Lake Preservation Association For Storm Lake Inc
- Assets
- $220.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Storm Lake, IA
- Founding
- 12/1992
- Data as of
- 12/2021
- EIN
- 42-1379537
Organization Overview
Lake Preservation Association For Storm Lake Inc is located in Storm Lake, IA. The organization was established in 1992. 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. Lake Preservation Association For Storm Lake 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 12/2021, Lake Preservation Association For Storm Lake Inc generated $8.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (12.0%) each year. All expenses for the organization totaled $3.8k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (23.8%) per year over the past 7 years. 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
2021
Describe the Organization's Program Activity:
Part 3
OPERATION OF THE DREDGE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ryan Mohr President | 0 | $0 | |
Wendy Rice-Larson Vice President | 0 | $0 | |
Kevin Cone Board Member | 0 | $0 | |
Steve Brashears Board Member | 0 | $0 | |
Jeff Kestel Board Member | 0 | $0 | |
John Armstrong Board Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $769 |
| Total Program Service Revenue | $0 |
| Membership dues | $7,087 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $219 |
| Total Revenue | $8,075 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $230 |
| Other expenses | $3,532 |
| Total expenses | $3,762 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $220,758 |
| Other assets | $0 |
| Total assets | $220,758 |
| Total liabilities | $0 |
| Net assets or fund balances | $220,758 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Association Of Illinois Soil & Water Conservation Districts Springfield, IL | $387,461 | $3,234,520 |
Bond Madison Water Company Pocahontas, IL | $13,786,763 | $2,866,600 |
Beaver Lake Association Plattsmouth, NE | $4,439,045 | $2,814,452 |
Trout Unlimited Chanhassen, MN | $885,128 | $2,532,595 |
Ozarks Environmental Services Kimberling City, MO | $1,364,072 | $2,517,937 |
Living Lands & Waters East Moline, IL | $3,683,421 | $2,325,294 |
The Wetlands Initiative Chicago, IL | $10,049,194 | $2,434,760 |
Lakeshore Farm Management Coop Valders, WI | $1,770,762 | $1,460,336 |
Alliance For Water Efficiency Nfp Chicago, IL | $510,612 | $1,181,528 |
Fox Lake Conservation League Inc Sherburn, MN | $973,588 | $1,363,279 |
Watershed Committee Of Ozarks Inc Springfield, MO | $3,357,505 | $2,342,450 |
Wild Rivers Conservancy Of The St Croix & Namekagon Osceola, WI | $495,125 | $1,215,590 |