Devils Lake Parks And Recreation Foundation

Organization Overview

Devils Lake Parks And Recreation Foundation is located in Devils Lake, ND. The organization was established in 2018. According to its NTEE Classification (N99) the organization is classified as: Recreation & Sports N.E.C., under the broad grouping of Recreation & Sports and related organizations. As of 12/2021, Devils Lake Parks And Recreation Foundation employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Devils Lake Parks And Recreation 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 12/2021, Devils Lake Parks And Recreation Foundation generated $128.0k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 23.0% each year . All expenses for the organization totaled $117.8k during the year ending 12/2021. While expenses have increased by 21.5% per year over the past 3 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 990T Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

DEVILS LAKE PARKS AND RECREATION FOUNDATION IS ORGANIZED TO SOLICIT DONATIONS FOR THE DEVILS LAKE PARKS & RECREATION DISTRICT NEW AND EXISTING FACTILITIES AND PROGRAMS.

Describe the Organization's Program Activity:

DEVILS LAKE PARKS AND RECREATION FOUNDATION OPERATES THE GOLF COURSE CLUB HOUSE FOR DEVILS LAKE PARK BOARD WITH 90% OF THE PROFITS FROM THE OPERATIONS BEING PAID TO THE DEVILS LAKE PARKS AND RECREATION DISTRICT


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Board, Officers & Key Employees

Name (title)Compensation
Mike Dunn
President
$0
Karen Swanson
Secretary
$0
Chad Palmer
Vice Preside
$0
Jeff Schwan
Treasurer
$0
Heather Brandvold
Ex-Officio
$0
Terry Wallace
Ex-Officio
$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$9,700
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$9,700
Total Program Service Revenue$0
Investment income $0
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 $118,307
Miscellaneous Revenue$0
Total Revenue $128,007

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