Small Public Charity

Lake Somerset Civic Association Inc

Lake Somerset Civic Association Inc is a nonprofit organization categorized as Small Public Charity based in Marietta, GA. Its most recent IRS filing (2025) reports revenue of $85K, expenses of $72K, total assets of $98K.

EIN: 581363312 Marietta, GA Homeowners & Tenants Associations NTEE: L50 Latest filing: 2025
Total Revenue$85K
Total Expenses$72K
Total Assets$98K
Grant Records0
Filing Years2021–2025

Mission

Lake Somerset Civic Association maintains the common area facilities of the Association and oversees the operation of the recreational facilities for approximately 116 members The Association is non-mandatory so the number of members can fluctuate

Officers & Directors

Secretary Becky Nix
President Julia Broughton
Treasurer Lisa Beck
Director Scott Giles
Director Suzie Crowe
Director Tom Lloyd

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2025 $85K $72K $98K
2024 $72K $74K $73K
2023 $69K $78K $83K
2022 $50K $43K $92K
2021 $61K $54K $75K

Between 2021 and 2025, reported annual revenue grew from $61K to $85K (+40%), with total assets most recently reported at $98K.

Interactive year-over-year charts and full filing details available with membership.

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