STEILACOOM LAKE IMPROVEMENT CLUB INC

EIN: 916055024

LAKEWOOD, WA

Total Revenue
$520,565
Total Expenses
$346,595
Total Assets
$712,861
Net Assets
$712,861
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1959
Legal Domicile
WA
Principal Officer
ED BROOKS
Phone
2532274662
Tax Period
2025-01-01 to 2025-12-31

STEILACOOM LAKE IMPROVEMENT CLUB INC, founded in 1959, is a small nonprofit that reported $521K in total revenue in fiscal year 2025. Revenue surged 33% from the prior year, signaling strong growth momentum. The organization ran a surplus of $174K, a strong 33% operating margin.

Mission

TO MAINTAIN WATER QUALITY OF STEILACOOM LAKE FOR RECREATIONAL AND AESTHETIC PURPOSES BY APPLICATION OF CHEMICALS AND PERIODIC TESTING TO MONITOR LAKE QUALITY

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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 (2025)

Revenue Breakdown

Contributions & Grants $504,101
Program Service Revenue $0
Investment Income $16,464
Other Revenue $0
TOTAL REVENUE $520,565

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $334,651
Other Expenses $346,595
TOTAL EXPENSES $346,595

Year-over-Year Comparison

2025 2024 Change
Revenue $520,565 $390,161 +0.3%
Expenses $346,595 $440,101 -0.2%
Net Income $173,970 $-49,940 -4.5%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
15
Independent Members
15
Employees
N/A
Volunteers
15

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
3
$0
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PAUL NOGES TRUSTEE 0.50
Director
$0 $0 $0
BRUCE BODINE TRUSTEE 0.50
Director
$0 $0 $0
BRAD BOEDER TRUSTEE 0.50
Director
$0 $0 $0
BARLOW BUESCHER TRUSTEE 0.50
Director
$0 $0 $0
ALEX LEGLER TRUSTEE 0.50
Director
$0 $0 $0
RON IRWIN TRUSTEE 0.50
Director
$0 $0 $0
MORRIS NORTHCUTT TRUSTEE 0.50
Director
$0 $0 $0
GREG REDISKE SECRETARY 0.50
Officer Director
$0 $0 $0
CARRIE CRABBE TRUSTEE 0.50
Director
$0 $0 $0
BARBARA TYRHOLM-WATSON TRUSTEE 0.50
Director
$0 $0 $0
GREG HANSON TRUSTEE 0.50
Director
$0 $0 $0
JEN IMHOLT TRUSTEE 0.50
Director
$0 $0 $0
GARY BARTON TRUSTEE 0.00
Director
$0 $0 $0
ED BROOKS PRESIDENT 0.50
Officer
$0 $0 $0
MARY HORN TREASURER 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 $520,565 $346,595 $712,861 $173,970
2024 $390,161 $440,101 $538,891 $-49,940
2023 $369,719 $355,880 $588,831 $13,839
2022 $378,759 $261,200 $574,992 $117,559
2021 $382,480 $361,560 $457,433 $20,920
2020 $377,282 $332,898 $436,513 $44,384
2019 $553,498 $423,821 $392,129 $129,677
2018 $230,353 $286,130 $262,452 $-55,777
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