Skaneateles Lake Association Inc

Organization Overview

Skaneateles Lake Association Inc is located in Skaneateles, NY. The organization was established in 1970. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2023, Skaneateles Lake Association Inc employed 27 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Skaneateles 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 12/2023, Skaneateles Lake Association Inc generated $487.5k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 12.9% each year . All expenses for the organization totaled $623.3k during the year ending 12/2023. While expenses have increased by 16.2% per year over the past 8 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

2023

Describe the Organization's Mission:

Part 3 - Line 1

OUR MISSION IS TO PROMOTE PROTECTION OF THE WATER QUALITY OF SKANEATELES LAKE AND ENVIRONMENTALLY SOUND REGIONAL MANAGEMENT OF ITS WATERSHED.

Describe the Organization's Program Activity:

Part 3 - Line 4a

CONDUCTED A LAKE-WIDE MILFOIL ERADICATION/MANAGEMENT PROGRAM, CONDUCTED A STEWARD PROGRAM AT VARIOUS LAKE LAUNCH SITES TO CHECK BOATS FOR INVASIVE SPECIES UPON ENTERING AND LEAVING THE LAKE, AND ENGAGED IN COMMUNITY-WIDE EDUCATION ON THE BEST MANAGEMENT PRACTICES FOR LAND USE IN ORDER TO CONTROL NUTRIENT LOADING INTO THE LAKE AND SOIL EROSION AROUND THE LAKE.


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Board, Officers & Key Employees

Name (title)Compensation
Paul F Torrisi MD
President
$0
Buzz Roberts MD
Vice President
$0
Richard D Hole ESQ
Treasurer
$0
Patricia Orr
Secretary
$0
David Allyn
Director
$0
William Dean PHD
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $78,250
All other contributions, gifts, grants, and similar amounts not included above$386,255
Noncash contributions included in lines 1a–1f $9,500
Total Revenue from Contributions, Gifts, Grants & Similar$464,505
Total Program Service Revenue$0
Investment income $22,980
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 $487,485

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