Lake Cunningham Development Trust

Organization Overview

Lake Cunningham Development Trust is located in Omaha, NE. The organization was established in 2019. According to its NTEE Classification (C50) the organization is classified as: Environmental Beautification, under the broad grouping of Environment and related organizations. As of 12/2021, Lake Cunningham Development Trust employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lake Cunningham Development Trust 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 Cunningham Development Trust generated $8.2m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 68.8% each year . All expenses for the organization totaled $4.5m during the year ending 12/2021. While expenses have increased by 30.4% per year over the past 4 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

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO RAISE CAPITAL TO DEVELOP AND ENHANCE THE RECREATIONAL INFRASTRUCTURE AT GLENN CUNNINGHAM LAKE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

IMPROVE AMENITIES OF THE PARK ALONG WITH INCREASING PARK SAFETY AND USAGE


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Board, Officers & Key Employees

Name (title)Compensation
Mickey Anderson
Chair
$0
Heidi Avalon
Treasurer
$0
Eric Tirtilli
Secretary
$0
Calvin Sisson
Board Member
$0
Patrick Alston
Board Member
$0
Lisa Roskens
Board Member
$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$8,077,288
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$8,077,288
Total Program Service Revenue$114,099
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 $3,048
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $8,194,435

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Lake Cunningham Development Trust has recieved totaling $2,110,000.

Awarding OrganizationAmount
Robert B Daugherty Foundation

Omaha, NE

PURPOSE: CAPITAL PROJECT

$2,000,000
Suzanne And Walter Scott Foundation

Omaha, NE

PURPOSE: GENERAL OPERATING SUPPORT

$110,000
View Grant Recipient Profile

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