Overview
What is Sylvan Lake Improvement Assoc?
The Sylvan Lake Improvement Assoc is a nonprofit association based in Rome City, Indiana (PO Box 696). With a team of eight dedicated members, the organization focuses on maintaining the quality of Sylvan Lake, ensuring both weed control and water quality to prevent related issues. Their mission extends beyond this practical aspect, as they aim to enhance wildlife conservation, contribute to natural beauty, and provide opportunities for recreation for their members. They remain committed to these objectives and do not pursue any other purpose.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80% (Three-Star out of Four Star rating)
The Sylvan Lake Improvement Association has received an 80% rating from Charity Navigator, reflecting a solid level of accountability and finance management. This score is derived entirely from their Accountability & Finance beacon, showcasing the organization’s commitment to transparency and responsible fiscal practices.
The organization excels in various areas, particularly with a fully independent board of members and a strong record of no material diversion of assets. Their adherence to governance standards is evident through a well-documented conflict of interest policy and the availability of board meeting minutes. Additionally, their impressive program expense ratio indicates that they allocate all their funds towards their programs effectively.
While the rating is commendable, the overall score relies on a single beacon, suggesting that a broader evaluation including other operational aspects might provide a more comprehensive view of the organization's impact. Nevertheless, the strong financial practices and governance underscore the reliability of the Sylvan Lake Improvement Association in managing its resources.
This AI summary has been generated from information found on Charity Navigator.
Is Sylvan Lake Improvement Assoc legitimate?
Sylvan Lake Improvement Assoc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sylvan Lake Improvement Assoc 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: $62,144
Professional Fundraising Fees: $0
Other Salaries and Wages: $22,910
For more financial information, click here
What is the mission statement of Sylvan Lake Improvement Assoc?
The Sylvan Lake Improvement Association is dedicated to providing assistance and enhancing wildlife conservation, natural beauty, and recreational opportunities for its members. Its mission is to ensure the preservation and improvement of these aspects, without serving any other purpose. The Association focuses on controlling weeds and maintaining water quality to prevent potential problems. By doing so, it aims to create a thriving ecosystem and provide enjoyable recreational experiences for its members. Through its efforts, the Association contributes to the overall well-being of the natural environment and the community it serves.
Who is the CEO of Sylvan Lake Improvement Assoc?
Vicky Fiandt is the President of Sylvan Lake Improvement Assoc.
What is the revenue of Sylvan Lake Improvement Assoc?
Sylvan Lake Improvement Assoc's revenue in 2022 was $145,908.
Who are the executives of Sylvan Lake Improvement Assoc and what are their salaries?
The average compensation at Sylvan Lake Improvement Assoc during 2022 was $10,632. There are 8 employees at Sylvan Lake Improvement Assoc.
Here are 20 key members and their salaries:
- Compensation: $7,200
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- Other: $0
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- Compensation: $20,300
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- Compensation: $10,049
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- Compensation: $9,270
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- Compensation: $15,325
- Related: $0
- Other: $0
Where can I find the form 990 for Sylvan Lake Improvement Assoc?
Sylvan Lake Improvement Assoc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Sylvan Lake Improvement Assoc
The Sylvan Lake Improvement Association is a dedicated organization that strives to provide assistance, promote wildlife conservation, and enhance natural beauty and recreational opportunities for its members. With a clear mission to focus on these areas exclusively, the Association works tirelessly to ensure the preservation of the lake and its surrounding environment.
One of the key initiatives taken by the Sylvan Lake Improvement Association is the implementation of measures to control weeds and maintain water quality. These efforts are aimed at preventing potential issues that may arise from the presence of unwanted vegetation and poor water quality. The Association's commitment to this cause ensures that the lake remains a pristine and inviting destination for its members to enjoy.
Moreover, the Sylvan Lake Improvement Association is deeply invested in the conservation of wildlife within and around the lake. Through various initiatives, the organization seeks to protect and preserve the delicate ecosystem, allowing both native and visiting wildlife to thrive. This dedication to wildlife conservation not only benefits the natural world but also adds to the overall charm and allure of the lake for its members.
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Impact
October, 2024
Sylvan Lake Improvement Association plays a vital role in enhancing wildlife conservation, preserving natural beauty, and promoting recreational opportunities in the Rome City area. Their efforts focus on weed and water quality control, which are crucial for maintaining a healthy ecosystem and preventing environmental issues. By actively engaging the community in these initiatives, the Association fosters a sense of responsibility and stewardship towards local natural resources, benefiting both the environment and the recreational experiences of its members. This collaborative approach not only helps sustain the area's wildlife and habitats but also ensures that residents and visitors can enjoy the beauty and serenity of Sylvan Lake in a well-preserved setting.
This information is meant to be a general summary of Sylvan Lake Improvement Assoc. 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 2022.
- Investment Income: $16,411
- Program Service Revenue: $12,463
- Gross Receipts: $2,360,482
Assets and Liabilities:
- Total Assets: $1,865,410
- Total Liabilities: $609
- Net Assets: $1,864,801
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SPECIAL ACTIVITIES
Revenue
$12,463
Organization Details
Founding Year
1908
Principal Officer
Vicky Fiandt
Main Address
PO BOX 696, ROME CITY, IN, 46784
NTEE Category
Code: D300 - Animals
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