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Nonprofit · EIN 41-1878169

LAKE MINNETONKA ASSOCIATION

Tax-exempt · EXCELSIOR, MN 55331

Financials

$267K$253K2023$324K$208K2024
Revenue Expenses · by fiscal year end
Financials of LAKE MINNETONKA ASSOCIATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$324,039$207,679$116,360$540,672$4,000$536,672
December 31, 2023990$267,132$252,808$14,324$423,812$3,500$420,312
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$313,542
of which government grants
$22,642
Membership dues
$146,649
Program service revenue
$0
Investment income
$88
Other revenue
$10,409

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$11,080
Travel
$116
Program services (functional)
$165,289
Management and general (functional)
$42,390

Balance sheet and other

Total assets, start of year
$423,812
Total assets, end of year
$540,672
Total liabilities, end of year
$4,000
Net assets, end of year
$536,672
Net assets without donor restrictions
$536,672
Gross unrelated business income
$10,409
Gross receipts
$324,039
Employees
0
Year formed
1997
State of legal domicile
MN

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, 2024, highest compensation first.

NameTitleHours / weekCompensation
Josh LeddyDirector
Trustee or director
2$0
Denise WestmanDriector
Trustee or director
2$0
Amanda WalshDirector
Trustee or director
2$0
Terry BryceDirector
Trustee or director
2$0
Judd BrackettDirector, Vice President
Trustee or director, Officer
2$0
Lee HarrenDirector, Secretary Treasurer
Trustee or director, Officer
12$0
Tom FrahmDirector, President
Trustee or director, Officer
4$0
Rob RoyDirector
Trustee or director
2$0
Jim PaulDirector
Trustee or director
2$0
Wells BroseDirector
Trustee or director
2$0
990 for the year ended December 31, 2023: 10 people
NameTitleHours / weekCompensation
Josh LeddyDirector
Trustee or director
2$0
Denise WestmanDriector
Trustee or director
2$0
Amanda WalshDirector
Trustee or director
2$0
Terry BryceDirector
Trustee or director
2$0
Judd BrackettDirector, Vice President
Trustee or director, Officer
2$0
Lee HarrenDirector, Secretary Treasurer
Trustee or director, Officer
12$0
Tom FrahmDirector, President
Trustee or director, Officer
4$0
Rob RoyDirector
Trustee or director
2$0
Jim PaulDirector
Trustee or director
2$0
Wells BroseDirector
Trustee or director
2$0

Address and contacts

Address (IRS master file)
PO BOX 248, EXCELSIOR, MN 55331-0248
In care of
% BOB BEUTLER
Principal officer (990 for 2024)
Lee Harren, P O Box 248, Excelsior, MN 55331
Signed the 990
Lee Harren, Treasurer
Phone
(612) 875-8767
Return prepared by
Sara Lassila CPA Inc

Mission

See Schedule O

990 for the year ended December 31, 2024

Program accomplishments

  • Administrated, monitored and paid for aquatic invasive species control programs and administrated and produced education programs through newsletters and other media.
    Expenses $165,289 · grants $22,642 · revenue $290,900

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
41-1878169
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1997
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Environment (C30)
Assets (IRS master file)
$540,672
Income (IRS master file)
$324,039

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$324,039$207,679$540,672IRS
990-TDecember 2024–––IRS
990December 2023$267,132$252,808$423,812XML
990-TDecember 2023–––IRS
990December 2022$366,600$313,265$409,888IRS
990-TDecember 2022–––IRS
990December 2021–––IRS
990-TDecember 2021–––IRS
990December 2020–––IRS
990-TDecember 2020–––IRS
990December 2019–––IRS
990December 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 41-1878169).

Questions about LAKE MINNETONKA ASSOCIATION

What is the EIN of LAKE MINNETONKA ASSOCIATION?
The employer identification number (EIN) of LAKE MINNETONKA ASSOCIATION is 41-1878169.
Is LAKE MINNETONKA ASSOCIATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1997.
Are donations to LAKE MINNETONKA ASSOCIATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does LAKE MINNETONKA ASSOCIATION 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 MINNETONKA ASSOCIATION 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 LAKE MINNETONKA ASSOCIATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of LAKE MINNETONKA ASSOCIATION?
The 990 for the year ended December 31, 2024 names Lee Harren.
Who are the officers and directors of LAKE MINNETONKA ASSOCIATION?
The 990 for the year ended December 31, 2024 lists 10 people; 0 received compensation from the organization.
How much revenue does LAKE MINNETONKA ASSOCIATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $324,039, expenses of $207,679 and total assets of $540,672 at year end.

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