Chagrin Lakes Club Inc
- Assets
- $77.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Chagrin Falls, OH
- Founding
- 07/1970
- Data as of
- 03/2024
- EIN
- 34-1039341
Organization Overview
Chagrin Lakes Club Inc is located in Chagrin Falls, OH. The organization was established in 1970. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, 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. Chagrin Lakes 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 03/2024, Chagrin Lakes Club Inc generated $68.6k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 4.8% each year. All expenses for the organization totaled $47.8k during the year ending 03/2024. 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
2024
Describe the Organization's Program Activity:
Part 3
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Flaiz President | 3 | $0 | |
Aleksandr Korzhiletskiy Treasurer | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $66,785 |
| Investment income | $18 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $1,824 |
| Total Revenue | $68,627 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $7,437 |
| Salaries, other compensation, and employee benefits | $5,013 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $32,503 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $2,860 |
| Total expenses | $47,813 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $77,331 |
| Other assets | $0 |
| Total assets | $77,331 |
| Total liabilities | $0 |
| Net assets or fund balances | $77,331 |