Nonprofit · EIN 39-1836415
LAKE PARK FRIENDS LTD
Tax-exempt · MILWAUKEE, WI 53211
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $345,520 | $256,845 | $88,675 | $1,144,172 | $887 | $1,143,285 |
| December 31, 2024 | 990 | $413,112 | $291,474 | $121,638 | $1,056,147 | $1,537 | $1,054,610 |
| December 31, 2023 | 990 | $261,249 | $208,565 | $52,684 | $884,427 | $0 | $884,427 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $234,695
- Membership dues
- $22,060
- Program service revenue
- $24,000
- Investment income
- $68,412
- Net income from fundraising events
- $18,413
- Other revenue
- $18,413
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $26,472
- Salaries, compensation and benefits (total)
- $28,238
- Professional fundraising fees
- $0
- Accounting fees
- $8,001
- Program services (functional)
- $231,822
- Management and general (functional)
- $22,115
- Fundraising (functional)
- $2,908
Balance sheet and other
- Total assets, start of year
- $1,056,147
- Total assets, end of year
- $1,144,172
- Total liabilities, end of year
- $887
- Net assets, end of year
- $1,143,285
- Publicly traded securities
- $440,648
- Net assets without donor restrictions
- $461,276
- Net assets with donor restrictions
- $682,009
- Gross receipts
- $358,027
- Employees
- 1
- Volunteers
- 75
- Year formed
- 2002
- State of legal domicile
- WI
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ANN WOLMER | ADMINISTRATOR Officer | 20 | $26,472 |
| ANNE HAMILTON | PRESIDENT Trustee or director, Officer | 2 | $0 |
| HERSH KUMBHANI | TREASURER Trustee or director, Officer | 2 | $0 |
| CATHY JAKICIC | SECRETARY Trustee or director, Officer | 2 | $0 |
| SHARON BOELDT | VP DEVELOPMENT Trustee or director, Officer | 2 | $0 |
| NATHANIEL BLAZ | DIRECTOR Trustee or director | 2 | $0 |
| ROEMEL BROWN | DIRECTOR Trustee or director | 2 | $0 |
| JOHN EASTBERG | DIRECTOR Trustee or director | 2 | $0 |
| NIDHI KASHYAP | DIRECTOR Trustee or director | 2 | $0 |
| KEVIN KEEFE | DIRECTOR Trustee or director | 2 | $0 |
| JOAN KRESS | DIRECTOR Trustee or director | 2 | $0 |
| STEPHEN LOPES | DIRECTOR Trustee or director | 2 | $0 |
| DOREEN STOLLER | DIRECTOR Trustee or director | 2 | $0 |
| NADINE WESKE | DIRECTOR Trustee or director | 2 | $0 |
| ANNYSA JOHNSON | ROTATED OFF BOARD DEC 2025 Trustee or director, Officer | 2 | $0 |
2 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DONALD CRAMER | ROTATED OFF BOARD MAY 2025 Trustee or director, Officer | 2 | $0 |
| BRENDA WOOD | ROTATED OFF BOARD MAY 2025 Trustee or director, Officer | 2 | $0 |
990 for the year ended December 31, 2024: 16 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ANN WOLMER | ADMINISTRATOR Officer | 20 | $22,153 |
| ANNE HAMILTON | PRESIDENT Trustee or director, Officer | 2 | $0 |
| DONALD CRAMER | TREASURER Trustee or director, Officer | 2 | $0 |
| CATHY JAKICIC | SECRETARY Trustee or director, Officer | 2 | $0 |
| ANNYSA JOHNSON | VP COMMUNICATIONS Trustee or director, Officer | 2 | $0 |
| BRENDA WOOD | VP ADMIN & MEMBERSHIP Trustee or director, Officer | 2 | $0 |
| SHARON BOELDT | VP DEVELOPMENT Trustee or director, Officer | 2 | $0 |
| NATHANIEL BLAZ | DIRECTOR Trustee or director | 2 | $0 |
| ROEMEL BROWN | DIRECTOR Trustee or director | 2 | $0 |
| JOHN EASTBERG | DIRECTOR Trustee or director | 2 | $0 |
| NIDHI KASHYAP | DIRECTOR Trustee or director | 2 | $0 |
| KEVIN KEEFE | DIRECTOR Trustee or director | 2 | $0 |
| JOAN KRESS | DIRECTOR Trustee or director | 2 | $0 |
| HERSH KUMBHANI | DIRECTOR Trustee or director | 2 | $0 |
| STEPHEN LOPES | DIRECTOR Trustee or director | 2 | $0 |
| JAN UEBELHERR | DIRECTOR Trustee or director | 2 | $0 |
990 for the year ended December 31, 2023: 16 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ANN WOLMER | ADMINISTRATOR Officer | 20 | $20,607 |
