LAKE RESCUE ASSOCIATION INC: Form 990EZ, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- LAKE RESCUE ASSOCIATION INC (EIN 03-0368496)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-05-23
- IRS object ID
- 202421449349200032
- Schema version
- 2023v5.0
- 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 | 2024-05-23T10:48:05-07:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 030334408 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Timothy L Faulkner CPA PC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 28 Pond St | AddressLine1Txt |
| City | Ludlow | CityNm |
| State Abbreviation | VT | StateAbbreviationCd |
| ZIP | 05149 | 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 | 030368496 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LAKE RESCUE ASSOCIATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | LAKE | BusinessNameControlTxt |
| Phone | 8022287375 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 372 | AddressLine1Txt |
| City | LUDLOW | CityNm |
| State Abbreviation | VT | StateAbbreviationCd |
| ZIP | 05149 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | KEVIN GOLMONT | PersonNm |
| Person Title | Treasurer | PersonTitleTxt |
| Signature | 2024-05-23 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | KEVIN | PersonFirstNm |
| Person Last | GOLMONT | 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 | Timothy L Faulkner | PreparerPersonNm |
| PTIN | P01219576 | PTIN |
| Phone | 8022285575 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Federated Assurance Level | FAL1 | FederatedAssuranceLevelCd |
| 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 | www.lakerescue.org | WebsiteAddressTxt |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Gross Receipts | $135,112 | GrossReceiptsAmt |
| Info In Schedule O Part I | Yes (X) | InfoInScheduleOPartIInd |
| Contributions Gifts Grants Etc | $109,152 | ContributionsGiftsGrantsEtcAmt |
| Membership Dues | $5,917 | MembershipDuesAmt |
| Investment Income | $7,786 | InvestmentIncomeAmt |
| Sale Of Assets Gross | $12,257 | SaleOfAssetsGrossAmt |
| Cost Or Other Basis Expense Sale | $12,280 | CostOrOtherBasisExpenseSaleAmt |
| Gain Or Loss From Sale Of Assets | -$23 | GainOrLossFromSaleOfAssetsAmt |
| Fundraising Gross Income | $0 | FundraisingGrossIncomeAmt |
| Special Events Direct Expenses | $0 | SpecialEventsDirectExpensesAmt |
| Cost Of Goods Sold | $0 | CostOfGoodsSoldAmt |
| Total Revenue | $122,832 | TotalRevenueAmt |
| Fees And Other Pymt To Ind Cntrct | $41,404 | FeesAndOtherPymtToIndCntrctAmt |
| Other Expenses Total | $49,015 | OtherExpensesTotalAmt |
| Total Expenses | $90,419 | TotalExpensesAmt |
| Excess Or Deficit For Year | $32,413 | ExcessOrDeficitForYearAmt |
| Net Assets Or Fund Balances BOY | $375,806 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $408,219 | NetAssetsOrFundBalancesEOYAmt |
Cash Savings And Investments CashSavingsAndInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $375,806 | BOYAmt |
| EOY | $408,219 | EOYAmt |
Form990 Total Assets Form990TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $375,806 | BOYAmt |
| EOY | $408,219 | EOYAmt |
Net Assets Or Fund Balances NetAssetsOrFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $375,806 | BOYAmt |
| EOY | $408,219 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Primary Exempt Purpose | THE ASSOCIATION EXISTS TO PROMOTE WATER SAFETY, ENVIRONMENTAL EDUCATION, IMPROVED WATER QUALITY, AND RESOLUTION OF PERTINENT MATTERS AMONG ASSOCIATION MEMBERS. | PrimaryExemptPurposeTxt |
Program Srvc Accomplishment ProgramSrvcAccomplishmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description Program Srvc Accom | Promoting water safety, environmental education and improved water quality. | DescriptionProgramSrvcAccomTxt |
| Program Service Expenses | $47,715 | ProgramServiceExpensesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $47,715 | TotalProgramServiceExpensesAmt |
Officer Director Trustee Empl OfficerDirectorTrusteeEmplGrp (8 entries)
| TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt |
|---|---|---|
| KEVIN GOLMONT | ||
| Treasurer | 2.00 | $0 |
| PHILLIP NEWELL | ||
| Vice President | 2.00 | $0 |
| GEORGE THOMSON | ||
| Director | 2.00 | $0 |
| BRUCE ZANCA | ||
| President & CEO | 1.00 | $0 |
| GLORIA KATSIFF | ||
| Director | 1.00 | $0 |
| NATALIE FISCHER | ||
| Director | 1.00 | $0 |
| JACQUELINE THONG | ||
| Director | 1.00 | $0 |
| SPENCER RUBIN | ||
| 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 |
| Tax Imposed Under IRC4911 | $0 | TaxImposedUnderIRC4911Amt |
