Overview
What is Greater Lake Sylvia Association Inc?
Greater Lake Sylvia Association Inc is a non-profit organization based in Annandale, Minnesota. Their primary mission is to preserve and enhance the water quality of Lake Sylvia. Specifically, they focus on monitoring boat launches into the lake to prevent the spread of aquatic invasive species, such as starry stonewort, into the lake and other water bodies. This proactive approach aims to protect the lake's ecosystem and maintain its overall health. The organization's activities may include providing educational resources, organizing clean-up events, and collaborating with local authorities to ensure the successful execution of their mission.
Official website here: www.lakesylvia.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76% (Three-Star out of Four Stars)
The Greater Lake Sylvia Association Inc has received a 76% rating from Charity Navigator, indicating a Three-Star status. This score reflects a strong emphasis on accountability and finance, which makes up the entirety of their evaluation. The organization demonstrates a solid commitment to governance, as indicated by having a fully independent board and no material diversion of assets.
However, the organization has notable limitations in its policies. Key governance documents such as a conflict of interest policy, whistleblower policy, and document retention and destruction policy are missing, which led to lower scores in those areas. Despite these shortcomings, the organization maintains a sound financial structure, evidenced by a high program expense ratio and a favorable liabilities to assets ratio.
Overall, while the Greater Lake Sylvia Association Inc shows strengths in oversight and financial health, addressing the gaps in their governance policies could enhance their accountability and improve their overall rating in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Greater Lake Sylvia Association Inc legitimate?
Greater Lake Sylvia Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Greater Lake Sylvia Association 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.
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Official website here: www.lakesylvia.org
What is the mission statement of Greater Lake Sylvia Association Inc?
The Greater Lake Sylvia Association Inc is committed to maintaining and improving the water quality of Lake Sylvia. To achieve this, they monitor boat launches into the lake to prevent the spreading of aquatic invasive species, notably starry stonewort, into the lake and other water bodies. Their mission emphasizes preserving the health and natural state of Lake Sylvia for future generations.
Official website here: www.lakesylvia.org
Who is the CEO of Greater Lake Sylvia Association Inc?
Russ Fortner is the President of Greater Lake Sylvia Association Inc.
Official website here: www.lakesylvia.org
What is the revenue of Greater Lake Sylvia Association Inc?
Greater Lake Sylvia Association Inc's revenue in 2022 was $112,925.
Official website here: www.lakesylvia.org
Who are the executives of Greater Lake Sylvia Association Inc and what are their salaries?
Here are 15 key members and their salaries:
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Official website here: www.lakesylvia.org
Where can I find the form 990 for Greater Lake Sylvia Association Inc?
Greater Lake Sylvia Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lakesylvia.org
Learn more at the official website: www.lakesylvia.org
Mission Statement of Greater Lake Sylvia Association Inc
The Greater Lake Sylvia Association Inc, a dedicated nonprofit organization, is committed to maintaining and enhancing the water quality of Lake Sylvia. Their primary mission is to safeguard the lake from the intrusion of aquatic invasive species, specifically starry stonewort. To achieve this, they meticulously monitor boat launches into the lake, aiming to prevent the spread of starry stonewort into other aquatic ecosystems. This vigilant effort by the Greater Lake Sylvia Association Inc not only protects the biodiversity of Lake Sylvia but also preserves the health of other water bodies by preventing the propagation of harmful species.
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Impact
June, 2024
Greater Lake Sylvia Association Inc's impact lies in their vigilant monitoring of boat launches into Lake Sylvia to prevent the spreading of aquatic invasive species, particularly the starry stonewart, into the lake. By actively working to maintain and improve the water quality of Lake Sylvia, this organization plays a crucial role in preserving the delicate ecosystem of the lake and ensuring the health of its waters. Their efforts help protect the local environment and contribute to the sustainability of the surrounding natural resources.
This information is meant to be a general summary of Greater Lake Sylvia Association 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $3,675
- Gross Receipts: $123,039
Assets and Liabilities:
- Total Assets: $579,685
- Total Liabilities: $0
- Net Assets: $579,685
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Organization Details
Founding Year
1975
Phone
(952) 250-7979Principal Officer
Russ Fortner
Main Address
PO BOX 41, ANNANDALE, MN, 55302
Website
www.lakesylvia.orgNTEE Category
Code: C32 - Environment
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