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Filing year 2023

LAKE SUMMIT FOUNDATION INC

Hendersonville, North Carolina·EIN 58-1727959·3
Total revenue
$172k
Total assets
$2.2M
Total expenses
$104k
Reported officers
12
Mission

CONTRIBUTIONS FOR EDUCATION AND CONSERVATION AND SUPPORT THE ADMINISTRATION AND OPERATION OF A PUBLIC PARK.

Executive compensation

Form 990 · Schedule J · 1 reported individual · Filing year 2023

Secretary
Officer (Unspecified)
$25k
$27k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 11 unpaid individuals.

Up 9%
from 2021

From $23k in 2021 to $25k in 2023.

$23k
2021
$25k
2023
In today's dollarsEst.
Down 4% in real terms$28k to $27k

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

LAKE SUMMIT FOUNDATION INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$957k
$81k
2021
$172k
$104k
2023
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about LAKE SUMMIT FOUNDATION INC

What are LAKE SUMMIT FOUNDATION INC's revenue and expenses?

In 2023, LAKE SUMMIT FOUNDATION INC reported $172k in total revenue and $104k in total expenses on its IRS Form 990.

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