Norford Lake Club Inc
- Assets
- $159.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Hanover, NH
- Founding
- 01/1946
- Data as of
- 12/2022
- EIN
- 03-0145315
Organization Overview
Norford Lake Club Inc is located in Hanover, NH. The organization was established in 1946. 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. Norford 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 12/2022, Norford Lake Club Inc generated $39.9k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.7% each year. All expenses for the organization totaled $26.9k during the year ending 12/2022. While expenses have increased by 1.0% 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
2022
Describe the Organization's Program Activity:
Part 3
THE CLUB MAINTAINS A POND AND SURROUNDING LAND FOR TROUT FISHING. THE LAND IS ENROLLED IN THE VT CURRENT USE PROGRAM FOR FORESTRY. THE CLUB HAS 60 ACTIVE MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paul Gross Treasurer | 1 | $0 | |
Tom Randall Director | 1 | $0 | |
David W Eckels Director | 1 | $0 | |
Jeff Hastings President | 1 | $0 | |
Peter Silberfarb Vice Preside | 0.5 | $0 | |
Rob Oden Director | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $33,300 |
| Investment income | $6,566 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $39,866 |
| 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 | $1,210 |
| Occupancy, rent, utilities, and maintenance | $1,363 |
| Printing, publications, postage, and shipping | $17 |
| Other expenses | $24,315 |
| Total expenses | $26,905 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $150,412 |
| Other assets | $0 |
| Total assets | $159,111 |
| Total liabilities | $0 |
| Net assets or fund balances | $159,111 |