Lake Area Technical Institute Alumni Association
- Assets
- $380.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Watertown, SD
- Founding
- 09/1988
- EIN
- 46-0381673
Organization Overview
Lake Area Technical Institute Alumni Association is located in Watertown, SD. The organization was established in 1988. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lake Area Technical Institute Alumni 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 undefined, Lake Area Technical Institute Alumni Association generated $79.1k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 7.5% each year. All expenses for the organization totaled $15.9k during the year ending undefined. 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
Describe the Organization's Program Activity:
Part 3
PROVIDE FOR ADVANCEMENT, DEVELOPMENT, AND ACHIEVEMENT OF LAKE AREA TECHNICAL COLLEGE (EDUCATIONAL INSTITUTION), PRIMARILY THROUGH PUBLICATIONS AND SCHOLARSHIPS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Julie Kneeland President | 1 | $0 | |
Troy Zebroski Director | 1 | $0 | |
Michelle Turbak Director | 1 | $0 | |
Shawna Shelton Director | 1 | $0 | |
Marty Koistinen Director | 1 | $0 | |
Russ Meuer Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $81,044 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $2,023 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$3,936 |
| Other Revenue | $0 |
| Total Revenue | $79,131 |
| Statement of Expenses | |
|---|---|
| Total expenses | $15,887 |
| Balance Sheet | |
|---|---|
| Total assets | $380,875 |
| Total liabilities | $0 |
| Net assets or fund balances | $380,875 |