Lake Angelus Shores Assn is located in Lake Angelus, MI. The organization was established in 1947. According to its NTEE Classification (C03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lake Angelus Shores Assn is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 06/2024, Lake Angelus Shores Assn generated $27.1k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 0.3% each year. All expenses for the organization totaled $22.0k during the year ending 06/2024. While expenses have increased by 2.5% 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
2024
Describe the Organization's Program Activity:
Part 3
MAINTENANCE OF A PRIVATE ROAD ON BEHALF OF 44 HOMEOWNERS
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael J Tierney President | 1 | $0 | |
Rosalie Lake Secretary | 1 | $0 | |
Toby Roth Vice President | 1 | $0 | |
Tim Huemiller Director | 1 | $0 | |
Kathy Mcginnity Treasurer | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $24,150 |
| Investment income | $1,893 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $1,080 |
| Total Revenue | $27,123 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $21,967 |
| Total expenses | $21,967 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $97,958 |
| Other assets | $0 |
| Total assets | $97,958 |
| Total liabilities | $0 |
| Net assets or fund balances | $97,958 |