Liabilities / Assets
Score unavailable
Liabilities-to-assets requires both liabilities and assets on the latest valid filing.
Newton Lake Association
EIN 23-1736249 • 501(c)7 • Carbondale, PA
Profile
The purpose of the association is to preserve and protect newton lake and its surroundings. The association's goal is to enhance the water quality, fishery, boating safely and the aestetic values of newton lake.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
No value available
Liabilities / Revenue
Score unavailable
Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.
Net Margin
86th percentile
Higher net margin than 86% of similar nonprofits.
Top Officer Pay
94th percentile
Higher top officer pay than 94% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
59th percentile
Faster asset growth than 59% of similar nonprofits.
Revenue Growth
59th percentile
Faster revenue growth than 59% of similar nonprofits.
Balance Sheet
Assets
Up$390,848
Up $15,640 (+4.2%) from 2023
Liabilities
-
No earlier filing loaded for comparison.
Net Assets
$390,848
No earlier filing loaded for comparison.
Revenue
Up$58,674
Up $3,278 (+5.9%) from 2023
Expenses
Down$43,035
Down $12,023 (-22%) from 2023
Net Income
Up$15,639
Up $15,301 (+4527%) from 2023
Trend Graphs
Filings
Most recent year
2024 • Form 990EZXML pending. An XML filing is linked for this year, but detailed extraction is still pending.
- Assets
- $390,848
- Liabilities
- -
- Net assets
- $390,848
- Revenue
- $58,674
- Expenses
- $43,035
- Net income
- $15,639
Latest Detailed Filing
The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2022 to Dec 31, 2022
- Signed
- Sep 8, 2023
- Return Version
- 2022v5.0
- Gross Receipts
- $51,323
Mission and Program Overview
Mission
The purpose of the association is to preserve and protect newton lake and its surroundings. The association's goal is to enhance the water quality, fishery, boating safely and the aestetic values of newton lake.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| THE ASSOCIATION IS MADE UP MEMBERS/PROPERTY OWNERS OF NEWTON LAKE WHO PAY ANNUAL MEMBERSHIP DUES. THE BUSINESS AND AFFAIRS OF THE ASSOCIAITON IS MANAGED BY THE BOARD OF DIRECTORS, WHO ARE ELECTED BY THE MEMBERS OF THE ASSOCIATION | - | - |
| THE PURPOSE OF THE ASSOCIATION IS TO PRESERVE AND PROTECT NEWTON LAKE AND ITS SURROUNDINGS. THE ASSOCIATIONS GOAL IS TO ENHANCE THE WATER QUALITY, FISHERY, BOATING SAFELY AND THE AESTETIC VALUES OF NEWTON LAKE. | - | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| JACK SMEDLEY | President | - | $0 | - | - |
| FRANK RUGGIERO | Vice Preside | - | $0 | - | - |
| THOMAS J MALINCHAK JR | Treasurer | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Newton Lake Association
- EIN
- 23-1736249
- Address
- PO BOX 701, CARBONDALE, PA 18407
Signing Officer
- Name
- Thomas J Malinchak Jr
- Title
- Treasurer
- Signed
- 2023-09-08
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Brian T Kelly CPA & Assoc LLC
- Address
- 32 N SCOTT ST, CARBONDALE, PA 18407
- Preparer
- Brian T Kelly CPA
- Phone
- 5702822800
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 16
“Expenses donations 1,100 office expense 359 insurance 11,419 non-investment depreciation 13,500 total 26,378”
Form 990-ez, Part I, Line 20
“Market value adj investments -12,494”
Form 990-ez, Part II, Line 24
“New outlet drain pipe 0 13,500 less accumulated depreciation 0 13,500 total 0 0”
Form 990-ez, Part III
“The purpose of the association is to preserve and protect newton lake and its surroundings. The association's goal is to enhance the water quality, fishery, boating safely and the aestetic values of newton lake.”
Form 990-ez, Part III, Line 28
“The association is made up members/property owners of newton lake who pay annual membership dues. The business and affairs of the associaiton is managed by the board of directors, who are elected by the members of the association”
Form 990-ez, Part III, Line 31
“The purpose of the association is to preserve and protect newton lake and its surroundings. The associations goal is to enhance the water quality, fishery, boating safely and the aestetic values of newton lake.”
