Lincoln Area Business Association

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

EIN: 411535892 ✦ Cushing, MN ✦ Designated as a 501(c)(6)

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 Lincoln Area Business Association?

The Lincoln Area Business Association is a nonprofit organization located in Cushing, Minnesota. With a modest team of three individuals, this association plays a vital role in promoting the local community. Their primary mission is to attract new businesses and boost tourism, thereby stimulating the local economy. By marketing the community effectively, they aim to enhance its appeal to potential investors and visitors, thereby contributing to its growth and development.


Official website here: www.lincolnlakes.com

Is Lincoln Area Business Association legitimate?

Lincoln Area Business Association is a legitimate nonprofit organization registered as a 501(c)(6) entity. Lincoln Area Business Association 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: $0

For more financial information, click here


Official website here: www.lincolnlakes.com

What is the mission statement of Lincoln Area Business Association?

The Lincoln Area Business Association's mission is centered around promoting its local community. This is achieved by marketing the area to potential new businesses and attracting tourists. By doing so, the association aims to enhance the economic growth and development of the community. It also serves to introduce the local area to a wider audience, thereby increasing its visibility and appeal. The association's activities are geared towards showcasing the community's unique offerings and attracting investments and visitors.


Official website here: www.lincolnlakes.com

Who is the CEO of Lincoln Area Business Association?

Herb Bloomquist is the Secretary of Lincoln Area Business Association.


Official website here: www.lincolnlakes.com

What is the revenue of Lincoln Area Business Association?

Lincoln Area Business Association's revenue in 2023 was -$17,507.


Official website here: www.lincolnlakes.com

Who are the executives of Lincoln Area Business Association and what are their salaries?

There are 3 employees at Lincoln Area Business Association.


Here are 4 key members and their salaries:


Cindy Brey (Secretary)
  • Compensation: $2,599
  • Related: $0
  • Other: $0
Herb Bloomquist (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peg Hartung (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Todd Krajsa (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.lincolnlakes.com

Where can I find the form 990 for Lincoln Area Business Association?

Lincoln Area Business Association's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.lincolnlakes.com

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

Mission Statement of Lincoln Area Business Association

The Lincoln Area Business Association's mission revolves around marketing the local community to potential new businesses and attracting tourists. This organization serves a crucial role in promoting the area, aiming to draw in new ventures and boost tourism. By doing so, the Lincoln Area Business Association contributes to the growth and development of the local community, ultimately benefiting its residents and businesses.

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




October, 2024

The Lincoln Area Business Association significantly enhances the local economy by marketing the Cushing community to potential new businesses and attracting tourists. By promoting local attractions and resources, it creates opportunities for economic growth, fosters community engagement, and boosts overall visibility. This marketing effort becomes a vital link between Cushing and external entities, driving interest and investment into the area. The association’s focus not only benefits tourists seeking new experiences but also encourages businesses to consider Cushing as a viable location, ultimately contributing to the economic vitality and sustainability of the community.




This information is meant to be a general summary of Lincoln Area Business Association. 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
-$17,507 (2023)
Expenses
$9,256 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $81
  • Program Service Revenue: $5,200
  • Gross Receipts: $3,471,292

Assets and Liabilities:

  • Total Assets: $71,535
  • Total Liabilities: $1,656
  • Net Assets: $69,879

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.

DUES

Revenue

$5,200

Organization Details

Founding Year

1978

Principal Officer

Herb Bloomquist

Main Address

PO BOX 8, CUSHING, MN, 56443

If you are a representative of Lincoln Area Business Association 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.