Lake Aluma Club
- Assets
- $499.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Oklahoma City, OK
- Founding
- 05/1945
- Data as of
- 12/2023
- EIN
- 73-6104285
Organization Overview
Lake Aluma Club is located in Oklahoma City, OK. The organization was established in 1945. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lake Aluma Club 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, Lake Aluma Club generated $136.7k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 7.4% each year. All expenses for the organization totaled $155.9k during the year ending 12/2023. While expenses have increased by 13.0% 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
MAINTAIN LAKE AND COMMON GROUNDS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
George Selby President | 5 | $0 | |
Cynthia Armstrong Director | 2 | $0 | |
Jennifer Booker Secretary | 2 | $0 | |
Angi Wood Vice President | 2 | $0 | |
Philip Silverman Director | 2 | $0 | |
Janet Degner Treasurer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $130,098 |
| Investment income | $6,600 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $136,698 |
| 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 | $5,058 |
| Occupancy, rent, utilities, and maintenance | $18,531 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $132,355 |
| Total expenses | $155,944 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $12,324 |
| Other assets | $0 |
| Total assets | $499,626 |
| Total liabilities | $0 |
| Net assets or fund balances | $499,626 |