Overview
What is Coon Lake Community & Senior Center?
The Coon Lake Community & Senior Center is a nonprofit organization located at 182 Forest Road, Wyoming, MN 55092. Its primary objective is to maintain a community center that serves the enjoyment of locals, offering activities suitable for both youth and seniors. Additionally, the center extends its services to other non-profit organizations within the community. The organization's expenses primarily cover utilities, office supplies, property and general insurance, building repairs, and upkeep. The center's assets and improvements are being depreciated over time. The organization has a workforce of six dedicated individuals committed to providing a vibrant space for the community.
Official website here: www.coonlakebeach.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83%, Three-Star out of Four Star rating.
Coon Lake Community & Senior Center has received a solid Three-Star rating from Charity Navigator, reflecting an overall score of 83%. This score is derived entirely from its accountability and finance practices, indicating a strong commitment to transparent and responsible management of funds. The organization excels in several areas, including having 100% of its board members being independent and maintaining no reported material diversion of assets.
The center's fiscal responsibility is highlighted by a program expense ratio of 76.64%, meaning the majority of its funds go directly to its programs. Additionally, it has demonstrated good governance practices by documenting board meeting minutes and listing its tax form on its website. However, the absence of a conflict of interest policy and a document retention and destruction policy are noted as areas for improvement, which could enhance the organization's accountability framework further.
This AI summary has been generated from information found on Charity Navigator.
Is Coon Lake Community & Senior Center legitimate?
Coon Lake Community & Senior Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Coon Lake Community & Senior Center 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: $8,470
For more financial information, click here
Official website here: www.coonlakebeach.org
What is the mission statement of Coon Lake Community & Senior Center?
The Coon Lake Community & Senior Center's mission is to preserve the facility for the benefit of the community, offering activities that cater to both the youth and senior populations, as well as supporting other local non-profit organizations. Its primary objective is to maintain the center, ensuring it remains a hub for community enjoyment and engagement. Additionally, the center provides various activities designed to engage and entertain its younger and older community members. The center also plays a role in supporting other non-profit organizations within the community. The center's operations involve covering general expenses like utilities, office supplies, insurance, and building repairs and maintenance. The improvements and current assets are subject to depreciation.
Official website here: www.coonlakebeach.org
What is the revenue of Coon Lake Community & Senior Center?
Coon Lake Community & Senior Center's revenue in 2024 was $55,545.
Official website here: www.coonlakebeach.org
Who are the executives of Coon Lake Community & Senior Center and what are their salaries?
The average compensation at Coon Lake Community & Senior Center during 2024 was $847. There are 10 employees and 200 volunteers at Coon Lake Community & Senior Center.
Here are 9 key members and their salaries:
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Official website here: www.coonlakebeach.org
Where can I find the form 990 for Coon Lake Community & Senior Center?
Coon Lake Community & Senior Center's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.coonlakebeach.org
Learn more at the official website: www.coonlakebeach.org
Mission Statement of Coon Lake Community & Senior Center
The Coon Lake Community & Senior Center is dedicated to preserving a space that caters to the enjoyment of the community at large. This non-profit organization goes beyond just maintaining the facility; it also offers a variety of activities tailored for both the youth and senior population. Furthermore, the center extends its services to other non-profit organizations within the community. Essentially, the Coon Lake Community & Senior Center serves as a hub for community engagement and recreational activities.
In fulfilling its mission, the center incurs costs associated with utilities, office supplies, insurance, and building repairs and upkeep. These expenses are essential for ensuring the center remains functional and welcoming to its diverse user base. The center also invests in improvements and current assets, which are subject to depreciation over time. In essence, the Coon Lake Community & Senior Center is committed to providing a vibrant and safe space for the community, facilitating activities, and supporting other non-profit organizations in the area.
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Impact
August, 2024
The Coon Lake Community & Senior Center plays a crucial role in enriching the lives of individuals in the Wyoming, MN area. By maintaining the center for the enjoyment of the community and providing activities for youth, seniors, and other nonprofit organizations, the center fosters a sense of community, support, and engagement among its residents. Through its dedication to offering a space for various activities and gatherings, the center contributes to the well-being and social fabric of the local community.
This information is meant to be a general summary of Coon Lake Community & Senior Center. 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: $23
- Program Service Revenue: $6,565
- Gross Receipts: $1,263,723
Assets and Liabilities:
- Total Assets: $431,684
- Total Liabilities: $0
- Net Assets: $431,684
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FACILITY & BUILDING REVENUE
Revenue
$6,565
Organization Details
Founding Year
1996
Principal Officer
George Fletcher
Website
www.coonlakebeach.orgNTEE Category
Code: P81Z - Human services
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