Friends Of Lake Sakakawea
- Assets
- $30.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Bismarck, ND
- Founding
- 09/2004
- Data as of
- 12/2022
- EIN
- 73-1646877
Organization Overview
Friends Of Lake Sakakawea is located in Bismarck, ND. The organization was established in 2004. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, 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. Friends Of Lake Sakakawea 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 12/2022, Friends Of Lake Sakakawea generated $8.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (26.0%) each year. All expenses for the organization totaled $6.4k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (28.7%) per year over the past 8 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
BUILD ON THE RECREATIONAL, ECONOMIC AND ENVIRONMENTAL OPPORTUNITIES OF LAKE SAKAKAWEA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lisa Lone Fight Director | 1 | $0 | |
Eric Jaeger Director | 1 | $0 | |
Kelly Sorge Director | 1 | $0 | |
Blair Ihmels Director | 2 | $0 | |
Ron Stromstad Director At-Large | 1 | $0 | |
John Liffrig Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $8,302 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $9 |
| Total Revenue | $8,311 |
| 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 | $2,229 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $1,219 |
| Other expenses | $2,902 |
| Total expenses | $6,350 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $30,722 |
| Other assets | $0 |
| Total assets | $30,722 |
| Total liabilities | $0 |
| Net assets or fund balances | $30,722 |