Overview
What is The Lake George Association Inc?
The Lake George Association Inc, situated in Lake George, New York, is a nonprofit organization with a mission to safeguard the water quality of Lake George. They accomplish this goal through various means, including offering technical and financial assistance to property owners and municipalities, executing direct protection programs via public-private partnerships, focusing on invasive species management, reducing road salt usage, improving wastewater and stormwater systems, and advocating for relevant policies. Their work involves monitoring and enhancing environmental regulations in development and protection practices around the lake. Their dedication to this cause is underpinned by science, education, and productive collaborations. With around 20 employees, they strive to maintain the lake's pristine condition for future generations.
Official website here: www.lakegeorgeassociation.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 97%, Four-Star out of Four Star rating.
The Lake George Association Inc has achieved an impressive score of 97%, reflecting its strong commitment to accountability and financial management. The organization boasts a fully independent board and has scored exceptionally well in various categories including financial statements, conflict of interest policies, and material diversion of assets, indicating robust governance practices.
In terms of financial health, the association demonstrates a solid program expense ratio of 72.76%, ensuring that a significant portion of its funds directly supports its mission. Additionally, it has an admirable fundraising efficiency, costing only $0.07 to raise a dollar, and a high working capital ratio, which signifies a strong financial position and sustainability over the long term.
Overall, the Lake George Association Inc stands out as a well-managed nonprofit with transparent practices and effective financial oversight. However, while the data highlights its strengths, specific impact metrics or feedback on program effectiveness would further enhance the understanding of its overall contributions to the community.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about The Lake George Association Inc?
80% of users recommend The Lake George Association Inc based on the reviews collected on Facebook. Here's a brief overview of the sentiments expressed by the reviewers:
It appears there's a concern among some individuals regarding perceived inequities in how the organization addresses pollution in the lake. One reviewer specifically pointed out the burden placed on boaters regarding costs, while highlighting the need for homeowners along the shore to address their septic systems, which they believe contribute to pollution. This suggests there might be underlying tensions about whose responsibility it is to ensure the lake's health.
While the recommendation rate is relatively positive, the feedback reflects a call for more attention to the issues at the source of pollution. There seems to be a desire for a more balanced approach, indicating that while some appreciate the efforts of the organization, others feel that improvements are needed in how the nonprofit engages with various stakeholders in the community.
This AI summary has been generated from reviews found on Facebook.
Is The Lake George Association Inc legitimate?
The Lake George Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Lake George Association Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $259,040
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,226,178
For more financial information, click here
Official website here: www.lakegeorgeassociation.org
What is the mission statement of The Lake George Association Inc?
The Lake George Association Inc is committed to safeguarding the quality of Lake George's water. They achieve this mission through science-driven actions, education, advocacy, and effective partnerships. The organization provides financial and technical assistance to property owners and municipalities, implements direct protection programs, and engages in public policy advocacy. These efforts are focused on preventing and treating invasive species, reducing road salt, improving wastewater and stormwater management, and ensuring compliance with environmental regulations. The ultimate goal is to preserve Lake George's water quality for future generations.
Official website here: www.lakegeorgeassociation.org
What is the revenue of The Lake George Association Inc?
The Lake George Association Inc's revenue in 2023 was $3,779,824.
Official website here: www.lakegeorgeassociation.org
Who are the executives of The Lake George Association Inc and what are their salaries?
The average compensation at The Lake George Association Inc during 2023 was $61,884. There are 24 employees and 211 volunteers at The Lake George Association Inc.
Here are 28 key members and their salaries:
- Compensation: $239,584
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Official website here: www.lakegeorgeassociation.org
Where can I find the form 990 for The Lake George Association Inc?
The Lake George Association Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.lakegeorgeassociation.org
Learn more at the official website: www.lakegeorgeassociation.org
Mission Statement of The Lake George Association Inc
The Lake George Association Inc is committed to the durable preservation of Lake George's water quality. This is achieved through a strategic blend of science-driven actions, educational initiatives, advocacy, and productive collaborations. The organization aims to safeguard the lake's water quality by providing technical and financial assistance to property owners and municipalities, implementing direct protection programs, and engaging in public policy advocacy. These programs focus on preventing and treating invasive species, reducing road salt, improving wastewater and stormwater, and ensuring compliance with environmental regulations during development and protection practices. The Lake George Association Inc leverages public-private partnerships to achieve its mission, fostering a collaborative approach that is essential for the long-term protection of Lake George's water quality.
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Impact
October, 2024
The Lake George Association Inc plays a crucial role in safeguarding the water quality of Lake George, primarily through science-driven initiatives and community engagement. Their impact is evident in various ways:
1. **Technical and Financial Assistance**: They provide vital support to property owners and municipalities, equipping them with the resources and knowledge needed to improve local water management practices.
2. **Invasive Species Management**: The organization engages in proactive measures to prevent and treat invasive species, thereby protecting the lake's ecosystem and biodiversity.
3. **Stormwater and Wastewater Improvements**: Through targeted programs, they enhance infrastructure related to stormwater and wastewater, significantly reducing pollution and ensuring cleaner runoff into the lake.
4. **Advocacy and Public Policy**: The association actively influences public policy to ensure environmental regulations are enforced, promoting sustainable development practices around Lake George.
5. **Community Education**: By educating the community about the importance of water quality and involved practices, they foster a culture of environmental stewardship among residents and visitors.
Overall, The Lake George Association Inc's comprehensive approach—combining action, education, and advocacy—contributes significantly to the ongoing protection and enhancement of Lake George’s water quality, ensuring it remains a vital resource for future generations.
This information is meant to be a general summary of The Lake George Association Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $502,341
- Program Service Revenue: $11,023
- Gross Receipts: $5,130,812
Assets and Liabilities:
- Total Assets: $17,913,588
- Total Liabilities: $151,699
- Net Assets: $17,761,889
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FLOATING CLASSROOM FEES
Revenue
$11,023
Organization Details
Founding Year
1885
Principal Officer
Bill Creighton
NTEE Category
Code: A82Z - Arts
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