TY 2023 Form 990EZ

(a) Name and title	(b) Average hours per week devoted to position	(c) Reportable compensation (Forms W-2/1099-MISC) (if not paid, enter -0-)	(d) Health benefits, contributions to employee benefit plans, and deferred compensation	(e) Estimated amount of other compensation
MATTHEW COHEN President	0	0
KARIN LLOYD Vice President	0	0
CHRISTINE COHEN Secretary	0	0
SUZANNE SOBEL Treasurer	0	0

(a) Name and title

(b) Average
hours per week
devoted to position

(c) Reportable compensation
(Forms W-2/1099-MISC) (if not paid, enter -0-)

(d) Health benefits, contributions to employee benefit plans, and
deferred compensation

(e) Estimated amount
of other compensation

MATTHEW COHEN

President

KARIN LLOYD

Vice President

CHRISTINE COHEN

Secretary

SUZANNE SOBEL

Treasurer

(a) Name and title of each employee

(b) Average
hours per week
devoted to position

(c) Reportable compensation
(Forms W-2/1099-MISC)

(d) Health benefits, contributions to employee benefit plans, and deferred compensation

(e) Estimated amount of other compensation

NONE

(a) Name and business address of each independent contractor

(b) Type of service

(c) Compensation

NONE

- TIN:

SCHEDULE O
(Form 990)

Department of the Treasury
Internal Revenue Service

Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or 990-EZ or to provide any additional information.
Attach to Form 990 or 990-EZ.
Go to www.irs.gov/Form990 for the latest information.

OMB No. 1545-0047

2023

Open to Public
Inspection

Name of the organization

LAKE TRANQUILITY COMMUNITY CLUB INC

Employer identification number

22-1720513

Return Reference	Explanation
Other Expenses.1001	Advertising and Promotion $3361
Other Expenses.1009	Depreciation $4273
Other Expenses.1012	Insurance $17082
Other Expenses.1	BLDG & GROUND MAINTENANCE $37971
Other Expenses.2	BEACH AND LAKE EXPENSES $22928
Other Expenses.3	PROPERTY TAXES $13226
Other Expenses.4	EVENT EXPENSES $10379
Other Expenses.5	SWIM TEAM EXPENSES $7171
Other Expenses.6	UTILITIES $5625
Other Expenses.7	MERCHANDISE EXPENSE $1935
Other Expenses.8	BOAT STICKERS $1252
Other Expenses.9	DATA PROCESSING $662
Other Expenses.11	BAR EXPENSE $620
Other Expenses.12	OFFICE/ADMIN EXPENSE $397
Other Expenses.13	LIFEGUARD EXPENSES $212
Other Expenses.14	LICENSES $139
Other Expenses.15	MISC $51
Other Assets.1002	Furniture and Fixtures - Beginning $3014 Furniture and Fixtures - Ending $13120
Other Assets.1003	Machinery and Equipment - Beginning $1228 Machinery and Equipment - Ending $1242
Total Liabilities.1	SALES TAX PAYABLE - Beginning $250 SALES TAX PAYABLE - Ending $651
Total Liabilities.2	- Beginning $0 - Ending $0
Total Liabilities.3	DONATIONS - Beginning $1462 DONATIONS - Ending $1462

For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.

Cat. No. 51056K

Schedule O (Form 990) 2023

Additional Data

Software ID:	23017517
Software Version:	2023v5.1

1	Contributions, gifts, grants, and similar amounts received ....................	1	113,281
2	Program service revenue including government fees and contracts ................	2	45,709
3	Membership dues and assessments .............................	3
4	Investment income ....................................	4	10
5a	Gross amount from sale of assets other than inventory .......	5a
b	Less: cost or other basis and sales expenses ............	5b	0
c	Gain or (loss) from sale of assets other than inventory (Subtract line 5b from line 5a) ......	5c
6	Gaming and fundraising events
a	Gross income from gaming (attach Schedule G if greater than $15,000)	6a
b	Gross income from fundraising events (not including $ of contributions from fundraising events reported on line 1) (attach Schedule G if the			sum of such gross income and contributions exceeds $15,000) ..	6b	0
c	Less: direct expenses from gaming and fundraising events ...	6c	0
d	Net income or (loss) from gaming and fundraising events (add lines 6a and 6b and subtract line 6c)	6d
7a	Gross sales of inventory, less returns and allowances ......	7a
b	Less: cost of goods sold .............	7b	0
c	Gross profit or (loss) from sales of inventory (Subtract line 7b from line 7a) .........	7c
8	Other revenue (describe in Schedule O) ....................	8
9	Total revenue. Add lines 1, 2, 3, 4, 5c, 6d, 7c, and 8 ..............	9	159,000

10	Grants and similar amounts paid (list in Schedule O) ................	10
11	Benefits paid to or for members ......................	11
12	Salaries, other compensation, and employee benefits ................	12	26,202
13	Professional fees and other payments to independent contractors ............	13	500
14	Occupancy, rent, utilities, and maintenance ...................	14
15	Printing, publications, postage, and shipping ...................	15	653
16	Other expenses (describe in Schedule O) ...................	16	127,284
17	Total expenses. Add lines 10 through 16 .................	17	154,639

18	Excess or (deficit) for the year (Subtract line 17 from line 9) ............	18	4,361
19	Net assets or fund balances at beginning of year (from line 27, column (A)) (must agree with
	end-of-year figure reported on prior year’s return) .................	19	77,036
20	Other changes in net assets or fund balances (explain in Schedule O) ...........	20
21	Net assets or fund balances at end of year. Combine lines 18 through 20 ..........	21	81,397

Part ⅢStatement of Program Service Accomplishments (see the instructions for Part III) Check if the organization used Schedule O to respond to any question in this Part III . .	Expenses (Required for section 501(c)(3) and 501(c)(4) organizations; optional for others.)
What is the organization's primary exempt purpose? To insure the present and future character and welfare of the development of land known as Lake Tranquility, within the Township of Green, Sussex County, NJ. To promote the welfare, pleasure, entertainment, socialbility, good fellowship, intellectual, and recreational interests of its members. To provide for the care and maintenance of all association properties. To pay the taxes and assessments on all club owned property. To be at all times not for financial profit.
Describe the organization’s program service accomplishments for each of its three largest program services, as measured by expenses. In a clear and concise manner, describe the services provided, the number of persons benefited, and other relevant information for each program title.
28 Provided pleasure, entertainment, socialbility, good fellowship, intellectual and recreational activities for its members. Maintained all club property and paid all necessary taxes and upkeep charges. (Grants $ ) If this amount includes foreign grants, check here ...		28a
29 (Grants $ ) If this amount includes foreign grants, check here ...		29a
30 (Grants $ ) If this amount includes foreign grants, check here ...		30a
31 Other program services (describe in Schedule O) ................ (Grants $ ) If this amount includes foreign grants, check here...	31a
32 Total program service expenses (add lines 28a through 31a)..........	32

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