Candlewood Lake Club Inc

Organization Overview

Candlewood Lake Club Inc is located in Brookfield, CT. The organization was established in 1964. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, under the broad grouping of Recreation & Sports and related organizations. As of 02/2022, Candlewood Lake Club Inc employed 42 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Candlewood 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 02/2022, Candlewood Lake Club Inc generated $1.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.5% each year. All expenses for the organization totaled $1.1m during the year ending 02/2022. While expenses have increased by 3.9% per year over the past 7 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE RECREATIONAL AND SOCIAL ACTIVITIES FOR THE MEMBERS OF THE CANDLEWOOD LAKE CLUB

Describe the Organization's Program Activity:

Part 3 - Line 4a

NONE


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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$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$1,030,924
Investment income $279
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,031,203

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