Civic Intelligence

Lakes Area Business Association

EIN 41-1808010 • 501(c)6 • Columbus, MN

Profile

Promote business in forest lake mn

6838 167th AvenueColumbus, MN 55025
Siviq Scores

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

Liabilities / Assets

94th percentile

0.77x

Higher debt load relative to assets than 94% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2025

Liabilities / Revenue

93rd percentile

0.50x

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

501(c)6 • <$500k nonprofits • Source year 2025

Net Margin

11th percentile

-52%

Higher net margin than 11% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2025

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

501(c)6 • <$500k nonprofits • Source year 2025

Asset Growth

18th percentile

-36%

Faster asset growth than 18% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2024 to 2025

Revenue Growth

51st percentile

0.0%

Faster revenue growth than 51% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets94th percentile

Assets

Down

$483

Down $205 (-30%) from 2023

Liabilities

Up

$373

Up $70 (+23%) from 2023

Net Assets

$110

No earlier filing loaded for comparison.

Operations
Liabilities / Revenue93rd percentileNet Margin11th percentile

Revenue

Up

$750

Up $25 (+3.4%) from 2023

Expenses

Up

$1,140

Up $545 (+92%) from 2023

Net Income

Down

-$390

Down $520 (-400%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth18th percentile

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

$1.0K$500$0-$500Assets 2011: $179Liabilities 2011: $123Net Assets 2011: $562011Assets 2012: $403Net Assets 2012: $4032012Assets 2013: $219Liabilities 2013: $1732013Assets 2014: $382Liabilities 2014: $719Net Assets 2014: -$3372014Assets 2015: $640Liabilities 2015: $117Net Assets 2015: $5232015Assets 2016: $812Liabilities 2016: $392Net Assets 2016: $4202016Assets 2017: $563Liabilities 2017: $212Net Assets 2017: $3512017Assets 2018: $566Liabilities 2018: $204Net Assets 2018: $3622018Assets 2019: $340Liabilities 2019: $36Net Assets 2019: $3042019Assets 2020: $663Liabilities 2020: $6992020Assets 2021: $653Liabilities 2021: $499Net Assets 2021: $1542021Assets 2022: $255Liabilities 2022: $0Net Assets 2022: $2552022Assets 2023: $688Liabilities 2023: $3032023Assets 2025: $483Liabilities 2025: $373Net Assets 2025: $1102025

Highlighted filing

2025

Assets$483
Liabilities$373
Net Assets$110
Open 2025 Filing

Operations Trend

Revenue Growth51st percentile

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

$20K$15K$10K$5.0K$0-$5.0KRevenue 2011: $920Expenses 2011: $1,246Net Income 2011: -$3262011Revenue 2012: $1,070Expenses 2012: $723Net Income 2012: $3472012Revenue 2013: $16,053Expenses 2013: $16,410Net Income 2013: -$3572013Revenue 2014: $669Expenses 2014: $1,052Net Income 2014: -$3832014Revenue 2015: $1,410Expenses 2015: $550Net Income 2015: $8602015Revenue 2016: $810Expenses 2016: $913Net Income 2016: -$1032016Revenue 2017: $930Expenses 2017: $999Net Income 2017: -$692017Revenue 2018: $870Expenses 2018: $859Net Income 2018: $112018Revenue 2019: $795Expenses 2019: $853Net Income 2019: -$582019Revenue 2020: $450Expenses 2020: $790Net Income 2020: -$3402020Revenue 2021: $750Expenses 2021: $560Net Income 2021: $1902021Revenue 2022: $680Expenses 2022: $579Net Income 2022: $1012022Revenue 2023: $725Expenses 2023: $595Net Income 2023: $1302023Revenue 2025: $750Expenses 2025: $1,140Net Income 2025: -$3902025

