Civic Intelligence

Multi Lakes Conservation Association of Oakland County

990 • Fiscal year 2023 • EIN 38-1396998

Jan 01, 2023 to Dec 31, 2023 • Filed on Jan 30, 2025

Organization ProfileWWW.MULTILAKES.COM
3860 Newton RoadCommerce Township, MI 48382

(248) 363-7125

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

32nd percentile

0.00x

Higher debt load relative to assets than 32% of similar nonprofits.

2023 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

33rd percentile

0.01x

Higher debt load relative to revenue than 33% of similar nonprofits.

2023 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2023

Net Margin

49th percentile

8.3%

Higher net margin than 49% of similar nonprofits.

2023 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

61st percentile

$0

Higher top officer pay than 61% of similar nonprofits.

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

2023 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2023

Asset Growth

45th percentile

2.4%

Faster asset growth than 45% of similar nonprofits.

2023 filings • 501(c)4 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

29th percentile

-2.9%

Faster revenue growth than 29% of similar nonprofits.

2023 filings • 501(c)4 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets32nd percentile

Assets

Up

$2,212,185

Up $52,592 (+2.4%) from 2022

Net Assets

Up

$2,207,517

Up $65,698 (+3.1%) from 2022

Liabilities

Down

$4,668

Down $13,106 (-74%) from 2022

Revenue And Expenses
Liabilities / Revenue33rd percentileNet Margin49th percentile

Revenue

Down

$790,609

Down $23,258 (-2.9%) from 2022

Expenses

Up

$724,911

Up $145,388 (+25%) from 2022

Net Income

Down

$65,698

Down $168,646 (-72%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth45th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$3.0M$2.0M$1.0M$0Assets 2010: $1,779,887Liabilities 2010: $102,060Net Assets 2010: $1,677,8272010Assets 2011: $1,781,528Liabilities 2011: $91,613Net Assets 2011: $1,689,9152011Assets 2012: $1,742,279Liabilities 2012: $63,022Net Assets 2012: $1,679,2572012Assets 2013: $1,663,048Liabilities 2013: $45,291Net Assets 2013: $1,617,7572013Assets 2014: $1,642,686Liabilities 2014: $40,163Net Assets 2014: $1,602,5232014Assets 2015: $1,615,228Liabilities 2015: $21,797Net Assets 2015: $1,593,4312015Assets 2016: $1,647,492Liabilities 2016: $37,184Net Assets 2016: $1,610,3082016Assets 2017: $1,677,567Liabilities 2017: $69,721Net Assets 2017: $1,607,8462017Assets 2018: $1,642,336Liabilities 2018: $68,501Net Assets 2018: $1,573,8352018Assets 2019: $1,633,726Liabilities 2019: $55,004Net Assets 2019: $1,578,7222019Assets 2020: $1,857,791Liabilities 2020: $16,041Net Assets 2020: $1,841,7502020Assets 2021: $1,814,165Liabilities 2021: $21,208Net Assets 2021: $1,792,9572021Assets 2022: $2,159,593Liabilities 2022: $17,774Net Assets 2022: $2,141,8192022Assets 2023: $2,212,185Liabilities 2023: $4,668Net Assets 2023: $2,207,5172023

Highlighted filing

2023

Assets$2,212,185
Liabilities$4,668
Net Assets$2,207,517
Open 2023 Filing

Operations Trend

Revenue Growth29th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.0M$500K$0-$500KRevenue 2010: $557,125Expenses 2010: $479,388Net Income 2010: $77,7372010Revenue 2011: $513,508Expenses 2011: $501,420Net Income 2011: $12,0882011Revenue 2012: $582,418Expenses 2012: $593,076Net Income 2012: -$10,6582012Revenue 2013: $502,127Expenses 2013: $548,361Net Income 2013: -$46,2342013Revenue 2014: $494,401Expenses 2014: $519,766Net Income 2014: -$25,3652014Revenue 2015: $536,644Expenses 2015: $541,609Net Income 2015: -$4,9652015Revenue 2016: $585,086Expenses 2016: $561,236Net Income 2016: $23,8502016Revenue 2017: $586,988Expenses 2017: $578,191Net Income 2017: $8,7972017Revenue 2018: $576,849Expenses 2018: $600,745Net Income 2018: -$23,8962018Revenue 2019: $521,399Expenses 2019: $578,118Net Income 2019: -$56,7192019Revenue 2020: $687,938Expenses 2020: $416,638Net Income 2020: $271,3002020Revenue 2021: $449,870Expenses 2021: $488,352Net Income 2021: -$38,4822021Revenue 2022: $813,867Expenses 2022: $579,523Net Income 2022: $234,3442022Revenue 2023: $790,609Expenses 2023: $724,911Net Income 2023: $65,6982023

