Nonprofit · EIN 22-1218740
RAINBOW LAKES COMMUNITY CLUB
Tax-exempt · DENVILLE, NJ 07834
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $157,194 | $174,769 | -$17,575 | $243,006 | $280 | $242,726 |
| December 31, 2023 | 990 | $173,360 | $150,168 | $23,192 | $260,608 | $307 | $260,301 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $134,509
- Membership dues
- $123,017
- Program service revenue
- $3,925
- Investment income
- $53
- Net rental income
- $6,950
- Net income from sales of inventory
- $11,757
- Other revenue
- $18,707
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Depreciation
- $2,884
- Program services (functional)
- $26,242
- Management and general (functional)
- $148,527
Balance sheet and other
- Total assets, start of year
- $260,608
- Total assets, end of year
- $243,006
- Total liabilities, end of year
- $280
- Net assets, end of year
- $242,726
- Land, buildings and equipment
- $95,819
- Gross receipts
- $166,380
- Employees
- 0
- Year formed
- 1974
- State of legal domicile
- NJ
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Charles Damian | President Trustee or director, Officer | 5 | $0 |
| Tom Tufaro | Vice President Trustee or director, Officer | 5 | $0 |
| Lois Palio | Treasurer Trustee or director, Officer | 5 | $0 |
| Phil Christofalo | Secretary Trustee or director, Officer | 5 | $0 |
| Kim Condurso | Trustee Trustee or director | 1 | $0 |
| Charles Engfer | Trustee Trustee or director | 1 | $0 |
| Carolyn Davies | Trustee Trustee or director | 1 | $0 |
| Dave Miller | Trustee Trustee or director | 1 | $0 |
| Matt LaRocca | Trustee Trustee or director | 1 | $0 |
| Lauren Hansch | Trustee Trustee or director | 1 | $0 |
| Michele DeMartino | Trustee Trustee or director | 1 | $0 |
| Mike Seredvick | Trustee Trustee or director | 1 | $0 |
| Bridgette Sakar | Trustee Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 14 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Charles Damian | President Trustee or director, Officer | 5 | $0 |
| Tom Tufaro | Vice President Trustee or director, Officer | 5 | $0 |
| Lois Palio | Treasurer Trustee or director, Officer | 5 | $0 |
| Phil Christofalo | Secretary Trustee or director, Officer | 5 | $0 |
| Kim Condurso | Trustee Trustee or director | 1 | $0 |
| Charles Engfer | Trustee Trustee or director | 1 | $0 |
| Carolyn Davies | Trustee Trustee or director | 1 | $0 |
| Dave Miller | Trustee Trustee or director | 1 | $0 |
| Matt LaRocca | Trustee Trustee or director | 1 | $0 |
| Lauren Hansch | Trustee Trustee or director | 1 | $0 |
| Michele DeMartino | Trustee Trustee or director | 1 | $0 |
| Mike Seredvick | Trustee Trustee or director | 1 | $0 |
| Bridgette Sakar | Trustee Trustee or director | 1 | $0 |
| Michael Tracy | Trustee Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 277, DENVILLE, NJ 07834-0277
- Principal officer (990 for 2024)
- Charles Damian, PO Box 277, Denville, NJ 07834
- Signed the 990
- Lois Palio, Treasurer
- Phone
- (973) 627-9633
- Website
- www.rainbowlakesnj.com
- Return prepared by
- Paul Hadnagy
Mission
Community Activity
Program accomplishments
- Lake ManagementExpenses $24,300
- AthleticsExpenses $1,942
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 22-1218740
- Tax-exempt status
- 501(c)(4): Social welfare organization
- Donations deductible
- No
- Exempt since
- 1942
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $243,006
- Income (IRS master file)
- $166,380
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $157,194 | $174,769 | $243,006 | IRS |
| 990 | December 2023 | $173,360 | $150,168 | $260,608 | XML |
| 990 | December 2022 | $154,133 | $146,194 | $237,497 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 22-1218740).
Questions about RAINBOW LAKES COMMUNITY CLUB
- What is the EIN of RAINBOW LAKES COMMUNITY CLUB?
- The employer identification number (EIN) of RAINBOW LAKES COMMUNITY CLUB is 22-1218740.
- Is RAINBOW LAKES COMMUNITY CLUB tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 1942.
- Are donations to RAINBOW LAKES COMMUNITY CLUB tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does RAINBOW LAKES COMMUNITY CLUB file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of RAINBOW LAKES COMMUNITY CLUB due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did RAINBOW LAKES COMMUNITY CLUB last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of RAINBOW LAKES COMMUNITY CLUB?
- The 990 for the year ended December 31, 2024 names Charles Damian.
- Who are the officers and directors of RAINBOW LAKES COMMUNITY CLUB?
- The 990 for the year ended December 31, 2024 lists 13 people; 0 received compensation from the organization.
- How much revenue does RAINBOW LAKES COMMUNITY CLUB have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $157,194, expenses of $174,769 and total assets of $243,006 at year end.
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