Glenwood Lakes Area Welcome Center
- Assets
- $207.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Glenwood, MN
- Founding
- 08/2016
- Data as of
- 12/2023
- EIN
- 47-5559120
Organization Overview
Glenwood Lakes Area Welcome Center is located in Glenwood, MN. The organization was established in 2016. According to its NTEE Classification (S30) the organization is classified as: Economic 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. Glenwood Lakes Area Welcome Center 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, Glenwood Lakes Area Welcome Center generated $116.2k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 6.8% each year. All expenses for the organization totaled $97.5k 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
AREA RESORTS AND HOTELS CHARGE A LODGING TAX WHICH A PORTION GOES TO THE WELCOME CENTER TO PROMOTE THE SURROUNDING AREA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jen Jabas President | 5 | $0 | |
Matt Daniels Past President | 2 | $0 | |
Sarah Boll Vice President | 2 | $0 | |
Darby Wacker Secretary | 2 | $0 | |
Kay Blauert Executive Dir. | 20 | $25,072 | |
Jayme Baker Treasurer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $15,423 |
| Total Program Service Revenue | $88,059 |
| Membership dues | $0 |
| Investment income | $12,762 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $116,244 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $29,428 |
| Professional fees and other payments to independent contractors | $1,813 |
| Occupancy, rent, utilities, and maintenance | $22,342 |
| Printing, publications, postage, and shipping | $526 |
| Other expenses | $43,372 |
| Total expenses | $97,481 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $52,649 |
| Other assets | $0 |
| Total assets | $207,243 |
| Total liabilities | $67,393 |
| Net assets or fund balances | $139,850 |