Lake City Food Shelf Inc
- Assets
- $270.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lake City, MN
- Founding
- 11/1982
- Data as of
- 03/2024
- EIN
- 41-1430175
Organization Overview
Lake City Food Shelf Inc is located in Lake City, MN. The organization was established in 1982. According to its NTEE Classification (Y24) the organization is classified as: Supplemental Unemployment Compensation, under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lake City Food Shelf 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 03/2024, Lake City Food Shelf Inc generated $172.4k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 10.0% each year . All expenses for the organization totaled $170.6k during the year ending 03/2024. While expenses have increased by 13.8% per year over the past 4 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
2024
Describe the Organization's Program Activity:
Part 3
EMERGENCY FOOD SHELF
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sherry Ziebarth Co Director | 20 | $0 | |
Alan Orthaus Treasurer | 5 | $0 | |
Kay Listine Manager | 18 | $0 | |
Donna Ohl Secretary | 2 | $0 | |
Dianne Coombs Co Director | 7 | $0 | |
Ross Bendickson Assistant Food Manag | 22 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $169,371 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $3,006 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $172,377 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $6,960 |
| Printing, publications, postage, and shipping | $1,611 |
| Other expenses | $162,058 |
| Total expenses | $170,629 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $246,397 |
| Other assets | $0 |
| Total assets | $270,919 |
| Total liabilities | $0 |
| Net assets or fund balances | $270,919 |