EIN 45-5337894

Greater Lake City Community Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
2012
Most recent tax filings
2022-12-01
NTEE code, primary
Description
The Greater Lake City Community Foundation aims to provide assistance for the betterment of the community through their mission. They have four pillars - Environment, Arts, Community and Economic Development, and Education - to guide their efforts. The Foundation has provided $6,500 to Destination Lake City 501c3 for a memorial statue in the city park and $1,000 for videography equipment to promote Lake City. In addition, they offer programs such as the City of Lake City, Minnesota 10055 which helps replace trees killed by disease.
Total revenues
$95,037
2022
Total expenses
$35,094
2022
Total assets
$379,013
2022
Num. employees
0
2022

Program areas at Greater Lake City Community Foundation

City of Lake City, Minnesota 10055 to replace trees killed by disease.
To Destination Lake City 501c3 6,500 for memorial statue in city park 1,000 for videography equipment to promote Lake City.
To University of MN - Duluth for educational scholarships.

Personnel at Greater Lake City Community Foundation

NameTitleCompensation
Bruce CarlstromSecretary Assistant Treasurer$0
Heather BanksAssistant Treasurer$0
David James SchreckChairman$0
Beth KrehbielPresident$0
Steven LangTreasurer$0

Financials for Greater Lake City Community Foundation

RevenuesFYE 12/2022
Total grants, contributions, etc.$85,158
Program services$0
Investment income and dividends$9,879
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$95,037

Form 990s for Greater Lake City Community Foundation

Fiscal year endingDate received by IRSFormPDF link
2022-122023-04-04990View PDF

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Data update history
May 18, 2023
Updated personnel
Identified 8 new personnel
May 11, 2023
Used new vendors
Identified 1 new vendor, including
April 23, 2021
Posted financials
Added Form 990N for fiscal year 2019
March 4, 2020
Used new vendors
Identified 1 new vendor, including
March 4, 2020
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Grantmaking organizationsCommunity foundationsCharities
Issues
Community improvementEconomic development
Characteristics
Operates donor advised fundsProvides grantsState / local levelTax deductible donationsNo full-time employees
General information
Address
PO Box 86
Lake City, MN 55041
Metro area
Rochester, MN
County
Wabasha County, MN
Website URL
lakecityfoundation.org/ 
Phone
(651) 380-3312
IRS details
EIN
45-5337894
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2012
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T31: Community Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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