Lakeway Civic Corporation

Organization Overview

Lakeway Civic Corporation is located in Lakeway, TX. The organization was established in 1968. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lakeway Civic Corporation is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.

For the year ending 12/2023, Lakeway Civic Corporation generated $47.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (10.0%) each year. All expenses for the organization totaled $94.2k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (2.2%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

THE ORGANIZATION RENDERS CONSTRUCTIVE CIVIC SERVICES; ACTIVELY PARTICIPATES IN CONSTRUCTION PROJECTS THAT WILL IMPROVE THE COMMUNITY AT LARGE; AND SUPPORTS BEAUTIFICATION ENHANCEMENTS, PARKS, RECREATIONAL IMPROVEMENTS, AND OTHER CIVIC PROJECTS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROJECTS THAT IMPROVE THE COMMUNITY AT LARGE, BEAUTIFICATION ENHANCEMENTS, PARKS, RECREATIONAL IMPROVEMENTS, AND OTHER CIVIC PROJECTS.


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Board, Officers & Key Employees

Name (title)Compensation
Dave Taylor
President
$0
Carol Gardner
Vice President
$0
Ron Baltruzak
Secretary
$0
Ernie Clay
Treasurer
$0
Mike Larocca
Trustee
$0
Kimberly Mulloy
Trustee
$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$38,361
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$38,361
Total Program Service Revenue$0
Investment income $10,325
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$1,081
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $47,605

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