Lakewood Residents Club Inc
- Assets
- $161.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Houston, TX
- Founding
- 12/1991
- Data as of
- 04/2023
- EIN
- 76-0344746
Organization Overview
Lakewood Residents Club Inc is located in Houston, TX. The organization was established in 1991. 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. Lakewood Residents Club Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 04/2023, Lakewood Residents Club Inc generated $172.8k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.5% each year. All expenses for the organization totaled $226.7k during the year ending 04/2023. While expenses have increased by 4.3% 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dave Tucker Vice President | 5 | $0 | |
Lynn Moore Treasurer | 15 | $0 | |
Kevin Mote Secretary | 15 | $0 | |
Sara Aubele President | 20 | $0 | |
Jeannie Rosenberry Board Of Director Member | 5 | $0 | |
Janet Shellenberger Board Of Director Member | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $14,810 |
| Total Program Service Revenue | $0 |
| Membership dues | $101,203 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $56,757 |
| Total Revenue | $172,770 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $33,767 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $24,582 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $168,332 |
| Total expenses | $226,681 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $48,048 |
| Other assets | $0 |
| Total assets | $161,732 |
| Total liabilities | $80,415 |
| Net assets or fund balances | $81,317 |