Koronis Lake Association Inc

Organization Overview

Koronis Lake Association Inc is located in Paynesville, MN. The organization was established in 1982. 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. Koronis Lake Association 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, Koronis Lake Association Inc generated $148.5k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 9.7% each year. All expenses for the organization totaled $129.2k during the year ending 06/2022. While expenses have increased by 12.2% 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.

Mission & Program ActivityExcerpts From the 990EZ Filing

TAX YEAR

2022

Describe the Organization's Program Activity:

Part 3

PROTECTION AND IMPROVEMENT OF LAKE KORONIS


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Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$148,325
Total Program Service Revenue$0
Membership dues$0
Investment income $207
Gain or Loss$0
Net Income from Gaming & Fundraising$0
Other Revenue$0
Total Revenue$148,532

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Koronis Lake Association Inc has recieved totaling $425,000.

Awarding OrganizationAmount
Initiative Foundation

Little Falls, MN

PURPOSE: TO SUPPORT EXPERIMENTAL MANAGEMENT DESIGNED TO CONTROL AND CONTAIN THE INVASIVE MICROALGAE STARRY STONEWORT AND PREVENT ITS SPREAD TO OTHER LAKES IN MINNESOTA.

$425,000
View Grant Recipient Profile

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