Lancaster Commercial Travelers Assn
- Assets
- $474.8k
- Revenue
- $308.3k
- Investments
- $0.0
- Employees
- 5
- Location
- Lancaster, PA
- Founding
- 12/1991
- Data as of
- 12/2023
- EIN
- 23-0784670
Organization Overview
Lancaster Commercial Travelers Assn is located in Lancaster, PA. The organization was established in 1991. 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 12/2023, Lancaster Commercial Travelers Assn employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lancaster Commercial Travelers Assn 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, Lancaster Commercial Travelers Assn generated $308.3k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 0.9% each year. All expenses for the organization totaled $231.9k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
SOCIAL/FRATERNAL CLUB
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVISION OF SOCIAL AND RECREATIONAL ACTIVITIES FOR THE BENEFIT OF THE ASSOCIATION MEMBERS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Slupe Treasurer | Officer | 5 | $14,450 |
Charles E Dexter Jr Secretary | Officer | 3 | $10,400 |
Walt Harclerode Trustee | Trustee | 2 | $0 |
Harry Gebhard Trustee | Trustee | 2 | $0 |
Ed Sutton House Comm Chairman | Trustee | 2 | $0 |
Jason Frey Trustee | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $3,415 |
| 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 | $3,415 |
| Total Program Service Revenue | $0 |
| Investment income | $3,760 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $3,273 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $128,578 |
| Net Income from Gaming Activities | $142,265 |
| Net Income from Sales of Inventory | $26,961 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $308,252 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $5,800 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $1,000 |
| Compensation of current officers, directors, key employees. | $24,850 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $63,750 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $8,106 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,252 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $350 |
| Office expenses | $5,530 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $88,643 |
| Travel | $1,825 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $8,374 |
| Insurance | $17,406 |
| All other expenses | $0 |
| Total functional expenses | $231,886 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $98,557 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $6,769 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $145,470 |
| Investments—publicly traded securities | $224,000 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $474,796 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $474,796 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $474,796 |
Grants Awarded
Over the last fiscal year, Lancaster Commercial Travelers Assn has awarded $0 in support to 12 organizations.
| Grant Recipient | Amount |
|---|