Liabilities / Assets
50th percentile
Higher debt load relative to assets than 50% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.16x
Liabilities / Revenue
52nd percentile
Higher debt load relative to revenue than 52% of similar nonprofits.
Net Margin
91st percentile
Higher net margin than 91% of similar nonprofits.
Top Officer Pay
80th percentile
Higher top officer pay than 80% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
92nd percentile
Faster asset growth than 92% of similar nonprofits.
Revenue Growth
96th percentile
Faster revenue growth than 96% of similar nonprofits.
Balance Sheet
Assets
Up$3,261,339
Up $711,163 (+28%) from 2022
Net Assets
Up$2,745,730
Up $603,481 (+28%) from 2022
Liabilities
Up$515,609
Up $107,682 (+26%) from 2022
Revenue And Expenses
Revenue
Up$1,647,051
Up $802,659 (+95%) from 2022
Expenses
Up$1,053,627
Up $86,610 (+9.0%) from 2022
Net Income
Up$593,424
Up $716,049 (+584%) from 2022
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Nov 1, 2022 to Oct 31, 2023
- Signed
- Mar 16, 2024
- Return Version
- 2022v5.0
- Gross Receipts
- $1,647,051
Mission and Program Overview
Mission
Operate a social recreational club
Balance Sheet Detail
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $1,632,743 | $1,827,428 | ▲ $194,685 |
| Cash and Non-Interest-Bearing Accounts | $748,474 | $1,282,485 | ▲ $534,011 |
| Savings and Temporary Cash Investments | $126,897 | - | - |
| Accounts Receivable | $18,360 | $118,068 | ▲ $99,708 |
| Prepaid Expenses and Deferred Charges | $23,702 | $24,289 | ▲ $587 |
| Total Assets | $2,550,176 | $3,261,339 | ▲ $711,163 |
| Other Assets Total | $0 | $9,069 | ▲ $9,069 |
| Liabilities | |||
| Deferred Revenue | $268,808 | $426,649 | ▲ $157,841 |
| Mortgage Notes Payable Secured by Investment Property | $72,307 | $59,691 | ▼ $12,616 |
| Accounts Payable and Accrued Expenses | $48,501 | $26,404 | ▼ $22,097 |
| Other Liabilities | $18,311 | $2,865 | ▼ $15,446 |
| Total Liabilities | $407,927 | $515,609 | ▲ $107,682 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $2,142,249 | $2,745,730 | ▲ $603,481 |
| Total Net Assets Fund Balance | $2,142,249 | $2,745,730 | ▲ $603,481 |
| Total Liabilities and Net Assets / Fund Balance | $2,550,176 | $3,261,339 | ▲ $711,163 |
Asset Categories
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $275,857 | $471,089 | - |
| Other Land Buildings | $392,952 | $1,808,574 | - |
| Land | $1,037,359 | - | - |
| Equipment | $121,260 | $338,525 | - |
Compensation and Service Providers
Board Members and Trustees
| Name | Title |
|---|---|
| Carole Hall | President |
| Dave Walley | Director |
| Frank Cook | Director |
| Phil Richard | At Large |
| Mike Cummings | Secretary |
Revenue and Support
Revenue Composition
- Contributions and Grants
- $0
- Program Service Revenue
- $1,614,795
- Investment Income
- $32,256
- Other Revenue
- $0
- Change in Net Assets
- $593,424
Expenses and Functional Allocation
Major Expense Lines
| Line Item | Amount |
|---|---|
| Other Expenses | $657,483 |
| Salaries, Compensation, and Employee Benefits | $396,144 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
Functional Expense Allocation
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $15,878 | $331,651 | - | $347,529 |
| All Other Expenses | $40,095 | $127,229 | - | $167,324 |
| Occupancy | - | $112,035 | - | $112,035 |
| Depreciation Depletion | - | $85,354 | - | $85,354 |
| Other Expenses | $40,238 | $41,566 | - | $40,238 |
| Fees for Services Management | - | $35,328 | - | $35,328 |
| Office Expenses | - | $33,222 | - | $33,222 |
| Payroll Taxes | $1,214 | $26,303 | - | $27,517 |
| Insurance | - | $27,478 | - | $27,478 |
| Other Employee Benefits | - | $21,098 | - | $21,098 |
| Fees for Services Legal | - | $15,000 | - | $15,000 |
| Fees for Services Accounting | - | $6,780 | - | $6,780 |
| Total Functional Expenses | $97,425 | $956,202 | $0 | $1,053,627 |
Fundraising, Events, and Gaming
- Fundraising activities
- No
- Gaming activities
- No
- Professional fundraiser used
- No
Fundraising and Gaming Totals
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
Political and Lobbying Activity
- Political campaign activity
- No
- Subject to proxy tax
- No
Debt and Bond Financing
Other Reported Liabilities
| Liability | Amount |
|---|---|
| Accrued Payroll and Witholdings | $2,865 |
Governance and Compliance
Governance Checklist
- Compiled or reviewed by an accountant
- No
- Annual disclosure for covered persons
- Yes
- Business relationship with 35% controlled entity
- No
- Business relationship with family members
- No
- Business relationship with organization members
- No
- Material changes to governing documents
- No
- Compensation from other sources disclosed
- No
- CEO compensation reviewed
- Yes
- Other officer compensation reviewed
- No
- Conflict-of-interest policy
- Yes
- Audited financial statements prepared
- No
- Key decisions subject to board approval
- Yes
- Management duties delegated
- No
Governance Explanations
Form 990, Part VI, Section A, Line 6
“Classes of members or stockholders. The association is a corporation, each of the 310 members has a voting member certificate.”
