LAKE SUPERIOR STEELHEAD ASSOCIATION

EIN: 411573739 501(c)(3) Animal-Related

DULUTH, MN

Total Revenue
$83,006
Total Expenses
$83,573
Total Assets
$87,579
Net Assets
$87,579
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1975
Legal Domicile
MN
Principal Officer
MIKE PITAN
Phone
2187228236
Tax Period
2025-03-01 to 2026-02-28

LAKE SUPERIOR STEELHEAD ASSOCIATION, founded in 1975, is a micro nonprofit in the Animal-Related sector that reported $83K in total revenue in fiscal year 2025. Revenue surged 72% from the prior year, signaling strong growth momentum.

Mission

TO PROMOTE THE PROPAGATION OF STEELHEAD TROUT AND COLD WATER FISH THROUGH A COMBINED PROGRAM OF HATCHERY DEVELOPMENT AND PROTECTION OF LAKE SUPERIOR FISH

Program Service Accomplishments

Program 1
Expenses: $59,969

RESTORATION OF THE KNIFE RIVER WATERSHED INCLUDING THE FALLS AND SURROUNDING HABITAT TO PROVIDE NECESSARY HABITAT FOR MIGRATING FISH

Program 2
Expenses: $19,248

EDUCATION OF MEMBERS AND THE PUBLIC THROUGH THE DISTRIBUTION OF AN ANNUAL PUBLICATION AND OF A BI-MONTHLY NEWSLETTER HIGHLIGHTING EFFORTS THROUGHOUT THE LAKE SUPERIOR WATERSHED TO PROTECT WATER...

Read more

EDUCATION OF MEMBERS AND THE PUBLIC THROUGH THE DISTRIBUTION OF AN ANNUAL PUBLICATION AND OF A BI-MONTHLY NEWSLETTER HIGHLIGHTING EFFORTS THROUGHOUT THE LAKE SUPERIOR WATERSHED TO PROTECT WATER QUALITY, REDEVELOP HABITAT, MANAGE FISH POPULATIONS AND ENCOURAGE PEOPLE TO PARTICIPATE IN COLD WATER FISHING

Program 3
Expenses: $4,356

VOLUNTEER DRIVEN SPECIAL EVENTS TO PROTECT AND RESTORE HABITAT AND SPECIAL EVENTS OPEN TO THE PUBLIC TO CELEBRATE AND ENCOURAGE PARTICIPATION IN THE ORGANIZATION AND IN THE SPORT OF FISHING INCLUDING...

Read more

VOLUNTEER DRIVEN SPECIAL EVENTS TO PROTECT AND RESTORE HABITAT AND SPECIAL EVENTS OPEN TO THE PUBLIC TO CELEBRATE AND ENCOURAGE PARTICIPATION IN THE ORGANIZATION AND IN THE SPORT OF FISHING INCLUDING A YOUTH MENTORING PROGRAM

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $72,505
Program Service Revenue $11,455
Investment Income $0
Other Revenue $-954
TOTAL REVENUE $83,006

Expense Breakdown

Grants Paid $0
Salaries & Benefits $59,969
Fundraising Expenses $0
Program Expenses $83,573
Other Expenses $23,604
TOTAL EXPENSES $83,573

Year-over-Year Comparison

2025 2024 Change
Revenue $83,006 $48,274 +0.7%
Expenses $83,573 $74,071 +0.1%
Net Income $-567 $-25,797 -1.0%
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

Sign In

Governance

Voting Members
8
Independent Members
7
Employees
2
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
$84,809
Total Directors
8
$84,809
Key Employees
1
$84,809
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KEVIN BOVEE SECRETARY/GAMBLING MGR 020.00
Officer Director Key Emp
$59,309 $0 $84,809
MIKE PITAN PRESIDENT 004.00
Officer Director
$0 $0 $0
CURT WISTROM VICE PRESIDENT 002.00
Officer Director
$0 $0 $0
DOUG DAHL TREASURER 002.00
Officer Director
$0 $0 $0
KEITH BEHN DIRECTOR 001.00
Director
$0 $0 $0
JOHN EK DIRECTOR 001.00
Director
$0 $0 $0
TOM CAWCUTT DIRECTOR 001.00
Director
$0 $0 $0
JEFF SOMROCK DIRECTOR 001.00
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
2026 $83,006 $83,573 $87,579 $-567
2025 $48,274 $74,071 $88,146 $-25,797
2024 $91,600 $117,476 $113,943 $-25,876
2023 $107,724 $113,847 $140,135 $-6,123
2022 $131,411 $93,504 $145,942 $37,907
2021 $87,539 $106,242 $108,035 $-18,703
2020 $92,919 $99,339 $126,738 $-6,420
2019 $104,174 $154,749 $185,047 $-50,575
Explore More Nonprofits
Top 100 Nonprofits in Minnesota Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare LAKE SUPERIOR STEELHEAD ASSOCIATION with other nonprofits in Minnesota and across the country.