Civic Intelligence

Green Lake Property Owners Assoc

EIN 20-4069373 • 501(c)3 • Spicer, MN

Profile

A non-profit organization formed for the protection and improvement of green lake.

PO Box 362Spicer, MN 56288

www.greenlakespicer.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

85th percentile

0.28x

Higher debt load relative to assets than 85% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2025

Liabilities / Revenue

93rd percentile

0.70x

Higher debt load relative to revenue than 93% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2025

Net Margin

8th percentile

-154%

Higher net margin than 8% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2025

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2025

Asset Growth

43rd percentile

-7.1%

Faster asset growth than 43% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2025

Revenue Growth

49th percentile

-3.1%

Faster revenue growth than 49% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2025

Assets

Up

$145,939

Up $24,229 (+20%) from 2021

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Up

$145,939

Up $25,089 (+21%) from 2021

Revenue

Down

$51,873

Down $14,700 (-22%) from 2021

Expenses

Down

$26,784

Down $28,625 (-52%) from 2021

Net Income

Up

$25,089

Up $13,925 (+125%) from 2021

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$150K$100K$50K$0Assets 2011: $37,883Net Assets 2011: $37,8832011Assets 2012: $21,532Net Assets 2012: $21,5322012Assets 2013: $18,262Net Assets 2013: $18,2622013Assets 2014: $5,398Net Assets 2014: $5,3982014Assets 2015: $21,967Net Assets 2015: $21,9672015Assets 2016: $46,760Net Assets 2016: $46,7602016Assets 2017: $61,292Liabilities 2017: $191Net Assets 2017: $61,1012017Assets 2018: $61,458Net Assets 2018: $61,4582018Assets 2019: $106,021Liabilities 2019: $12,675Net Assets 2019: $93,3462019Assets 2020: $118,402Liabilities 2020: $8,716Net Assets 2020: $109,6862020Assets 2021: $121,710Liabilities 2021: $860Net Assets 2021: $120,8502021Assets 2022: $145,939Net Assets 2022: $145,9392022

Highlighted filing

2022

Assets$145,939
Liabilities-
Net Assets$145,939

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$100K$50K$0-$50KRevenue 2011: $56,074Expenses 2011: $51,366Net Income 2011: $4,7082011Revenue 2012: $47,822Expenses 2012: $64,173Net Income 2012: -$16,3512012Revenue 2013: $69,389Expenses 2013: $72,659Net Income 2013: -$3,2702013Revenue 2014: $66,684Expenses 2014: $79,548Net Income 2014: -$12,8642014Revenue 2015: $73,311Expenses 2015: $56,742Net Income 2015: $16,5692015Revenue 2016: $79,804Expenses 2016: $55,011Net Income 2016: $24,7932016Revenue 2017: $71,440Expenses 2017: $57,099Net Income 2017: $14,3412017Revenue 2018: $47,778Expenses 2018: $47,421Net Income 2018: $3572018Revenue 2019: $55,241Expenses 2019: $23,353Net Income 2019: $31,8882019Revenue 2020: $56,336Expenses 2020: $39,996Net Income 2020: $16,3402020Revenue 2021: $66,573Expenses 2021: $55,409Net Income 2021: $11,1642021Revenue 2022: $51,873Expenses 2022: $26,784Net Income 2022: $25,0892022

Highlighted filing

2022

Revenue$51,873
Expenses$26,784
Net Income$25,089

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jun 1, 2021 to May 31, 2022
Signed
Jul 13, 2022
Return Version
2021v4.0
Gross Receipts
$51,873
Mission and Program Overview

Mission

A non-profit organization formed for the protection and improvement of green lake.

Program Services

DescriptionGrantsExpenses
WATER QUALITY /DNR /FISH-$8,984
THE PURPOSE OF LAKE MANAGEMENT IS TO GREATLY REDUCE THE AMOUNT OF EURASIAN WATER MILFOIL WITHIN GREEN LAKE AND CONTROL ITS SPREAD AND ALSO TO MAINTAIN A PARTNERSHIP WITH MIDDLE FORK CROW RIVER WATERSHED DISTRICT. ALSO, EDUCATION OF THE GENERAL PUBLIC IN ORDER TO PREVENT THE SPREAD OF AQUATIC INVASIVE SPECIES (INCLUDING ZEBRA MUSSELS) TO AND FROM GREEN LAKE, INCLUDING IMPLEMENTATION OF SERVICES TO REDUCE SPREAD OF AIS. SEWER & WATER AND VARIANCE & TAX THE PURPOSE OF THE SEWER & WATER COMMITTEE IS TO PROVIDE RECORDABLE WATER USAGE FOR IRRIGATION AND OTHER NON-SEWERED USES AND THE VARIANCE & TAX COMMITTEE'S PURPOSE IS TO MONITOR REAL ESTATE TAX LEVELS, AND MONITOR VARIANCES GRANTED TO PROPERTY OWNERS.-$7,480
THE EDUCATION AND WEB COMMITTEE IS IN PLACE TO PROMOTE GREEN LAKE EVENTS, BE A RESOURCE ON GREEN LAKE CONCERNS AND TO WORK AS A COMMUNICATION DEVICE TO MEMBERSHIP AND COMMUNITY.-$3,049
THE CATERPILLAR COMMITTEE ORGANIZES SPRAYING OF THE CATERPILLAR'S DURING THE END OF SPRING AND ASSISTS IN NOTIFYING PROPERTY OWNERS OF THE TIME FRAME WHEN SPRAYING WILL TAKE PLACE.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
SCOTT CARLSONPresident-$0--
CHRIS DUININCKTreasurer-$0--
MEGAN NELSONSecretary-$0--
DOUG BULTMANDirector-$0--
DEAN ERICKSONDirector-$0--
MIKE HODAPPDirector-$0--
GARY LAGERSTEDTDirector-$0--
BRUCE FELTDirector-$0--
STEVE MARTINKADirector-$0--
MICHELLE OLSONDirector-$0--
DON SPILSETHDirector-$0--
GREG HOLMSTROMDirector-$0--
Filing and Contact Details