Highlighted filing

2025

Revenue$750
Expenses$1,140
Net Income-$390
Open 2025 Filing

Filings

Most recent year

2025 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$483
Liabilities
$373
Net assets
$110
Revenue
$750
Expenses
$1,140
Net income
-$390
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.48$0.37$0.11$0.75$1.14$0.39
2023Summary only. Only limited summary data is available for this year.$0.69$0.30$0.73$0.60$0.13
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.26$0.00$0.26$0.68$0.58$0.10
2021Detailed filing. Detailed filing data is available for this year.$0.65$0.50$0.15$0.75$0.56$0.19
2020Summary only. Only limited summary data is available for this year.$0.66$0.70$0.45$0.79$0.34
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.34$0.04$0.30$0.80$0.85$0.06
2018Detailed filing. Detailed filing data is available for this year.$0.57$0.20$0.36$0.87$0.86$0.01
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.56$0.21$0.35$0.93$1.00$0.07
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.81$0.39$0.42$0.81$0.91$0.10
2015Detailed filing. Detailed filing data is available for this year.$0.64$0.12$0.52$1.41$0.55$0.86
2014Detailed filing. Detailed filing data is available for this year.$0.38$0.72$0.34$0.67$1.05$0.38
2013Summary only. Only limited summary data is available for this year.$0.22$0.17$16.1$16.4$0.36
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.40$0.40$1.07$0.72$0.35
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.18$0.12$0.06$0.92$1.25$0.33
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2025 to Dec 31, 2025
Signed
Jan 9, 2026
Return Version
2025v4.0
Gross Receipts
$750
Mission and Program Overview

Mission

Promote business in forest lake, mn.

Program Services

DescriptionGrantsExpenses
TO PROMOTE BUSINESSES IN THE FOREST LAKE, MN AREA.-$0
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
CHRIS RUDDYPresident-$0--
JOHN FREEDTreasurer-$0--
STEV STEGNERDirector-$0--
Filing and Contact Details

Filer

Filer Name
Lakes Area Business Association
EIN
41-1808010
In Care Of
% JOHN FREED
Phone
6514645390
Address
6838 167TH AVENUE, COLUMBUS, MN 55025

Signing Officer

Name
John Freed
Title
Treasurer
Phone
6514645390
Signed
2026-01-09
Discuss with paid preparer
Yes

Preparer

Firm
David E Engelking Ltd
Address
80 NW 3RD STREET, FOREST LAKE, MN 55025
Preparer
David E Engelking
Phone
6514643231
Supplemental Narrative

Additional Explanations

Description of other expenses Part I line 16

“Description AmountOPERATING EXPENSES 1,140”

Description of total liabilities Part II line 26

“Category Beginning of Year End of YearACCOUNTS PAYABLE 254 373”

Raw XML Appendix134 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.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0JOHN FREED
IRS990EZ/BooksInCareOfDetail/PhoneNum06514645390
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt06838 167TH AVENUE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0COLUMBUS
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd055025
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0754
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0483
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt0750
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-390
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0754
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0483
IRS990EZ/GrossReceiptsAmt0750
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0500
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0110
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0500
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0110
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0CHRIS RUDDY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1JOHN FREED
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2STEV STEGNER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherExpensesTotalAmt01140
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0PROMOTE BUSINESS IN FOREST LAKE, MN.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TO PROMOTE BUSINESSES IN THE FOREST LAKE, MN AREA.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0MN
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0254
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0373
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt01140
IRS990EZ/TotalRevenueAmt0750
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationAssocInd0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0750
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0750
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0725
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0680
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0750
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt03655
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt03655
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt00
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0750
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0750
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0725
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0680
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0750
IRS990ScheduleA/Total509Grp/TotalAmt03655
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0750
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0750
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0725
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0680
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0750
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt03655
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description AmountOPERATING EXPENSES 1,140
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Category Beginning of Year End of YearACCOUNTS PAYABLE 254 373
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of total liabilities Part II line 26
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JOHN FREED
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum06514645390
ReturnHeader/BusinessOfficerGrp/SignatureDt02026-01-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LAKES AREA BUSINESS ASSOCIATION
ReturnHeader/Filer/BusinessNameControlTxt0LAKE
ReturnHeader/Filer/EIN0411808010
ReturnHeader/Filer/InCareOfNm0% JOHN FREED
ReturnHeader/Filer/PhoneNum06514645390
ReturnHeader/Filer/USAddress/AddressLine1Txt06838 167TH AVENUE
ReturnHeader/Filer/USAddress/CityNm0COLUMBUS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd055025
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0411837625
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DAVID E ENGELKING LTD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt080 NW 3RD STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0FOREST LAKE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd055025
ReturnHeader/PreparerPersonGrp/PhoneNum06514643231
ReturnHeader/PreparerPersonGrp/PreparationDt02026-01-12
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DAVID E ENGELKING
ReturnHeader/ReturnTs02026-01-12T14:55:30-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02025-01-01
ReturnHeader/TaxPeriodEndDt02025-12-31
ReturnHeader/TaxYr02025

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 501(c)6 • <$500k nonprofits