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LA
Lakes Area Senior Activity Center Inc
Senior ServicesMNBrainerdEst. 1979EIN 41-1360211
65
Efficiency score — Good
Better than 14% of senior nonprofits in Minnesota
Annual revenue
$380K
2023 Form 990
CEO compensation
$64K
Total assets
$1.3M
990 filings available Tax-deductible Est. 1979
About AI summarized
The Lakes Area Senior Activity Center Inc provides a central hub for seniors in Brainerd, MN, offering a variety of programs and activities designed to promote social engagement and well-being. Their mission is to foster a vibrant community where older adults can connect, learn, and stay active.
Social gatherings and eventsRecreational activities and gamesEducational workshops and classesHealth and wellness programsInformation and referral services
Revenue trend IRS Form 990
2023
$380K
2022
$403K
2020
$366K
2019
$695K
2018
$391K
2017
$400K
2016
$538K
Revenue declined 29% between 2016 and 2023, from $538K to $380K over 7 years of filings. That is a compound annual growth rate of about -4.8% per year.
Frequently asked questions FAQ Schema
How much revenue does Lakes Area Senior Activity Center Inc report?
Lakes Area Senior Activity Center Inc reported $380K in total revenue for 2023, according to its most recently filed IRS Form 990.
How has Lakes Area Senior Activity Center Inc’s revenue changed over time?
Revenue declined 29% between 2016 and 2023, from $538K to $380K over 7 years of filings. That is a compound annual growth rate of about -4.8% per year. Figures are drawn directly from 7 years of IRS Form 990 filings.
What is Lakes Area Senior Activity Center Inc’s Efficiency Score?
Lakes Area Senior Activity Center Inc has an Efficiency Score of 65/100 (Good), higher than 14% of senior nonprofits in Minnesota. The score is calculated from overhead ratio, revenue growth, transparency, and organizational size — see our methodology for details.
How much does Lakes Area Senior Activity Center Inc pay its top executive?
According to its 2023 Form 990, Lakes Area Senior Activity Center Inc reported total compensation of $64K for its highest-paid officer or key employee. This figure comes directly from the organization’s public tax filing, not an estimate.
What are Lakes Area Senior Activity Center Inc’s total assets?
Lakes Area Senior Activity Center Inc reported $1.3M in total assets on its 2023 Form 990 filing.