Dam Preservation Corporation

Organization Overview

Dam Preservation Corporation is located in Owatonna, MN. The organization was established in 2003. According to its NTEE Classification (W99) the organization is classified as: Public & Societal Benefit N.E.C., under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Dam Preservation Corporation 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 12/2021, Dam Preservation Corporation generated $500.0 in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 38.9% each year . All expenses for the organization totaled $140.0 during the year ending 12/2021. While expenses have increased by 0.5% per year over the past 7 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO PROMOTE AND SUPPORT THE RESTORATION, REPAIR, RENOVATION OR REPLACEMENT, AND MAINTENANCE OF THE MOREHOUSE PARK DAM IN OWATONNA, MINNESOTA.

Describe the Organization's Program Activity:

Part 3 - Line 4a

WORKING WITH LOCAL GOVERNMENT AND DNR TO MAINTAIN THE MOREHOUSE PARK DAM WHICH IS AN IMPORTANT COMMUNITY ASSET.


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Board, Officers & Key Employees

Name (title)Compensation
Chad Lange
Vice - Presi
$0
Dennis Von Ruden
President
$0
Sharon West
Secretary
$0
Donna Froman
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$500
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$500
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 $500

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