Form 990, Part VI, Section A, Line 7A
“Election of members and thier rights - the association members vote for the board of directors”
Form 990, Part VI, Section A, Line 7B
“Decisions subject to approval of members - the membership votes annually on the budget and spending funds from reserves.”
Form 990, Part VI, Section B, Line 11B
“Organizations process to review form 990 - the executive director first reviews the financial statements and tax return in detail, then reviews with the treasurer before approving for finaliztion.”
Form 990, Part VI, Section B, Line 12C
“The governing documents, conflict of interest policy and financial statements are available for inspection upon receipt of a written request.”
Form 990, Part VI, Section B, Line 15A
“The hiring committee and board of directors determine compensation and review with outside sources to determine'that they are consistent with comparable positions by other companies.”
Form 990, Part VI, Section C, Line 19
“Enforcement of conflicts policy - the board of directors and the executive director annually review and enforce compliance with the conflict of interest policy.”
Filing and Contact Details
Filer
- Filer Name
- Lsp Association
- EIN
- 02-0314704
- Phone
- 6032937771
- Address
- 2600 LAKE SHORE ROAD, GILFORD, NH 03246-9422
Signing Officer
- Name
- Carole Hall
- Title
- Chairperson
- Phone
- 6032937771
- Signed
- 2024-03-16
- Discuss with paid preparer
- Yes
Organization Details
- Principal Officer
- Carole Hall
- Formed
- 1978
- Legal Domicile
- Nh
- Voting Board Members
- 5
- Independent Board Members
- 5
- Employees
- 7
- Volunteers
- 0
Preparer
- Firm
- David E Tully & Associates Pa
- Address
- 20 TRAFALGAR SQUARE SUITE 202, NASHUA, NH 03063
- Preparer
- David E Tully
- Phone
- 6038868885
Supplemental Narrative
Additional Explanations
Form 990, Part IX, Line 24E
“Building & facilty maintenance: program service expenses 0. Management and general expenses 35,284. Fundraising expenses 0. Total expenses 35,284. Vehicle & repairs: program service expenses 0. Management and general expenses 22,313. Fundraising expenses 0. Total expenses 22,313. Water system: program service expenses 0. Management and general expenses 21,258. Fundraising expenses 0. Total expenses 21,258. Motel: program service expenses 19,540. Management and general expenses 0. Fundraising expenses 0. Total expenses 19,540. Marina and mooring: program service expenses 16,125. Management and general expenses 0. Fundraising expenses 0. Total expenses 16,125. Sewer system: program service expenses 0. Management and general expenses 16,104. Fundraising expenses 0. Total expenses 16,104. Road repairs: program service expenses 0. Management and general expenses 15,079. Fundraising expenses 0. Total expenses 15,079. Grounds: program service expenses 0. Management and general expenses 4,771. Fundraising expenses 0. Total expenses 4,771. Rooms tax - nh: program service expenses 4,430. Management and general expenses 0. Fundraising expenses 0. Total expenses 4,430. Miscellaneous: program service expenses 0. Management and general expenses 4,194. Fundraising expenses 0. Total expenses 4,194. Taxes other: program service expenses 0. Management and general expenses 3,589. Fundraising expenses 0. Total expenses 3,589. Subcontractors: program service expenses 0. Management and general expenses 3,455. Fundraising expenses 0. Total expenses 3,455. Telephone: program service expenses 0. Management and general expenses 897. Fundraising expenses 0. Total expenses 897. Big pier maintenance: program service expenses 0. Management and general expenses 285. Fundraising expenses 0. Total expenses 285.”
