NonprofitsLake Area Foundation Inc

Community Foundations

Lake Area Foundation Inc

RUSSELL SPGS, KY

Total revenue

$173K

Total expenses

$160K

Net assets

$1.7M

Grants received

$56K

1 grants

EIN

461333280

Tax year

2024

Mission

The mission of the organization is to encourage philanthropic giving by providing an accessible means for contributions to be made to permanent endowments that benefit charitable concerns related to community and economic development, education, health and human services, the arts, public recreation, and civic beautification.

Financials

FY 2024

Revenue

Contributions & grants$135K
Program service revenue
Investment income$38K
Other revenue
Total revenue$173K

Expenses

Grants paid$37K
Salaries & benefits
Fundraising
Other expenses$122K
Total expenses$160K
Total assets$1.7M
Net assets$1.7M

People

7 listed

NameRoleCompensation

MATTHEW HOPPER

PRESIDENT

Board

1 hrs/wk

JOSH MYERS

SECRETARY

Board

1 hrs/wk

SHARON PAYNE

VICE PRESIDENT

Board

1 hrs/wk

LINDA STEPHENS

TREASURER

Board

1 hrs/wk

SHARON PAYNE

DIRECTOR

Board

1 hrs/wk

KENNY RAMSEY

DIRECTOR

Board

1 hrs/wk

HAZEL SMITH

DIRECTOR

Board

1 hrs/wk

Grants received

Showing 1 of 1

FromAmountPurposeYear
$56K
PUBLIC, SOCIETAL BENEFIT
2020

Funded by

$56K from 1 funder · 1 grant · 2020

Details

EIN461333280
NTEE codeT31
Subsection03
Ruling date2014-02
Formed2012
Employees0
Volunteers0
LAKE AREA FOUNDATION INC — Mission, Financials & Grants Received | Grantivo