NonprofitsLake Area Improvement Corporation

Community Improvement & Capacity Building

Lake Area Improvement Corporation

MADISON, SD

Total revenue

$6.9M

Total expenses

$4.1M

Net assets

$9.0M

Grants received

$75K

6 grants

EIN

510183368

Tax year

2024

Mission

To enhance the quality of life for all citizens of the lake county area and to facilitate the development and retention of quality jobs that are environmentally and economically compatible for lake county.

Financials

FY 2024

Revenue

Contributions & grants$6.8M
Program service revenue$308K
Investment income$86K
Other revenue
Total revenue$6.9M

Expenses

Grants paid
Salaries & benefits$274K
Fundraising
Other expenses$3.9M
Total expenses$4.1M
Total assets$20.0M
Net assets$9.0M

People

16 listed

NameRoleCompensation

BROOKE ROLLAG

EXECUTIVE DI

Board

$174K

40 hrs/wk

JEFF BLOOM

DIRECTOR

Board

1 hrs/wk

ED FIEGEN

DIRECTOR

Board

1 hrs/wk

DR JOSE-MARIE GRIFFITHS

DIRECTOR

Board

1 hrs/wk

MIKE JASPERS

PRESIDENT EL

Board

1 hrs/wk

MIKE MALONE

SEC/TREASURE

Board

1 hrs/wk

TAMMY MILLER

DIRECTOR

Board

1 hrs/wk

DELON MORK

DIRECTOR

Board

1 hrs/wk

DAN ROEMEN

DIRECTOR

Board

1 hrs/wk

FLOYD RUMMEL

VICE PRESIDE

Board

1 hrs/wk

PAUL SCHULTZ

DIRECTOR

Board

1 hrs/wk

TERRY SCHULTZ

PAST PRESIDE

Board

1 hrs/wk

ERIC SINCLAIR

PRESIDENT

Board

1 hrs/wk

DENNIS SLAUGHTER

DIRECTOR

Board

1 hrs/wk

DUSTIN WILLIAMS

DIRECTOR

Board

1 hrs/wk

JERAE WIRE

DIRECTOR

Board

1 hrs/wk

Grants received

Showing 6 of 6

FromAmountPurposeYear
$20K
ECONOMIC DEVELOPMENT
2024
$13K
GENERAL SUPPORT
2023
$10K
ECONOMIC DEVELOPMENT
2023
$13K
GENERAL SUPPORT
2022
$10K
ECONOMIC DEVELOPMENT
2022
$10K
ECONOMIC DEVELOPMENT
2020

Funded by

$75K from 2 funders · 6 grants · 2020–2024

East River Electric Power

$50K · 4 grants · 2020–2024

Madison Community Hospital

$25K · 2 grants · 2022–2023

Details

EIN510183368
NTEE codeS30Z
Subsection03
Ruling date1992-10
Formed2003
Employees3
Volunteers15
LAKE AREA IMPROVEMENT CORPORATION — Mission, Financials & Grants Received | Grantivo