Financial Statement Notes
PART X, LINE 2:
“Management has determined that the association does not have any uncertain tax positions and associated unrecognized benefits that materially impact the financial statements or related disclosures.”
Raw XML Appendix375 raw XML fields
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990/AccountantCompileOrReviewInd | 0 | 0 |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 48501 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 26404 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 18360 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 118068 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | OPERATE A SOCIAL RECREATIONAL CLUB |
| IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt | 0 | 127229 |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 40095 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 167324 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | NANCY PARKER |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 6032937771 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 2600 LAKE SHORE ROAD |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | GILFORD |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NH |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 03246 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | 0 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 748474 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 1282485 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 1 |
| IRS990/CompensationProcessOtherInd | 0 | 0 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 1 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 0 |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 0 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 32256 |
| IRS990/CYOtherExpensesAmt | 0 | 657483 |
| IRS990/CYOtherRevenueAmt | 0 | 0 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 1614795 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 593424 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 396144 |
| IRS990/CYTotalExpensesAmt | 0 | 1053627 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 1647051 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 1 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DeferredRevenueGrp/BOYAmt | 0 | 268808 |
| IRS990/DeferredRevenueGrp/EOYAmt | 0 | 426649 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt | 0 | 85354 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 85354 |
| IRS990/Desc | 0 | PROVIDE VARIOUS RECREATIONAL ACTIVITIES AND SOCIAL FUNCTIONS FOR THE 310 MEMBERS, THIER FAMILIES AND FRIENDS. |
| IRS990/DescribedInSection501c3Ind | 0 | 0 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 1 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 1 |
| IRS990/EmployeeCnt | 0 | 7 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 97425 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 6780 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 6780 |
| IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt | 0 | 15000 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 15000 |
| IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt | 0 | 35328 |
| IRS990/FeesForServicesManagementGrp/TotalAmt | 0 | 35328 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | CAROLE HALL |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | PHIL RICHARD |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | FRANK COOK |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | DAVE WALLEY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | MIKE CUMMINGS |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | AT LARGE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | SECRETARY |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/Form990TFiledInd | 0 | 1 |
| IRS990/FormationYr | 0 | 1978 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedInd | 0 | 0 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GainOrLossGrp/OtherAmt | 0 | 21500 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 5 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossAmountSalesAssetsGrp/OtherAmt | 0 | 21500 |
| IRS990/GrossReceiptsAmt | 0 | 1647051 |
| IRS990/GrossReceiptsForPublicUseAmt | 0 | 0 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 1 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 0 |
| IRS990/IndependentVotingMemberCnt | 0 | 5 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 1 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartIXInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InitiationFeesAndCapContriAmt | 0 | 18000 |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 27478 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 27478 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 10756 |
| IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt | 0 | 10756 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/IRPDocumentCnt | 0 | 35 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 2618188 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 1632743 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 1827428 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 4445616 |
| IRS990/LegalDomicileStateCd | 0 | NH |
| IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt | 0 | 0 |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 1 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | OPERATE A SOCIAL RECREATIONAL CLUB |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt | 0 | 72307 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt | 0 | 59691 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 2142249 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 2745730 |
| IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt | 0 | 21500 |
| IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt | 0 | 21500 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 9756 |
| IRS990/NetUnrlzdGainsLossesInvstAmt | 0 | 10057 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | 2142249 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 2745730 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OccupancyGrp/ManagementAndGeneralAmt | 0 | 112035 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 112035 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 33222 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 33222 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501cInd | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 0 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 9069 |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt | 0 | 21098 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 21098 |
| IRS990/OtherExpensesGrp/Desc | 0 | RUBBISH |
