Iowa Great Lakes Beautification
- Assets
- $4.3m
- Revenue
- $3.1m
- Investments
- $0.0
- Employees
- 0
- Location
- Okoboji, IA
- Founding
- 02/2019
- Data as of
- 12/2023
- EIN
- 83-1898171
Organization Overview
Iowa Great Lakes Beautification is located in Okoboji, IA. The organization was established in 2019. According to its NTEE Classification (C30) the organization is classified as: Natural Resources Conservation & Protection, 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. Iowa Great Lakes Beautification 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, Iowa Great Lakes Beautification generated $3.1m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 24.4% each year . All expenses for the organization totaled $5.4m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Iowa Great Lakes Beautification has awarded 25 individual grants totaling $30,612,467. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE CORPORATION IS ORGANIZED PRIMARILY FOR THE PURPOSE OF ENHANCING THE HUMAN EXPERIENCE AND QUALITY OF LIFE THROUGH BEAUTIFICATION OF THE IOWA GREAT LAKES REGION BY PROVIDING FUNDING AND DEVELOPMENT OF ENRICHING PROJECTS THROUGH EDUCATIONAL PROGRAMS, LANDSCAPE PROJECTS, INFRASTRUCTURE PROJECTS, A VARIETY OF EDUCATIONAL AND COMMUNITY EVENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IOWA GREAT LAKES BEAUTIFICATION PROJECT PROVIDED FUNDING FOR PROJECTS TO IMPROVE THE HUMAN EXPERIENCE AND QUALITY OF LIFE THROUGH LANDSCAPE PROJECTS, INFRASTRUCTURE PROJECTS, AND A VARIETY OF EDUCATION AND COMMUNITY EVENTS.
IOWA GREAT LAKES BEAUTIFICATION PROJECT PROVIDED FUNDING FOR PROJECTS TO IMPROVE THE HUMAN EXPERIENCE AND QUALITY OF LIFE THROUGH LANDSCAPE PROJECTS, INFRASTRUCTURE PROJECTS, AND A VARIETY OF EDUCATION AND COMMUNITY EVENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Franken President | OfficerTrustee | 1 | $0 |
Michele Goodenow Secretary | OfficerTrustee | 2 | $0 |
Amanda Shaffer Treasurer | OfficerTrustee | 1.5 | $0 |
Denny Walker Board Member | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Steffes Companies Llc Contractor | 12/30/20 | $791,930 |
Beck Engineering Inc Engineering | 12/30/20 | $394,799 |
Hoerr Schaudt Architects | 12/30/20 | $204,114 |
Mclure Engineering Company Engineering | 12/30/20 | $187,807 |
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 | $3,051,909 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,051,909 |
| Total Program Service Revenue | $0 |
| Investment income | $77,206 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $10,966 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,140,081 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $5,184,629 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $8,524 |
| Fees for services: Accounting | $5,745 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $50,700 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $892 |
| Insurance | $6,340 |
| All other expenses | $19,481 |
| Total functional expenses | $5,421,559 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,048,504 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $1,339 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $252,757 |
| Total assets | $4,302,600 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $4,302,600 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $4,302,600 |
Grants Awarded
Over the last fiscal year, Iowa Great Lakes Beautification has awarded $5,181,912 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
CITY OF ARNOLDS PARK PURPOSE: ENHANCEMENTS OF IGL | $89,820 |
HISTORICAL ARNOLDS PARK INC PURPOSE: ENHANCEMENTS OF IGL | $5,060,909 |
PEARSON LAKES ART CENTER PURPOSE: ENHANCEMENTS OF IGL | $31,183 |