EIN 81-3649096

Lake Effect Conservancy

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
2016
Most recent tax filings
2022-12-01
Description
Lake Effect Conservancy serves as an advocate and fundraising agency for the Panoway on Wayzata Bay Initiative, a public-private partnership with the City of Wayzata. The goal of this initiative is to preserve and enhance the natural beauty of the area. During the year, Lake Effect Conservancy received $235,621 in gifts from private individuals, foundations, and businesses. In February, the board hired a new executive director to help collaborate with the City of Wayzata and keep work on track. Later in the spring... (location not included).
Total revenues
$235,621
2022
Total expenses
$302,359
2022
Total assets
$128,158
2022
Num. employees
0
2022

Program areas at Lake Effect Conservancy

Funding updatewe received $235,621 in gifts from private individuals, foundations, and businesses during the year.in february the board hired a new executive director to help collaborate with the city of wayzata and keep work on track. Later in the spring, the city of wayzata surveyed more than 400 residents to learn what they thought about the direction wayzata is headed. Low and behold, it learned that in just 18 months, panoway had become the most popular of wayzata's parks. This strong support is critical to the Conservancy's efforts to raise philanthropic funds for this project. The city and Conservancy worked hard together to complete plans for panoway's phase 2, which includes:the lakeside boardwalk stretching over 1500 feet from the depot to the historic section foreman house, creating a beautiful way for the community to enjoy the Lake away from the hustle and bustle of Lake street.the nearly 2000 feet of shoreline restoration will help revitalize the ecology of the Lake's plants and animals and improve water quality to ensure its health and well-being for future generations.new, modern transient public docks will allow more residents and visitors to access panoway, shops and restaurants from Lake minnetonkathe final plans were approved by the city council late in the year. Enough funds have been secured to allow work on phase 2 to begin in spring 2023.progress continued to be made with phase 3 elements, including the section foreman's house. Funds raised by the Conservancy assisted in work done to the house to stabilize and protect it from further deterioration. Ongoing fundraising efforts continue to build support for this part of the project.

Who funds Lake Effect Conservancy

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Schwab Charitable FundEnvironmental and Animals$90,000
BNSF FoundationCultural$25,000
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$8,550

Personnel at Lake Effect Conservancy

NameTitleCompensation
Dan KochTreasurer$0
Jon HalversonVice - Chair / Secretary / Director$0

Financials for Lake Effect Conservancy

RevenuesFYE 12/2022
Total grants, contributions, etc.$235,621
Program services$0
Investment income and dividends$0
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$235,621

Form 990s for Lake Effect Conservancy

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-13990View PDF
2021-122022-11-08990View PDF
2020-122021-11-10990View PDF
2019-122021-02-22990View PDF
2018-122019-07-12990EZView PDF
...and 1 more Form 990

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WaterWatch of OregonPortland, OR$927,995
Save the DunesMichigan City, IN$663,097
Flint RiverkeeperAlbany, GA$428,815
St Louis Audubon SocietySaint Louis, MO$209,797
Sound RiversWashington, NC$1,092,339
Prairie Rivers NetworkChampaign, IL$1,080,104
Friends of the River (FOR)Sacramento, CA$609,158
Charleston WaterkeeperMount Pleasant, SC$487,221
Friends of Casco BayPortland, ME$1,168,847
Maine Conservation AllianceAugusta, ME$815,073
Data update history
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 6, 2023
Updated personnel
Identified 9 new personnel
June 28, 2023
Posted financials
Added Form 990 for fiscal year 2020
June 25, 2023
Received grants
Identified 1 new grant, including a grant for $25,000 from BNSF Foundation
May 14, 2023
Received grants
Identified 1 new grant, including a grant for $10,000 from The Minneapolis Foundation
Nonprofit Types
Social advocacy organizationsEnvironmental organizationsCharities
Issues
Land and water conservationEnvironment
Characteristics
LobbyingFundraising eventsState / local levelEndowed supportTax deductible donationsNo full-time employees
General information
Address
294 Grove LN E 100
Wayzata, MN 55391
Metro area
Minneapolis-St. Paul-Bloomington, MN-WI
Website URL
lakeeffectconservancy.org/ 
Phone
(612) 384-8992
IRS details
EIN
81-3649096
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2016
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
C32: Water Resource, Wetlands Conservation and Management
NAICS code, primary
813312: Environment, Conservation, and Wildlife Organizations
Parent/child status
Independent
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