LAKE ELMORE ASSOCIATION INC: Form 990EZ, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- LAKE ELMORE ASSOCIATION INC (EIN 35-2646572)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-02-22
- IRS object ID
- 202410539349200816
- Schema version
- 2023v4.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-02-22T11:27:31-05:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 030322133 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MARCKRES NORDER AND COMPANY INC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 732 | AddressLine1Txt |
| City | MORRISVILLE | CityNm |
| State Abbreviation | VT | StateAbbreviationCd |
| ZIP | 05661 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990EZ | ReturnTypeCd |
| Tax Period Begin | 2023-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 352646572 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LAKE ELMORE ASSOCIATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | LAKE | BusinessNameControlTxt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 61 | AddressLine1Txt |
| City | LAKE ELMORE | CityNm |
| State Abbreviation | VT | StateAbbreviationCd |
| ZIP | 05661 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | CHERYL SCHWARTZ | PersonNm |
| Person Title | TREASURER | PersonTitleTxt |
| Signature | 2024-02-21 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | CHERLY | PersonFirstNm |
| Person Last | SCHWARTZ | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (true) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | DEBORAH L VERZILLI CPA | PreparerPersonNm |
| PTIN | P00295703 | PTIN |
| Phone | 8028887781 | PhoneNum |
| Preparation | 2024-02-22 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990-EZ IRS990EZ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
| Website Address | N/A | WebsiteAddressTxt |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Gross Receipts | $76,297 | GrossReceiptsAmt |
| Info In Schedule O Part I | Yes (X) | InfoInScheduleOPartIInd |
| Contributions Gifts Grants Etc | $67,430 | ContributionsGiftsGrantsEtcAmt |
| Membership Dues | $3,250 | MembershipDuesAmt |
| Investment Income | $744 | InvestmentIncomeAmt |
| Gaming Gross Income | $3,143 | GamingGrossIncomeAmt |
| Fundraising Gross Income | $1,730 | FundraisingGrossIncomeAmt |
| Special Events Direct Expenses | $1,721 | SpecialEventsDirectExpensesAmt |
| Special Events Net Income Loss | $3,152 | SpecialEventsNetIncomeLossAmt |
| Total Revenue | $74,576 | TotalRevenueAmt |
| Fees And Other Pymt To Ind Cntrct | $21,113 | FeesAndOtherPymtToIndCntrctAmt |
| Printing Publications Postage | $78 | PrintingPublicationsPostageAmt |
| Other Expenses Total | $14,458 | OtherExpensesTotalAmt |
| Total Expenses | $35,649 | TotalExpensesAmt |
| Excess Or Deficit For Year | $38,927 | ExcessOrDeficitForYearAmt |
| Net Assets Or Fund Balances BOY | $81,505 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $120,432 | NetAssetsOrFundBalancesEOYAmt |
Cash Savings And Investments CashSavingsAndInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $81,505 | BOYAmt |
| EOY | $120,432 | EOYAmt |
Form990 Total Assets Form990TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $81,505 | BOYAmt |
| EOY | $120,432 | EOYAmt |
Net Assets Or Fund Balances NetAssetsOrFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $81,505 | BOYAmt |
| EOY | $120,432 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Primary Exempt Purpose | THE PURPOSE OF THE LAKE ELMORE ASSOCIATION INC. IS TO SERVE AS A PUBLIC BENEFIT ORGANIZATION TO PROMOTE THE BETTERMENT OF LAKE ELMORE AND THE SURROUNDING COMMUNITY. | PrimaryExemptPurposeTxt |
Program Srvc Accomplishment ProgramSrvcAccomplishmentGrp (2 entries)
| Description Program Srvc AccomDescriptionProgramSrvcAccomTxt | Program Service ExpensesProgramServiceExpensesAmt |
|---|---|
| CONTROL OF EURASION WATERMILFOIL IN LAKE ELMORE: HIRED A PROFESSIONAL DIVING FIRM TO USE SUCTION ASSISTED HAND PULLING TO REMOVE 164 GALLONS OF MILFOIL. DIVERS DID NOT NEED TO LAY BOTTOM BARRIER THIS YEAR. THIS PROJECT BENEFITS THOUSANDS OF VISITORS WHO COME TO LAKE ELMORE FOR RECREATION. | $20,563 |
| GREETER PROGRAM AT BOAT LAUNCH AREA: OUR GREETERS PERFORMED 714 INSPECTIONS AND FOUND PLANT LIFE ON 17 BOATS. GREETERS ALSO EDUCATE THE WATERCRAFT USERS ABOUT INVASIVE AQUATIC NUISANCES. OUR GREETERS WORKED 534.5 HOURS THIS YEAR. THE ASSOCIATION ALSO ASSISTS IN MAINTAINING THE ENVIRONMENTAL HEALTH OF THE LAKE. | $13,687 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $34,250 | TotalProgramServiceExpensesAmt |
Officer Director Trustee Empl OfficerDirectorTrusteeEmplGrp (13 entries)
| TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt |
|---|---|---|
| GLENN SCHWARTZ | ||
| PRESIDENT | 4.00 | $0 |
| CHERYL BARKLEY | ||
