Lompoc Valley Club is located in Lompoc, CA. 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. Lompoc Valley Club is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2022, Lompoc Valley Club generated $15.6k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 28.2% each year . All expenses for the organization totaled $19.7k during the year ending 12/2022. While expenses have increased by 20.4% per year over the past 2 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
PROVIDED MONTHLY SOCIALS FOR CLUB MEMBERS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Raymond Down President | 1 | $0 | |
James Keeling Vice President | 1 | $0 | |
James Raggio Treasurer | 1 | $0 | |
Robert Traylor Secretary | 1 | $0 | |
Jenelle Osborne Director | 1 | $0 | |
George Stillman Director | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $15,577 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $1 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $15,578 |
| 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 | $2,724 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $362 |
| Other expenses | $16,606 |
| Total expenses | $19,692 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $8,714 |
| Other assets | $0 |
| Total assets | $8,864 |
| Total liabilities | $2,188 |
| Net assets or fund balances | $6,676 |