Spread Eagle Chain Of Lakes Inc
- Assets
- $145.8k
- Revenue
- $56.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Florence, WI
- Founding
- 09/2003
- Data as of
- 06/2022
- EIN
- 39-1526599
Organization Overview
Spread Eagle Chain Of Lakes Inc is located in Florence, WI. The organization was established in 2003. 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. Spread Eagle Chain Of Lakes Inc 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 06/2022, Spread Eagle Chain Of Lakes Inc generated $56.4k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (0.3%) each year. All expenses for the organization totaled $42.1k during the year ending 06/2022. 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
TO EDUCATE THE GENERAL PUBLIC AND PROPERTY OWNERS ON THE PRESERVATION OF WATER QUALITY, NEED FOR WATER SAFETY AND PROPERTY IMPROVEMENT ON THE LAKES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WE MAINTAINED AN ISLAND ON OUR CHAIN OF LAKES (BASS ISLAND) FOR RESIDENTS OF THE LAKES AREA AND THE GENERAL PUBLIC WHICH INCLUDED KEEPING THE ISLAND CLEAN,PLACING MEMORIAL PLAQUES FOR DONORS, DISPLAYING SIGNS EXPLAINING THE HISTORICAL SIGNIFICANCE OF THE ISLAND. THE ISLAND IS A REST STOP FOR BOATERS, KAYAKERS AND PEOPLE FISHING, AND SWIMMING. IT ALSO OFFERS THE PUBLIC A PLACE TO PICNIC. WE ALSO USE THE ISLAND FOR OUR FIREWORKS DISPLAY.
WE PLANTED FLOWERS TO BEAUTIFY ROADS AND CROSSROADS AROUND THE LAKES. WE ALSO PROVIDE SEMINARS ON GARDENING.
WITH A GRANT FROM THE WI DEPARTMENT OF NATURAL RESOURCES WE HAVE BEEN ANALYZING THE NORTH LAKE WATER FOR INVASIVE SPECIES. WE ALSO RUN A CLEAN BOATS CLEAN WATER PROGRAM IN PARTNERSHIP WITH FLORENCE COUNTY TO PAY PEOPLE TO INSPECT BOATS AND WASH THEM BEFORE THE BOAT ENTERS OUR WATER IN ORDER TO PREVENT INVASIVE SPECIES FROM SPREADING. WE WILL ALSO BE MONITORING MIDDLE LAKE FOR INVASIVE SPECIES WHICH WAS DETECTED THIS YEAR. WE APPLY FOR GRANTS TO HELP US IN THIS EFFORT TO COMBACT INVASIVE SPECIES AND WE PAY A FIRM WHICH SPECIALIZES IN ANALYZING INVASIVE SPECIES PROBLEMS.
WE PROVIDED FIREWORKS ON THE FOURTH OF JULY WHICH IS ATTENDED BY PEOPLE FROM OUR LAKES AND SEVERAL SURROUNDING COUNTIES. WE ALSO PROVIDED MONEY FOR PRIZES FOR THE MOST DECORATED BOATS ON THE FOURTH OF JULY. BOTH THE FIREWORKS AND THE THE BOAT PARADE ARE OPEN TO THE GENERAL PUBLIC. WE PROVIDED A NEWSLETTER FOR LAKE RESIDENTS TELLING THEM OF UPCOMING EVENTS AND EDUCATING THEM ON CONCERNS REGARDING THE LAKES SUCH AS WATER QUALITY AND INSECT INFESTATIONS. WE ALSO HELD A BOAT INSPECTION FOR INVASIVE SPECIES AND PROVIDED IDENTIFYING APRONS FOR VOLUNTEERS WHO INSPECTED BOATS. WE HAVE AN ANNUAL MEETING FOR ALL MEMBERS TO VOICE OPINIONS ON LAKE ISSUES. WE PAID FOR SEMINAR ATTENDANCE FOR MEMBERS TO LEARN MORE REGARDING INVASIVE SPECIES IN THE LAKES. WE PAID DUES TO THE WISCONSIN ASSOCIATION OF LAKES TO PARTICIPATE IN WORKSHOPS AND SEMINARS ON WATER QUALITY AND INVASIVE SPECIES. IN ADDITION WE PRINT A NEWSLETTERS WHICH IS DISTRIBUTED TO ALL MEMBERS OF THE ORGANIZATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dana Colenso Treasurer | Officer | $0 | |
Deb Cini Vice Preside | Officer | $0 | |
Cindy Weber Secretary | Officer | $0 | |
Gary Weber Past Preside | Officer | $0 | |
Scott Reynolds President | Officer | $0 | |
Glen Johnson Director | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $11,105 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,020 |
| All other contributions, gifts, grants, and similar amounts not included above | $43,246 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $56,371 |
| Total Program Service Revenue | $0 |
| Investment income | $18 |
| 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 | $56,389 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| 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 | $0 |
| Advertising and promotion | $0 |
| Office expenses | $1,489 |
| Information technology | $0 |
| 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 | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,627 |
| All other expenses | $7,692 |
| Total functional expenses | $42,116 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $103,450 |
| Savings and temporary cash investments | $42,352 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $145,802 |
| 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 | $140,660 |
| Net assets with donor restrictions | $5,142 |
| 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 | $145,802 |
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