DEEPHAVEN, MN
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
Sign In — Free (10 views/day)CHRISTMAS LAKE HOMEOWNERS ASSOCIATION, founded in 2001, is a small nonprofit in the Environment sector that reported $263K in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion. The organization ran a surplus of $61K, a strong 23% operating margin.
Purpose: To protect and improve the quality of Christmas Lake for all lake users to enjoy today and for future generations
Fee paid to Waterfront Restoration for level 2 inspections for boats and watercraft entering Christmas Lake to support our activity of prevention of introduction or minimize the impact of aquatic...
Fee paid to Waterfront Restoration for level 2 inspections for boats and watercraft entering Christmas Lake to support our activity of prevention of introduction or minimize the impact of aquatic invasive species. 2680 hours of staffed landing 202 days of inspection 2,186 watercraft inspections. #1 best water quality in 7 county metro area and thriving aquatic species and clarity. Misc expenses for internet equipment etc. $74,008
Coordinated dock lift Spring 2024 installs $50,385 and Fall 2024 $61,987 for 66 lake residents with four specialized vendors with intent to minimize aquatic invasive species into the lake. 100%...
Coordinated dock lift Spring 2024 installs $50,385 and Fall 2024 $61,987 for 66 lake residents with four specialized vendors with intent to minimize aquatic invasive species into the lake. 100% reimbursed by participating homeowners.
Coordinated wildlife management for invasive wildlife and animals. Prevention of health risks including e-Coli in waterfront and water engagement
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%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $262,986 | $239,000 | +0.1% |
| Expenses | $202,236 | $210,514 | 0.0% |
| Net Income | $60,750 | $28,486 | +1.1% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Todd Erickson | President | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| Paul Cossette | Secretary | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Margrette Newhouse | Treasurer | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| Joe Shneider | Director | 5.00 |
Director
|
$0 | $0 | $0 |
| Steve Sundberg | Director | 5.00 |
Director
|
$0 | $0 | $0 |
| Edward Szalapski | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Mary Shaw | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Gregg Elliott | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Roger Norberg | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Aaron Peterson | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Tammy Magney | Director | 3.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $262,986 | $202,236 | $251,721 | $60,750 |
| 2023 | $239,000 | $210,514 | $185,072 | $28,486 |
| 2022 | $239,023 | $174,786 | $155,224 | $64,237 |
Compare CHRISTMAS LAKE HOMEOWNERS ASSOCIATION with other nonprofits in Minnesota and across the country.