Highlighted filing

2023

Revenue$790,609
Expenses$724,911
Net Income$65,698
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Jan 30, 2025
Return Version
2023v6.0
Gross Receipts
$1,589,669
Mission and Program Overview

Mission

To promote conservation of the earths resources

The propagation or conservation of air, water minerals, fish, game, wild fowl, fur-bearing animals, wild flowers, forests, soil, and environment.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$2,141,819$2,207,517▲ $65,698
Land, Buildings, and Equipment, Net$1,404,952$1,434,917▲ $29,965
Cash and Non-Interest-Bearing Accounts$455,413$615,461▲ $160,048
Inventories for Sale or Use$124,973$147,706▲ $22,733
Accounts Receivable$174,255$14,101▼ $160,154
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$2,159,593$2,212,185▲ $52,592
Liabilities
Accounts Payable and Accrued Expenses$17,774$4,668▼ $13,106
Total Liabilities$17,774$4,668▼ $13,106
Net Assets / Fund Balance
Total Net Assets Fund Balance$2,141,819$2,207,517▲ $65,698
Total Liabilities and Net Assets / Fund Balance$2,159,593$2,212,185▲ $52,592

Asset Categories

AssetBook ValueDepreciationBasis
Land$565,005-$565,005
Buildings$513,316-$513,316
Equipment$356,596-$356,596
Compensation and Service Providers
Top Officer Pay61st percentile

Board Members and Trustees

NameTitle
Michael FergestromPresident
Michael HesterVice-president
Dawn CollomMembership Secretary
Brian MannRecording Secretary
Nick FrederickTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$123,266
Program Service Revenue
$368,623
Investment Income
$0
Other Revenue
$298,720
Change in Net Assets
$65,698
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$372,175
Salaries, Compensation, and Employee Benefits$215,629
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$227,786--$227,786
Other Salaries and Wages$207,351--$207,351
Benefits to Members$137,107--$137,107
Insurance$32,269--$32,269
Other Employee Benefits$8,278--$8,278
Office Expenses$5,293--$5,293
Other Expenses-$3,931-$3,931
Fees for Services Accounting$3,238--$3,238
Travel$2,786--$2,786
Total Functional Expenses$624,108$100,803$0$724,911
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$576,710
Fundraising Direct Expenses$486,800
Gaming Direct Expenses$24,430
Gaming Gross Income$22,290
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

“NONE”

Form 990, Part VI, Section A, Line 6

“NONE”

Form 990, Part VI, Section A, Line 7A

“NONE”

Form 990, Part VI, Section A, Line 7B

“NONE”

Form 990, Part VI, Section B, Line 11B

“NONE”

Form 990, Part VI, Section B, Line 12C

“NONE”

Form 990, Part VI, Section B, Line 15

“NONE”

Form 990, Part VI, Section C, Line 19

“Governing documents, bylaws and financial statements will be made available upon request”

Filing and Contact Details

Filer

Filer Name
Multi Lakes Conservation Association
EIN
38-1396998
Phone
2483637125
Address
3860 NEWTON ROAD, COMMERCE TOWNSHIP, MI 48382

Signing Officer

Name
Nick Frederick
Title
Treasurer
Phone
7349040731
Signed
2025-01-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael Fergestrom
Formed
1925
Legal Domicile
Mi
Voting Board Members
1,000
Independent Board Members
1,000
Employees
35
Volunteers
1,000

