Keuka Lake Association Inc
- Assets
- $315.7k
- Revenue
- $196.2k
- Investments
- $0.0
- Employees
- 4
- Location
- Penn Yan, NY
- Founding
- 04/2003
- Data as of
- 12/2021
- EIN
- 22-2599218
Organization Overview
Keuka Lake Association Inc is located in Penn Yan, NY. The organization was established in 2003. According to its NTEE Classification (C27) the organization is classified as: Recycling, under the broad grouping of Environment and related organizations. As of 12/2021, Keuka Lake Association Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Keuka Lake Association 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 12/2021, Keuka Lake Association Inc generated $196.2k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.3% each year . All expenses for the organization totaled $171.6k during the year ending 12/2021. While expenses have increased by 10.4% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
LAKE AND WATERSHED MANAGEMENT
Describe the Organization's Program Activity:
Part 3 - Line 4a
DEVELOP AND MAINTAIN A COMPREHENSIVE APPROACH TO LAKE MANAGEMENT IN THE BASIC AREAS OF WATER QUALITY AND AQUATIC VEGETATION CONTROL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ray Dell President | OfficerTrustee | 1 | $0 |
Diane Edwards Treasurer | OfficerTrustee | 1 | $0 |
Ira Goldman Secretary | OfficerTrustee | 1 | $0 |
Maria Hudson Vice President | OfficerTrustee | 1 | $0 |
Dennis Carlson Ex-President | Trustee | 1 | $0 |
Mike Gow Director | Trustee | 1 | $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 | $59,298 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $59,298 |
| Total Program Service Revenue | $114,538 |
| Investment income | $885 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $5,034 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $196,151 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $4,897 |
| Grants and other assistance to domestic individuals. | $769 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $54,878 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $5,206 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,049 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $19,327 |
| Advertising and promotion | $280 |
| Office expenses | $3,621 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $6,820 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,642 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $5,048 |
| All other expenses | $8,936 |
| Total functional expenses | $171,562 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,811 |
| Savings and temporary cash investments | $305,846 |
| 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 | $315,657 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $296,338 |
| Net assets with donor restrictions | $19,319 |
| 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 | $315,657 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Keuka Lake Association Inc has recieved totaling $2,034.
| Awarding Organization | Amount |
|---|---|
Meade Foundation Inc Hammondsport, NY PURPOSE: OPERATIONS | $1,000 |
Mercury Aircraft Foundation Hammondsport, NY PURPOSE: OPERATIONS | $1,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $34 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Furniture Trust Organization Inc Arlington, MA | $739,128 | $7,076,929 |
1 For The Planet Inc Burlington, VT | $13,842,882 | $4,568,518 |
Finger Lakes Reuse Inc Ithaca, NY | $1,994,394 | $3,045,475 |
Construction Junction Inc Pittsburgh, PA | $1,719,199 | $2,305,790 |
Sustainable Electronics Recycling International Elizabethtown, PA | $4,103,614 | $2,041,594 |
Fabscrap Inc Brooklyn, NY | $633,771 | $1,218,585 |
Bronx River Alliance Inc Bronx, NY | $1,741,591 | $1,231,886 |
Sure We Can Inc Brooklyn, NY | $493,950 | $1,303,285 |
Stark Mountain Foundation Inc Waitsfield, VT | $715,466 | $539,834 |
Friends Of The Upper Delaware River Hancock, NY | $990,040 | $867,642 |
National Onsite Wastewater Recycling Association Inc Westford, MA | $441,973 | $798,443 |
Northeast Recycling Council Brattleboro, VT | $1,206,462 | $754,846 |