Mount Massive Lakes Inc

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

EIN: 840272920 ✦ Leadville, CO ✦ Designated as a 501(c)(7)

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Overview

What is Mount Massive Lakes Inc?

Mount Massive Lakes Inc, a nonprofit based in Leadville, Colorado, with a postal address of PO Box 1981, primarily focuses on providing fishing opportunities for its 150 members and their guests. The organization manages 22 lakes, ensuring an ample fishing experience. They sustain their fish population by either purchasing eggs or raising fish from eggs. All revenue generated is utilized to cover the club's expenses. With a modest workforce of three individuals, Mount Massive Lakes Inc offers a unique recreational experience for its members and guests.


Official website here: www.mountmassivelakes.org

Is Mount Massive Lakes Inc legitimate?

Mount Massive Lakes Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Mount Massive Lakes Inc 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: $159,016

For more financial information, click here


Official website here: www.mountmassivelakes.org

What is the mission statement of Mount Massive Lakes Inc?

Mount Massive Lakes Inc, as a private fishing club, provides fishing opportunities on 22 lakes for the benefit of its 150 members and their guests. The organization procures or breeds fish from eggs for these fishing activities. The primary objective of Mount Massive Lakes Inc is to offer a fishing experience to its members and guests. All revenue generated is utilized to cover the club's expenses, ensuring the mission of providing fishing services remains operational.


Official website here: www.mountmassivelakes.org

Who is the CEO of Mount Massive Lakes Inc?

Shaun Mulligan is the President/Treas of Mount Massive Lakes Inc.


Official website here: www.mountmassivelakes.org

What is the revenue of Mount Massive Lakes Inc?

Mount Massive Lakes Inc's revenue in 2023 was $456,585.


Official website here: www.mountmassivelakes.org

Who are the executives of Mount Massive Lakes Inc and what are their salaries?

The average compensation at Mount Massive Lakes Inc during 2023 was $53,005. There are 3 employees and 35 volunteers at Mount Massive Lakes Inc.


Here are 7 key members and their salaries:


Shaun Mulligan (President/Treas)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Angleson (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andy Welch (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Anderson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Colin Perry (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Tinsley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shelly Jonasen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.mountmassivelakes.org

Where can I find the form 990 for Mount Massive Lakes Inc?

Mount Massive Lakes Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.mountmassivelakes.org

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

Mission Statement of Mount Massive Lakes Inc

Mount Massive Lakes Inc, as a private fishing club, is dedicated to providing fishing opportunities on 22 lakes for the benefit of its 150 members and their guests. The organization takes an active role in the procurement of fish, either by purchasing them from their source or raising them from eggs. This approach ensures a steady supply of fish for its members to enjoy their fishing activities. The revenue generated from these activities is utilized to cover the expenses, ensuring the club can continue fulfilling its mission of offering fishing experiences to its members and their guests.

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Impact




October, 2024

Mount Massive Lakes Inc significantly enhances recreational opportunities for its members and guests by providing access to 22 well-maintained lakes in a serene environment. The club's operations focus on raising and purchasing fish, ensuring a sustainable fishing experience that supports the local ecosystem while also catering to the interests of its 150 members. By fostering a community around fishing, the club not only promotes outdoor leisure but also encourages responsible fishing practices among its members. The funds generated through membership and activities are reinvested into the maintenance of the lakes and the overall fishing experience, demonstrating a commitment to quality and sustainability. This creates a vibrant recreational hub in Leadville, Colorado, that benefits both individuals and the local community.




This information is meant to be a general summary of Mount Massive Lakes Inc. 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
$456,585 (2023)
Expenses
$422,710 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $1,788
  • Program Service Revenue: $452,875
  • Gross Receipts: $456,585

Assets and Liabilities:

  • Total Assets: $883,232
  • Total Liabilities: $0
  • Net Assets: $883,232

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Programs

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

CAPITAL CONTRIBUTIONS

Revenue

$6,600

MEMBER RECEIPTS

Revenue

$446,275

Organization Details

Founding Year

1935

Principal Officer

Shaun Mulligan

Main Address

PO BOX 1981, LEADVILLE, CO, 80461

NTEE Category

Code: N61 - Recreation

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