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Nonprofit · EIN 22-2020616

LAKE REALITY

Tax-exempt · KINNELON, NJ 07405

Financials

$80K$127K2023$84K$86K2024$92K$91K2025
Revenue Expenses · by fiscal year end
Financials of LAKE REALITY by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-EZ$92,062$90,791$1,271$178,012$765$177,247
December 31, 2024990-EZ$83,805$86,139-$2,334$176,431$455$175,976
December 31, 2023990-EZ$79,963$127,445-$47,482$178,394$84$178,310
Financial details: 990-EZ for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$0
Membership dues
$81,255
Program service revenue
$0
Investment income
$6,209
Net income from fundraising events
$4,598

Expenses

Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$18,026
Professional fees and payments to contractors
$2,025
Occupancy
$21,954
Other expenses
$48,786

Balance sheet and other

Total assets, start of year
$176,431
Total assets, end of year
$178,012
Total liabilities, end of year
$765
Net assets, end of year
$177,247
Cash, savings and investments
$175,591
Land and buildings
$606
Gross receipts
$93,563

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-EZ for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
BEN SUPINSKIPRESIDENT4$0
ROBERT PHILIPSVICE PRESIDENT4$0
MARTA RZEKECTREASURER4$0
RACINE HINDELONGSECRETARY1$0
RENEE JOHNSONTRUSTEE1$0
MELISSA GAISERTRUSTEE1$0
PHIL CARRATELLOTRUSTEE1$0
LOU WAIVELTRUSTEE1$0
JOHN LINDSAYTRUSTEE1$0
990-EZ for the year ended December 31, 2024: 10 people
NameTitleHours / weekCompensation
BEN SUPINSKIPRESIDENT4$0
RICHARD NICKVICE PRESIDENT4$0
MARTA RZEKECTREASURER4$0
MONICA TRINIDADSECRETARY1$0
KAREN HOFFMANTRUSTEE1$0
RACINE HINDELONGTRUSTEE1$0
DAN VARNERTRUSTEE1$0
TRISH MARRATYTRUSTEE1$0
LOU WAIVELTRUSTEE1$0
ROBERT PHILLIPSTRUSTEE1$0
990-EZ for the year ended December 31, 2023: 9 people
NameTitleHours / weekCompensation
BEN SUPINSKIPRESIDENT4$0
RICHARD NICKVICE PRESIDENT4$0
MARTA RZEKECTREASURER4$0
MONICA TRINIDADSECRETARY1$0
KAREN HOFFMANTRUSTEE1$0
RACINE HINDELONGTRUSTEE1$0
DAN VARNERTRUSTEE1$0
TRISH MARRATYTRUSTEE1$0
LOU WAIVELTRUSTEE1$0

Address and contacts

Address (IRS master file)
2 KIEL AVE UNIT 284, KINNELON, NJ 07405-2572
In care of
% ROBERT T PHILLIPS
Signed the 990-EZ
BEN SUPINSKI, PRESIDENT
Phone
(201) 463-3532
Return prepared by
Mark J Bush CPA & Advisor LLC

Mission

Lake Reality is a Members Only private lake and beach club. Owned and operated by the LAKE REALITY HOMEOWNERS ASSOCIATION. The Association collects dues, pays expenses, maintains the property and lake and provides social events for the benefit of its Members.

990-EZ for the year ended December 31, 2025

Program accomplishments

  • Collect member dues, pay clubs expenses, maintain lake & beach,organize activities and events for the benefit of its Members.

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-EZ on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
22-2020616
Tax-exempt status
501(c)(7): Social or recreational club
Donations deductible
No
Exempt since
1983
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$178,012
Income (IRS master file)
$93,563

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2025$92,062$90,791$178,012XML
990-EZDecember 2024$83,805$86,139$176,431XML
990-EZDecember 2023$79,963$127,445$178,394XML
990-EZDecember 2022–––IRS
990-EZDecember 2021–––IRS
990-EZDecember 2020–––IRS
990-EZDecember 2019–––IRS
990-EZDecember 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 22-2020616).

Questions about LAKE REALITY

What is the EIN of LAKE REALITY?
The employer identification number (EIN) of LAKE REALITY is 22-2020616.
Is LAKE REALITY tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1983.
Are donations to LAKE REALITY tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does LAKE REALITY 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 LAKE REALITY due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did LAKE REALITY last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
Who are the officers and directors of LAKE REALITY?
The 990-EZ for the year ended December 31, 2025 lists 9 people; 0 received compensation from the organization.
How much revenue does LAKE REALITY have?
On its 990-EZ for the year ended December 31, 2025 it reported revenue of $92,062, expenses of $90,791 and total assets of $178,012 at year end.

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