International Association Of Lions Clubs
- Assets
- $20.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lake City, MN
- Founding
- 12/1969
- Data as of
- 06/2022
- EIN
- 41-1404252
Organization Overview
International Association Of Lions Clubs is located in Lake City, MN. The organization was established in 1969. According to its NTEE Classification (S80) the organization is classified as: Community Service Clubs, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. International Association Of Lions Clubs 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 06/2022, International Association Of Lions Clubs generated $21.6k 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 (6.6%) each year. All expenses for the organization totaled $19.7k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (10.8%) 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
CAR SHOW AND WATER SKI DAYS. THE CLUB HOLDS ANNUAL CAR SHOW AND ASSISTS WITH LAKE CITY CHAMBER OF COMMERCE ANNUAL FESTIVAL. FUNDS RAISED FROM THE ACTIVITIES ARE USED FOR DONATIONS TO LIONS CLUB INTERNATIONAL LOCAL NEEDS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ron Weigel President | 2 | $0 | |
John Mortenson Secretary | 2 | $0 | |
Charles Bremer Treasurer | 2 | $0 | |
Lori Mortenson Co-Treasurer | 2 | $0 | |
Les Arndt Director | 1 | $0 | |
David Spain Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $460 |
| Total Program Service Revenue | $0 |
| Membership dues | $6,640 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $13,279 |
| Other Revenue | $1,185 |
| Total Revenue | $21,564 |
| 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 | $460 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $165 |
| Other expenses | $19,112 |
| Total expenses | $19,737 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $20,017 |
| Other assets | $0 |
| Total assets | $20,017 |
| Total liabilities | $0 |
| Net assets or fund balances | $20,017 |
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