| IRS990/OtherExpensesGrp/Desc | 1 | TREE WORK |
| IRS990/OtherExpensesGrp/Desc | 2 | HEAT, LIGHT & POWER |
| IRS990/OtherExpensesGrp/Desc | 3 | RECREATION |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 48658 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 1 | 44500 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 2 | 41566 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 40238 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 48658 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 44500 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 41566 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 40238 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 18311 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 2865 |
| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 331651 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 15878 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 347529 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt | 0 | 26303 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 1214 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 27517 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 23702 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 24289 |
| IRS990/PrincipalOfficerNm | 0 | CAROLE HALL |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 713990 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 1 | 713990 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 2 | 713990 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 3 | 713990 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 4 | 713990 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | MEMBER DUES |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | ASSESSMENTS |
| IRS990/ProgramServiceRevenueGrp/Desc | 2 | OTHER REVENUES |
| IRS990/ProgramServiceRevenueGrp/Desc | 3 | MARINA FEES |
| IRS990/ProgramServiceRevenueGrp/Desc | 4 | MOTEL |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 716750 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | 620000 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 2 | 103418 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 3 | 81289 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 4 | 39275 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 716750 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 620000 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 2 | 103418 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 3 | 81289 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 4 | 39275 |
| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | N/A |
| IRS990/ProgSrvcAccomActyOtherGrp/Desc | 0 | N/A |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/PYInvestmentIncomeAmt | 0 | 3265 |
| IRS990/PYOtherExpensesAmt | 0 | 685797 |
| IRS990/PYOtherRevenueAmt | 0 | 0 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 841127 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | -122625 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 281220 |
| IRS990/PYTotalExpensesAmt | 0 | 967017 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 844392 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 593424 |
| IRS990/RegularMonitoringEnfrcInd | 0 | 1 |
| IRS990/RelatedEntityInd | 0 | 0 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 1 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 126897 |
| IRS990/ScheduleBRequiredInd | 0 | 0 |
| IRS990ScheduleD/BuildingsGrp/BookValueAmt | 0 | 275857 |
| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 471089 |
| IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt | 0 | 746946 |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 121260 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 338525 |
| IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt | 0 | 459785 |
| IRS990ScheduleD/FootnoteTextInd | 0 | X |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 1037359 |
| IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt | 0 | 1037359 |
| IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt | 0 | 392952 |
| IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt | 0 | 1808574 |
| IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt | 0 | 2201526 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 2865 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | ACCRUED PAYROLL AND WITHOLDINGS |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | MANAGEMENT HAS DETERMINED THAT THE ASSOCIATION DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS AND ASSOCIATED UNRECOGNIZED BENEFITS THAT MATERIALLY IMPACT THE FINANCIAL STATEMENTS OR RELATED DISCLOSURES. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | PART X, LINE 2: |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 1827428 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 2865 |
| IRS990/ScheduleJRequiredInd | 0 | 0 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | CLASSES OF MEMBERS OR STOCKHOLDERS. THE ASSOCIATION IS A CORPORATION, EACH OF THE 310 MEMBERS HAS A VOTING MEMBER CERTIFICATE. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | ELECTION OF MEMBERS AND THIER RIGHTS - THE ASSOCIATION MEMBERS VOTE FOR THE BOARD OF DIRECTORS |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | DECISIONS SUBJECT TO APPROVAL OF MEMBERS - THE MEMBERSHIP VOTES ANNUALLY ON THE BUDGET AND SPENDING FUNDS FROM RESERVES. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | ORGANIZATIONS PROCESS TO REVIEW FORM 990 - THE EXECUTIVE DIRECTOR FIRST REVIEWS THE FINANCIAL STATEMENTS AND TAX RETURN IN DETAIL, THEN REVIEWS WITH THE TREASURER BEFORE APPROVING FOR FINALIZTION. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE FOR INSPECTION UPON RECEIPT OF A WRITTEN REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | THE HIRING COMMITTEE AND BOARD OF DIRECTORS DETERMINE COMPENSATION AND REVIEW WITH OUTSIDE SOURCES TO DETERMINE'THAT THEY ARE CONSISTENT WITH COMPARABLE POSITIONS BY OTHER COMPANIES. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | ENFORCEMENT OF CONFLICTS POLICY - THE BOARD OF DIRECTORS AND THE EXECUTIVE DIRECTOR ANNUALLY REVIEW AND ENFORCE COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | BUILDING & FACILTY MAINTENANCE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 35,284. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 35,284. VEHICLE & REPAIRS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 22,313. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 22,313. WATER SYSTEM: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 21,258. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 21,258. MOTEL: PROGRAM SERVICE EXPENSES 19,540. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 19,540. MARINA AND MOORING: PROGRAM SERVICE EXPENSES 16,125. