The Sugar Lake Association
- Assets
- $291.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Annandale, MN
- Founding
- 06/1996
- Data as of
- 08/2023
- EIN
- 41-1655122
Organization Overview
The Sugar Lake Association is located in Annandale, MN. The organization was established in 1996. 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. Sugar Lake 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 08/2023, Sugar Lake Association generated $90.6k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 11.9% each year . All expenses for the organization totaled $62.3k during the year ending 08/2023. While expenses have increased by 11.8% per year over the past 5 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Barb Johnson Board Member | 1 | $0 | |
Cindy Stevens Board Member | 1 | $0 | |
Dan Erdman Chair | 1 | $0 | |
Doug Miller Treasurer | 1 | $0 | |
Greta Fure Board Member | 1 | $0 | |
Jan Tift Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $40,516 |
| Total Program Service Revenue | $0 |
| Membership dues | $17,305 |
| Investment income | $955 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $31,855 |
| Other Revenue | $0 |
| Total Revenue | $90,631 |
| 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 | $639 |
| Other expenses | $61,667 |
| Total expenses | $62,306 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $291,533 |
| Other assets | $0 |
| Total assets | $291,533 |
| Total liabilities | $0 |
| Net assets or fund balances | $291,533 |