| ANNE HAMILTON | PRESIDENT Trustee or director, Officer | 2 | $0 |
| DONALD CRAMER | TREASURER Trustee or director, Officer | 2 | $0 |
| CATHY JAKICIC | SECRETARY Trustee or director, Officer | 2 | $0 |
| JAN UEBELHERR | VP COMMUNICATIONS Trustee or director, Officer | 2 | $0 |
| BRENDA WOOD | VP MEMBERSHIP Trustee or director, Officer | 2 | $0 |
| SHARON BOELDT | VP DEVELOPMENT Trustee or director, Officer | 2 | $0 |
| NAT BLAZ | DIRECTOR Trustee or director | 2 | $0 |
| ROEMEL BROWN | DIRECTOR Trustee or director | 2 | $0 |
| ANNYSA JOHNSON | DIRECTOR Trustee or director | 2 | $0 |
| NIDHI KASHYAP | DIRECTOR Trustee or director | 2 | $0 |
| JOAN KRESS | DIRECTOR Trustee or director | 2 | $0 |
| HERSH KUMBHANI | DIRECTOR Trustee or director | 2 | $0 |
| STEPHEN LOPES | DIRECTOR Trustee or director | 2 | $0 |
| CAROLINE HOGAN | PAST DIRECTOR - ROTATED OFF IN 2023 Trustee or director | 2 | $0 |
| PETER COFFARO | PAST DIRECTOR - ROTATED OFF IN 2023 Trustee or director | 2 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 71197, MILWAUKEE, WI 53211-7297
- In care of
- % BRIAN DESPLAINES
- Principal officer (990 for 2025)
- HERSH KUMBHANI, PO BOX 71197, MILWAUKEE, WI 53211
- Signed the 990
- HERSH KUMBHANI, TREASURER
- Phone
- (414) 962-1680
- Website
- www.lakeparkfriends.org
- Return prepared by
- Krause & Associates SC
Mission
TO PROMOTE AND HELP MAINTAIN MILWAUKEES LAKE PARK
Program accomplishments
- MUSIC MONDAYS/WONDERFUL WEDNESDAYS - EVENTS HELD IN JUNE, JULY AND AUGUST. OFFERED TO THE PUBLIC AT NO CHARGE. HELD AT THE LAKE PARK PERFORMANCE STAGE.Expenses $39,536 · revenue $20,000
- VARIOUS MAINTENANCE AND BEAUTIFICATOIN PROJECTS THROUGHOUT THE PARK INCLUDING PLANTINGS, BENCHES AND OTHER LANDSCAPING.Expenses $146,493
- OTHER PROJECTS INCLUDING HISTORY AND NATURE OF THE PARK, RECREATION PROGRAMS AND GENERAL EXPENSES RELATED TO PROGRAMMINGExpenses $38,373
- PROVIDE TENNIS INSTRUCTION TO THE PUBLICExpenses $7,420 · revenue $4,000
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 39-1836415
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1997
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T70Z)
- Assets (IRS master file)
- $1,144,172
- Income (IRS master file)
- $358,027
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $345,520 | $256,845 | $1,144,172 | IRS |
| 990 | December 2024 | $413,112 | $291,474 | $1,056,147 | XML |
| 990 | December 2023 | $261,249 | $208,565 | $884,427 | XML |
| 990 | December 2022 | $323,107 | $228,878 | $789,775 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 39-1836415).
Questions about LAKE PARK FRIENDS LTD
- What is the EIN of LAKE PARK FRIENDS LTD?
- The employer identification number (EIN) of LAKE PARK FRIENDS LTD is 39-1836415.
- Is LAKE PARK FRIENDS LTD tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1997.
- Are donations to LAKE PARK FRIENDS LTD tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does LAKE PARK FRIENDS LTD file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of LAKE PARK FRIENDS LTD due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did LAKE PARK FRIENDS LTD last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of LAKE PARK FRIENDS LTD?
- The 990 for the year ended December 31, 2025 names HERSH KUMBHANI.
- Who are the officers and directors of LAKE PARK FRIENDS LTD?
- The 990 for the year ended December 31, 2025 lists 17 people; 1 received compensation from the organization, the highest $26,472 (ANN WOLMER, ADMINISTRATOR).
- How much revenue does LAKE PARK FRIENDS LTD have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $345,520, expenses of $256,845 and total assets of $1,144,172 at year end.
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