Filer

Filer Name
Green Lake Property Owners Assoc
EIN
20-4069373
Phone
3202353311
Address
PO BOX 362, SPICER, MN 56288

Signing Officer

Name
Scott Carlson
Title
President
Signed
2022-07-13
Discuss with paid preparer
Yes

Preparer

Firm
Conway Deuth & Schmiesing Pllp
Address
331 3RD ST SW STE 2, WILLMAR, MN 56201-4440
Preparer
Carolyn Halverson
Phone
3202353311
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses office expense 496 meeting 680 insurance 1,675 miscellaneous 560 patrol 2,640 web page 228 fishing 3,170 aquatic invasive species 800 bank charges 7 donations 5,005 dues & memberships 100 repairs & maintenance 3,174 total 18,535

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 860 0

Form 990-ez, Part III

A non-profit organization formed for the protection and improvement of green lake.

Form 990-ez, Part III, Line 28

The caterpillar committee organizes spraying of the caterpillar's during the end of spring and assists in notifying property owners of the time frame when spraying will take place.

Form 990-ez, Part III, Line 29

The education and web committee is in place to promote green lake events, be a resource on green lake concerns and to work as a communication device to membership and community.

Form 990-ez, Part III, Line 31

The purpose of lake management is to greatly reduce the amount of eurasian water milfoil within green lake and control its spread and also to maintain a partnership with middle fork crow river watershed district. Also, education of the general public in order to prevent the spread of aquatic invasive species (including zebra mussels) to and from green lake, including implementation of services to reduce spread of ais. Sewer & water and variance & tax the purpose of the sewer & water committee is to provide recordable water usage for irrigation and other non-sewered uses and the variance & tax committee's purpose is to monitor real estate tax levels, and monitor variances granted to property owners.

Raw XML Appendix180 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES OFFICE EXPENSE 496 MEETING 680 INSURANCE 1,675 MISCELLANEOUS 560 PATROL 2,640 WEB PAGE 228 FISHING 3,170 AQUATIC INVASIVE SPECIES 800 BANK CHARGES 7 DONATIONS 5,005 DUES & MEMBERSHIPS 100 REPAIRS & MAINTENANCE 3,174 TOTAL 18,535
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACCOUNTS PAYABLE AND ACCRUED EXPENSES 860 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A NON-PROFIT ORGANIZATION FORMED FOR THE PROTECTION AND IMPROVEMENT OF GREEN LAKE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE CATERPILLAR COMMITTEE ORGANIZES SPRAYING OF THE CATERPILLAR'S DURING THE END OF SPRING AND ASSISTS IN NOTIFYING PROPERTY OWNERS OF THE TIME FRAME WHEN SPRAYING WILL TAKE PLACE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE EDUCATION AND WEB COMMITTEE IS IN PLACE TO PROMOTE GREEN LAKE EVENTS, BE A RESOURCE ON GREEN LAKE CONCERNS AND TO WORK AS A COMMUNICATION DEVICE TO MEMBERSHIP AND COMMUNITY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE PURPOSE OF LAKE MANAGEMENT IS TO GREATLY REDUCE THE AMOUNT OF EURASIAN WATER MILFOIL WITHIN GREEN LAKE AND CONTROL ITS SPREAD AND ALSO TO MAINTAIN A PARTNERSHIP WITH MIDDLE FORK CROW RIVER WATERSHED DISTRICT. ALSO, EDUCATION OF THE GENERAL PUBLIC IN ORDER TO PREVENT THE SPREAD OF AQUATIC INVASIVE SPECIES (INCLUDING ZEBRA MUSSELS) TO AND FROM GREEN LAKE, INCLUDING IMPLEMENTATION OF SERVICES TO REDUCE SPREAD OF AIS. SEWER & WATER AND VARIANCE & TAX THE PURPOSE OF THE SEWER & WATER COMMITTEE IS TO PROVIDE RECORDABLE WATER USAGE FOR IRRIGATION AND OTHER NON-SEWERED USES AND THE VARIANCE & TAX COMMITTEE'S PURPOSE IS TO MONITOR REAL ESTATE TAX LEVELS, AND MONITOR VARIANCES GRANTED TO PROPERTY OWNERS.
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