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 16,125. SEWER SYSTEM: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 16,104. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 16,104. ROAD REPAIRS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 15,079. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 15,079. GROUNDS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 4,771. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,771. ROOMS TAX - NH: PROGRAM SERVICE EXPENSES 4,430. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,430. MISCELLANEOUS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 4,194. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,194. TAXES OTHER: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 3,589. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,589. SUBCONTRACTORS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 3,455. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,455. TELEPHONE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 897. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 897. BIG PIER MAINTENANCE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 285. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 285. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PART VI, SECTION A, LINE 6 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART VI, SECTION A, LINE 7A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART VI, SECTION A, LINE 7B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PART VI, SECTION B, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PART VI, SECTION B, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990, PART VI, SECTION B, LINE 15A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | FORM 990, PART VI, SECTION C, LINE 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | FORM 990, PART IX, LINE 24E |
| IRS990/SchoolOperatingInd | 0 | 0 |
| IRS990/SignificantChangeInd | 0 | 0 |
| IRS990/SignificantNewProgramSrvcInd | 0 | 0 |
| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | 0 |
| IRS990/SubjectToProxyTaxInd | 0 | 0 |
| IRS990/SubjToTaxRmnrtnExPrchtPymtInd | 0 | 0 |
| IRS990/TaxablePartyNotificationInd | 0 | 0 |
| IRS990/TaxExemptBondsInd | 0 | 0 |
| IRS990/TerminateOperationsInd | 0 | 0 |
| IRS990/TotalAssetsBOYAmt | 0 | 2550176 |
| IRS990/TotalAssetsEOYAmt | 0 | 3261339 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 2550176 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 3261339 |
| IRS990/TotalCompGreaterThan150KInd | 0 | 0 |
| IRS990/TotalEmployeeCnt | 0 | 7 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 956202 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 97425 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 1053627 |
| IRS990/TotalGrossUBIAmt | 0 | 10756 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 407927 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 515609 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 407927 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 515609 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 2142249 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 2745730 |
| IRS990/TotalOtherCompensationAmt | 0 | 0 |
| IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt | 0 | 54063 |
| IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt | 0 | 54063 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 97425 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 1614795 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 0 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 0 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 1636295 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 1647051 |
| IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 10756 |
| IRS990/TotalVolunteersCnt | 0 | 0 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 2550176 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 3261339 |
| IRS990/TotReportableCompRltdOrgAmt | 0 | 0 |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | 1 |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | 2600 LAKE SHORE ROAD |
| IRS990/USAddress/CityNm | 0 | GILFORD |
| IRS990/USAddress/StateAbbreviationCd | 0 | NH |
| IRS990/USAddress/ZIPCd | 0 | 03249 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 5 |
| IRS990/VotingMembersIndependentCnt | 0 | 5 |
| IRS990/WebsiteAddressTxt | 0 | WWW.LAKESHOREPARK.ORG |
| IRS990/WhistleblowerPolicyInd | 0 | 1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd | 0 | AAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd | 0 | IAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd | 0 | 2 |
| ReturnHeader/BuildTS | 0 | 2023-04-26 12:10:37Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | CAROLE HALL |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | CHAIRPERSON |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 6032937771 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2024-03-16 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | LSP ASSOCIATION |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | LSPA |
| ReturnHeader/Filer/EIN | 0 | 020314704 |
| ReturnHeader/Filer/PhoneNum | 0 | 6032937771 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 2600 LAKE SHORE ROAD |
| ReturnHeader/Filer/USAddress/CityNm | 0 | GILFORD |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | NH |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 032469422 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | 0 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 020330274 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | DAVID E TULLY & ASSOCIATES PA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 20 TRAFALGAR SQUARE SUITE 202 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | NASHUA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | NH |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 03063 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 6038868885 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2024-03-16 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | DAVID E TULLY |
| ReturnHeader/ReturnTs | 0 | 2024-03-16T07:44:08-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | CAROLE |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | HALL |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2022-11-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2023-10-31 |
| ReturnHeader/TaxYr | 0 | 2022 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2023 • Form 990Detailed filing. Detailed filing data is available for this year.
- Assets
- $3,261,339
- Liabilities
- $515,609
- Net assets
- $2,745,730
- Revenue
- $1,647,051
- Expenses
- $1,053,627
- Net income
- $593,424