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Park Lake Outing Assn Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 610590555 ✦ Wallingford, KY ✦ Designated as a 501(c)(7)

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Overview

What is Park Lake Outing Assn Inc?

Park Lake Outing Assn Inc, located at 78 Park Lake Road, Wallingford, KY 41093, is a small-scale nonprofit organization with a dedicated team of two individuals. The primary objective of Park Lake Outing Assn Inc is to preserve and maintain the local lake, enabling its members to cherish family time through recreational activities. This mission is instrumental in fostering a sense of community and providing opportunities for enjoyable bonding experiences.

Is Park Lake Outing Assn Inc legitimate?

Park Lake Outing Assn Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Park Lake Outing Assn Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $16,147

For more financial information, click here

What is the mission statement of Park Lake Outing Assn Inc?

The mission of Park Lake Outing Assn Inc is centered around maintaining the lake, serving as a recreational space for its members. This allows members to continue enjoying their time together as a family. The association's primary goal is to preserve the lake, ensuring it remains a source of leisure and bonding for its members. By doing so, Park Lake Outing Assn Inc plays a significant role in fostering family-oriented activities and creating lasting memories for its members.

Who is the CEO of Park Lake Outing Assn Inc?

Eldon Mccartney is the Vice Preside of Park Lake Outing Assn Inc.

What is the revenue of Park Lake Outing Assn Inc?

Park Lake Outing Assn Inc's revenue in 2023 was $51,951.

Who are the executives of Park Lake Outing Assn Inc and what are their salaries?

The average compensation at Park Lake Outing Assn Inc during 2023 was $8,074. There are 2 employees at Park Lake Outing Assn Inc.


Here are 6 key members and their salaries:


Lake Kelly (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jerry Mohr (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sarah O'Donnell (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Canterbury (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sidney Day (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eldon Mccartney (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Park Lake Outing Assn Inc?

Park Lake Outing Assn Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Park Lake Outing Assn Inc

Park Lake Outing Association, a nonprofit organization, has a mission to preserve and maintain the lake for the recreational enjoyment of its members. By doing so, the association aims to provide an opportunity for families to spend quality time together, continuing their shared experiences and creating lasting memories. The association's primary goal is to ensure that the lake remains a treasured resource for its members, allowing them to enjoy leisure activities and create cherished family moments.

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Impact




October, 2024

Park Lake Outing Association Inc plays a crucial role in preserving and maintaining the lake environment for the enjoyment of its members. By focusing on the recreation aspect, it ensures that families have a safe and enjoyable space for leisure activities, fostering family bonds and community engagement. The association's commitment to maintaining the lake not only enhances the quality of life for its members but also contributes to the preservation of the local ecosystem. This initiative encourages outdoor activities, promotes physical well-being, and creates a sense of belonging among community members in Wallingford, KY. Ultimately, its impact is felt through strengthened relationships, improved mental health, and a deeper appreciation for nature within the community.




This information is meant to be a general summary of Park Lake Outing Assn Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$51,951 (2023)
Expenses
$58,926 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $621
  • Gross Receipts: $51,951

Assets and Liabilities:

  • Total Assets: $214,507
  • Total Liabilities: $914
  • Net Assets: $213,593

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Organization Details

Founding Year

1940

Principal Officer

Eldon Mccartney

Main Address

78 PARK LAKE ROAD, WALLINGFORD, KY, 41093

NTEE Category

Code: N50 - Recreation

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