Keuka Lake Association Inc
- Assets
- $333.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 4
- Location
- Penn Yan, NY
- Founding
- 04/2003
- Data as of
- 12/2023
- EIN
- 22-2599218
Organization Overview
Keuka Lake Association Inc is located in Penn Yan, NY. The organization was established in 2003. According to its NTEE Classification (C27) the organization is classified as: Recycling, under the broad grouping of Environment and related organizations. As of 12/2023, Keuka Lake Association Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Keuka Lake Association Inc 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 12/2023, Keuka Lake Association Inc generated $172.6k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 6.4% each year. All expenses for the organization totaled $155.6k during the year ending 12/2023. While expenses have increased by 6.8% 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
DEVELOP AND MAINTAIN A COMPREHENSIVE APPROACH TO LAKE MANAGEMENT IN THE BASIC AREAS OF WATER QUALITY AND AQUATIC VEGETATION CONTROL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Wayne Hand Director | 1 | $0 | |
Doug Defranco Director | 1 | $0 | |
Steve Hicks Director | 1 | $0 | |
Susan Oliver Director | 1 | $0 | |
Bill Laffin Director | 1 | $0 | |
Rick Willson Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $21,946 |
| Total Program Service Revenue | $0 |
| Membership dues | $133,793 |
| Investment income | $4,000 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $3,879 |
| Other Revenue | $8,938 |
| Total Revenue | $172,556 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $42,680 |
| Professional fees and other payments to independent contractors | $22,035 |
| Occupancy, rent, utilities, and maintenance | $8,511 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $72,237 |
| Total expenses | $155,622 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $333,107 |
| Other assets | $0 |
| Total assets | $333,301 |
| Total liabilities | $2,054 |
| Net assets or fund balances | $331,247 |