Hartville Lake Community Development Association is located in Hartville, OH. The organization was established in 2020. According to its NTEE Classification (S32) the organization is classified as: Rural Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hartville Lake Community Development Association 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 12/2023, Hartville Lake Community Development Association generated $50.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (15.9%) each year. All expenses for the organization totaled $9.5k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (42.5%) per year over the past 4 years. 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
DEVELOP ARCHITECTURAL PLANS FOR DISCUSSION AND IMPLEMENTATION FOR CONNECTING THE LAKE/HARTVILLE WEST MAPLE CORRIDOR.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mike Hoag President | 2 | $0 | |
Dominic Bagnoli Vice Preside | 2 | $0 | |
Howard Miller Jr Treasurer | 2 | $0 | |
Ronald Weisel II Secretary | 2 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $50,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $50,000 |
| 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 | $8,018 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $570 |
| Other expenses | $925 |
| Total expenses | $9,513 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $75,572 |
| Other assets | $0 |
| Total assets | $75,572 |
| Total liabilities | $0 |
| Net assets or fund balances | $75,572 |