Lake Camelot Association INC
- Assets
- $20.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Vicksburg, MS
- Founding
- Data as of
- 12/2022
- EIN
- 64-0833551
Organization Overview
Lake Camelot Association INC is located in Vicksburg, MS.
For the year ending 12/2022, Lake Camelot Association INC generated $9.9k in total revenue. The organization has seen a slow decline revenue. Over the past 2 years, revenues have fallen by an average of (0.3%) each year. All expenses for the organization totaled $12.7k during the year ending 12/2022. 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
LAKE CAMELOT ASSOCIATION, INC. IS A MISSISSIPPI NON-PROFIT CORPORATION. THE ASSOCIATION CURRENTLY SERVES 78 HOME OWNERS OF THE HOA. WE ALSO SERVE APPROXIMATELY 19-20 ASSOCIATE MEMBERS OF HOMES WHICH JOIN LAKE CAMELOT. LAKE CAMELOT ASSOCIATION PROVIDES THE FOLLOWING: DAM INSPECTION, HYDROLOGIC AND HYDRAULIC REVIEW, EMERGENCY ACTION PLAN, AND BREACH ANALYSIS, ALL OF WHICH ARE COMPLETED BY LICENSED ENGINEERS IN ORDER TO SATISFY THE MISSISSIPPI DEPARTMENT OF ENVIRONMENTAL QUALITY - DAM SAFETY. THE STATE CONSIDERS OUR DAM HIGH HAZARD. THE ASSOCIATION ALSO CARRIES LIABILITY AND DIRECTORS INSURANCE TO PROTECT OUR ASSOCIATION. MAINTENANCE OF LEVEES BY MOWING, BUSH HOGGING AND LANDSCAPING TO AID IN KEEPING WOODY VEGETATION FROM WEARING THE LEVEES. A LAKE CAMELOT BOAT RAMP IS MAINTAINED FOR ALL MEMBER ACCESS, EVEN IF THE DON'T LIVE ON THE LAKE. BENEFITS TO OUR MEMBERS: RECREATION USE OF LAKE, ACCESS TO THE LAKE AND PROPERTY VALUES HOLDING OR INCREASING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Ross Director | 2 | $0 | |
William Bill Harvey Director | 2 | $0 | |
John Bobby Middleton Treasurer | 10 | $0 | |
David Burton Director | 3 | $0 | |
Jeffrey R Jenkins President | 10 | $0 | |
Jason Wells Vice-President | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $9,900 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $9,900 |
| 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 | $4,195 |
| Occupancy, rent, utilities, and maintenance | $8,212 |
| Printing, publications, postage, and shipping | $284 |
| Other expenses | $0 |
| Total expenses | $12,691 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $20,786 |
| Other assets | $0 |
| Total assets | $20,786 |
| Total liabilities | $0 |
| Net assets or fund balances | $20,786 |
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