Briggs Lake Chain Association
- Assets
- $106.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Clear Lake, MN
- Founding
- 04/2011
- Data as of
- 12/2021
- EIN
- 41-1626688
Organization Overview
Briggs Lake Chain Association is located in Clear Lake, MN. The organization was established in 2011. 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. Briggs Lake Chain Association 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 12/2021, Briggs Lake Chain Association generated $36.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (8.3%) each year. All expenses for the organization totaled $38.6k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (7.7%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brad Kipp President | 5 | $0 | |
Adele Munsterman Vice President | 2 | $0 | |
Debbie Stacey Secretary Editor | 6 | $0 | |
Karen Jones Tax Advisor | 2 | $0 | |
Diane Tiegs Treasurer | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,123 |
| Total Program Service Revenue | $18,601 |
| Membership dues | $0 |
| Investment income | $138 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $5,145 |
| Other Revenue | $0 |
| Total Revenue | $36,007 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $850 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $552 |
| Other expenses | $35,177 |
| Total expenses | $38,579 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $106,477 |
| Other assets | $0 |
| Total assets | $106,477 |
| Total liabilities | $0 |
| Net assets or fund balances | $106,477 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Briggs Lake Chain Association has recieved totaling $100.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $100 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Trout Unlimited Chanhassen, MN | $885,128 | $2,532,595 |
Lakeshore Farm Management Coop Valders, WI | $1,770,762 | $1,460,336 |
International Water Institute Fargo, ND | $1,362,645 | $1,044,274 |
Fox Lake Conservation League Inc Sherburn, MN | $973,588 | $1,363,279 |
Wild Rivers Conservancy Of The St Croix & Namekagon Osceola, WI | $495,125 | $1,215,590 |
Mississippi Park Connection Saint Paul, MN | $3,749,419 | $985,197 |
Clean Lakes Alliance Inc Madison, WI | $705,548 | $888,055 |
Friends Of The Falls Minneapolis, MN | $6,450,506 | $2,666,964 |
Geneva Lake Conservancy Inc Fontana, WI | $3,243,177 | $1,183,074 |
Nahant Marsh Education Center Davenport, IA | $2,990,592 | $1,370,122 |
Northern Waters Land Trust Walker, MN | $1,079,991 | $814,843 |
Red River Basin Commission Fargo, ND | $574,607 | $550,424 |