Long Lake Homeowners Assn

EIN: 411833478 501(c)(3) Environment

Hillman, MN

Total Revenue
$22,287
Total Expenses
$21,020
Total Assets
$43,794
Net Assets
$41,733
🔒

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
1985
Legal Domicile
MN
Principal Officer
Carlo Roam
Phone
3204682568
Tax Period
2023-01-01 to 2023-12-31

Long Lake Homeowners Assn, founded in 1985, is a micro nonprofit in the Environment sector that reported $22K in total revenue in fiscal year 2023. Revenue surged 44% from the prior year, signaling strong growth momentum. Expenses of $21K left a modest 6% surplus.

Mission

Environmental Care in and around Long Lake,Morrison and Crow Wing Counties, Minnesota

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $24,288
Program Service Revenue $0
Investment Income $42
Other Revenue $-2,043
TOTAL REVENUE $22,287

Expense Breakdown

Grants Paid $443
Salaries & Benefits $13,018
Fundraising Expenses $0
Program Expenses $16,618
Other Expenses $7,559
TOTAL EXPENSES $21,020

Year-over-Year Comparison

2023 2022 Change
Revenue $22,287 $15,528 +0.4%
Expenses $21,020 $24,955 -0.2%
Net Income $1,267 $-9,427 -1.1%
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
7
Independent Members
5
Employees
2
Volunteers
12

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
2
$11,000
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Carlo Roam Pres. 2.00
Officer
$5,500 $0 $5,500
Kathy Hanson Secy-Treas 2.00
Officer
$5,500 $0 $5,500
Robert Wirth V.P. 0.00
Director
$0 $0 $0
Delroy Dehler Director 0.00
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
2024 No data No data No data No data
2023 $22,287 $21,020 $43,794 $1,267
2022 $15,528 $24,955 $43,072 $-9,427
2021 $27,730 $23,285 $50,112 $4,445
2020 $17,185 $21,817 $45,448 $-4,632
Explore More Nonprofits
→Top 100 Nonprofits in Minnesota →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare Long Lake Homeowners Assn with other nonprofits in Minnesota and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.