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Cedar Lake Park Preservation And Development Association

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

EIN: 411653031 ✦ New hope, MN ✦ Designated as a 501(c)(3)

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Overview

What is Cedar Lake Park Preservation And Development Association?

The Cedar Lake Park Preservation and Development Association is a nonprofit organization dedicated to the comprehensive enhancement and enrichment of Cedar Lake Park. Their primary objectives include studying the park, educating the public about its significance, and improving its aesthetics. To achieve these goals, they promote interest in the park's trails and urban commuting as part of their programs. By doing so, they aim to foster a deeper appreciation for the park and encourage sustainable, active transportation options.

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 1-Star out of Four Stars (50%)

Cedar Lake Park Preservation And Development Association has received a low rating of 50%, indicating significant areas of concern regarding its accountability and financial practices. The organization lacks independent board members, which places it at a disadvantage in terms of governance and oversight. Additionally, several essential policies, such as conflict of interest and whistleblower policies, are missing, which raises concerns about transparency and ethical standards.

Despite these limitations, the nonprofit demonstrates a commendable program expense ratio of 83.76%, suggesting that a significant portion of its resources is directed towards its mission-related activities. However, the absence of critical governance documents and policies may undermine stakeholder confidence in its operations. Moreover, the lack of a website listed on its tax form and the non-disclosure of meeting minutes further contribute to the negative perception of its accountability.

Overall, while Cedar Lake Park Preservation And Development Association shows a strong commitment to its programs, substantial improvements in governance practices and transparency are necessary for it to enhance its credibility and effectiveness as a nonprofit organization.


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

Is Cedar Lake Park Preservation And Development Association legitimate?

Cedar Lake Park Preservation And Development Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cedar Lake Park Preservation And Development 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

What is the mission statement of Cedar Lake Park Preservation And Development Association?

The Cedar Lake Park Preservation and Development Association is dedicated to the betterment of Cedar Lake Park. Their mission involves studying, educating, and enhancing the park's aesthetics. They strive to foster curiosity in the park's trails and urban commuting as part of their programs, with an aim to promote interest and engagement within the community.

Who is the CEO of Cedar Lake Park Preservation And Development Association?

Keith Prussing is the President of Cedar Lake Park Preservation And Development Association.

What is the revenue of Cedar Lake Park Preservation And Development Association?

Cedar Lake Park Preservation And Development Association's revenue in 2022 was $1,925.

Who are the executives of Cedar Lake Park Preservation And Development Association and what are their salaries?


Here are 5 key members and their salaries:


Keith Prussing (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Neil Trembley (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeanette Colby (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Meredith Montgomery (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Klopp (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Cedar Lake Park Preservation And Development Association?

Cedar Lake Park Preservation And Development Association's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Cedar Lake Park Preservation And Development Association

The Cedar Lake Park Preservation and Development Association is a dedicated organization that focuses on enhancing the beauty and promoting the interest of Cedar Lake Park. Their mission lies in studying, educating, and beautifying the park, with a particular emphasis on the trails and urban commuting. Through their programs, they aim to stir up curiosity and encourage environmentally-friendly transportation options within the park.

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Impact




June, 2024

The Cedar Lake Park Preservation and Development Association has made a significant impact by studying, educating, and beautifying Cedar Lake Park in New Hope, MN. Through their programs, they promote interest in Cedar Lake Park trails and urban commuting, contributing to the preservation and enhancement of this natural environment. Their work not only beautifies the park but also raises awareness about environmental conservation and sustainable commuting practices.




This information is meant to be a general summary of Cedar Lake Park Preservation And Development 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
$1,925 (2022)
Expenses
$5,188 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $718
  • Gross Receipts: $1,925

Assets and Liabilities:

  • Total Assets: $144,090
  • Total Liabilities: $0
  • Net Assets: $144,090

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Organization Details

Principal Officer

Keith Prussing

Main Address

8116 38th Ave N, New Hope, MN, 55427

NTEE Category

Code: C500 - Environment

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