| VICE PRESIDE | 3.00 | $0 |
| BRUCE OLSSON | ||
| RECORDING SE | 2.00 | $0 |
| MELISSA DIMOTTA | ||
| CORRESPOND S | 2.00 | $0 |
| CHERYL SCHWARTZ | ||
| TREASURER | 3.00 | $0 |
| MARTHA TWOMBLEY | ||
| DIRECTOR | 1.00 | $0 |
| GEORGE TWOMBLEY | ||
| DIRECTOR | 1.00 | $0 |
| SHARON FORTUNE | ||
| DIRECTOR | 1.00 | $0 |
| JAMES MAGOON | ||
| DIRECTOR | 1.00 | $0 |
| PATRICK LOWKES | ||
| DIRECTOR | 1.00 | $0 |
| TODD ANDERSON | ||
| DIRECTOR | 1.00 | $0 |
| MICHAEL BOTAISH | ||
| DIRECTOR | 1.00 | $0 |
| MARK BREWER | ||
| DIRECTOR | 1.00 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Chg Made To Orgnzng Doc Not Rpt | false | ChgMadeToOrgnzngDocNotRptInd |
| Organization Had UBI | false | OrganizationHadUBIInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Form1120 Pol Filed | false | Form1120PolFiledInd |
| Made Loans To From Officers | false | MadeLoansToFromOfficersInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | CHERYL SCHWARTZ | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 61 | AddressLine1Txt |
| City | LAKE ELMORE | CityNm |
| State Abbreviation | VT | StateAbbreviationCd |
| ZIP | 05661 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8028881158 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Foreign Office | false | ForeignOfficeInd |
| Donor Advised Fnds | false | DonorAdvisedFndsInd |
| Operate Hospital | false | OperateHospitalInd |
| Tanning Services Provided | false | TanningServicesProvidedInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | false | TransactionWithControlEntInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| School Operating | false | SchoolOperatingInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Part VI Of Comp Of Hghst Pd Empl | NONE | PartVIOfCompOfHghstPdEmplTxt |
| Part VI Hghst Pd Cntrct Prof Srvc | NONE | PartVIHghstPdCntrctProfSrvcTxt |
| Filed Schedule A | Yes (true) | FiledScheduleAInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $13,672 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $31,214 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $33,347 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $17,396 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $52,430 | CurrentTaxYearAmt |
| Total | $148,059 | TotalAmt |
Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $15,000 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $15,000 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $15,000 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $15,000 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $15,000 | CurrentTaxYearAmt |
| Total | $75,000 | TotalAmt |
Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $7,000 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $3,600 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $4,175 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $3,600 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $6,000 | CurrentTaxYearAmt |
| Total | $24,375 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $35,672 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $49,814 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $52,522 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $35,996 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $73,430 | CurrentTaxYearAmt |
| Total | $247,434 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $23,073 | SubstantialContributorsTotAmt |
| Public Support Total170 | $224,361 | PublicSupportTotal170Amt |
| Total Support | $247,434 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $20,112 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.90680 | PublicSupportCY170Pct |
| Public Support PY170 | 1.00000 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990-EZ, PART I, LINE 16 | EXPENSES DIRECTORS AND OFFICERS INSURA 849 LIABILITY INSURANCE 1,239 DUES 50 GREETER EXPENSES 11,979 MISCELLANEOUS EXPENSE 341 TOTAL 14,458 |
| FORM 990-EZ, PART III | THE PURPOSE OF THE LAKE ELMORE ASSOCIATION INC. IS TO SERVE AS A PUBLIC BENEFIT ORGANIZATION TO PROMOTE THE BETTERMENT OF LAKE ELMORE AND THE SURROUNDING COMMUNITY. |
| FORM 990-EZ, PART III, LINE 28 | CONTROL OF EURASION WATERMILFOIL IN LAKE ELMORE: HIRED A PROFESSIONAL DIVING FIRM TO USE SUCTION ASSISTED HAND PULLING TO REMOVE 164 GALLONS OF MILFOIL. DIVERS DID NOT NEED TO LAY BOTTOM BARRIER THIS YEAR. THIS PROJECT BENEFITS THOUSANDS OF VISITORS WHO COME TO LAKE ELMORE FOR RECREATION. |
| FORM 990-EZ, PART III, LINE 29 | GREETER PROGRAM AT BOAT LAUNCH AREA: OUR GREETERS PERFORMED 714 INSPECTIONS AND FOUND PLANT LIFE ON 17 BOATS. GREETERS ALSO EDUCATE THE WATERCRAFT USERS ABOUT INVASIVE AQUATIC NUISANCES. OUR GREETERS WORKED 534.5 HOURS THIS YEAR. THE ASSOCIATION ALSO ASSISTS IN MAINTAINING THE ENVIRONMENTAL HEALTH OF THE LAKE. |