Orr-Pelican Lake Area Resort Assoc is located in Orr, MN. The organization was established in 1991. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Orr-Pelican Lake Area Resort Assoc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2023, Orr-Pelican Lake Area Resort Assoc generated $81.0k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.5% each year. All expenses for the organization totaled $61.5k during the year ending 12/2023. While expenses have increased by 0.8% per year over the past 6 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
2023
Describe the Organization's Program Activity:
Part 3
PROMOTION OF BUSINESS; CONSERVATION; COMMUNITY WELFARE; AND CIVIC IMPROVEMENT.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Mary Lou Fry Treasurer | 6.25 | $0 | |
Tom Richardson President | 10 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $80,427 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $561 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $80,988 |
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 | $1,240 |
Occupancy, rent, utilities, and maintenance | $1,420 |
Printing, publications, postage, and shipping | $221 |
Other expenses | $58,257 |
Total expenses | $61,538 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $123,349 |
Other assets | $0 |
Total assets | $132,872 |
Total liabilities | $0 |
Net assets or fund balances | $132,872 |