Overview
What is Lake Agassiz Regional Council?
Lake Agassiz Regional Council is a nonprofit organization situated in Fargo, North Dakota. Their primary focus is on comprehensive planning and administration of Community Development Block Grants and other economic development assistance. In response to the impacts of COVID-19, they have expanded their outreach to businesses and communities within their region to better understand the effects and aid in the recovery process. With a small team of just two individuals, Lake Agassiz Regional Council is committed to contributing to the economic development and overall improvement of their community.
Official website here: www.lakeagassiz.com
Is Lake Agassiz Regional Council legitimate?
Lake Agassiz Regional Council is a legitimate nonprofit organization registered as a 501(c)(4) entity. Lake Agassiz Regional Council 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: $79,352
Professional Fundraising Fees: $0
Other Salaries and Wages: $47,645
For more financial information, click here
Official website here: www.lakeagassiz.com
What is the mission statement of Lake Agassiz Regional Council?
The Lake Agassiz Regional Council's mission is focused on providing community planning and economic development assistance. In essence, they oversee the comprehensive planning and administration of Community Development Block Grants and other economic development aid. To extend their reach, they initiated additional outreach, engaging with businesses and communities within their region, aiming to better comprehend the impacts of COVID-19 and aid entities in their recovery process.
Official website here: www.lakeagassiz.com
Who is the CEO of Lake Agassiz Regional Council?
Donald Litch is the Director of Lake Agassiz Regional Council.
Official website here: www.lakeagassiz.com
What is the revenue of Lake Agassiz Regional Council?
Lake Agassiz Regional Council's revenue in 2022 was $400,459.
Official website here: www.lakeagassiz.com
Who are the executives of Lake Agassiz Regional Council and what are their salaries?
The average compensation at Lake Agassiz Regional Council during 2022 was $63,498. There are 2 employees at Lake Agassiz Regional Council.
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- Compensation: $71,143
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- Other: $8,209
Official website here: www.lakeagassiz.com
Where can I find the form 990 for Lake Agassiz Regional Council?
Lake Agassiz Regional Council's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lakeagassiz.com
Learn more at the official website: www.lakeagassiz.com
Mission Statement of Lake Agassiz Regional Council
Lake Agassiz Regional Council is an organization dedicated to providing community planning and economic development assistance. Their mission encompasses the comprehensive planning and administration of Community Development Block Grants and other economic development assistance. This nonprofit aims to support businesses and communities within their region, working to understand the impacts of various situations, such as the COVID-19 pandemic, and helping entities recover from these challenges. Their efforts are geared towards promoting overall development and growth within their community.
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Impact
October, 2024
Lake Agassiz Regional Council significantly enhances community planning and economic development in its region. By administering community development block grants and facilitating various economic development initiatives, it aids local entities in their growth and recovery efforts, particularly in response to the impacts of COVID-19. The Council actively engages with businesses and communities to understand their needs and challenges, ensuring targeted support that fosters resilience and improvement. This comprehensive approach not only boosts economic stability but also enhances the overall quality of life for residents in the Fargo, ND area and beyond.
This information is meant to be a general summary of Lake Agassiz Regional Council. 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: $2,147
- Program Service Revenue: $141,042
- Gross Receipts: $400,459
Assets and Liabilities:
- Total Assets: $2,729,316
- Total Liabilities: $18,330
- Net Assets: $2,710,986
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADMINISTRATIVE FEES
Revenue
$69,059
LOAN INTEREST
Revenue
$61,889
APPLICATION FEES
Revenue
$10,094
Organization Details
Founding Year
1974
Phone
(701) 235-1197Principal Officer
Donald Litch
Main Address
417 MAIN AVENUE, FARGO, ND, 581031909
Website
www.lakeagassiz.comNTEE Category
Code: S30 - Community improvement
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