Friends Of Lake Monroe Inc
- Assets
- $51.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Bloomington, IN
- Founding
- 04/2018
- Data as of
- 12/2022
- EIN
- 82-4844080
Organization Overview
Friends Of Lake Monroe Inc is located in Bloomington, IN. The organization was established in 2018. 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. Friends Of Lake Monroe 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 12/2022, Friends Of Lake Monroe Inc generated $65.5k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $78.2k during the year ending 12/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
IN 2022, THE FRIENDS OF LAKE MONROE (FLM) RELEASED THE WATERSHED MANAGEMENT PLAN (WMP) FOR LAKE MONROE, THE CONCLUSION OF A 2-YEAR EFFORT. FLM THEN BEGAN IMPLEMENTATION OF THE WMP WITH A SEPTIC VOUCHER REIMBURSEMENT PROGRAM, A WATERSHED SUMMIT CONVENING LOCAL LEADERS, AND INITIATION OF A 2.5-YEAR COST SHARE PROGRAM TO REDUCE WATERSHED POLLUTION FROM AGRICULTURE. EDUCATION AND OUTREACH ACTIVITIES IN 2022 INCLUDED 22 PRESENTATIONS TO LOCAL STAKEHOLDER GROUPS AND GOVERNMENT OFFICIALS, AND 7 PRESS RELEASES & OTHER MARKETING MATERIAL TO LOCAL MEDIA COVERING UPDATES AND EVENTS OF INTEREST TO STAKEHOLDERS IN THE WATERSHED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sherry Mitchell-Bruker President | 20 | $0 | |
James Krause Vice President | 10 | $0 | |
Joseph Ryan Treasurer | 10 | $0 | |
Keith Bobay Secretary | 10 | $0 | |
Cheryl Munson Director | 10 | $0 | |
Tom Gallagher Director | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $65,526 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $65,526 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $12,896 |
| Professional fees and other payments to independent contractors | $47,488 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $468 |
| Other expenses | $17,311 |
| Total expenses | $78,163 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $51,117 |
| Other assets | $0 |
| Total assets | $51,117 |
| Total liabilities | $2,080 |
| Net assets or fund balances | $49,037 |