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← LAKE ERIE FOUNDATION

Form 990 for tax year 2024

Filed by LAKE ERIE FOUNDATION.

Totals

Total revenue
$331,419
Total expenses
$255,724
Contributions and grants received
$318,843
Grants paid
$0
Program service revenue
$0
Investment income
$12,576
Other revenue
$0
Total assets, end of year
$1,491,444
Total liabilities, end of year
$514,085
Net assets or fund balances, end of year
$977,359
Program services expenses (Part IX)
$198,963
Management and general expenses
$56,761
Fundraising expenses
$0
Program service expenses (Part III)
$198,963

Program services were 77.8% 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

    $100,654

  • 1f · All other contributions, gifts and grants

    $218,189

  • 3 · Investment income

    total $12,576 · related or exempt $12,576

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $123,671 · program services $92,753 · management and general $30,918

  • 8 · Pension plan contributions

    total $1,212 · program services $909 · management and general $303

  • 10 · Payroll taxes

    total $9,461 · program services $7,096 · management and general $2,365

  • 11c · Fees: accounting

    total $6,900 · management and general $6,900

  • 11d · Fees: lobbying

    total $27,000 · program services $27,000

  • 12 · Advertising and promotion

    total $13,901 · program services $13,901

  • 13 · Office expenses

    total $22,815 · program services $11,655 · management and general $11,160

  • 16 · Occupancy

    total $2,820 · program services $2,115 · management and general $705

  • 17 · Travel

    total $4,166 · program services $3,124 · management and general $1,042

  • 19 · Conferences, conventions and meetings

    total $2,348 · program services $1,761 · management and general $587

  • 22 · Depreciation, depletion and amortization

    total $59 · management and general $59

  • 23 · Insurance

    total $886 · management and general $886

  • 24a · Other expenses: GRANT OBLIGATION FULLMENT

    total $14,623 · program services $14,623

  • 24b · Other expenses: SPECIAL EVENT EXPENSES

    total $10,481 · program services $10,481

  • 24c · Other expenses: COMMITTEE EVENTS

    total $3,516 · program services $3,516

  • 24d · Other expenses: COMMUNITY EVENT SPONSORS

    total $3,500 · program services $3,500

  • 24e · All other expenses

    total $8,365 · program services $6,529 · management and general $1,836

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $392,942 · end of year $979,685

  • 10a · Land, buildings and equipment: cost or other basis

    $7,043

  • 10b · Land, buildings and equipment: accumulated depreciation

    $7,043

  • 10c · Land, buildings and equipment, net

    beginning of year $59

  • 15 · Other assets

    beginning of year $569,768 · end of year $511,759

  • 17 · Accounts payable and accrued expenses

    beginning of year $310 · end of year $2,665

  • 25 · Other liabilities

    beginning of year $2,788 · end of year $511,420

  • 31 · Retained earnings, endowment or other funds

    beginning of year $959,671 · end of year $977,359

Mission and programs · 2024

Mission

CREATE AND MAINTAIN A HEALTHY LAKE ERIE NOW AND FOREVER AS DEFINED BY DRINKABLE WATER, RECREATIONAL CONTACT AND EDIBLE FISH.

  • LAKE ERIE'S WESTERN BASIN HAS PROBLEMS WITH HARMFUL ALGAE BLOOM AND THE CENTRAL BASIN FREQUENTLY HAS A DEAD ZONE. WE ARE COMMITTED TO FOCUS ATTENTION AND ADVOCATE FOR THE RESOURCES NECESSARY TO ADDRESS THESE PROBLEMS, ASSESS WATER QUALITY AT PUBLIC DRINKING WATER INTAKES, AND WORK TOWARDS ELIMINATING BEACH ADVISORIES FOR HARMFUL ALGAE AND BACTERIA.

    Expenses $198,963

As filed on the 2024 return.

Listed in Part VII

  • Lee Alexakos

    SECRETARY

    Total calculated
    $0
    Hours/week
    2
  • Ken Alvey

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Matthew V Fisher

    VICE PRESIDE

    Total calculated
    $0
    Hours/week
    3
  • Larry Fletcher

    TREASURER

    Total calculated
    $0
    Hours/week
    2
  • Rick Graham

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Peter Huston

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Paul Klein

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • John Lipaj

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Leonard Partin

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Chris Winslow PhD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • James Stouffer

    PRESIDENT

    Total calculated
    $0
    Hours/week
    3
  • Ron Wyss

    DIRECTOR

    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
2024
Filed
11 November 2025
IRS schema version
2024v5.0
Source object
202513189349309961

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