NonprofitsForest Lake Park Club Inc

Forest Lake Park Club Inc

ALBANY, NY

Total revenue

$77K

Total expenses

$70K

Net assets

$957K

Grants received

EIN

141262818

Tax year

2024

Mission

Maintain the common land/facilities and oversee social events. Provide all 35 cottage owners with ability to enjoy facilities by maintaining water system; lake front common land; farmhouse and barn. All Association expenses are covered through member assessments.

Programs

3 programs

The association's water system is active from May through October each year. To continue our proactive mindset, the association replaced sub-sections of water piping. Additionally, constant water testing is conducted.

Expenses: $2K

Due to the amount of property on the association, which includes larger grassed areas, we invested in a riding mower for our caretaker. This will assist in the general upkeep of the organization and continues our welcoming environment.

Expenses: $8K

PART 3 - Section 4d - Reflected here the normal operational expenses associated with maintaining the FLP common property

Expenses: $55K

Financials

FY 2024

Revenue

Contributions & grants$77K
Program service revenue
Investment income
Other revenue
Total revenue$77K

Expenses

Grants paid
Salaries & benefits$3K
Fundraising
Other expenses$66K
Total expenses$70K
Total assets$957K
Net assets$957K

People

11 listed

NameRoleCompensation

Larry Aceto

Director

Board

5 hrs/wk

Doug Oglesby

Director

Board

1 hrs/wk

Megan Brown

Director

Board

1 hrs/wk

Alison Branco

President

Board

5 hrs/wk

Michael Hogan

Director

Board

1 hrs/wk

Shannon Brown

Vice-President

Board

5 hrs/wk

John Wyld

Treasurer

Board

10 hrs/wk

David Bruso

Secretary

Board

3 hrs/wk

Vincent McLoughlin

Director

Board

1 hrs/wk

Kris Royce

Swim Instructor

Staff

$3K

20 hrs/wk

Brian Smith

Caretaker

Staff

$600

6 hrs/wk

Details

EIN141262818
Subsection07
Ruling date1945-02
Formed1925
Employees0
Volunteers15
FOREST LAKE PARK CLUB INC — Mission, Financials & Grants Received | Grantivo