Overview
What is Chautauqua Lake Association Inc?
The Chautauqua Lake Association Inc, situated in Lakewood, New York, is a dedicated nonprofit organization. Their focus is on the protection, restoration, and preservation of Chautauqua Lake, encompassing scientific monitoring to ensure the lake's beauty and cleanliness. With a team of 61 employees, they strive tirelessly to safeguard and improve the lake's water quality, promoting a clean and harmonious environment for all who depend on it.
Official website here: www.chautauqualakeassociation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 94% - Four-Star out of Four Star Rating
Chautauqua Lake Association Inc has received an impressive Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. The overall score is derived solely from the organization’s strong performance in the Accountability & Finance category, showcasing their commitment to transparency and responsible management of resources.
A significant strength of the organization is its governance structure, with 94% of board members being independent. This independence, along with a well-sized board and a robust audit and oversight committee, ensures that the organization operates with integrity. Furthermore, the absence of any material diversion of assets and the implementation of essential policies like conflict of interest and whistleblower protection further bolster their accountability.
On the financial front, Chautauqua Lake Association Inc maintains a favorable liabilities to assets ratio of 0.51% and allocates 68.38% of its expenses directly to program activities. While the organization demonstrates overall strong financial management, ongoing assessments of their program expense ratio might help to enhance their operational efficiency even further.
This AI summary has been generated from information found on Charity Navigator.
Is Chautauqua Lake Association Inc legitimate?
Chautauqua Lake Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Chautauqua Lake 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: $60,008
Professional Fundraising Fees: $0
Other Salaries and Wages: $511,251
For more financial information, click here
Official website here: www.chautauqualakeassociation.org
What is the mission statement of Chautauqua Lake Association Inc?
The Chautauqua Lake Association Inc's mission is geared towards safeguarding, revitalizing, and maintaining the pristine quality and cleanliness of Chautauqua Lake. This mission encompasses scientific monitoring for the lake's protection, restoration, and preservation. The organization's primary goal is to ensure the continued beauty of the lake for present and future generations.
Official website here: www.chautauqualakeassociation.org
What is the revenue of Chautauqua Lake Association Inc?
Chautauqua Lake Association Inc's revenue in 2023 was $1,019,259.
Official website here: www.chautauqualakeassociation.org
Who are the executives of Chautauqua Lake Association Inc and what are their salaries?
The average compensation at Chautauqua Lake Association Inc during 2023 was $10,778. There are 53 employees and 19 volunteers at Chautauqua Lake Association Inc.
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Official website here: www.chautauqualakeassociation.org
Where can I find the form 990 for Chautauqua Lake Association Inc?
Chautauqua Lake Association Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.chautauqualakeassociation.org
Learn more at the official website: www.chautauqualakeassociation.org
Mission Statement of Chautauqua Lake Association Inc
The Chautauqua Lake Association Inc is a dedicated organization, committed to safeguarding, rejuvenating, and maintaining the pristine beauty and purity of Chautauqua Lake. By prioritizing protection, restoration, and preservation, this association aims to ensure the lake remains a pristine and clean body of water. Their mission encompasses scientific monitoring and various initiatives to maintain the lake's health and aesthetics.
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Impact
June, 2024
Chautauqua Lake Association Inc plays a crucial role in protecting, restoring, and preserving the beauty and cleanliness of Chautauqua Lake in Lakewood, NY. Their activities focus on scientific monitoring, which helps ensure the long-term health and sustainability of the lake ecosystem. By actively engaging in the protection, restoration, and preservation of Chautauqua Lake, the organization contributes significantly to maintaining a healthy environment for both wildlife and the community. Their dedication to this cause has a direct impact on the overall well-being of the lake and its surroundings.
This information is meant to be a general summary of Chautauqua Lake 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: $13,575
- Program Service Revenue: $2,000
- Gross Receipts: $2,101,150
Assets and Liabilities:
- Total Assets: $1,815,778
- Total Liabilities: $9,340
- Net Assets: $1,806,438
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LAKE MAINTENANCE CONTRACTS
Revenue
$2,000
Organization Details
Founding Year
1953
Principal Officer
John Ford
NTEE Category
Code: C320 - Environment
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