Trices Lake Incorporated
- Assets
- $426.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Cartersville, VA
- Founding
- 10/1962
- Data as of
- 12/2023
- EIN
- 54-0678968
Organization Overview
Trices Lake Incorporated is located in Cartersville, VA. The organization was established in 1962. 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. Trices Lake Incorporated 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, Trices Lake Incorporated generated $103.9k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.1% each year. All expenses for the organization totaled $68.5k during the year ending 12/2023. While expenses have increased by 2.4% per year over the past 8 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
2023
Describe the Organization's Program Activity:
Part 3
THE ASSOCIATION PROVIDES FOR ARCHITECTURAL AND AESTHETIC CONTROL OF RESIDENTIAL LOTS; TO OWN, IMPROVE, MAINTAIN AND PRESERVE THE COMMON AREAS AND TO PROMOTE THE HEALTH, SAFETY AND WELFARE OF THE RESIDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charles Farnsworth President | 10 | $0 | |
Cyndi Bade Vice-President | 10 | $0 | |
Chuck Govier Member | 5 | $0 | |
Stuart Levy Member | 5 | $0 | |
Carl Heins Member | 5 | $0 | |
Ben Beverly Member | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $103,850 |
| Investment income | $29 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $103,879 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $8,400 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $60,116 |
| Total expenses | $68,516 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $120,195 |
| Other assets | $0 |
| Total assets | $426,720 |
| Total liabilities | $0 |
| Net assets or fund balances | $426,720 |