Shafer & Freeman Lakes Environmental Conservation
- Assets
- $28.3m
- Revenue
- $644.9k
- Investments
- $0.0
- Employees
- 7
- Location
- Monticello, IN
- Founding
- 08/1992
- Data as of
- 12/2021
- EIN
- 35-1863827
Organization Overview
Shafer & Freeman Lakes Environmental Conservation is located in Monticello, IN. The organization was established in 1992. 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. As of 12/2021, Shafer & Freeman Lakes Environmental Conservation employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Shafer & Freeman Lakes Environmental Conservation 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, Shafer & Freeman Lakes Environmental Conservation generated $644.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.8% each year. All expenses for the organization totaled $444.9k during the year ending 12/2021. 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
TO PROMOTE THE WELFARE AND ENHANCEMENT OF THE SHAFER AND FREEMAN LAKES FOR THE PUBLIC BENEFIT
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION PROVIDES LAKE CLEANUP PROJECTS AND SILT REMOVAL ACTIVITIES WHICH BENEFIT THE GENERAL PUBLIC IN WHITE AND CARROLL COUNTIES. A BI- MONTHLY NEWSLETTER PROVIDES THE PUBLIC WITH REGULAR UPDATES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gabrielle Haygood Exec Directo | Officer | 40 | $71,806 |
Tracey Linder Treasurer | OfficerTrustee | 10 | $0 |
Marie Green Secretary | OfficerTrustee | 10 | $0 |
Mike Triplett President | OfficerTrustee | 10 | $0 |
Carrie Woodruff Vice Preside | OfficerTrustee | 10 | $0 |
Lee Anderson Board Member | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $139,994 |
| All other contributions, gifts, grants, and similar amounts not included above | $71,439 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $211,433 |
| Total Program Service Revenue | $395,293 |
| Investment income | $1,423 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $4,440 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $12,958 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $644,931 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $71,806 |
| Compensation of current officers, directors, key employees. | $35,903 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $187,146 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $24,223 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,334 |
| Fees for services: Accounting | $1,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $383 |
| Office expenses | $19,183 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $12,781 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $5,349 |
| Insurance | $60,892 |
| All other expenses | $4,028 |
| Total functional expenses | $444,856 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $53,540 |
| Savings and temporary cash investments | $905,921 |
| 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 | $27,288,686 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $10,281 |
| Total assets | $28,258,428 |
| 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 | $831 |
| Total liabilities | $831 |
| Net assets without donor restrictions | $28,207,319 |
| Net assets with donor restrictions | $50,278 |
| 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 | $28,258,428 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Shafer & Freeman Lakes Environmental Conservation has recieved totaling $25,000.
| Awarding Organization | Amount |
|---|---|
Nisource Charitable Foundation Columbus, OH PURPOSE: CORPORATE DONATION | $25,000 |
Endowment Analysis
| Beg. Balance | $8,672 |
| Earnings | $1,609 |
| Ending Balance | $10,281 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Association Of Illinois Soil & Water Conservation Districts Springfield, IL | $387,461 | $3,234,520 |
Bond Madison Water Company Pocahontas, IL | $13,786,763 | $2,866,600 |
Ozarks Environmental Services Kimberling City, MO | $1,364,072 | $2,517,937 |
Living Lands & Waters East Moline, IL | $3,683,421 | $2,325,294 |
The Wetlands Initiative Chicago, IL | $10,049,194 | $2,434,760 |
Friends Of The Lost River Inc Bowling Green, KY | $7,331,872 | $2,984,524 |
Lakeshore Farm Management Coop Valders, WI | $1,770,762 | $1,460,336 |
Alliance For Water Efficiency Nfp Chicago, IL | $510,612 | $1,181,528 |
Watershed Committee Of Ozarks Inc Springfield, MO | $3,357,505 | $2,342,450 |
Wild Rivers Conservancy Of The St Croix & Namekagon Osceola, WI | $495,125 | $1,215,590 |
Current Innovation Nfp Chicago, IL | $1,711,019 | $1,322,171 |
Clean Lakes Alliance Inc Madison, WI | $705,548 | $888,055 |