Lake Support And Emergency Recovery Inc
- Assets
- $293.4k
- Revenue
- $583.1k
- Investments
- $0.0
- Employees
- 4
- Location
- Montverde, FL
- Founding
- 08/2007
- Data as of
- 12/2023
- EIN
- 06-1807554
Organization Overview
Lake Support And Emergency Recovery Inc is located in Montverde, FL. The organization was established in 2007. According to its NTEE Classification (P60) the organization is classified as: Emergency Assistance, under the broad grouping of Human Services and related organizations. As of 12/2023, Lake Support And Emergency Recovery Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lake Support And Emergency Recovery Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Lake Support And Emergency Recovery Inc generated $583.1k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 30.7% each year . All expenses for the organization totaled $499.9k during the year ending 12/2023. While expenses have increased by 30.6% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THIS ORGANIZATION IS TO STRENGTHEN LAKE COUNTY'S RECOVERY FROM ANY DISASTER THROUGH A COORDINATED COMMUNITY-WIDE APPROACH WHICH PROVIDES FOR THE IMMEDIATE AND LONG-TERM UNMET NEEDS OF THEIR CITIZENS. WITH THE ASSISTANCE OF LOCAL, STATE, FEDERAL AND OTHER FUNDING THROUGH GRANTS AND DONATIONS, THE ORGANIZATION AND VOLUNTEERS RESPOND TO THE NEEDS OF THOSE DIRECTLY AFFECTED BY TORNADOES, HURRICANES AND OTHER DISASTERS, AND TO ASSIST IN REPAIR AND RECOVERY. THIS ALSO INCLUDES PARTNERING WITH THE FLORIDA DIVISION OF EMERGENCY MANAGEMENT AND VOLUNTEER FLORIDA IN PROMOTING AND PROVISION OF ITS HURRICANE LOSS MITIGATION PROGRAM (HLMP), SHELTERING IN HOME FOR RECOVERY (SHRC) AND OTHER PROGRAMS. THE ORGANIZATION IS ALSO AVAILABLE WHEN NEEDED FOR PARTNERING WITH OTHER ORGANIZATIONS TO MEET THE NEEDS OF THOSE IN THE LOCAL AND NEIGHBORING COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SINCE 2016 THE ORGANIZATION HAS RECEIVED GRANTS AND ASSISTED WITH LOCAL ADMINISTRATION OF THE FLORIDA DIVISION OF EMERGENCY MANAGEMENT'S (FDEM) RESIDENTIAL CONSTRUCTION MITIGATION PROGRAM (RCMP)AND ITS HURRICANE LOSS MITIGATION PROGRAM (HLMP). THESE PROGRAMS MAKE FUNDING AVAILABLE FOR RETROFITTING OF RESIDENTIAL, COMMERCIAL AND MOBILE HOME PROPERTIES TO MAKE THEM MORE HURRICANE RESISTANT, AND ALLOWS PROPERTY OWNERS TO POSSIBLY RECEIVE ASSISTANCE WITH WIND MITIGATION, A NEW ROOF, GABLE END BRACING, SHUTTERS, HURRICANE RESISTANT WINDOWS AND DOORS AND MORE. (NOTE: THE RCMP IS NO LONGER IN EFFECT AND CURRENTLY FALLS UNDER THE HLMP.) IN MORE RECENT YEARS OTHER PROGRAMS HAVE BEEN MADE AVAILABLE BY THE FDEM IN PARTNERSHIP WITH VOLUNTEER FLORIDA AND LASER HAS RECEIVED ADDITIONAL GRANTS AND ASSISTED WITH LOCAL ADMINISTRATION OF THESE PROGRAMS AS WELL, INCLUDING SHELTERING IN HOME FOR RECOVERY (SHRC) AND OTHERS. THE ORGANIZATION ALSO SEEKS AND OBTAINS ASSISTANCE AND GRANTS FROM OTHER GOVERNMENTAL AND NONGOVERMENTAL AGENCIES, ORGANIZATIONS AND/OR INDIVIDUALS AND PROVIDES ASSISTANCE TO HOMEOWNERS AND RESIDENTS WHEN HELP IS NEEDED AFTER HURRICANES AND OTHER DISASTERS. A SIGNIFICANT AMOUNT OF ACTIVITY IN 2023 WAS RELATED TO HURRICANE IAN.
THE ORGANIZATION PARTNERS WITH LOCAL EMERGENCY RESPONSE AGENCIES WHEN OPPORTUNITIES ARISE AND REMAINS PREPARED AND AVAILABLE SHOULD ANY EVENTS TAKE PLACE THAT WOULD REQUIRE EMERGENCY RESPONSE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brandi Martin Executive Di | OfficerTrustee | 40 | $70,299 |
Katrina Dempsey Director | Trustee | 5 | $0 |
Michael Ellis Director | Trustee | 5 | $0 |
Michael Tart Director | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $561,930 |
| All other contributions, gifts, grants, and similar amounts not included above | $45,013 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $606,943 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $583,120 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $70,299 |
| Compensation of current officers, directors, key employees. | $35,150 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,872 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $5,549 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,000 |
| Fees for services: Accounting | $3,750 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $6,362 |
| Advertising and promotion | $0 |
| Office expenses | $9,664 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $558 |
| Insurance | $743 |
| All other expenses | $80,213 |
| Total functional expenses | $499,850 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $293,381 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $293,381 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $45,000 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $282 |
| Total liabilities | $45,282 |
| Net assets without donor restrictions | $25,874 |
| Net assets with donor restrictions | $222,225 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $293,381 |