Great Lakes Asset Corporation Inc
- Assets
- $26.2k
- Revenue
- $144.8k
- Investments
- $0.0
- Employees
- 3
- Location
- Green Bay, WI
- Founding
- Data as of
- 09/2018
- EIN
- 39-1454465
Organization Overview
Great Lakes Asset Corporation Inc is located in Green Bay, WI. As of 09/2018, Great Lakes Asset Corporation Inc employed 3 individuals. Great Lakes Asset Corporation Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 09/2018, Great Lakes Asset Corporation Inc generated $144.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (28.3%) each year. All expenses for the organization totaled $472.2k during the year ending 09/2018. 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
2018
Describe the Organization's Mission:
Part 3 - Line 1
FURTHERING THE ECONOMIC DEVELOPMENT OF ITS COMMUNITY AND ENVIRONS, AND ASSIST THE GROWTH AND DEVELOPMENT OF SMALL BUSINESSES IN THE AREA COVERED BY ITS OPERATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AIDED SMALL BUSINESSES IN OBTAINING LOANS. REFERRAL SOURCE FOR ALL STATE, FEDERAL AND PRIVATE LOAN PROGRAMS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cynthia Esterling Secretary/ex | OfficerTrustee | 40 | $112,562 |
Craig Aderhold President | OfficerTrustee | 2 | $0 |
Karen Monfre Treasurer | OfficerTrustee | 2 | $0 |
Travis Leroy Director | Trustee | 1 | $0 |
Dave Dewick Director | Trustee | 1 | $0 |
Susan Porath Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $121,651 |
| Investment income | $15,189 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $144,834 |
| 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. | $112,562 |
| Compensation of current officers, directors, key employees. | $22,512 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $132,138 |
| Pension plan accruals and contributions | $70,448 |
| Other employee benefits | $12,052 |
| Payroll taxes | $16,928 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $11,756 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $1,950 |
| Fees for services: Other | $1,890 |
| Advertising and promotion | $25,196 |
| Office expenses | $4,830 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $21,792 |
| Travel | $609 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,158 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,748 |
| Insurance | $35,865 |
| All other expenses | $0 |
| Total functional expenses | $472,170 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,857 |
| Savings and temporary cash investments | $0 |
| 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 | $18,379 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $26,236 |
| Accounts payable and accrued expenses | $137,877 |
| 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 | $137,877 |
| Unrestricted restricted net Assets | -$111,641 |
| Temporarily restricted net Assets | $0 |
| Permanently restricted net Assets or current funds | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total net assets or fund balances | -$111,641 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Divine Savior Healthcare Inc Portage, WI | $146,404,206 | $99,548,163 |
Jackson Park Hospital Foundation Chicago, IL | $132,629,667 | $107,987,360 |
Avera St Marys Pierre, SD | $117,040,382 | $106,933,224 |
St Margarets Health Spring Valley Spring Valley, IL | $107,727,640 | $91,881,221 |
Procter & Gamble Benefit Plan Trust Cincinnati, OH | $69,184,153 | $97,679,425 |
United Church Homes Inc Marion, OH | $230,951,491 | $117,776,158 |
Providence Health Alliance Inc St Louis, MO | $27,745,143 | $62,779,739 |
University Pediatric Associates Inc Indianapolis, IN | $25,897,136 | $100,827,780 |
Alexian Brothers Ambulatory Group St Louis, MO | $321,335,814 | $68,677,417 |
Samaritas Detroit, MI | $92,322,257 | $101,009,415 |
Columbia College Columbia, MO | $267,475,036 | $84,570,180 |
University Of Dubuque Dubuque, IA | $403,203,443 | $110,402,473 |