Lake Bluff Open Lands Association
- Assets
- $1.2m
- Revenue
- $160.5k
- Investments
- $0.0
- Employees
- 4
- Location
- Lake Bluff, IL
- Founding
- 04/1981
- Data as of
- 12/2022
- EIN
- 36-3111442
Organization Overview
Lake Bluff Open Lands Association, operating under the name Lbola, is located in Lake Bluff, IL. The organization was established in 1981. According to its NTEE Classification (C34) the organization is classified as: Land Resources Conservation, under the broad grouping of Environment and related organizations. As of 12/2022, Lbola employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lbola 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 12/2022, Lbola generated $160.5k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 15.1% each year . All expenses for the organization totaled $82.0k during the year ending 12/2022. While expenses have increased by 2.8% per year over the past 5 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE LBOLA IS DEDICATED TO THE PRESERVATION AND RESTORATION OF OPEN SPACES AND NATURAL AREAS IN AND AROUND THE VILLAGE OF LAKE BLUFF, ILLINOIS. WE WORK ON VILLAGE, PARK DISTRICT AND OUR OWN PROPERTIES AND ON CONSERVATION EASEMENTS AROUND LAKE BLUFF.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LBOLA USES ADULT VOLUNTEERS AND PAID INTERNS, PRIMARILY IN THE SUMMER, TO PRESERVE, PROTECT AND RESTORE THE OPEN SPACES AND NATURAL AREAS IN AND AROUND LAKE BLUFF, IL. WORKERS USE CHAIN SAWS, BRUSH SAWS AND LOPPERS TO CLEAR AWAY INVASIVE PLANTS, USE HERBICIDES TO CONTROL RE-SPROUTS AND USE CONTROLLED BURNING TECHNIQUES TO REVITALIZE THE NATURAL SEED BED. THE LARGEST PORTION OF THE EXPENSES IS FOR THE WAGES, PAYROLL TAXES, WORKERS COMPENSATION AND OTHER INSURANCE COSTS TO PROTECT THE HIGH SCHOOL AND COLLEGE AGE INTERNS AND HIGH SCHOOL STUDENT VOLUNTEERS THAT ASSIST DURING THE SCHOOL YEAR. ADDITIONAL COSTS INCLUDE RESTORATION AND MAINTENANCE EQUIPMENT, EQUIPMENT MAINTENANCE COSTS, PURCHASES OF PLANTS AND SEEDS AND THE PRINTING AND POSTAGE COSTS OF NEWSLETTER MAILINGS TO OUR MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michele Mrachek Director, Volunteer & Natural Areas Coordinator | OfficerTrustee | 20 | $24,964 |
Jolana I Fedewa Summer Intern | 10 | $6,575 | |
Danielle A Verlen Summer Intern | 3 | $1,814 | |
Megan F Hanson Summer Intern | 2 | $1,797 | |
Ben Miller President | OfficerTrustee | 5 | $0 |
Susan Raymoure Vice President | OfficerTrustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $142,385 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,482 |
| Noncash contributions included in lines 1a–1f | $3,710 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $143,867 |
| Total Program Service Revenue | $0 |
| Investment income | $59 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $17,130 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$507 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $160,549 |
| 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. | $24,964 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $10,428 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $11,873 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,750 |
| Advertising and promotion | $689 |
| Office expenses | $1,231 |
| Information technology | $2,039 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $79 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,212 |
| All other expenses | $0 |
| Total functional expenses | $82,045 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $219,497 |
| Savings and temporary cash investments | $23,795 |
| 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 | $940,590 |
| Investments—publicly traded securities | $34,031 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,217,913 |
| 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 | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $1,217,913 |
| Total liabilities and net assets/fund balances | $1,217,913 |