Coon Lake Community & Senior Center Inc
- Assets
- $431.7k
- Revenue
- $50.2k
- Investments
- $0.0
- Employees
- 6
- Location
- Wyoming, MN
- Founding
- 01/1980
- Data as of
- 03/2022
- EIN
- 41-1311668
Organization Overview
Coon Lake Community & Senior Center Inc is located in Wyoming, MN. The organization was established in 1980. According to its NTEE Classification (P81) the organization is classified as: Senior Centers, under the broad grouping of Human Services and related organizations. As of 03/2022, Coon Lake Community & Senior Center Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Coon Lake Community & Senior Center 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 03/2022, Coon Lake Community & Senior Center Inc generated $50.2k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.3%) each year. All expenses for the organization totaled $47.0k during the year ending 03/2022. As we would expect to see with falling revenues, expenses have declined by (3.3%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO MAINTAIN THE CENTER FOR THE ENJOYMENT OF THE COMMUNITY AND TO PROVIDE ACTIVITIES FOR YOUTH AND SENIORS ALIKE, AS WELL AS OTHER NON-PROFIT ORGANIZATIONS IN THE COMMUNITY.
Describe the Organization's Program Activity:
GENERAL BUILDING EXPENSES PAID FOR UTILITIES, GENERAL OFFICE SUPPLIES, PROPERTY AND GENERAL INSURANCE AND BUILDING REPAIRS AND UPKEEP. THE IMPROVEMENTS AND CURRENT ASSETS ARE BEING DEPRECIATED.
AMOUNT PAID FOR SUPPLIES AND FOOD LICENSE TO SUPPORT THE COSTS FOR FOR THE MONTHLY MEETINGS, SPECIAL LUNCHES AND DINNERS AND ADDITIONAL PARTIES/ACTIVITIES THAT ARE PROVIDED FOR AT THE COMMUNITY CENTER.
THE ORGANIZATION TRAVELS AROUND IN THE COMMUNITY TO PREPARE FOR A NUMBER OF EVENTS HELD FOR THE COMMUNITY TO ENJOY AND PARTICIPATE IN. THERE IS CURRENTLY A WEBSITE NEWSLETTER THAT PROVIDES INFORMATION AS TO UPCOMING EVENTS, ETC. & THIS HAS BECOME A MORE POPULAR ITEM. EVENTS ARE HELD FOR YOUTH WHICH MAY INCLUDE HOLIDAY PARTIES. A NUMBER OF YOUTH FROM THE SURROUNDING AREA ATTEND MANY OF THESE FUNCTIONS. THIS YEARS ATTENDANCE FOR SOME OF THE SPECIAL EVENTS AND PARTIES ARE AS FOLLOWS: HALLOWEEN PARTY ENTERTAINED 80 CHILDREN, CHRISTMAS PARTY INCLUDED 30 CHILDREN AND THE ORGANIZATION'S EASTER PARTY ENTERTAINED 57 CHILDREN.
SALARY OF GAMBLING MGR
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
George Fletcher President | OfficerTrustee | 1 | $0 |
Nick Hanna Vice Preside | OfficerTrustee | 0.5 | $0 |
Al Westlund Treasurer | OfficerTrustee | 5 | $0 |
Mel Neuberger Secretary | OfficerTrustee | 0.75 | $0 |
Michelle Goldeman Gambling Mgr | Trustee | 6.25 | $0 |
Brad Rabold Board Member | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $31,650 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $26,678 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $58,328 |
| Total Program Service Revenue | $0 |
| Investment income | $16 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$436 |
| Net Income from Gaming Activities | -$7,728 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $50,180 |
| 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 | $1,173 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $736 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,960 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $12,399 |
| Advertising and promotion | $0 |
| Office expenses | $1,578 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $5,463 |
| 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 | $7,861 |
| Insurance | $7,357 |
| All other expenses | $776 |
| Total functional expenses | $47,015 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $27,667 |
| Savings and temporary cash investments | $150,536 |
| 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 | $253,481 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $431,684 |
| 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 | $391,842 |
| Net assets with donor restrictions | $39,842 |
| 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 | $431,684 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Northeast Iowa Area Agency On Aging Inc Waterloo, IA | $3,520,816 | $9,481,257 |
Central Minnesota Council Aging Inc Sartell, MN | $1,275,140 | $7,874,791 |
Horizon Health Inc Pierz, MN | $5,933,505 | $9,032,202 |
Interfaith Older Adult Programs Inc Milwaukee, WI | $1,903,489 | $6,806,853 |
Southeastern Minnesota Area Agency On Aging Inc Rochester, MN | $1,516,136 | $6,280,522 |
Aging And Disability Resource Center Of Brown County Inc Green Bay, WI | $5,001,556 | $6,255,599 |
Connections Area Agency On Aging Inc Council Bluffs, IA | -$414,939 | $5,568,873 |
Elderbridge Agency On Aging Mason City, IA | $4,687,674 | $5,849,519 |
Milestones Area Agency On Aging Davenport, IA | $2,561,331 | $6,004,219 |
Aging Resources Of Central Ia Des Moines, IA | $1,507,891 | $5,359,650 |
Senior Citizens Services Inc Sioux Falls, SD | $15,443,650 | $4,706,144 |
Burleigh County Council On Aging Bismarck, ND | $3,007,882 | $3,617,520 |