Preparer

Firm
Hakim & Co Pc
Address
6785 TELEGRAPH RD STE 201, BLOOMFIELD HILLS, MI 48301
Preparer
Ramy Hakim CPA
Phone
2482668400
Raw XML Appendix347 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/ExplanationTxt0NONE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NONE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NONE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NONE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4NONE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5NONE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6NONE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7GOVERNING DOCUMENTS, BYLAWS AND FINANCIAL STATEMENTS WILL BE MADE AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART VI, SECTION C, LINE 19
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IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt02159593
IRS990/TotalAssetsEOYAmt02212185
IRS990/TotalAssetsGrp/BOYAmt02159593
IRS990/TotalAssetsGrp/EOYAmt02212185
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0123266
IRS990/TotalEmployeeCnt035
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0100803
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0624108
IRS990/TotalFunctionalExpensesGrp/TotalAmt0724911
IRS990/TotalGrossUBIAmt089910
IRS990/TotalLiabilitiesBOYAmt017774
IRS990/TotalLiabilitiesEOYAmt04668
IRS990/TotalLiabilitiesGrp/BOYAmt017774
IRS990/TotalLiabilitiesGrp/EOYAmt04668
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02141819
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02207517
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0624108
IRS990/TotalProgramServiceRevenueAmt0368623
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0577433
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0790609
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt089910
IRS990/TotalVolunteersCnt01000
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02159593
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02212185
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt02786
IRS990/TravelGrp/TotalAmt02786
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt03860 NEWTON ROAD
IRS990/USAddress/CityNm0COMMERCE TOWNSHIP
IRS990/USAddress/StateAbbreviationCd0MI
IRS990/USAddress/ZIPCd048382
IRS990/VotingMembersGoverningBodyCnt01000
IRS990/VotingMembersIndependentCnt01000
IRS990/WebsiteAddressTxt0WWW.MULTILAKES.COM
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0NICK FREDERICK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum07349040731
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-01-30
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MULTI LAKES CONSERVATION ASSOCIATION
ReturnHeader/Filer/BusinessNameControlTxt0MULT
ReturnHeader/Filer/EIN0381396998
ReturnHeader/Filer/PhoneNum02483637125
ReturnHeader/Filer/USAddress/AddressLine1Txt03860 NEWTON ROAD
ReturnHeader/Filer/USAddress/CityNm0COMMERCE TOWNSHIP
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MI
ReturnHeader/Filer/USAddress/ZIPCd048382
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0823793633
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0HAKIM & CO PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt06785 TELEGRAPH RD STE 201
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BLOOMFIELD HILLS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd048301
ReturnHeader/PreparerPersonGrp/PhoneNum02482668400
ReturnHeader/PreparerPersonGrp/PreparationDt02025-01-30
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0RAMY HAKIM CPA
ReturnHeader/ReturnTs02025-02-21T16:11:13-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

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Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,212,185
Liabilities
$4,668
Net assets
$2,207,517
Revenue
$790,609
Expenses
$724,911
Net income
$65,698
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$2.21$0.00$2.21$0.79$0.72$0.07
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.16$0.02$2.14$0.81$0.58$0.23
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.81$0.02$1.79$0.45$0.49$0.04
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.86$0.02$1.84$0.69$0.42$0.27
2019Summary only. Only limited summary data is available for this year.$1.63$0.06$1.58$0.52$0.58$0.06
2018Summary only. Only limited summary data is available for this year.$1.64$0.07$1.57$0.58$0.60$0.02
2017Summary only. Only limited summary data is available for this year.$1.68$0.07$1.61$0.59$0.58$0.01
2016Summary only. Only limited summary data is available for this year.$1.65$0.04$1.61$0.59$0.56$0.02
2015Summary only. Only limited summary data is available for this year.$1.62$0.02$1.59$0.54$0.54$0.00
2014Summary only. Only limited summary data is available for this year.$1.64$0.04$1.60$0.49$0.52$0.03
2013Summary only. Only limited summary data is available for this year.$1.66$0.05$1.62$0.50$0.55$0.05
2012Summary only. Only limited summary data is available for this year.$1.74$0.06$1.68$0.58$0.59$0.01
2011Summary only. Only limited summary data is available for this year.$1.78$0.09$1.69$0.51$0.50$0.01
2010Summary only. Only limited summary data is available for this year.$1.78$0.10$1.68$0.56$0.48$0.08