Nonprofit · EIN 41-1485580
LAKES AREA BUILDERS ASSOC
Tax-exempt · DETROIT LAKES, MN 56502
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2023 | 990-EZ | $98,970 | $84,223 | $14,747 | $152,865 | $3,880 | $148,985 |
Financial details: 990-EZ for the year ended December 31, 2023
Revenue
- Contributions, gifts and grants
- $119
- Membership dues
- $8,753
- Investment income
- $538
- Other revenue
- $89,560
Expenses
- Grants and similar amounts paid
- $900
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $29,845
- Professional fees and payments to contractors
- $2,142
- Occupancy
- $3,820
- Printing, publications and postage
- $1,696
- Other expenses
- $45,820
- Program services (functional)
- $54,015
Balance sheet and other
- Total assets, start of year
- $138,153
- Total assets, end of year
- $152,865
- Total liabilities, end of year
- $3,880
- Net assets, end of year
- $148,985
- Cash, savings and investments
- $152,865
- Gross receipts
- $98,970
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-EZ for the year ended December 31, 2023, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| AL CLARK | SECRETARY/TR | 0 | $0 |
| CARMEN MCCULLOUGH | BOOKKEEPER | 0 | $0 |
| NICK GREEN | VICE PRESIDE | 0 | $0 |
| BRYAN SCHOENBERGER | PRESIDENT | 0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 1319, DETROIT LAKES, MN 56502-1319
- Signed the 990-EZ
- BRYAN SCHOENBERGER, PRESIDENT
- Phone
- (218) 847-0699
- Return prepared by
- HAGA KOMMER LTD
Mission
EDUCATIONAL TRADE ASSOCIATION
Program accomplishments
- PROVIDE OPPORTUNITIES FOR MEMBERS TO RECEIVE CONTINUING EDUCATION THROUGH SEMINARS, MEETINGS AND PUBLICATION OF NEWSLETTER
- SCHOLARSHIPS PROVIDED TO LOCAL YOUTH TO PROMOTE HIGHER EDUCATION
- MAINTAIN GOODWILL FOR MEMBERS IN COMMUNITY. DONATE PORTION OF BUILDERS SHOW INCOME TO LOCAL FOOD PANTRYExpenses $900 · grants $900
- PROVIDE OPPORTUNITIES FOR MEMBERS TO RECEIVE CONTINUING EDUCATION THROUGHExpenses $53,115
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 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | Not on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 41-1485580
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1988
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $152,865
- Income (IRS master file)
- $98,970
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2023 | $98,970 | $84,223 | $152,865 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-EZ | December 2019 | – | – | – | IRS |
| 990-EZ | December 2018 | – | – | – | IRS |
| 990-EZ | December 2017 | – | – | – | 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 41-1485580).
Questions about LAKES AREA BUILDERS ASSOC
- What is the EIN of LAKES AREA BUILDERS ASSOC?
- The employer identification number (EIN) of LAKES AREA BUILDERS ASSOC is 41-1485580.
- Is LAKES AREA BUILDERS ASSOC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1988.
- Are donations to LAKES AREA BUILDERS ASSOC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does LAKES AREA BUILDERS ASSOC 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 LAKES AREA BUILDERS ASSOC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did LAKES AREA BUILDERS ASSOC last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2023.
- Who are the officers and directors of LAKES AREA BUILDERS ASSOC?
- The 990-EZ for the year ended December 31, 2023 lists 4 people; 0 received compensation from the organization.
- How much revenue does LAKES AREA BUILDERS ASSOC have?
- On its 990-EZ for the year ended December 31, 2023 it reported revenue of $98,970, expenses of $84,223 and total assets of $152,865 at year end.
Other nonprofits in DETROIT LAKES
- ST MARYS REGIONAL HEALTH CENTER EIN 41-1620386 · last filed 990 for 2025
- MIDWEST MINNESOTA COMMUNITY DEVELOPMENT CORPORATION EIN 41-0972298 · last filed 990 for 2024
- MAHUBE-OTWA COMMUNITY ACTION PARTNERSHIP INC EIN 41-6049474 · last filed 990 for 2025
- ST MARYS EMS EIN 41-1805811 · last filed 990 for 2025
- RURAL MINNESOTA CEP INC EIN 41-0942639 · last filed 990 for 2025
- ST MARYS INNOVIS HEALTH EIN 26-2861321 · last filed 990 for 2025
- DLCCC INC EIN 41-1970351 · last filed 990 for 2025
- WHITE EARTH INVESTMENT INITIATIVE EIN 01-0732253 · last filed 990 for 2024