Apple Canyon Lake Property Owners Foundation is located in Apple River, IL. The organization was established in 2018. According to its NTEE Classification (C32) the organization is classified as: Water Resources, Wetlands Conservation & Management, 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. Apple Canyon Lake Property Owners Foundation 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 12/2023, Apple Canyon Lake Property Owners Foundation generated $31.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (7.2%) each year. All expenses for the organization totaled $7.0k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (26.0%) per year over the past 2 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
2023
Describe the Organization's Program Activity:
Part 3
TO PROVIDE FOR THE PRESERVATION, CONSERVBATION AND BEAUTIFICATION OF THE PROPERTIES
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Donald Ford Chairperson | 1 | $0 | |
Steven Malone Vice Chairperson | 1 | $0 | |
Jody Ware Secretary | 1 | $0 | |
Crystal Erdenberg Treasurer | 1 | $0 | |
Debra Vanderleest Board Trustee | 1 | $0 | |
Sidney Kennis Board Trustee | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,049 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $8,943 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $20,536 |
| Other Revenue | $0 |
| Total Revenue | $31,721 |
| 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 | $439 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $2,610 |
| Total expenses | $6,961 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $103,038 |
| Other assets | $0 |
| Total assets | $108,605 |
| Total liabilities | $0 |
| Net assets or fund balances | $108,605 |