Forest Lake Seniors Inc
- Assets
- $45.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Forest Lake, MN
- Founding
- 07/1989
- Data as of
- 12/2020
- EIN
- 41-1461689
Organization Overview
Forest Lake Seniors Inc is located in Forest Lake, MN. The organization was established in 1989. According to its NTEE Classification (P81) the organization is classified as: Senior Centers, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Forest Lake Seniors 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 12/2020, Forest Lake Seniors Inc generated $86.7k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.7% each year. All expenses for the organization totaled $71.7k during the year ending 12/2020. 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
2020
Describe the Organization's Program Activity:
Part 3
SENIOR DRIVING CLASSES, DINING OPPORTUNITIES, ARTS, CRAFTS, GROUP RECREATIONAL ACTIVITIES.
SENIOR DRIVING CLASSES, DINING OPPORTUNITIES, ARTS, CRAFTS, GROUP RECREATIONAL ACTIVITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sharon Lundquist Manager | 40 | $29,142 | |
Mary Erkenbrack President | 1 | $0 | |
Mary Schumacher Vice President | 1 | $0 | |
Byron Anderson Director | 1 | $0 | |
Charlotte Dahl Secretary | 1 | $0 | |
Wilma Droher Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $68,056 |
| Total Program Service Revenue | $0 |
| Membership dues | $2,137 |
| Investment income | $325 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $16,191 |
| Total Revenue | $86,709 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $29,142 |
| Professional fees and other payments to independent contractors | $1,550 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $41,023 |
| Total expenses | $71,715 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $45,225 |
| Other assets | $0 |
| Total assets | $45,225 |
| Total liabilities | $0 |
| Net assets or fund balances | $45,225 |
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 |