There is no formal Mission Statement. The Last Will and Testament of Florence Lake created this charitable trust. The Will specifically lists the three organizations that are to receive annually one third of the trust income. The Will further states that the Central Institute for the Deaf and the Community College are to use the funds to establish scholarship fund to help students, The Will states that the amounts paid each year must be distributed annually for scholarships. The Devils Lake Foundation is to use the annual payment for qualified charitable purposes and such funds are to be distributed annually. The Trust holds annual meetings. The meetings are attended by members of the supported organizations. These organizations submit an annual report regarding the use of the funds
Executive compensation
Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2024
| Position | Total |
|---|---|
Co-trustee Institutional Trustee | $18k $20k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 2 unpaid individuals.
Revenue and expenses over time
FLORENCE LAKE CHARITABLE TRUST 20000701 reported revenue and expenses across 2 filing years.
Common questions about FLORENCE LAKE CHARITABLE TRUST 20000701
What does the Institutional Trustee of FLORENCE LAKE CHARITABLE TRUST 20000701 earn?
In 2024, the Institutional Trustee of FLORENCE LAKE CHARITABLE TRUST 20000701 received $18,226 in total compensation. Based on IRS Form 990 data.
What are FLORENCE LAKE CHARITABLE TRUST 20000701's revenue and expenses?
In 2024, FLORENCE LAKE CHARITABLE TRUST 20000701 reported $156k in total revenue and $133k in total expenses on its IRS Form 990.
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