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Shafer & Freeman Lakes Environmental Conservation Corp

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

EIN: 351863827 ✦ Monticello, IN ✦ Designated as a 501(c)(3)

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Overview

What is Shafer & Freeman Lakes Environmental Conservation Corp?

Shafer & Freeman Lakes Environmental Conservation Corp is a nonprofit organization dedicated to the well-being and enhancement of the Shafers and Freeman Lakes. Located in Monticello, Indiana, the organization takes on initiatives such as lake cleanup projects and silt removal activities, primarily benefiting the communities in White and Carroll counties. Their mission is to ensure the lakes' health and beauty for public enjoyment. To keep the public informed, they publish a bi-monthly newsletter with regular updates on their ongoing endeavors. The organization currently employs 8 individuals.


Official website here: www.sflecc.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement

Shafer & Freeman Lakes Environmental Conservation Corp has received a Two-Star out of Four Star rating from Charity Navigator, with an overall score of 71%. The organization's accountability and finance practices show some strengths, such as having a majority of independent board members and a solid liabilities to assets ratio. However, significant weaknesses are noted in the financial statements and transparency, as evidenced by a lack of publicly accessible financial documents and a poor score in document retention policies.

The organization demonstrates a commitment to governance, possessing appropriate conflict of interest and whistleblower policies. However, the low scores in financial documentation indicate a need for improvement in transparency and financial reporting. This could impact potential donors' trust and willingness to contribute, as clarity in financial operations is a critical factor for many when choosing to support a nonprofit.

Overall, while the organization has some strong governance practices in place, the glaring deficiencies in financial transparency and reporting suggest that Shafer & Freeman Lakes Environmental Conservation Corp has significant areas to address to enhance its credibility and effectiveness in fundraising and community engagement.


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

Is Shafer & Freeman Lakes Environmental Conservation Corp legitimate?

Shafer & Freeman Lakes Environmental Conservation Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Shafer & Freeman Lakes Environmental Conservation Corp 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: $76,064
Professional Fundraising Fees: $0
Other Salaries and Wages: $203,152

For more financial information, click here


Official website here: www.sflecc.com

What is the mission statement of Shafer & Freeman Lakes Environmental Conservation Corp?

The Shafer & Freeman Lakes Environmental Conservation Corp is dedicated to promoting the well-being and enhancement of the lakes for the public benefit. Their mission encompasses various activities aimed at improving the lakes, including lake cleanup projects and silt removal. The organization's efforts are geared towards benefiting the general public, as evidenced by their bi-monthly newsletter that keeps the public informed with regular updates.


Official website here: www.sflecc.com

Who is the CEO of Shafer & Freeman Lakes Environmental Conservation Corp?

Gabrielle Haygood is the Exec Directo of Shafer & Freeman Lakes Environmental Conservation Corp.


Official website here: www.sflecc.com

What is the revenue of Shafer & Freeman Lakes Environmental Conservation Corp?

Shafer & Freeman Lakes Environmental Conservation Corp's revenue in 2022 was $599,903.


Official website here: www.sflecc.com

Who are the executives of Shafer & Freeman Lakes Environmental Conservation Corp and what are their salaries?

The average compensation at Shafer & Freeman Lakes Environmental Conservation Corp during 2022 was $34,902. There are 8 employees and 15 volunteers at Shafer & Freeman Lakes Environmental Conservation Corp.


Here are 16 key members and their salaries:


Gabrielle Haygood (Exec Directo)
  • Compensation: $76,064
  • Related: $0
  • Other: $0
Lee Anderson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Bechtel (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Dion (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Engler (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marie Green (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dave Hardy (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lindy Karberg (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tracey Linder (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ed Lucy (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Todd Lemen (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joel Stiller (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rick Sweet (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rick Stetler (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carrie Woodruff (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jack Werner (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.sflecc.com

Where can I find the form 990 for Shafer & Freeman Lakes Environmental Conservation Corp?

Shafer & Freeman Lakes Environmental Conservation Corp's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.sflecc.com

Learn more at the official website: www.sflecc.com

Mission Statement of Shafer & Freeman Lakes Environmental Conservation Corp

Shafer & Freeman Lakes Environmental Conservation Corp is a non-profit organization dedicated to the welfare and enhancement of the Shafers and Freemans Lakes for the benefit of the public. The mission of this organization revolves around improving and maintaining the health and cleanliness of these lakes for the general public.

Specifically, the organization conducts regular lake cleanup projects and silt removal activities. These initiatives aim to ensure that the lakes remain clean and safe for the public to enjoy, benefiting residents of White and Carroll Counties.

To keep the community informed about its efforts and updates, Shafer & Freeman Lakes Environmental Conservation Corp publishes a bi-monthly newsletter. This newsletter serves as a means to share information about the organization's activities and progress, fostering transparency and engagement with the public.

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Impact




July, 2024

Shafer & Freeman Lakes Environmental Conservation Corp's impact is significant in promoting the welfare and enhancement of the Shafer and Freeman Lakes for the public benefit. Through their activities such as lake cleanup projects and silt removal efforts, they contribute to the improved environmental health of the lakes, benefiting the general public in White and Carroll Counties. Additionally, their bi-monthly newsletter provides regular updates to the public, raising awareness and fostering community engagement in lake conservation efforts. The organization's focus on environmental preservation aligns with their mission to ensure the long-term sustainability and well-being of Shafer and Freeman Lakes.




This information is meant to be a general summary of Shafer & Freeman Lakes Environmental Conservation Corp. 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
$599,903 (2022)
Expenses
$490,493 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $2,964
  • Program Service Revenue: $396,748
  • Gross Receipts: $611,765

Assets and Liabilities:

  • Total Assets: $28,366,703
  • Total Liabilities: $1,136
  • Net Assets: $28,365,567

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

LICENSES/ENCROACHMENT FEE

Revenue

$396,748

Organization Details

Founding Year

1992

Principal Officer

Gabrielle Haygood

Main Address

PO BOX 372, MONTICELLO, IN, 47960

NTEE Category

Code: C320 - Environment

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