Rush Lake Improvement Association
- Assets
- $601.7k
- Revenue
- $230.4k
- Investments
- $0.0
- Employees
- 3
- Location
- Rush City, MN
- Founding
- 08/2009
- Data as of
- 07/2024
- EIN
- 41-1650406
Organization Overview
Rush Lake Improvement Association is located in Rush City, MN. The organization was established in 2009. 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. As of 07/2024, Rush Lake Improvement Association employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rush Lake Improvement 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 07/2024, Rush Lake Improvement Association generated $230.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.3% each year. All expenses for the organization totaled $250.9k during the year ending 07/2024. While expenses have increased by 9.1% 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.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
IMPROVE AND PRESERVE THE QUALITY OF RUSH LAKE AND PREVENT THE SPREAD OF HARMFUL AQUATIC PLANTS, FISH, AND CHEMICALS IN AN EFFORT TO PROVIDE A HEALTHY LAKE ENVIRONMENT FOR THE COMMUNITY AND THE
Describe the Organization's Program Activity:
DURING THE YEAR, THE ORGANIZATION STRIVED TO MONITOR AND IMPROVE THE WATER QUALITY AND QUANTITY IN THE RUSH LAKE AREA. ACTIVITIES SUCH AS WETLANDS MAINTENANCE, NATURAL GEOGRAPHIC STRUCTURE RESTORATION, AND EFFORTS TO CONTROL HARMFUL AQUATIC PLANTS, FISH, AND CHEMICALS ALL BENEFIT THE GENERAL PUBLIC. WITH MEMBERSHIP OF OF OVER 300, THE ORGANIZATION ALSO COMMUNICATED, PROMOTED GOOD WATER STEWARDSHIP EFFORTS, AND INFORMED THE PUBLIC IN AN EFFORT TO EDUCATE THE PUBLIC OF THE ISSUES AFFECTING THE WATER QUALITY AND QUANTITY OF RUSH LAKE.
ORGANIZATION PROVIDED EDUCATION SCHOLARSHIP TO THREE GRADUATING HIGH SCHOOL SENIORS POST-SECONDARY EDUCATION TO ASSIST WITH EXPENSES RELATED TO SAME.
ORGANIZATION PROVIDED ASSISTANCE TO OTHER NON-PROFITS, ORGANIZATIONS,LOCAL GOVERNMENTS, AND COMMUNITY EVENTS TO ASSIST AND PROMOTE THE BETTERMENT OF THE LOCAL COMMUNITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Doug O'brien President | Officer | 3 | $0 |
Mike Anderson Vice-President | Officer | 3 | $0 |
Sue Griffin Secretary/treasurer | Officer | 3 | $0 |
Brenda Green Director | Trustee | 3 | $0 |
Dave Manders Director | Trustee | 3 | $0 |
Tim Fairclough Director | Trustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $6,367 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $200 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,567 |
| Total Program Service Revenue | $24,110 |
| Investment income | $11,396 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $188,302 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $230,375 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $20,600 |
| Grants and other assistance to domestic individuals. | $6,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $3,000 |
| Compensation of current officers, directors, key employees. | $3,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $10,778 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,108 |
| All other expenses | $209,406 |
| Total functional expenses | $250,892 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $235,657 |
| Savings and temporary cash investments | $366,039 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $601,696 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $710 |
| Total liabilities | $710 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $600,986 |
| Total liabilities and net assets/fund balances | $601,696 |