Indian Lake Community Club Inc

EIN: 221008946

Denville, NJ

Total Revenue
$730,617
Total Expenses
$706,110
Total Assets
$662,092
Net Assets
$662,092
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1924
Legal Domicile
NJ
Principal Officer
Gini Varga Halkenhauser
Phone
9734937080
Tax Period
2024-10-01 to 2025-09-30

Indian Lake Community Club Inc, founded in 1924, is a small nonprofit that reported $731K in total revenue in fiscal year 2024. Revenue decreased 9% compared to the prior year. Expenses of $706K left a modest 3% surplus.

Mission

Local lake community with membership funding.

Program Service Accomplishments

Program 1
Expenses: $116,684 Revenue: $106,205

Social activities for local lake community with membership funding.Among the offerings for members, we have swimming lessons, sports teams, boating, bathing and various sub clubs organized mostly by...

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Social activities for local lake community with membership funding.Among the offerings for members, we have swimming lessons, sports teams, boating, bathing and various sub clubs organized mostly by age groups. Events and various club functions are run by sub clubs throughout the year.

Program 2
Expenses: $59,619 Revenue: $79,557

Clubhouse rental & entertainment for local lake community.The clubhouse is rented to members and their families and friends for private use only. The clubhouse and beaches provide members with every...

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Clubhouse rental & entertainment for local lake community.The clubhouse is rented to members and their families and friends for private use only. The clubhouse and beaches provide members with every opportunity to meet and socialize.

Program 3
Expenses: $24,242 Revenue: $7,850

Advertising and printing of the club member's activities including information, notice of meetings, sub club activities and membership information. Ten monthly publications are printed and...

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Advertising and printing of the club member's activities including information, notice of meetings, sub club activities and membership information. Ten monthly publications are printed and distributed by mail to all households living within the boundaries as described in the By-Laws of the organization.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $522,517
Program Service Revenue $200,439
Investment Income $7,661
Other Revenue $0
TOTAL REVENUE $730,617

Expense Breakdown

Grants Paid $0
Salaries & Benefits $121,868
Fundraising Expenses $0
Program Expenses $200,545
Other Expenses $584,242
TOTAL EXPENSES $706,110

Year-over-Year Comparison

2024 2023 Change
Revenue $730,617 $803,369 -0.1%
Expenses $706,110 $743,844 -0.1%
Net Income $24,507 $59,525 -0.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
20
Independent Members
20
Employees
45
Volunteers
105

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Gini Varga Halkenhauser Treasurer 10.00
Officer
$0 $0 $0
Scott Dixon President 2.00
Officer
$0 $0 $0
Janel Zuffi Secretary 2.00
Officer
$0 $0 $0
Beth Tecchio Vice President 1.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $730,617 $706,110 $662,092 $24,507
2024 $803,369 $743,844 $687,585 $59,525
2023 $715,493 $600,154 $578,060 $115,339
2022 $621,869 $627,923 $462,721 $-6,054
2021 $600,583 $497,161 $468,775 $103,422
2020 $428,830 $388,301 $435,916 $40,529
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