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Filing year 2024

LAKE AREA FOUNDATION INC

Russell Springs, Kentucky·EIN 46-1333280·NTEE T31 · Philanthropy, Voluntarism & Grantmaking Foundations·3
Total revenue
$173k
Total assets
$1.7M
Total expenses
$160k
Reported officers
7
Mission

THE MISSION OF THE ORGANIZATION IS TO ENCOURAGE PHILANTHROPIC GIVING BY PROVIDING AN ACCESSIBLE MEANS FOR CONTRIBUTIONS TO BE MADE TO PERMANENT ENDOWMENTS THAT BENEFIT CHARITABLE CONCERNS RELATED TO COMMUNITY AND ECONOMIC DEVELOPMENT, EDUCATION, HEALTH AND HUMAN SERVICES, THE ARTS, PUBLIC RECREATION, AND CIVIC BEAUTIFICATION.

Reported officers (all unpaid)

No paid executives reported in 2024. LAKE AREA FOUNDATION INC reported 7 unpaid officers and board members on its 990.

President
Secretary
Vice President
Treasurer
Director
Director
Director
Financial trend

Revenue and expenses over time

LAKE AREA FOUNDATION INC reported revenue and expenses across 3 filing years.

RevenueExpenses
$68k
$36k
2022
$217k
$45k
2023
$173k
$160k
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Kentucky

LAKE AREA FOUNDATION INC reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Kentucky earns a median of $12,825.

25th percentile
$6k
Median
$12,825
75th percentile
$30k
90th percentile
$60k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 78 organizations across 78 filings (2021 – 2023).

See full Philanthropy, Voluntarism & Grantmaking pay data for Kentucky
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