Lake 100 Inc

Lake 100 Inc is a United States-based nonprofit organization classified under section 501(c)(3) of the Internal Revenue Code. The organization focuses on community improvement and capacity building with an emphasis on economic development in Lake County.

Mission and Purpose

Lake 100 Inc is a member organization dedicated to advancing economic development within Lake County by providing education, guidance, and leadership to key influencers and stakeholders. It aims to foster leadership and collaboration among leaders to promote the progress and welfare of the local community.

Activities and Services

The organization is involved primarily in educational and capacity-building activities targeted at community improvement. By creating a network of influential leaders, Lake 100 Inc seeks to nurture strategic partnerships and initiatives that drive economic growth and development in the region.

Governance

The organization is overseen by a board of directors including positions such as President, Vice President, Secretary, Treasurer, and several board members. As of the latest financial filings, the board and key employees serve without compensation.

Financials

According to filings for the fiscal year ending December 2021, Lake 100 Inc reported total assets of $27,837 with no liabilities. Program services accounted for approximately 34.2% of total revenue, equating to $33,276. The organization had no reported income from contributions, investments, or fundraising activities in that period.

Status

Lake 100 Inc holds a tax-exempt status as a charitable organization, and donations made to the organization are tax-deductible under applicable U.S. tax laws.

This summary reflects data compiled from publicly available financial documents and organizational information as registered under EIN 812118399.