Green Lake Property Owners Association
- Assets
- $145.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Spicer, MN
- Founding
- 10/2006
- Data as of
- 05/2022
- EIN
- 20-4069373
Organization Overview
Green Lake Property Owners Association is located in Spicer, MN. The organization was established in 2006. According to its NTEE Classification (C32) the organization is classified as: Water Resources, Wetlands Conservation & Management, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Green Lake Property Owners Association 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 05/2022, Green Lake Property Owners Association generated $51.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (6.0%) each year. All expenses for the organization totaled $26.8k during the year ending 05/2022. As we would expect to see with falling revenues, expenses have declined by (9.8%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Scott Carlson President | 1 | $0 | |
Dean Erickson Director | 1 | $0 | |
Megan Nelson Secretary | 1 | $0 | |
Doug Bultman Director | 1 | $0 | |
Chris Duininck Treasurer | 1 | $0 | |
Mike Hodapp Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $610 |
| Total Program Service Revenue | $51,100 |
| Membership dues | $0 |
| Investment income | $163 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $51,873 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $4,200 |
| Professional fees and other payments to independent contractors | $1,228 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $2,821 |
| Other expenses | $18,535 |
| Total expenses | $26,784 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $145,939 |
| Other assets | $0 |
| Total assets | $145,939 |
| Total liabilities | $0 |
| Net assets or fund balances | $145,939 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Trout Unlimited Chanhassen, MN | $885,128 | $2,532,595 |
Lakeshore Farm Management Coop Valders, WI | $1,770,762 | $1,460,336 |
International Water Institute Fargo, ND | $1,362,645 | $1,044,274 |
Fox Lake Conservation League Inc Sherburn, MN | $973,588 | $1,363,279 |
Wild Rivers Conservancy Of The St Croix & Namekagon Osceola, WI | $495,125 | $1,215,590 |
Mississippi Park Connection Saint Paul, MN | $3,749,419 | $985,197 |
Clean Lakes Alliance Inc Madison, WI | $705,548 | $888,055 |
Friends Of The Falls Minneapolis, MN | $6,450,506 | $2,666,964 |
Geneva Lake Conservancy Inc Fontana, WI | $3,243,177 | $1,183,074 |
Nahant Marsh Education Center Davenport, IA | $2,990,592 | $1,370,122 |
Northern Waters Land Trust Walker, MN | $1,079,991 | $814,843 |
Red River Basin Commission Fargo, ND | $574,607 | $550,424 |