LAKE MINNEHAHA OWNERS ASSOCIATION

EIN: 351466196 Recreation & Sports

PORTAGE, IN

Total Revenue
$1,434,306
Total Expenses
$1,527,940
Total Assets
$1,160,959
Net Assets
$1,138,948
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1978
Legal Domicile
IN
Principal Officer
TAMARA VICTOR
Phone
2197624141
Tax Period
2023-01-01 to 2023-12-31

LAKE MINNEHAHA OWNERS ASSOCIATION, founded in 1978, is a community nonprofit in the Recreation & Sports sector that reported $1.4M in total revenue in fiscal year 2023. Revenue decreased 5% compared to the prior year.

Mission

THE FUNCTION OF THE ORGANIZATION IS TO MAINTAIN THE COMMON AREAS AND FACILITIES OF THE CAMPGROUNDS AND PROVIDE RECREATIONAL, SOCIAL, AND FAMILY CAMPING ACTIVITIES FOR THE CAMPERS AND LOT OWNERS THAT STAY AT THE PARK.

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Trantor Score

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

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,015,683
Program Service Revenue $0
Investment Income $14,944
Other Revenue $403,679
TOTAL REVENUE $1,434,306

Expense Breakdown

Grants Paid $0
Salaries & Benefits $524,673
Fundraising Expenses $0
Program Expenses $1,527,940
Other Expenses $1,003,267
TOTAL EXPENSES $1,527,940

Year-over-Year Comparison

2023 2022 Change
Revenue $1,434,306 $1,517,025 -0.1%
Expenses $1,527,940 $1,368,182 +0.1%
Net Income $-93,634 $148,843 -1.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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Governance

Voting Members
7
Independent Members
7
Employees
42
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
4
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVE ALEXANDER BOARD MEMBER 1.00
Director
$0 $0 $0
JAY GREEN BOARD MEMBER 1.00
Director
$0 $0 $0
JAVIER ANAYA SR BOARD MEMBER 1.00
Director
$0 $0 $0
KAILA PANSA SECRETARY 1.00
Officer
$0 $0 $0
DIANE SHUKSTOR TREASURER 2.00
Officer
$0 $0 $0
MICHAEL TAYLOR VICE PRESIDE 1.00
Officer
$0 $0 $0
TAMARA VICTOR PRESIDENT 2.00
Officer
$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
2023 $1,434,306 $1,527,940 $1,160,959 $-93,634
2022 $1,517,025 $1,368,182 $1,237,409 $148,843
2021 $1,270,955 $1,245,585 $1,097,994 $25,370
2020 $1,195,671 $1,241,599 $1,080,743 $-45,928
2019 $1,180,808 $1,055,499 $1,135,478 $125,309
2018 $1,183,699 $1,061,384 $978,988 $122,315
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