Beaver Lake Club Corporation
- Assets
- $114.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Ware, MA
- Founding
- 11/1984
- Data as of
- 12/2023
- EIN
- 22-2536033
Organization Overview
Beaver Lake Club Corporation is located in Ware, MA. The organization was established in 1984. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, 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. Beaver Lake Club Corporation is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2023, Beaver Lake Club Corporation generated $90.1k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 3.4% each year. All expenses for the organization totaled $46.0k during the year ending 12/2023. While expenses have increased by 1.3% per year over the past 9 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
2023
Describe the Organization's Program Activity:
Part 3
COMMUNITY DONATIONS, SCHOLARSHIP FUND
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James O'mara President | 1 | $0 | |
Lawerence Donn Vice Pres | 1 | $0 | |
Marie B Ray Treasurer/clerk | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,899 |
| Total Program Service Revenue | $0 |
| Membership dues | $80,808 |
| Investment income | $816 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $3,586 |
| Total Revenue | $90,109 |
| 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 | $3,124 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $42,870 |
| Total expenses | $45,994 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $89,032 |
| Other assets | $0 |
| Total assets | $114,295 |
| Total liabilities | $29,017 |
| Net assets or fund balances | $85,278 |