Lakes Region Builders & Remodelers Association
- Assets
- $147.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- New Hampton, NH
- Founding
- 04/2015
- Data as of
- 12/2022
- EIN
- 90-0990767
Organization Overview
Lakes Region Builders & Remodelers Association is located in New Hampton, NH. The organization was established in 2015. According to its NTEE Classification (S40) the organization is classified as: Business & Industry, 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. Lakes Region Builders & Remodelers Association is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2022, Lakes Region Builders & Remodelers Association generated $99.2k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.6% each year . All expenses for the organization totaled $72.3k during the year ending 12/2022. While expenses have increased by 11.1% per year over the past 7 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
2022
Describe the Organization's Program Activity:
Part 3
INFORM AND EDUCATE THE LAKES REGION CONSTRUCTION COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ray Boelig Vice President (resigned 10/1/22) | 2 | $0 | |
Brie Stephens Vice President Of Assoc. | 1 | $0 | |
Duncan Simons Jr Director | 1 | $0 | |
Greg Page Immediate Past President | 1 | $0 | |
Robert Glassett Treasurer | 2 | $0 | |
Patricia A Phelps Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $41,122 |
| Total Program Service Revenue | $0 |
| Membership dues | $11,410 |
| Investment income | $0 |
| Gain or Loss | $31,709 |
| Net Income from Gaming & Fundraising | $13,600 |
| Other Revenue | $1,378 |
| Total Revenue | $99,219 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $43,750 |
| Professional fees and other payments to independent contractors | $750 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $20,308 |
| Total expenses | $72,332 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $147,655 |
| Other assets | $0 |
| Total assets | $147,655 |
| Total liabilities | $7,533 |
| Net assets or fund balances | $140,122 |