Las Lomas Verdes Inc
- Assets
- $233.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Fullerton, CA
- Founding
- 10/1960
- Data as of
- 12/2021
- EIN
- 95-1988578
Organization Overview
Las Lomas Verdes Inc is located in Fullerton, CA. The organization was established in 1960. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, 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. Las Lomas Verdes Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2021, Las Lomas Verdes Inc generated $152.6k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.3%) each year. All expenses for the organization totaled $130.7k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (0.1%) per year over the past 7 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
2021
Describe the Organization's Program Activity:
Part 3
SWIM CLUB ACTIVITIES PAID BY MEMBERSHIP DUES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Reid President | 0 | $0 | |
Briana Jors Vice President | 0 | $0 | |
Cynthia Whalen 2nd Vice Pres | 0 | $0 | |
Meryl Boyd Treasurer | 4 | $0 | |
Dierdre Krieger Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $152,590 |
| Investment income | $28 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $152,618 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $35,456 |
| Professional fees and other payments to independent contractors | $6,558 |
| Occupancy, rent, utilities, and maintenance | $56,421 |
| Printing, publications, postage, and shipping | $200 |
| Other expenses | $32,100 |
| Total expenses | $130,735 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $124,649 |
| Other assets | $0 |
| Total assets | $233,719 |
| Total liabilities | $0 |
| Net assets or fund balances | $233,719 |
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