NonprofitsLake Region Corporation

Lake Region Corporation

DEVILS LAKE, ND

Total revenue

$10.4M

Total expenses

$10.1M

Net assets

$4.7M

Grants received

$61K

9 grants

EIN

450383900

Tax year

2024

Mission

Providing support for people in achieving success in their life and their community.

Programs

2 programs

The Organization has a daycare that we provide for Devils Lake area residents that has 51 children enrolled in it.

Expenses: $568K

The organization has an Aging Home that provides support for up to 4 individuals.

Expenses: $613K

Financials

FY 2024

Revenue

Contributions & grants$6K
Program service revenue$10.4M
Investment income$12K
Other revenue$4K
Total revenue$10.4M

Expenses

Grants paid$4K
Salaries & benefits$8.8M
Fundraising
Other expenses$1.3M
Total expenses$10.1M
Total assets$6.1M
Net assets$4.7M

People

11 listed

NameRoleCompensation

Jeffry Jacobson

CEO (To Feb '25)

Board

$147K

40 hrs/wk

Sandra Svedberg

CFO

Board

$106K

40 hrs/wk

Alyssa Tofsrud

Executive Director (From Feb '25)

Board

$94K

40 hrs/wk

Allyson Ternes

Board Member

Board

$450

1 hrs/wk

Peggy Peters

Secretary

Board

$450

1 hrs/wk

David Oehlke

Vice President

Board

$450

1 hrs/wk

Paulette Paulson

Board Member

Board

$300

1 hrs/wk

Morgan Fee

President

Board

$300

1 hrs/wk

Julie Sandbakken

Board Member

Board

$225

1 hrs/wk

Kari Kopp

RC

Staff

$113K

40 hrs/wk

Jennifer Parisien

COO

Staff

$106K

40 hrs/wk

Grants received

Showing 9 of 9

FromAmountPurposeYear
$13K
NPA TRAINING VOUCHERS, TRAINING, COMPLIANCE, & CERTIFICATION GRANT
2023
$8K
ERS GRANT
2021
$6K
To provide food pantries with food to distribute to individuals
2021
$8K
CARE OF ILL, NEEDY, OR MINOR
2020
$6K
To provide food pantries with food to distribute to individuals
2020
$5K
To provide food pantries with food to distribute to individuals
2019
$3K
To provide food pantries with food to distribute to individuals
2019
$7K
To provide food pantries with food to distribute to individuals
2018
$5K
To provide food pantries with food to distribute to individuals.
2017

Funded by

$61K from 3 funders · 9 grants · 2017–2023

Great Plains Food Bank

$33K · 6 grants · 2017–2021

Sourceamerica

$20K · 2 grants · 2021–2023

Details

EIN450383900
Subsection03
Ruling date1985-03
Formed1983
Employees201
Volunteers0
LAKE REGION CORPORATION — Mission, Financials & Grants Received | Grantivo