Overview
What is Rainbow Lakes Maintenance Corporation?
Rainbow Lakes Maintenance Corporation (RLMC) is a nonprofit organization based in Perrinton, Michigan, specifically at 4353 Rainbow Lake Road. Their primary focus is maintaining the parks, beaches, and docks surrounding the two private lakes, Big Rainbow and Little Rainbow, located in Southern Gratiot County. This includes tending to the common grounds and a dam within the 1,200-acre natural homestead they oversee. Throughout the fiscal year ending July 31, 2022, RLMC served around 750 members and property owners by providing necessary maintenance and services. Additionally, they contribute to fish population by restocking the lakes and ensure weed control and security within the area. The dedicated team of 10 employees works tirelessly to preserve the beauty and functionality of the lake community.
Official website here: www.mirainbowlakes.com
Is Rainbow Lakes Maintenance Corporation legitimate?
Rainbow Lakes Maintenance Corporation is a legitimate nonprofit organization registered as a 501(c)(7) entity. Rainbow Lakes Maintenance Corporation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $57,334
For more financial information, click here
Official website here: www.mirainbowlakes.com
What is the mission statement of Rainbow Lakes Maintenance Corporation?
The Rainbow Lakes Maintenance Corporation's mission is centered around maintaining the natural homestead encompassing two lakes, Big Rainbow and Little Rainbow, located in Michigan. Their primary responsibilities include overseeing the upkeep of beach areas, common grounds, and even a dam. The corporation is also tasked with maintaining docks and a beach house, restocking fish in the private lakes, and ensuring weed control. Furthermore, they provide security for the corporation's members and property owners, serving approximately 750 of them annually. In essence, Rainbow Lakes Maintenance Corporation is committed to preserving and maintaining the pristine beauty of the lakeside property, enhancing the experience for its members.
Official website here: www.mirainbowlakes.com
What is the revenue of Rainbow Lakes Maintenance Corporation?
Rainbow Lakes Maintenance Corporation's revenue in 2024 was $174,773.
Official website here: www.mirainbowlakes.com
Who are the executives of Rainbow Lakes Maintenance Corporation and what are their salaries?
The average compensation at Rainbow Lakes Maintenance Corporation during 2024 was $5,733. There are 10 employees and 9 volunteers at Rainbow Lakes Maintenance Corporation.
Here are 9 key members and their salaries:
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Official website here: www.mirainbowlakes.com
Where can I find the form 990 for Rainbow Lakes Maintenance Corporation?
Rainbow Lakes Maintenance Corporation's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.mirainbowlakes.com
Learn more at the official website: www.mirainbowlakes.com
Mission Statement of Rainbow Lakes Maintenance Corporation
Rainbow Lakes Maintenance Corporation, in its mission, is dedicated to maintaining the natural homestead encompassing two lakes, Big Rainbow and Little Rainbow, located in southern Gratiot County, Michigan. This encompasses maintaining the beaches, common grounds, and even the dam within the 1,200-acre area. The organization's primary objectives include providing upkeep for the parks and beaches, ensuring the condition of the docks and beach house, stocking fish in the private lakes, and implementing weed control measures. Additionally, Rainbow Lakes Maintenance Corporation ensures the security of the property owners and members of the corporation, serving approximately 750 members in the fiscal year ending July 31, 2022.
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Impact
October, 2024
Rainbow Lakes Maintenance Corporation plays a vital role in maintaining the natural beauty and recreational opportunities of 1,200 acres surrounding Big Rainbow and Little Rainbow Lakes in southern Gratiot County, Michigan. By ensuring the upkeep of parks, beaches, and docks, the organization enhances the quality of life for approximately 750 members and property owners in the community.
The corporation is responsible for key activities such as maintaining beach areas, managing common grounds, and overseeing the upkeep of a dam, which together contribute to the safety and enjoyment of the local environment. Through initiatives like fish restocking and weed control in the lakes, it supports a vibrant aquatic ecosystem, promoting fishing and other recreational activities that attract visitors and residents alike.
By providing security and maintaining shared spaces, Rainbow Lakes Maintenance Corporation fosters a sense of community among its members, creating a safe and enjoyable environment for families and individuals who cherish the natural surroundings. Its commitment to community improvement not only preserves the local landscape but also enriches the experience of those who live in and visit the area.
This information is meant to be a general summary of Rainbow Lakes Maintenance Corporation. 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 2024.
- Investment Income: $1,545
- Program Service Revenue: $173,480
- Gross Receipts: $175,025
Assets and Liabilities:
- Total Assets: $632,846
- Total Liabilities: $84
- Net Assets: $632,762
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MAINTENANCE FEES
Revenue
$126,971
BOAT STORAGE FEES
Revenue
$19,652
MISCELLANEOUS
Revenue
$4,294
EVENTS
Revenue
$22,563
Organization Details
Founding Year
1985
Principal Officer
Gil Barish
Website
www.mirainbowlakes.comNTEE Category
Code: S00 - Community improvement
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