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Lake Erie Foundation

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

EIN: 813042803 ✦ Lakeside, OH ✦ Designated as a 501(c)(3)

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Overview

What is Lake Erie Foundation?

The Lake Erie Foundation is a nonprofit organization based in Lakeside, Ohio, with a focus on preserving the health of Lake Erie. This essential organization is dedicated to addressing issues such as harmful algae blooms in the western basin and dead zones in the central basin. They strive to advocate for the necessary resources to tackle these problems, assess water quality at public drinking water intakes, and work towards eliminating beach advisories for harmful algae and bacteria. Their mission is to ensure a healthy Lake Erie, providing drinkable water, opportunities for recreation, and edible fish, aiming for a thriving lake environment for present and future generations. The foundation operates with a team of three individuals.


Official website here: www.lakeeriefoundation.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 84% (Three-Star out of Four Stars)

The Lake Erie Foundation has earned a Three-Star rating from Charity Navigator, indicating a generally strong performance in its operations and governance. With a score of 83% in Accountability & Finance, the foundation demonstrates sound financial practices and governance, including a fully independent board and no reported material diversion of assets. The organization excels in transparency, with all required policies and documents readily available.

Strengths include a 100% score in both Culture & Community and Leadership & Adaptability, highlighting the foundation's commitment to collecting and utilizing feedback effectively. Additionally, their program expense ratio of 76.61% signifies that a significant portion of their funds is directed toward their programs and mission, reflecting their dedication to impactful community engagement.

However, while the foundation shows exemplary practices in many areas, it retains room for growth in its overall score. Continuous improvements in leadership dimensions could further enhance its effectiveness and community perception. Overall, the Lake Erie Foundation appears to be a well-managed nonprofit with a solid focus on accountability and community involvement.


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

Is Lake Erie Foundation legitimate?

Lake Erie Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lake Erie Foundation 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: $105,093

For more financial information, click here


Official website here: www.lakeeriefoundation.org

What is the mission statement of Lake Erie Foundation?

The Lake Erie Foundation strives to preserve the health of Lake Erie long-term, ensuring its water is safe for drinking, recreational activities, and consumption of fish. The organization is dedicated to addressing issues such as harmful algae blooms in the western basin and dead zones in the central basin. They aim to advocate for necessary resources to address these problems, assess water quality at public drinking water intakes, and work towards eliminating beach advisories for harmful algae and bacteria. Their mission is to maintain a clean, thriving Lake Erie for present and future generations.


Official website here: www.lakeeriefoundation.org

Who is the CEO of Lake Erie Foundation?

James Stouffer is the Secretary of Lake Erie Foundation.


Official website here: www.lakeeriefoundation.org

What is the revenue of Lake Erie Foundation?

Lake Erie Foundation's revenue in 2022 was $944,951.


Official website here: www.lakeeriefoundation.org

Who are the executives of Lake Erie Foundation and what are their salaries?

The average compensation at Lake Erie Foundation during 2022 was $35,031. There are 3 employees at Lake Erie Foundation.


Here are 12 key members and their salaries:


Lee Alexakos (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ken Alvey (Board Of Dir)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew V Fisher (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Fletcher (Board Of Dir)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rick Graham (Board Of Dir)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Huston (Board Adviso)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Klein (Board Of Dir)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Lipaj (Board Of Dir)
  • Compensation: $0
  • Related: $0
  • Other: $0
Len Partin (Board Of Dir)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Winslow Phd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Stouffer (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ron Wyss (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.lakeeriefoundation.org

Where can I find the form 990 for Lake Erie Foundation?

Lake Erie Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.lakeeriefoundation.org

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

Mission Statement of Lake Erie Foundation

The Lake Erie Foundation, a dedicated nonprofit organization, is committed to ensuring the long-term health of Lake Erie. They strive to maintain the lake in a state that is safe for drinking, recreational activities, and consumption of fish. The foundation focuses on addressing issues such as harmful algae blooms in the western basin and dead zones in the central basin. To accomplish this, they aim to attract and advocate for the necessary resources to tackle these problems.

In their mission, the Lake Erie Foundation also monitors water quality at public drinking water intakes. They work tirelessly to eliminate beach advisories related to harmful algae and bacteria. By doing so, they aim to ensure that the lake remains a safe and enjoyable space for all. Overall, the Lake Erie Foundation is a vital force in the quest to preserve one of the Great Lakes, ensuring its continued health and usability for generations to come.

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Impact




June, 2024

Lake Erie Foundation's impact is focused on creating and maintaining a healthy Lake Erie, ensuring drinkable water, recreational contact, and edible fish for the community. By addressing issues such as harmful algae blooms in the Western Basin and dead zones in the Central Basin, the foundation advocates for resources to improve water quality. Their efforts include assessing water quality at public drinking water intakes and working towards eliminating beach advisories for harmful algae and bacteria. Through these initiatives, the Lake Erie Foundation plays a crucial role in protecting and preserving the ecosystem of Lake Erie for current and future generations.




This information is meant to be a general summary of Lake Erie Foundation. 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
$944,951 (2022)
Expenses
$229,972 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $625,742
  • Gross Receipts: $944,951

Assets and Liabilities:

  • Total Assets: $977,496
  • Total Liabilities: $4,509
  • Net Assets: $972,987

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Organization Details

Founding Year

2016

Principal Officer

James Stouffer

Main Address

236 WALNUT AVENUE, LAKESIDE, OH, 43440

NTEE Category

Code: C32 - Environment

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