Laaser Legacy Foundation
- Assets
- $4.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Chanhassen, MN
- Founding
- Data as of
- 12/2023
- EIN
- 88-1472212
Organization Overview
Laaser Legacy Foundation is located in Chanhassen, MN. According to its NTEE Classification (F50) the organization is classified as: Addictive Disorders N.E.C., under the broad grouping of Mental Health & Crisis Intervention and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Laaser Legacy 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, Laaser Legacy Foundation generated $16.6k 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 (21.3%) each year. All expenses for the organization totaled $37.9k during the year ending 12/2023. 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
SUPPORT MEN STRUGGLING WITH SEXUAL ADDICTION AND THEIR SPOUSES
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Debra Laaser President | 0.25 | $0 | |
Jim Farm Vice President | 0.25 | $0 | |
Sarah Laaser-Webb Director | 0.25 | $0 | |
Jon Laaser Director | 0.25 | $0 | |
Ben Laaser Director | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $16,606 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $1 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $16,607 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $34,022 |
| 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 | $0 |
| Other expenses | $3,859 |
| Total expenses | $37,881 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $4,805 |
| Other assets | $0 |
| Total assets | $4,805 |
| Total liabilities | $0 |
| Net assets or fund balances | $4,805 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Southern Minnesota Behavioral Health New Ulm, MN | $1,267,313 | $815,950 |
Laaser Legacy Foundation Chanhassen, MN | $4,805 | $0 |
Journey To Living Free Inc Racine, WI | $340,930 | $70,000 |
Lindell Recovery Network Chaska, MN | $215,735 | $211,654 |
Lakeplace Foundation Bovey, MN | $3,000,000 | $3,000,000 |