Hermit Lakes Recreation Inc

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

EIN: 840578720 ✦ Monte vista, CO ✦ Designated as a 501(c)(7)

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Overview

What is Hermit Lakes Recreation Inc?

Hermit Lakes Recreation Inc, headquartered at PO Box 110, Monte Vista, Colorado, is a modest nonprofit organization with a mission to offer fishing and recreational activities for its members and guests. With a small team of just two individuals, this organization is dedicated to providing enjoyable experiences within its community. The organization's primary focus is to create an environment where members and guests can enjoy their leisure time, fostering a sense of camaraderie and shared enjoyment.

Is Hermit Lakes Recreation Inc legitimate?

Hermit Lakes Recreation Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Hermit Lakes Recreation 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: $53,883

For more financial information, click here

What is the mission statement of Hermit Lakes Recreation Inc?

Hermit Lakes Recreation Inc is committed to offering fishing and recreational activities for its members and guests. This mission is carried out by providing an environment where individuals can enjoy these pastimes. The organization focuses on creating opportunities for both members and non-members to engage in these activities, fostering a sense of community and leisure. The provision of fishing and recreational facilities is a key part of Hermit Lakes Recreation Inc's mission, aiming to cater to the interests and needs of its constituents.

Who is the CEO of Hermit Lakes Recreation Inc?

Keith Walker is the President of Hermit Lakes Recreation Inc.

What is the revenue of Hermit Lakes Recreation Inc?

Hermit Lakes Recreation Inc's revenue in 2023 was $221,800.

Who are the executives of Hermit Lakes Recreation Inc and what are their salaries?

The average compensation at Hermit Lakes Recreation Inc during 2023 was $26,942. There are 2 employees at Hermit Lakes Recreation Inc.


Here are 5 key members and their salaries:


Sherry Scaggiari (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robin Clutter (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Mark Jester (At-Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Larsen (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Keith Walker (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Hermit Lakes Recreation Inc?

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

Mission Statement of Hermit Lakes Recreation Inc

Hermit Lakes Recreation Inc, as its mission statement suggests, is dedicated to providing fishing and recreational activities for its members and guests. This nonprofit organization focuses on creating an environment where individuals can enjoy outdoor activities, with fishing being a significant part of its offerings. By offering these recreational opportunities, Hermit Lakes Recreation Inc aims to foster a sense of community and enjoyment among its members and guests.

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Impact




October, 2024

Hermit Lakes Recreation Inc significantly enhances the quality of life in Monte Vista, CO, by offering access to fishing and recreational activities for its members and guests. The organization fosters a strong community spirit while providing a space for outdoor enjoyment that promotes health and well-being. By prioritizing recreational opportunities, Hermit Lakes contributes to local tourism and economic activity, encouraging outdoor enthusiasts to explore the natural beauty of the area. Furthermore, the emphasis on fishing and recreation draws attention to conservation efforts, helping to preserve local ecosystems for future generations. Overall, Hermit Lakes Recreation Inc plays a vital role in promoting leisure, community engagement, and environmental stewardship.




This information is meant to be a general summary of Hermit Lakes Recreation 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
$221,800 (2023)
Expenses
$166,861 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $126
  • Program Service Revenue: $207,400
  • Gross Receipts: $221,800

Assets and Liabilities:

  • Total Assets: $2,015,676
  • Total Liabilities: $1,428
  • Net Assets: $2,014,248

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Programs

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

Membership Dues & Assessments

Revenue

$207,400

Organization Details

Founding Year

1927

Principal Officer

Keith Walker

Main Address

PO BOX 110, MONTE VISTA, CO, 81144

NTEE Category

Code: N61 - Recreation

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