Portage Lake Association Inc
- Assets
- $90.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Onekama, MI
- Founding
- 09/1986
- Data as of
- 12/2022
- EIN
- 38-2524462
Organization Overview
Portage Lake Association Inc is located in Onekama, MI. The organization was established in 1986. 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. Portage Lake Association Inc 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 12/2022, Portage Lake Association Inc generated $56.7k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.1% each year. All expenses for the organization totaled $50.3k during the year ending 12/2022. While expenses have increased by 2.5% 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
BEAUTIFICATION OF MAIN STREET, INCLUDING FLOWERS, BANNERS, CHRISTMAS DECORATONS, CONCERTS AND FIREWORKS FOR THE RESIDENTS, AND COLLEGE SCHOLARSHIPS FOR THE LOCAL GRADUATING SENIORS. OUR ACTIVITIES IMPACT APPROXIMATELY 10,000 PEOPLE ANNUALLY
BEAUTIFICATION OF MAIN STREET, INCLUDING FLOWERS, BANNERS, CHRISTMAS DECORATONS, CONCERTS AND FIREWORKS FOR THE RESIDENTS, AND COLLEGE SCHOLARSHIPS FOR THE LOCAL GRADUATING SENIORS. OUR ACTIVITIES IMPACT APPROXIMATELY 10,000 PEOPLE ANNUALLY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Maylen Board Member | 0 | $0 | |
Debbie Major Board Member | 0 | $0 | |
Frank English Board Member | 0 | $0 | |
Nikki Torrey Board Member | 0 | $0 | |
Susan Halloran Board Member | 0 | $0 | |
Rosalind Jaffe President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $48,183 |
| Total Program Service Revenue | $0 |
| Membership dues | $7,945 |
| Investment income | $44 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $510 |
| Total Revenue | $56,682 |
| 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 | $4,160 |
| Occupancy, rent, utilities, and maintenance | $1,153 |
| Printing, publications, postage, and shipping | $6,685 |
| Other expenses | $38,284 |
| Total expenses | $50,282 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $90,637 |
| Other assets | $0 |
| Total assets | $90,637 |
| Total liabilities | $0 |
| Net assets or fund balances | $90,637 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
West Creek Conservancy Parma, OH | $2,888,241 | $8,563,674 |
Friends Of The Detroit River Taylor, MI | $2,929,234 | $4,961,842 |
Superior Watershed Partnership Marquette, MI | $4,349,166 | $4,309,607 |
Black Swamp Conservancy Perrysburg, OH | $12,036,158 | $4,862,475 |
Stream And Wetlands Foundation Lancaster, OH | $51,161,691 | $6,506,063 |
Huron River Watershed Council Ann Arbor, MI | $2,844,349 | $2,464,693 |
Grand Traverse Bay Watershed Initiative Inc Traverse City, MI | $737,164 | $2,236,720 |
Cleveland Water Alliance Cleveland, OH | $1,142,030 | $1,836,767 |
Tip Of The Mitt Watershed Council Petoskey, MI | $4,852,617 | $1,698,728 |
Ohio Federation Of Soil & Water Conservation Districts Reynoldsburg, OH | $1,289,755 | $1,701,450 |
Lakeshore Farm Management Coop Valders, WI | $1,770,762 | $1,460,336 |
Friends Of The Rouge Plymouth, MI | $1,533,965 | $1,254,215 |