Otisco Lake Preservation Association
- Assets
- $113.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Marietta, NY
- Founding
- 07/2009
- Data as of
- 12/2023
- EIN
- 26-4486719
Organization Overview
Otisco Lake Preservation Association is located in Marietta, NY. The organization was established in 2009. 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. Otisco Lake Preservation 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 12/2023, Otisco Lake Preservation Association generated $45.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (10.4%) each year. All expenses for the organization totaled $40.4k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (7.4%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
EDUCATION AND AWARENESS OF WATERSHED PROTECTION AND MANAGEMENT OF OTISCO LAKE BY HARVESTING WEEDS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Timothy Creamer President | 8 | $0 | |
Jennifer Griffin Vice President | 3 | $0 | |
Kate Walsh Secretary | 3 | $0 | |
Jim Maloney Treasurer | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $45,814 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $45,814 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $1,600 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $37,630 |
| Total expenses | $40,430 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $98,811 |
| Other assets | $0 |
| Total assets | $113,211 |
| Total liabilities | $0 |
| Net assets or fund balances | $113,211 |