |
| Other expenses | $2,244 |
| Total expenses | $160,043 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $35,539 |
| Other assets | $0 |
| Total assets | $80,008 |
| Total liabilities | $0 |
| Net assets or fund balances | $80,008 |