CHAUTAUQUA LAKE PARTNERSHIP INC

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2002

Legal Domicile

Principal Officer

MIKE LATONE

Phone

7166651116

Tax Period

2025-01-01 to 2025-12-31

CHAUTAUQUA LAKE PARTNERSHIP INC, founded in 2002, is a small nonprofit in the Environment sector that reported $722K in total revenue in fiscal year 2025. Revenue surged 77% from the prior year, signaling strong growth momentum. Expenses of $620K left a modest 14% surplus.

Mission

IMPROVING THE QUALITY OF CHAUTAUQUA LAKE, LOCATED IN CHAUTAUQUA COUNTY IN UPSTATE NEW YORK. THE ORGANIZATION IS CONCERNED ABOUT THE WATER QUALITY, ESPECIALLY THE PROLIFERATION OF WEEDS AND ALGAE AND THEIR ACCUMULATION NEAR THE SHORE AND ALONG THE SHORELINE OF CHAUTAUQUA LAKE. FOR YEARS, CHAUTAUQUA LAKE HAS HAD "SLUDGE", MASSES OF ROTTING WEEDS AND ALGAE, INCLUDING BLUE-GREEN ALGAE AND CYANOBACTERIA TOXIN NEAR THE SHORE AND ALONG THE SHORELINE. THE ORGANIZATION IS COMMITTED TO TAKING ACTION AND MAKING THE CHANGES NECESSARY TO PROTECT CHAUTAUQUA LAKE.

Program Service Accomplishments

Program 1

Expenses: $610,061

MAINTENANCE OF CHAUTAUQUA LAKE LOCATED IN UPSTATE NEW YORK AND IMPROVING THE WATER QUALITY AND ESPECIALLY THE PROLIFERATION OF WEEDS AND ALGAE AND THEIR ACCUMULATION NEAR THE SHORE AND ALONG THE...

MAINTENANCE OF CHAUTAUQUA LAKE LOCATED IN UPSTATE NEW YORK AND IMPROVING THE WATER QUALITY AND ESPECIALLY THE PROLIFERATION OF WEEDS AND ALGAE AND THEIR ACCUMULATION NEAR THE SHORE AND ALONG THE SHORELINE OF CHAUTAUQUA LAKE.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $710,373

Program Service Revenue $0

Investment Income $11,695

Other Revenue $0

TOTAL REVENUE $722,068

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $610,061

Other Expenses $620,289

TOTAL EXPENSES $620,289

Year-over-Year Comparison

	2025	2024	Change
Revenue	$722,068	$407,972	+0.8%
Expenses	$620,289	$369,329	+0.7%
Net Income	$101,779	$38,643	+1.6%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DR JAMES CIRBUS	PRESIDENT	2.00	Officer Director	$0	$0	$0
FRANK NICOTRA	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
MARY HUTCHINGS	SECRETARY	2.00	Officer Director	$0	$0	$0
MIKE LATONE	TREASURER	2.00	Officer Director	$0	$0	$0
ANDY GOODELL	DIRECTOR	2.00	Director	$0	$0	$0
JACKIE DEMORE	DIRECTOR	2.00	Director	$0	$0	$0
RICK MCMAHON	DIRECTOR	2.00	Director	$0	$0	$0
JO DEE JOHNSON	DIRECTOR	2.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$722,068	$620,289	$662,829	$101,779
2024	No data	No data	No data	No data
2023	$318,298	$198,035	$547,532	$120,263
2022	$390,182	$400,224	$402,144	$-10,042
2021	$237,299	$114,894	$412,186	$122,405
2020	$257,283	$118,962	$289,781	$138,321
2019	$287,914	$242,473	$151,460	$45,441
2018	$299,332	$395,646	$106,019	$-96,314