Lake Conference is located in Edina, MN. The organization was established in 1984. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lake Conference 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, Lake Conference generated $50.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.1% each year. All expenses for the organization totaled $58.8k during the year ending 06/2022. While expenses have increased by 0.8% per year over the past 7 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.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Judy Trombley Executive Se | 0 | $0 | |
C Ballard- Hopkins Hs Director | 0 | $0 | |
A Beaton - Edina Hs Director | 0 | $0 | |
J Erickson - Minnetonka Hs Director | 0 | $0 | |
S Gengler - Wayzata Hs Director | 0 | $0 | |
Name Not Listed Director | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $15,515 |
Membership dues | $35,000 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $50,515 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $12,000 |
Professional fees and other payments to independent contractors | $660 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $46,182 |
Total expenses | $58,842 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $16,890 |
Other assets | $0 |
Total assets | $16,890 |
Total liabilities | $0 |
Net assets or fund balances | $16,890 |
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