Lja Lake Association is located in Angola, IN. The organization was established in 2019. According to its NTEE Classification (S22) the organization is classified as: Neighborhood & Block Associations, 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. Lja Lake Association 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 12/2021, Lja Lake Association generated $70.1k 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 (44.1%) each year. All expenses for the organization totaled $50.4k during the year ending 12/2021. 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
2021
Describe the Organization's Program Activity:
Part 3
TO AID AND PROMOTE THE ENHANCEMENT AND PRESERVATION OF LAKE RESOURCES USE AND RECREATIONAL OPPORTUNITIES OF LAKE JAMES STEUBEN COUNTY IND
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Karren Snell Treasurer | 1 | $0 | |
Jeff Bell President | 1 | $0 | |
Joe Willig Secretary | 1 | $0 | |
Rene Scheimann Vice President | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $35,535 |
Total Program Service Revenue | $3,297 |
Membership dues | $30,375 |
Investment income | $879 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $70,086 |
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 | $2,720 |
Occupancy, rent, utilities, and maintenance | $1,319 |
Printing, publications, postage, and shipping | $2,473 |
Other expenses | $35,920 |
Total expenses | $50,432 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $208,856 |
Other assets | $0 |
Total assets | $208,856 |
Total liabilities | $0 |
Net assets or fund balances | $208,856 |
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