Geneva Lake Association Inc
- Assets
- $168.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 2
- Location
- Lake Geneva, WI
- Founding
- 08/1997
- Data as of
- 06/2024
- EIN
- 39-0302321
Organization Overview
Geneva Lake Association Inc is located in Lake Geneva, WI. The organization was established in 1997. According to its NTEE Classification (C30) the organization is classified as: Natural Resources Conservation & Protection, under the broad grouping of Environment and related organizations. As of 06/2024, Geneva Lake Association Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Geneva Lake Association 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 06/2024, Geneva Lake Association Inc generated $112.4k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 5.7% each year. All expenses for the organization totaled $105.9k during the year ending 06/2024. While expenses have increased by 6.0% per year over the past 9 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
SINCE 1935 THE GENEVA LAKE ASSOCIATION HAS SERVED AS GUARDIAN OF GENEVA LAKE AND ITS SURROUNDING AREA. THE GENEVA LAKE ASSOCIATION ADVANCES ITS MISSION OF CONSERVATION, PRESERVATION, ENVIRONMENTAL INTEGRITY AND GENERAL WELFARE OF GENEVA LAKE WITH TIMELY AND ISSUE-CENTERED COMMUNICATIONS AND EDUCATION THROUGH A WIDE MEMBERSHIP BASE OF AREA RESIDENTS AND LOCAL BUSINESSES.
Describe the Organization's Program Activity:
Part 3
CONTRIBUTION TO KISHWAUKETOE NATURE PRESERVE.
CONTRIBUTION TO WATER SAFETY PATROL,GENEVA LAKE ENVIRONMENTAL AGENCY, GENEVA LAKE LEVEL CORPORATION, AND TOWN OF LINN FOR FIRE BOAT.
PRODUCTION OF MEMBERSHIP DIRECTORIES AND NEWSLETTERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Scott Craven Jones Secretary | 2 | $0 | |
Robert Morava Jr Treasurer | 2 | $0 | |
E Lynn Grayson President | 2 | $0 | |
Thomas G Gardiner Vice President | 2 | $0 | |
David Anderson Director At Large | 1 | $0 | |
Brigid Cashman Director At Large | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,500 |
| Total Program Service Revenue | $101,389 |
| Membership dues | $0 |
| Investment income | $549 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $112,438 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $27,000 |
| Professional fees and other payments to independent contractors | $1,408 |
| Occupancy, rent, utilities, and maintenance | $5,650 |
| Printing, publications, postage, and shipping | $11,315 |
| Other expenses | $8,488 |
| Total expenses | $105,861 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $168,146 |
| Other assets | $0 |
| Total assets | $168,146 |
| Total liabilities | $1,135 |
| Net assets or fund balances | $167,011 |