Lake Area Proffessional Women is located in Alexandria, MN. The organization was established in 2011. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lake Area Proffessional Women is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 06/2021, Lake Area Proffessional Women generated $22.2k in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 6.0% each year. All expenses for the organization totaled $21.9k during the year ending 06/2021. 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
2021
Describe the Organization's Program Activity:
Part 3
TO RAISE MONEY FOR SCHOLARSHIPS FOR THE STUDENTS IN THE LOCAL COMMUNITY AND RAISE FUNDS TO PUT BACK INTO THE COMMUNITY VIA OTHER NONPROFITS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Dani Peterson Vice President | 1 | $0 | |
Marie Shores President | 1 | $0 | |
Deb Hull Secretary | 1 | $0 | |
Peggy Angell Treasurer | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $7,469 |
Total Program Service Revenue | $3,545 |
Membership dues | $5,098 |
Investment income | $72 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $6,045 |
Other Revenue | $0 |
Total Revenue | $22,229 |
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 | $0 |
Printing, publications, postage, and shipping | $2,244 |
Other expenses | $5,506 |
Total expenses | $21,875 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $65,296 |
Other assets | $0 |
Total assets | $65,296 |
Total liabilities | $0 |
Net assets or fund balances | $65,296 |
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