Cordes Lake Community Association Inc
- Assets
- $425.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Cordes Lakes, AZ
- Founding
- 05/1975
- Data as of
- 12/2021
- EIN
- 86-0444010
Organization Overview
Cordes Lake Community Association Inc is located in Cordes Lakes, AZ. The organization was established in 1975. According to its NTEE Classification (S22) the organization is classified as: Neighborhood & Block Associations, 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. Cordes Lake Community Association Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2021, Cordes Lake Community Association Inc generated $26.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (10.4%) each year. All expenses for the organization totaled $22.6k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (16.3%) per year over the past 2 years. You can explore the organizations financials more deeply in the financial statements section below.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
June Thurman Secretary | 5 | $0 | |
Judy Slankard Director | 30 | $0 | |
Mary Seppula Director | 25 | $0 | |
Steven Want Director | 5 | $0 | |
Lucy Corder Treasurer | 25 | $0 | |
Don Ridlon Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $230 |
| Total Program Service Revenue | $0 |
| Membership dues | $320 |
| Investment income | $20,925 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $5,452 |
| Other Revenue | $0 |
| Total Revenue | $26,927 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $22,595 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $22,595 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $7,342 |
| Other assets | $0 |
| Total assets | $425,541 |
| Total liabilities | $0 |
| Net assets or fund balances | $425,541 |