Long Lake Hounds Inc
- Assets
- $53.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Long Lake, MN
- Founding
- 03/1978
- Data as of
- 12/2022
- EIN
- 41-1289547
Organization Overview
Long Lake Hounds Inc is located in Long Lake, MN. The organization was established in 1978. According to its NTEE Classification (C99) the organization is classified as: Environment N.E.C., 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. Long Lake Hounds Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2022, Long Lake Hounds Inc generated $42.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.8%) each year. All expenses for the organization totaled $46.5k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (2.8%) per year over the past 7 years. 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
2022
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION HAS PROVIDED EDUCATIONAL OPPORTUNITIES FOR EQUESTRIANS REGARDING COUNTRY SPORTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jon Martinson Joint Master | 10 | $0 | |
Nancy Bizzano Joint Master | 10 | $0 | |
Jim Van DE Ven Chairman | 10 | $0 | |
Judy Williamson Secretary | 10 | $0 | |
Anne Donahoe Treasurer | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $15,922 |
| Membership dues | $25,675 |
| Investment income | $3 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $895 |
| Other Revenue | $0 |
| Total Revenue | $42,495 |
| 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 | $400 |
| Occupancy, rent, utilities, and maintenance | $6,230 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $39,899 |
| Total expenses | $46,529 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $47,052 |
| Other assets | $0 |
| Total assets | $53,266 |
| Total liabilities | $0 |
| Net assets or fund balances | $53,266 |