Clear Lake Development Foundation
- Assets
- $10.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Clear Lake, IA
- Founding
- 09/1977
- Data as of
- 12/2023
- EIN
- 42-1082749
Organization Overview
Clear Lake Development Foundation is located in Clear Lake, IA. The organization was established in 1977. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Clear Lake Development Foundation 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 12/2023, Clear Lake Development Foundation generated $25.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (61.6%) each year. All expenses for the organization totaled $300.0 during the year ending 12/2023. 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
2023
Describe the Organization's Program Activity:
Part 3
TO FURTHER THE DEVELOPMENT OF CLEAR LAKE, IA AND THE SURROUNDING AREA FOR ITS CITIZENS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kent Thoe President | 1 | $0 | |
Sarah Nielsen Vice President | 1 | $0 | |
Krystal Thoe Secretary | 1 | $0 | |
Mark Dodd Treasurer | 1 | $0 | |
Carrie Tysdahl Director | 1 | $0 | |
Robert Barber Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $25 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $25 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $300 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $300 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $10,582 |
| Other assets | $0 |
| Total assets | $10,582 |
| Total liabilities | $0 |
| Net assets or fund balances | $10,582 |