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Lake Superior Steelhead Association

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

EIN: 411573739 ✦ Duluth, MN ✦ Designated as a 501(c)(3)

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Overview

What is Lake Superior Steelhead Association?

The Lake Superior Steelhead Association is a Minnesota-based nonprofit organization, with a PO Box address in Duluth, dedicated to the restoration of the Knife River watershed, including its falls and surrounding habitat. This initiative aims to provide essential living conditions for migrating fish. The association's mission encompasses the promotion of steelhead trout and cold water fish through a combined program of hatchery development and protection of Lake Superior's fish populations. With a team of eight employees, they are committed to ensuring the well-being and growth of these valuable species.


Official website here: www.steelheads.org

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 76% (Three-Star out of Four Star rating)

The Lake Superior Steelhead Association received a Three-Star rating from Charity Navigator, indicating a fair level of performance in terms of accountability and finance. The organization excels in having a high percentage of independent board members and effectively manages its assets, showcasing its commitment to transparency and responsible governance.

However, the association has notable weaknesses, particularly in its lack of key policies such as a conflict of interest policy, whistleblower policy, and document retention policy. These missing elements could impact the organization's overall accountability and trustworthiness, despite its strong fiscal management and program expense ratio.

Overall, while the Lake Superior Steelhead Association demonstrates solid financial practices and a well-structured board, addressing the gaps in governance policies could enhance its credibility and effectiveness as a nonprofit organization.


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

Is Lake Superior Steelhead Association legitimate?

Lake Superior Steelhead Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lake Superior Steelhead 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: $75,469
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.steelheads.org

What is the mission statement of Lake Superior Steelhead Association?

The Lake Superior Steelhead Association aims to promote the propagation of steelhead trout and cold water fish through a combined program of hatchery development and protection. Their mission is centered around the preservation of Lake Superior's fish population. In addition to this, they work towards restoring necessary habitats for migrating fish, specifically in the Knife River Watershed, including the falls and surrounding areas. By implementing hatchery programs and habitat protection measures, the Lake Superior Steelhead Association strives to ensure the continued growth and survival of these fish species. Their efforts contribute to the overall health and biodiversity of Lake Superior's aquatic ecosystem.


Official website here: www.steelheads.org

Who is the CEO of Lake Superior Steelhead Association?

Mike Pitan is the Secretary/Gambling Mgr of Lake Superior Steelhead Association.


Official website here: www.steelheads.org

What is the revenue of Lake Superior Steelhead Association?

Lake Superior Steelhead Association's revenue in 2023 was $107,724.


Official website here: www.steelheads.org

Who are the executives of Lake Superior Steelhead Association and what are their salaries?

The average compensation at Lake Superior Steelhead Association during 2023 was $9,434. There are 8 employees at Lake Superior Steelhead Association.


Here are 8 key members and their salaries:


Kevin Bovee (Secretary/Gambling Mgr)
  • Compensation: $93,000
  • Related: $0
  • Other: $0
Mike Pitan (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Curt Wistrom (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Doug Dahl (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Keith Behn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Ek (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Siverson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Somrock (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.steelheads.org

Where can I find the form 990 for Lake Superior Steelhead Association?

Lake Superior Steelhead Association's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.steelheads.org

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

Mission Statement of Lake Superior Steelhead Association

The Lake Superior Steelhead Association (LSSA) is a dedicated organization with a mission to foster the propagation of steelhead trout and cold water fish in Lake Superior. Through a combined program of hatchery development and the protection of Lake Superior's fish population, the association strives to ensure the sustainability and growth of these aquatic species.

In their efforts to restore habitats essential for migrating fish, the LSSA focuses on the Knife River watershed, including the falls and surrounding areas. By providing necessary habitats, the organization seeks to contribute to the overall health and diversity of Lake Superior's fish ecosystem.

In summary, the Lake Superior Steelhead Association is on a mission to promote the reproduction and thrive of steelhead trout and cold water fish in Lake Superior. They accomplish this by developing hatcheries and working to protect the existing fish population. Their restoration initiatives in the Knife River watershed aim to create optimal conditions for migrating fish, ultimately contributing to the well-being of the lake's aquatic ecosystem.

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Impact




October, 2024

The Lake Superior Steelhead Association plays a crucial role in promoting the propagation of steelhead trout and cold water fish in the Lake Superior region. Through a multifaceted approach that includes hatchery development and habitat protection, the organization is dedicated to restoring the Knife River watershed. This restoration effort enhances the surrounding habitat, creating essential conditions for migrating fish species.

By focusing on both hatchery initiatives and natural habitat preservation, the association contributes significantly to the health and sustainability of fish populations, vital for the ecosystem and local fishing communities. Their work directly impacts water quality, fish migration patterns, and the overall biodiversity of the area, ensuring a thriving environment for steelhead trout and other cold water species. The association's mission elevates not only fish conservation but also fosters a deeper connection to the natural resources of the Lake Superior watershed, benefiting the local community and promoting ecological stewardship.




This information is meant to be a general summary of Lake Superior Steelhead 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
$107,724 (2023)
Expenses
$113,847 (2023)
Efficiency

Other financial information:

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

  • Program Service Revenue: $6,120
  • Gross Receipts: $1,955,662

Assets and Liabilities:

  • Total Assets: $140,135
  • Total Liabilities: $316
  • Net Assets: $139,819

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Programs

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

SPECIAL EVENTS

Revenue

$6,120

Organization Details

Founding Year

1975

Principal Officer

Mike Pitan

Main Address

PO Box 16034, DULUTH, MN, 558160034

NTEE Category

Code: D330 - Animals

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