Overview
What is Rice Road Lake Inc?
Rice Road Lake Inc is a nonprofit organization located in Mokena, IL. It has leased a lake and its surrounding land, west of Essex, Illinois, for the purpose of providing family recreational sports in a group setting. The organization invites members to join by leasing vacant lots, which they refer to as units of membership. Each member pays an annual fee to participate in activities such as boating, swimming, waterskiing, fishing, jet skiing, and barbequing. The not-for-profit aims to offer these recreational activities through joint use of the facilities, made possible by members pooling their funds through the vacant lot leasing arrangement. The activities began around December 28, 2015, and take place at Rice Road Lake.
Is Rice Road Lake Inc legitimate?
Rice Road Lake Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Rice Road Lake 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:
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Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Rice Road Lake Inc?
Rice Road Lake Inc encourages individuals to become members by leasing vacant lots, known as units of membership. Each member pays an annual fee to participate in recreational activities offered on the lake and surrounding area. The organization provides opportunities for various water-based activities such as boating, swimming, waterskiing, fishing, jet skiing, and the use of a bar-b-que pavilion and picnic area. These activities are primarily family-oriented and take place in a group setting. The not-for-profit purpose of Rice Road Lake Inc is to provide these sporting activities through the joint use of the facilities. This joint use is made possible by the members pooling their funds through the vacant lot leasing arrangement, which was initiated around December 28, 2015.
Who is the CEO of Rice Road Lake Inc?
Charles I Gardner is the Director of Rice Road Lake Inc.
What is the revenue of Rice Road Lake Inc?
Rice Road Lake Inc's revenue in 2022 was $238,727.
Who are the executives of Rice Road Lake Inc and what are their salaries?
Here are 6 key members and their salaries:
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Where can I find the form 990 for Rice Road Lake Inc?
Rice Road Lake Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Rice Road Lake Inc
Rice Road Lake Inc, a not-for-profit organization, has a mission that revolves around leasing a lake and the surrounding land, creating an opportunity for community members to join and participate in recreational activities. By leasing vacant lots, known as units of membership, individuals become members and pay an annual fee to engage in various recreational pursuits, such as boating, swimming, waterskiing, fishing, jet skiing, and hosting barbecues and picnics. The organization provides the infrastructure for these activities, including a pavilion and picnic area, and encourages family-oriented group sports. The joint use of these facilities is made possible through the members pooling of their funds through the vacant lot leasing arrangement. The organization's mission is to offer these sporting activities as a collective endeavor, providing a venue for family-oriented recreational sports. The activities were initiated around December 28, 2015, and take place at Rice Road Lake.
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Impact
October, 2024
Rice Road Lake Inc significantly enhances community life by providing a dedicated recreational venue that fosters family-oriented activities and social interactions. By leasing a lake and its surrounding land, it offers members a variety of activities such as boating, swimming, waterskiing, fishing, jet skiing, and access to facilities like a BBQ pavilion and picnic areas.
The membership model, where individuals lease vacant lots as units of membership, encourages community engagement while pooling resources for shared enjoyment. This arrangement not only promotes recreational sports but also creates a vibrant atmosphere for families and groups to come together, strengthening social bonds. The organization has been operational since December 2015, contributing to the well-being of the Mokena and Essex communities by facilitating a collaborative space for leisure, connection, and active lifestyles.
This information is meant to be a general summary of Rice Road Lake 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $238,727
- Gross Receipts: $238,727
Assets and Liabilities:
- Total Assets: $61,141
- Total Liabilities: $0
- Net Assets: $61,141
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP LOT RENTALS
Revenue
$238,727
Organization Details
Founding Year
2015
Phone
(815) 274-2213Principal Officer
Charles I Gardner
Main Address
PO BOX 463, MOKENA, IL, 604480463
NTEE Category
Code: N50 - Recreation
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