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Filing year 2024

LAKES AREA SENIOR ACTIVITY CENTER INC

Brainerd, Minnesota·EIN 41-1360211·3
Total revenue
$456k
Total assets
$1.4M
Total expenses
$429k
Reported officers
15
Mission

ENCOURAGING MATURE ADULTS TO ENGAGE IN HEALTHY LIVING, SOCIALIZATION, LIFE LONG LEARNING AND COMMUNITY CONNECTIONS.

Executive compensation

Form 990 · Schedule J · 1 reported individual · Filing year 2024

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

Executive Director
25th percentile to median
$68k
$73k

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 14 unpaid individuals.

Up 6%
from 2023

From $64k in 2023 to $68k in 2024.

$64k
2023
$68k
2024
In today's dollarsEst.
Up 4% in real terms$71k to $73k

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.

Pay for the position

Chief Executive Officer pay rose 6% from 2023 to 2024, while revenue rose 20%.

$64k in 2023 to $68k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

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

Revenue and expenses over time

LAKES AREA SENIOR ACTIVITY CENTER INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$380k
$390k
2023
$456k
$429k
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about LAKES AREA SENIOR ACTIVITY CENTER INC

What does the Chief Executive Officer of LAKES AREA SENIOR ACTIVITY CENTER INC earn?

In 2024, the Chief Executive Officer of LAKES AREA SENIOR ACTIVITY CENTER INC received $67,937 in total compensation. This pay is below the median (the midpoint) for Chief Executive Officer roles among nonprofits nationwide, across all sectors, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at LAKES AREA SENIOR ACTIVITY CENTER INC compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at LAKES AREA SENIOR ACTIVITY CENTER INC falls between the 25th percentile and the median.

What are LAKES AREA SENIOR ACTIVITY CENTER INC's revenue and expenses?

In 2024, LAKES AREA SENIOR ACTIVITY CENTER INC reported $456k in total revenue and $429k in total expenses on its IRS Form 990.

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