Form 990 for tax year 2023
Filed by LAKES AREA SENIOR ACTIVITY CENTER INC.
Totals
- Total revenue
- $380,466
- Total expenses
- $389,676
- Contributions and grants received
- $150,734
- Grants paid
- $0
- Program service revenue
- $100,442
- Investment income
- $13,770
- Other revenue
- $115,520
- Total assets, end of year
- $1,327,656
- Total liabilities, end of year
- $13,423
- Net assets or fund balances, end of year
- $1,314,233
- Program services expenses (Part IX)
- $304,671
- Management and general expenses
- $85,005
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $304,671
Program services were 78.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1b · Membership dues
$24,840
-
1e · Government grants (contributions)
$113,437
-
1f · All other contributions, gifts and grants
$12,457
-
2a · Program service revenue: SENIOR ACTIVITIES
total $86,544 · related or exempt $86,544
-
2b · Program service revenue: NEWSLETTER ADS
total $13,898 · unrelated business $13,898
-
3 · Investment income
total $13,770 · excluded $13,770
-
6a · Gross rents
real property $49,090
-
6b · Less rental expenses
real property $8,354
-
6c · Rental income or loss
real property $40,736
-
6d · Net rental income or loss
total $40,736 · unrelated business $4,746 · excluded $35,990
-
9a · Gaming: gross income
$9,633
-
9b · Gaming: direct expenses
$0
-
9c · Net income from gaming
total $9,633 · excluded $9,633
-
10a · Gross sales of inventory
$100,868
-
10b · Cost of goods sold
$37,658
-
10c · Net income from sales of inventory
total $63,210 · excluded $63,210
-
11a · Other revenue: MISCELLANEOUS REVENUE
total $1,941 · excluded $1,941
-
11e · Other revenue, total
$1,941
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $63,837 · program services $51,070 · management and general $12,767
-
7 · Other salaries and wages
total $63,563 · program services $50,850 · management and general $12,713
-
8 · Pension plan contributions
total $445 · program services $356 · management and general $89
-
10 · Payroll taxes
total $11,614 · program services $9,291 · management and general $2,323
-
11c · Fees: accounting
total $5,162 · management and general $5,162
-
12 · Advertising and promotion
total $7,223 · program services $5,778 · management and general $1,445
-
13 · Office expenses
total $9,888 · program services $7,910 · management and general $1,978
-
16 · Occupancy
total $77,338 · program services $61,870 · management and general $15,468
-
17 · Travel
total $373 · program services $298 · management and general $75
-
22 · Depreciation, depletion and amortization
total $53,217 · program services $42,574 · management and general $10,643
-
24a · Other expenses: NEWSLETTERS
total $33,738 · program services $26,990 · management and general $6,748
-
24b · Other expenses: REPAIRS AND MAINTENANCE
total $30,914 · program services $24,731 · management and general $6,183
-
24c · Other expenses: MISCELLANEOUS
total $28,691 · program services $22,953 · management and general $5,738
-
24d · Other expenses: UBI TAXES
total $3,673 · management and general $3,673
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $353,267 · end of year $255,084
-
2 · Savings and temporary cash investments
beginning of year $452,488 · end of year $125,000
-
10a · Land, buildings and equipment: cost or other basis
$1,274,833
-
10b · Land, buildings and equipment: accumulated depreciation
$790,219
-
10c · Land, buildings and equipment, net
beginning of year $537,831 · end of year $484,614
-
13 · Investments: program-related
end of year $462,958
-
17 · Accounts payable and accrued expenses
beginning of year $11,263 · end of year $4,543
-
25 · Other liabilities
beginning of year $8,880 · end of year $8,880
-
27 · Net assets without donor restrictions
beginning of year $1,323,443 · end of year $1,314,233
Mission and programs · 2023
Mission
ENCOURAGING MATURE ADULTS TO ENGAGE IN HEALTHY LIVING, SOCIALIZATION, LIFE LONG LEARNING AND COMMUNITY CONNECTIONS.
-
WE ARE A SMALL NONPROFIT WITH IMPRESSIVE NUMBERS! OUR VOLUNTEERS DONATED 21,156 HOURS TO US AND WE HAD 17,621 INDIVIDUALS LOGGED IN OUR DOORS. OUR DONUT CREW, VOLUNTEERS WITH ONE STAFF PERSON, HAD $63,210 PROFIT FOR US; ALONG WITH VOLUNTEERS GROWING THE PLANTS, SELLING AND GENERATING $21,320 PROFIT TO THE CENTER. EVERY DAY WE PROVIDE PROGRAMS, EVENT AND ACTIVITIES FOR THE AGEING IN OUR REGION THAT ADD TO THEIR QUALITY OF LIFE.
Expenses $304,671 · Revenue $86,544
As filed on the 2023 return.
Listed in Part VII
-
Kathy TusaKATHY TUSA
PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Neola RaaschNEOLA RAASCH
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Steve BarrowsSTEVE BARROWS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Deann BarryDEANN BARRY
EXECUTIVE DIRECTOR
- Total calculated
- $63,837
- From this org
- $63,837
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Bruce BuxtonBRUCE BUXTON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Josiah HealJOSIAH HEAL
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Liz HoltLIZ HOLT
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Lana LedouxLANA LEDOUX
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Brian LemieuxBRIAN LEMIEUX
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Kurt NelsonKURT NELSON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Amy PriceAMY PRICE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
John RaboinJOHN RABOIN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Nick ReindlNICK REINDL
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Gayle TrzpucGAYLE TRZPUC
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Lynn ZimbelmanLYNN ZIMBELMAN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 12 November 2024
- IRS schema version
- 2023v5.1
- Source object
- 202433199349314183
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