Keuka Lake Wine Trail
- Assets
- $61.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Penn Yan, NY
- Founding
- 06/2003
- Data as of
- 12/2023
- EIN
- 16-1563929
Organization Overview
Keuka Lake Wine Trail is located in Penn Yan, NY. The organization was established in 2003. According to its NTEE Classification (S46) the organization is classified as: Boards of Trade, 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. Keuka Lake Wine Trail is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2023, Keuka Lake Wine Trail generated $59.9k 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 (13.2%) each year. All expenses for the organization totaled $56.9k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (12.9%) per year over the past 9 years. 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 Mission:
Part 3 - Line 1
TO PROMOTE THE NYS WINE INDUSTRY AND LOCAL TOURISM PRIMARILY IN THE KEUKA LAKE AREA
Describe the Organization's Program Activity:
Part 3
PROMOTION OF THE WINE INDUSTRY IN NYS AND THE KEUKA LAKE AREA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jessie Gorcica Treasurer | 1 | $0 | |
Ashlee Weiss Vice President | 1 | $0 | |
Tessa Olsen Secetary | 1 | $0 | |
Nicole Folts President | 1 | $0 | |
Lauren Binnert Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $30,000 |
| Total Program Service Revenue | $21,140 |
| Membership dues | $4,750 |
| Investment income | $8 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $3,998 |
| Total Revenue | $59,896 |
| 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 | $10,225 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $1,592 |
| Other expenses | $45,124 |
| Total expenses | $56,941 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $61,943 |
| Other assets | $0 |
| Total assets | $61,943 |
| Total liabilities | $1,445 |
| Net assets or fund balances | $60,498 |