Squam Lakes Association
- Assets
- $9.7m
- Revenue
- $1.7m
- Investments
- $0.0
- Employees
- 49
- Location
- Holderness, NH
- Founding
- 08/1955
- Data as of
- 12/2021
- EIN
- 02-0256498
Organization Overview
Squam Lakes Association is located in Holderness, NH. The organization was established in 1955. 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 12/2021, Squam Lakes Association employed 49 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Squam Lakes 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 12/2021, Squam Lakes Association generated $1.7m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 16.3% each year . All expenses for the organization totaled $1.2m during the year ending 12/2021. While expenses have increased by 8.4% per year over the past 7 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROTECTS THE SQUAM LAKES WATERSHED THROUGH CONSERVATION, EDUCATION OUTREACH PROGRAMS. OWNS MOON BOWMAN ISLANDS MANAGES CHAMBERLAIN-REYNOLDS MEMORIAL FOREST, ALL OPEN TO THE PUBLIC FOR LOW IMPACT RECREATION CAMPING. OPERATES YOUTH PROGRAMS, MONITORS WATER QUALITY, MAINTAINS HIKING TRAILS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MAINTENANCE OF TRAILS IN THE SQUAM WATERSHED AREA. MANAGEMENT AND MAINTENANCE OF CAMPING FACILITIES AT MULTIPLE LOCATIONS. MANAGEMENT OF NATURAL AREAS.
SUMMER CAMP FOR AREA CHILDREN TO INSTILL AN UNDERSTANDING AND APPRECIATION OF THE NATURAL ENVIRONMENT
LAKE USE - PROMOTE LOW IMPACT BOATING ON THE LAKES THROUGH VARIOUS EDUCATION CAMPAIGNS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eb James Executive Director | Officer | 40 | $105,205 |
Annalee Abelson Secretary | OfficerTrustee | 1 | $0 |
Barry Gaw President | OfficerTrustee | 2 | $0 |
Carolyn Tolles 2nd Vice President | OfficerTrustee | 2 | $0 |
Susan Hume Speers 1st Vice President | OfficerTrustee | 2 | $0 |
Henry Harris Treasurer | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $140,115 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $814,049 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $954,164 |
| Total Program Service Revenue | $277,894 |
| Investment income | $86,513 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $13,170 |
| Net Gain/Loss on Asset Sales | $374,542 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $16,693 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,722,976 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $125,995 |
| 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. | $105,205 |
| Compensation of current officers, directors, key employees. | $15,781 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $505,883 |
| Pension plan accruals and contributions | $9,898 |
| Other employee benefits | $75,300 |
| Payroll taxes | $50,695 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $31,137 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $27,525 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $40,195 |
| Travel | $1,036 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,221 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $60,455 |
| Insurance | $69,814 |
| All other expenses | $32,671 |
| Total functional expenses | $1,203,741 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $171,766 |
| Savings and temporary cash investments | $740,709 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $10,229 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $30,508 |
| Prepaid expenses and deferred charges | $7,210 |
| Net Land, buildings, and equipment | $4,170,887 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $4,603,555 |
| Intangible assets | $0 |
| Other assets | $5,000 |
| Total assets | $9,739,864 |
| Accounts payable and accrued expenses | $13,334 |
| 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 | $63,125 |
| Other liabilities | $0 |
| Total liabilities | $76,459 |
| Net assets without donor restrictions | $9,413,405 |
| Net assets with donor restrictions | $250,000 |
| 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 | $9,739,864 |
Grants Awarded
Over the last fiscal year, Squam Lakes Association has awarded $125,995 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Holderness, NH PURPOSE: Conservation | $100,000 |
Center Harbor, NH PURPOSE: Conservation | $25,995 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Squam Lakes Association has recieved totaling $342,995.
| Awarding Organization | Amount |
|---|---|
Volunteer Nh Concord, NH PURPOSE: AMERICORP VOLUNTEERS | $332,495 |
Gannett Foundations Inc Mclean, VA PURPOSE: CHARITABLE PURPOSE | $10,000 |
The Naduse Foundation Beverly, MA PURPOSE: CHARITABLE | $500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Buzzards Bay Coalition Inc New Bedford, MA | $35,427,271 | $10,789,245 |
Connecticut River Watershed Council Inc Greenfield, MA | $5,295,847 | $3,497,811 |
Charles River Transportation Management Association Cambridge, MA | $5,311,502 | $3,433,111 |
Coastal Rivers Conservation Trust Damariscotta, ME | $13,906,618 | $2,629,526 |
Siasconset Beach Preservation Fund Inc Nantucket, MA | $4,655,544 | $2,648,884 |
Maine Coast Fishermens Association Brunswick, ME | $1,658,455 | $1,744,192 |
Squam Lakes Association Holderness, NH | $9,739,864 | $1,722,976 |
Friends Of Herring River Wellfleet-Truro South Wellfleet, MA | $263,956 | $1,149,106 |
Friends Of Casco Bay South Portland, ME | $2,926,094 | $1,343,610 |
Maine Rivers Yarmouth, ME | $267,446 | $665,121 |
Shallow River Properties Inc Washington St Conway, NH | $6,580,048 | $1,463,552 |
Ipswich River Watershed Association Inc Ipswich, MA | $2,136,658 | $994,182 |