| Tax Imposed Under IRC4912 | $0 | TaxImposedUnderIRC4912Amt |
| Tax Imposed Under IRC4955 | $0 | TaxImposedUnderIRC4955Amt |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| Tax Imposed On Organization Mgr | $0 | TaxImposedOnOrganizationMgrAmt |
| Tax Reimbursed By Organization | $0 | TaxReimbursedByOrganizationAmt |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | KEVIN GOLMONT | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 372 | AddressLine1Txt |
| City | LUDLOW | CityNm |
| State Abbreviation | VT | StateAbbreviationCd |
| ZIP | 05149 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8022287151 | 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) |
|---|---|---|
| Publicly Supported Org509a2 | Yes (X) | PubliclySupportedOrg509a2Ind |
Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $34,160 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $211,432 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $136,837 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $79,264 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $110,369 | CurrentTaxYearAmt |
| Total | $572,062 | TotalAmt |
Gross Receipts Admissions GrossReceiptsAdmissionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Gross Receipts Non Unrlt Bus GrossReceiptsNonUnrltBusGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Tax Rev Levied Orgnztnl Bnft509 TaxRevLeviedOrgnztnlBnft509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Govt Furn Srvc Fclts Vl509 GovtFurnSrvcFcltsVl509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Total509 Total509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $34,160 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $211,432 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $136,837 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $79,264 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $110,369 | CurrentTaxYearAmt |
| Total | $572,062 | TotalAmt |
Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Substantial Contributors Amt SubstantialContributorsAmtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | $572,062 | PublicSupportTotal509Amt |
Gross Investment Income509 GrossInvestmentIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $968 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $838 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $412 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $476 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $7,786 | CurrentTaxYearAmt |
| Total | $10,480 | TotalAmt |
Post1975 UBTI Post1975UBTIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Investment Income And UBTI InvestmentIncomeAndUBTIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $968 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $838 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $412 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $476 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $7,786 | CurrentTaxYearAmt |
| Total | $10,480 | TotalAmt |
Net Income From Other UBI NetIncomeFromOtherUBIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Income509 OtherIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,064 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus1 Year | $2,999 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $4,700 | CurrentTaxYearAmt |
| Total | $8,763 | TotalAmt |
Total Support Calendar Year TotalSupportCalendarYearGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $36,192 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $212,270 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $137,249 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $82,739 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $122,855 | CurrentTaxYearAmt |
| Total | $591,305 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support CY509 | 0.96750 | PublicSupportCY509Pct |
| Public Support PY509 | 0.98330 | PublicSupportPY509Pct |
| Investment Income CY | 0.01770 | InvestmentIncomeCYPct |
| Investment Income PY | 0.00720 | InvestmentIncomePYPct |
| Thirty Thr Pct Suprt Tests CY509 | Yes (X) | ThirtyThrPctSuprtTestsCY509Ind |
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 (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Other Expenses.1002 | Office Expenses $300 |
| Other Expenses.1012 | Insurance $1944 |
| Other Expenses.1 | MILFOIL EXPENSES $31603 |
| Other Expenses.2 | MISCELLANEOUS $9853 |
| Other Expenses.3 | DASH BOAT PROJECT $2648 |
| Other Expenses.4 | DUES & SUBSCRIPTIONS $1667 |
| Other Expenses.5 | DONATIONS $1000 |