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The Fund For Lake George Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 222565313 ✦ Lake george, NY ✦ Designated as a 501(c)(3)

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Overview

What is The Fund For Lake George Inc?

The Fund For Lake George Inc is a nonprofit organization based in Lake George, New York, with a focus on protecting the water quality of Lake George and its surrounding basin. With a dedicated team of five employees, they strive to promote the preservation, conservation, and comprehension of this significant water body. By carrying out outreach programs, they educate the public on the importance of safeguarding this precious resource, ensuring its continued health for future generations.


Official website here: www.fundforlakegeorge.org

What are the reviews and ratings of this charity?

Charity Navigator Rating 92% - Four-Star out of Four Star rating

The Fund For Lake George Inc has received a commendable Four-Star rating from Charity Navigator, which reflects its strong performance in accountability and finance. The overall score of 92% indicates effective financial management and transparency, essential qualities for donor trust and support. The charity's high marks in areas such as governance, financial oversight, and the absence of material asset diversion further underscore its reliability.

One of the organization's notable strengths is its independent board composition, with 100% of board members being independent. This structure not only helps ensure unbiased decision-making but also promotes a culture of accountability. The charity has maintained strong program expense ratios, demonstrating that a significant portion of funds is allocated directly to its mission-related activities, which is a positive indicator for potential donors.

However, there are some limitations in policy areas, as the charity lacks a whistleblower policy and a document retention and destruction policy. While these issues are relatively minor compared to the overall financial health and governance strength, addressing them could further improve the organization’s transparency and operational robustness. Overall, The Fund For Lake George Inc appears to be a well-managed nonprofit with a solid commitment to its mission.


This AI summary has been generated from information found on Charity Navigator.

Is The Fund For Lake George Inc legitimate?

The Fund For Lake George Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Fund For Lake George 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: $98,587
Professional Fundraising Fees: $0
Other Salaries and Wages: $178,254

For more financial information, click here


Official website here: www.fundforlakegeorge.org

What is the mission statement of The Fund For Lake George Inc?

The Fund For Lake George Inc's mission is centered around preserving and safeguarding Lake George and its surrounding basin. Specifically, they strive to foster a better understanding of the region and its waters. To achieve this, they implement various educational programs aimed at educating the public about the importance of water quality protection. Their primary goal is to promote the conservation and protection of the Lake George ecosystem.


Official website here: www.fundforlakegeorge.org

Who is the CEO of The Fund For Lake George Inc?

Eric Siy is the Executive Dir. of The Fund For Lake George Inc.


Official website here: www.fundforlakegeorge.org

What is the revenue of The Fund For Lake George Inc?

The Fund For Lake George Inc's revenue in 2021 was $1,411,386.


Official website here: www.fundforlakegeorge.org

Who are the executives of The Fund For Lake George Inc and what are their salaries?

The average compensation at The Fund For Lake George Inc during 2021 was $55,368. There are 5 employees and 20 volunteers at The Fund For Lake George Inc.


Here are 17 key members and their salaries:


Eric Siy (Executive Dir.)
  • Compensation: $94,059
  • Related: $0
  • Other: $8,817
Lucinda H Bhavsar (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Creighton (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Don Rice (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Venetia Lannon (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr John Macionis (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Blair Keller (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
George Hearst (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Bailey (Develop Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Kelly (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Schadler Feist (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom West (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy Reuss (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
George Morris (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ike Wolgin (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Darrin (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Killeen (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.fundforlakegeorge.org

Where can I find the form 990 for The Fund For Lake George Inc?

The Fund For Lake George Inc's most recent form 990 was submitted in 2021 and can be accessed here.


Official website here: www.fundforlakegeorge.org

Learn more at the official website: www.fundforlakegeorge.org

Mission Statement of The Fund For Lake George Inc

The Fund for Lake George Inc, a dedicated nonprofit organization, is committed to preserving, protecting, and fostering a deeper understanding of Lake George and its surrounding basin. Their primary mission is to promote the well-being of this significant water body, striving to ensure its long-term health and sustainability. To achieve this, they have launched an Outreach Program, designed to educate the public on the importance of protecting water quality. Through this program, they aim to instill a sense of responsibility among individuals, empowering them to contribute to the preservation of Lake George for future generations.

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Impact




June, 2024

The Fund For Lake George Inc has made a significant impact in promoting the preservation, protection, and understanding of Lake George and its surrounding basin. Through its outreach programs, it has successfully educated the public about the importance of safeguarding water quality in the area. This organization's efforts have helped raise awareness and encourage stewardship of the environment among residents and visitors to Lake George, NY.




This information is meant to be a general summary of The Fund For Lake George 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.

Revenue
$1,411,386 (2021)
Expenses
$1,073,976 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Investment Income: $199,534
  • Gross Receipts: $2,018,409

Assets and Liabilities:

  • Total Assets: $0
  • Total Liabilities: $0
  • Net Assets: $0

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Organization Details

Founding Year

1984

Principal Officer

Eric Siy

Main Address

2199A Route 9 PO Box 352, Lake George, NY, 12845

NTEE Category

Code: C300 - Environment

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