Smith Mountain Lake Association Inc
- Assets
- $215.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Moneta, VA
- Founding
- 09/1999
- Data as of
- 12/2022
- EIN
- 54-1119678
Organization Overview
Smith Mountain Lake Association Inc is located in Moneta, VA. The organization was established in 1999. According to its NTEE Classification (C30) the organization is classified as: Natural Resources Conservation & Protection, 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. Smith Mountain Lake Association Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Smith Mountain Lake Association Inc generated $141.7k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 1.4% each year. All expenses for the organization totaled $133.5k during the year ending 12/2022. While expenses have increased by 0.2% per year over the past 4 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bill Butterfield President | 10 | $0 | |
Jean Gorman Treasurer | 4 | $0 | |
Mike Streff Vice President | 8 | $0 | |
Gale Phipps Corporate Secretary | 4 | $0 | |
Joanne Houpt Director | 4 | $0 | |
Brian Key Director | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $140,463 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $196 |
| Gain or Loss | $1,022 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $141,681 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $19,251 |
| Professional fees and other payments to independent contractors | $64,843 |
| Occupancy, rent, utilities, and maintenance | $13,790 |
| Printing, publications, postage, and shipping | $1,066 |
| Other expenses | $34,538 |
| Total expenses | $133,488 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $207,754 |
| Other assets | $0 |
| Total assets | $215,384 |
| Total liabilities | $1,311 |
| Net assets or fund balances | $214,073 |