Lakes Area Builders Assoc

Organization Overview

Lakes Area Builders Assoc is located in Detroit Lakes, MN. The organization was established in 1988. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lakes Area Builders Assoc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.

For the year ending 12/2022, Lakes Area Builders Assoc generated $106.4k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.7% each year. All expenses for the organization totaled $90.1k during the year ending 12/2022. While expenses have increased by 4.5% per year over the past 8 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.

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Board, Officers & Key Employees

Name (title)Compensation
Al Clark
Secretary/tr
$0
Carmen Mccullough
Bookkeeper
$27,900
Nick Green
Vice Preside
$0
Bryan Schoenberger
President
$0

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$316
Total Program Service Revenue$0
Membership dues$28,464
Investment income $306
Gain or Loss$0
Net Income from Gaming & Fundraising$7,241
Other Revenue$70,031
Total Revenue$106,358

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