Veterans On The Lake Resort

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

EIN: 411439548 ✦ Ely, MN ✦ Designated as a 501(c)(3)

Shop smarter and support your favorite cause at the same time! With the Give Freely browser extension, you'll automatically save money with coupons, and partner stores will donate to your chosen charity - at no extra cost to you. Start giving back with a single click. It's safe, free, and spam-free, guaranteed!

Overview

What is Veterans On The Lake Resort?

Veterans On The Lake Resort is a nonprofit organization situated in Ely, Minnesota, at 161 Fernberg Road. Their primary mission is to provide a conducive environment for disabled veterans, as well as disabled members of the general public, along with their families. This is achieved through offering lodging, recreational, and various sporting activities. The resort's services aim to cater to the needs of these individuals, enabling them to enjoy a relaxing and rejuvenating experience. With a team of 22 dedicated employees, Veterans On The Lake Resort ensures a supportive and inclusive atmosphere where these groups can connect, unwind, and indulge in recreational activities.


Official website here: www.veteransonthelake.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 73%, Two-Star out of Four Star rating

Veterans On The Lake Resort holds a two-star rating from Charity Navigator, indicating areas for improvement in accountability and financial transparency. The organization has a robust independent board structure with 100% of its members independent. However, it lacks essential financial statements and documentation policies, which can impact overall transparency.

User feedback from Great Nonprofits reflects a positive perception of the organization, highlighting it as a great getaway for veterans looking to escape the hustle of city life. Reviews praise the resort's peaceful environment and the dedication of the team involved in serving veterans.

Despite its strengths in program expense allocation, with an impressive 97.36% of expenses directed towards its programs, the absence of key financial documentation may raise concerns among potential donors. Moving forward, enhancing financial accountability could strengthen the organization's overall rating and trustworthiness within the community.


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

Is Veterans On The Lake Resort legitimate?

Veterans On The Lake Resort is a legitimate nonprofit organization registered as a 501(c)(3) entity. Veterans On The Lake Resort 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: $169,493

For more financial information, click here


Official website here: www.veteransonthelake.org

What is the mission statement of Veterans On The Lake Resort?

The mission of Veterans On The Lake Resort is centered around providing resort services. This mission extends to disabled veterans, disabled members of the public, and their families. The resort aims to offer a range of facilities and activities, including lodging and recreational opportunities, to cater to their needs. The primary objective is to create an environment that allows these individuals to relax and enjoy their time, fostering a sense of community and support. The resort strives to make its services accessible and enjoyable for all, promoting a sense of well-being and camaraderie among its guests.


Official website here: www.veteransonthelake.org

Who is the CEO of Veterans On The Lake Resort?

Unavailable


Official website here: www.veteransonthelake.org

What is the revenue of Veterans On The Lake Resort?

Veterans On The Lake Resort's revenue in 2022 was $1,332,959.


Official website here: www.veteransonthelake.org

Who are the executives of Veterans On The Lake Resort and what are their salaries?

The average compensation at Veterans On The Lake Resort during 2022 was $7,704. There are 22 employees and 50 volunteers at Veterans On The Lake Resort.


Here are 10 key members and their salaries:


Steve Saari (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tony Rechichi (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nathan Burr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Erik Johnson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gene Demko (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Forsman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Curt Mcsweyn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Mayanen (Chaieman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Pope (Vice Chairmansecretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathy Brandau (Treasuer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.veteransonthelake.org

Where can I find the form 990 for Veterans On The Lake Resort?

Veterans On The Lake Resort's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.veteransonthelake.org

Learn more at the official website: www.veteransonthelake.org

Mission Statement of Veterans On The Lake Resort

Veterans On The Lake Resort, a distinguished entity, is dedicated to providing resort services for disabled veterans, disabled members of the public, and their families. Its mission is centered around offering lodging, recreational, and various sporting activities, aiming to create an enjoyable and relaxing experience for those in need. The resort serves as a sanctuary where individuals can unwind and engage in activities tailored to their abilities. By providing these services, Veterans On The Lake Resort contributes to the well-being and happiness of disabled veterans and their families, offering them a much-deserved break from their daily challenges.

Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!

Impact




July, 2024

Veterans On The Lake Resort provides vital resort services to disabled veterans, disabled members of the public, and their families. Through offering lodging, recreational, and other sporting activities, this organization creates a supportive environment for those who have sacrificed for their country. By catering specifically to the needs of disabled individuals and their families, the resort helps enhance the quality of life for this demographic, fostering a sense of community and belonging. The impact of Veterans On The Lake Resort goes beyond leisure and recreation; it plays a significant role in providing much-needed support and respite for those who have served their country.




This information is meant to be a general summary of Veterans On The Lake Resort. 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
$1,332,959 (2022)
Expenses
$357,615 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $565
  • Program Service Revenue: $284,285
  • Gross Receipts: $1,344,148

Assets and Liabilities:

  • Total Assets: $1,411,406
  • Total Liabilities: $0
  • Net Assets: $1,411,406

Want to help this charity, for free? You can click here to learn more about Give Freely

Programs

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

REFUNDS

Revenue

$777

BOAT AND MOTOR RENTS

Revenue

$24,437

CABIN RENTALS

Revenue

$259,071

Organization Details

Founding Year

1982

Main Address

161 FERNBERG ROAD, ELY, MN, 55731

NTEE Category

Code: W30 - Public benefit

If you are a representative of Veterans On The Lake Resort and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.