Lake Zumbro Forever Inc
- Assets
- $133.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Rochester, MN
- Founding
- 03/2008
- Data as of
- 12/2022
- EIN
- 20-5048523
Organization Overview
Lake Zumbro Forever Inc is located in Rochester, MN. The organization was established in 2008. 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. Lake Zumbro Forever 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, Lake Zumbro Forever Inc generated $38.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (13.7%) each year. All expenses for the organization totaled $1.1k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (53.3%) per year over the past 7 years. 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
DREDGING AND CLEANING LAKE ZUMBRO IN ORDER FOR THE LAKE TO BE SAFE FOR USE BY THE PUBLIC AND WILDLIFE IN THE AREA, INCLUDING VARIOUS ISSUE PETITIONS IN THE COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jason Laplante Vice President | 1 | $0 | |
John Arnold Director | 1 | $0 | |
Wes Bonow Director | 1 | $0 | |
Ron Fuller Secretary | 1 | $0 | |
Greg Huey Director | 1 | $0 | |
Cameron Maass President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,017 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $26,465 |
| Other Revenue | $0 |
| Total Revenue | $38,046 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $62 |
| Other expenses | $1,012 |
| Total expenses | $1,074 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $133,249 |
| Other assets | $0 |
| Total assets | $133,249 |
| Total liabilities | $0 |
| Net assets or fund balances | $133,249 |