Raw XML Appendix111 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 |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | THOMAS J MALINCHAK JR |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 5702822800 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | PO BOX 701 |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | CARBONDALE |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | PA |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 18407 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 177752 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 155975 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -9283 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 32701 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 392752 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 370975 |
| IRS990EZ/FundraisingGrossIncomeAmt | 0 | 6398 |
| IRS990EZ/GrossReceiptsAmt | 0 | 51323 |
| IRS990EZ/GrossReceiptsForPublicUseAmt | 0 | 0 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InitiationFeesAndCapContriAmt | 0 | 3500 |
| IRS990EZ/LandAndBuildingsGrp/BOYAmt | 0 | 215000 |
| IRS990EZ/LandAndBuildingsGrp/EOYAmt | 0 | 215000 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MembershipDuesAmt | 0 | 27750 |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 392752 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 370975 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 392752 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 370975 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 4.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | JACK SMEDLEY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | FRANK RUGGIERO |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | THOMAS J MALINCHAK JR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | VICE PRESIDE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | TREASURER |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501cInd | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | -12494 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 26378 |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | THE PURPOSE OF THE ASSOCIATION IS TO PRESERVE AND PROTECT NEWTON LAKE AND ITS SURROUNDINGS. THE ASSOCIATION'S GOAL IS TO ENHANCE THE WATER QUALITY, FISHERY, BOATING SAFELY AND THE AESTETIC VALUES OF NEWTON LAKE. |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 1527 |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 17175 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | THE ASSOCIATION IS MADE UP MEMBERS/PROPERTY OWNERS OF NEWTON LAKE WHO PAY ANNUAL MEMBERSHIP DUES. THE BUSINESS AND AFFAIRS OF THE ASSOCIAITON IS MANAGED BY THE BOARD OF DIRECTORS, WHO ARE ELECTED BY THE MEMBERS OF THE ASSOCIATION |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 1 | THE PURPOSE OF THE ASSOCIATION IS TO PRESERVE AND PROTECT NEWTON LAKE AND ITS SURROUNDINGS. THE ASSOCIATIONS GOAL IS TO ENHANCE THE WATER QUALITY, FISHERY, BOATING SAFELY AND THE AESTETIC VALUES OF NEWTON LAKE. |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SpecialEventsNetIncomeLossAmt | 0 | 6398 |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 60606 |
| IRS990EZ/TotalRevenueAmt | 0 | 51323 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TypeOfOrganizationAssocInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | EXPENSES DONATIONS 1,100 OFFICE EXPENSE 359 INSURANCE 11,419 NON-INVESTMENT DEPRECIATION 13,500 TOTAL 26,378 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | MARKET VALUE ADJ INVESTMENTS -12,494 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | NEW OUTLET DRAIN PIPE 0 13,500 LESS ACCUMULATED DEPRECIATION 0 13,500 TOTAL 0 0 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | THE PURPOSE OF THE ASSOCIATION IS TO PRESERVE AND PROTECT NEWTON LAKE AND ITS SURROUNDINGS. THE ASSOCIATION'S GOAL IS TO ENHANCE THE WATER QUALITY, FISHERY, BOATING SAFELY AND THE AESTETIC VALUES OF NEWTON LAKE. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | THE ASSOCIATION IS MADE UP MEMBERS/PROPERTY OWNERS OF NEWTON LAKE WHO PAY ANNUAL MEMBERSHIP DUES. THE BUSINESS AND AFFAIRS OF THE ASSOCIAITON IS MANAGED BY THE BOARD OF DIRECTORS, WHO ARE ELECTED BY THE MEMBERS OF THE ASSOCIATION |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | THE PURPOSE OF THE ASSOCIATION IS TO PRESERVE AND PROTECT NEWTON LAKE AND ITS SURROUNDINGS. THE ASSOCIATIONS GOAL IS TO ENHANCE THE WATER QUALITY, FISHERY, BOATING SAFELY AND THE AESTETIC VALUES OF NEWTON LAKE. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 20 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART III |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990-EZ, PART III, LINE 28 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990-EZ, PART III, LINE 31 |
| ReturnHeader/BuildTS | 0 | 2023-04-26 12:10:37Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | THOMAS J MALINCHAK JR |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | TREASURER |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2023-09-08 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | NEWTON LAKE ASSOCIATION |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | NEWT |
| ReturnHeader/Filer/EIN | 0 | 231736249 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | PO BOX 701 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | CARBONDALE |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | PA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 18407 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | true |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 472723222 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | BRIAN T KELLY CPA & ASSOC LLC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 32 N SCOTT ST |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | CARBONDALE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | PA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 18407 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 5702822800 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2023-09-08 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | BRIAN T KELLY CPA |
| ReturnHeader/PreparerPersonGrp/SelfEmployedInd | 0 | X |
| ReturnHeader/ReturnTs | 0 | 2023-09-08T12:29:39-04:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | THOMAS J |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | MALINCHAK JR |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2022-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2022-12-31 |
| ReturnHeader/TaxYr | 0 | 2022 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
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