Boone Lake Association

Organization Overview

Boone Lake Association is located in Piney Flats, TN. The organization was established in 1984. 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 12/2023, Boone Lake Association employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Boone Lake 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 12/2023, Boone Lake Association generated $192.3k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 19.6% each year . All expenses for the organization totaled $191.6k during the year ending 12/2023. While expenses have increased by 25.4% per year over the past 5 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

MAINTAIN WATER QUALITY OF BOONE LAKE

Describe the Organization's Program Activity:

Part 3 - Line 4a

MAINTAIN THE SAFETY, WATER QUALITY, AND CLEANLINESS OF BOONE LAKE LOCATED IN NORTHEAST TENNESSEE.


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Board, Officers & Key Employees

Name (title)Compensation
Frank Hahne
President
$0
Jeanette Bailey
Chief Operating Officer
$0
Ann Larson
Secretary
$0
Jerry Frank
Board Member
$0
Gary Parker
Board Member
$0
Jim Slaight
Chief Financial Officer
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$185,658
Noncash contributions included in lines 1a–1f $37,577
Total Revenue from Contributions, Gifts, Grants & Similar$185,658
Total Program Service Revenue$4,000
Investment income $1,738
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 $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $192,328

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