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Lakeside Legacy Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 331006907 ✦ Crystal lake, IL ✦ Designated as a 501(c)(3)

Overview

What is Lakeside Legacy Foundation?

The Lakeside Legacy Foundation, situated in Crystal Lake, Illinois, is a dedicated nonprofit organization with a mission to preserve and protect the iconic Dole Mansion and Lakeside Arts Park for community enjoyment. The foundation has successfully accomplished this goal by providing artists with studios and rental spaces, fostering a creative environment where artists of various genres, such as painters, photographers, musicians, and recording artists, can educate themselves and create inspiring works. As of the provided data, the foundation has 48 studios, with 35 currently occupied. The Lakeside Legacy Foundation's primary objective is to maintain this historic property in a natural setting, allowing the community to engage with it.


Official website here: www.lakesidelegacy.org

Is Lakeside Legacy Foundation legitimate?

Lakeside Legacy Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lakeside Legacy Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $397,757

For more financial information, click here


Official website here: www.lakesidelegacy.org

What is the mission statement of Lakeside Legacy Foundation?

The Lakeside Legacy Foundation's mission is centered around preserving and protecting a notable property, specifically the Dole Mansion and the surrounding Lakeside area, maintaining their natural and historic integrity. The foundation aims to make these resources accessible for community use, fostering an environment where artists can educate and create inspiring works. By providing artists with studios and event rental spaces, the foundation has successfully achieved this mission, with 35 studios currently occupied by artists from various genres such as painting, photography, music, and recording.


Official website here: www.lakesidelegacy.org

Who is the CEO of Lakeside Legacy Foundation?

Murray Crabtree is the Treasurer of Lakeside Legacy Foundation.


Official website here: www.lakesidelegacy.org

What is the revenue of Lakeside Legacy Foundation?

Lakeside Legacy Foundation's revenue in 2022 was $1,030,789.


Official website here: www.lakesidelegacy.org

Who are the executives of Lakeside Legacy Foundation and what are their salaries?

The average compensation at Lakeside Legacy Foundation during 2022 was $22,098. There are 18 employees and 830 volunteers at Lakeside Legacy Foundation.

Here are 8 key members and their salaries:

    Murray Crabtree (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bob Fleck (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeff Fox (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jay Lecoque (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Martin Moister (Vice Preside) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ronald Russell (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Roger Whitman (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kathleen Wooley (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.lakesidelegacy.org

    Where can I find the form 990 for Lakeside Legacy Foundation?

    The Lakeside Legacy Foundation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.lakesidelegacy.org

    Learn more at the official website: www.lakesidelegacy.org

    Mission Statement of Lakeside Legacy Foundation

    Lakeside Legacy Foundation, a nonprofit organization, is dedicated to preserving and protecting the Dole Mansion and Lakeside Property for community use in a natural and historic setting. Their mission is to provide a space where artists can educate and create inspiring works. They have achieved this by offering artists studios and event rental spaces. As of their records, they had 48 studios, with 35 of them occupied by artists from various genres, such as painters, photographers, musicians, and recording artists. The foundation's efforts aim to allow the community to experience this historic site and engage with the artistic creations it fosters.

    Impact

    This information is meant to be a general summary of Lakeside Legacy Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The Lakeside Legacy Foundation's impact lies in preserving and protecting the Dole Mansion and Lakeside property for community use in a natural and historic setting. By offering artists studios and event rental space, the foundation allows artists of various genres to educate and create inspiring works. Currently, Lakeside Legacy Foundation has 48 studios, with 35 occupied by artists such as painters, photographers, musicians, and recording artists. This initiative not only provides a platform for artistic expression but also contributes to the cultural enrichment of the community in Crystal Lake, IL.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $4,231
  • Program Service Revenue: $342,738
  • Gross Receipts: $1,747,005

    • Assets and Liabilities:
  • Total Assets: $3,210,251
  • Total Liabilities: $730,506
  • Net Assets: $2,479,745
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    EXEMPT PURPOSE RENT

    Revenue

    $221,084

    FARMER'S MARKET

    Revenue

    $86,395

    RENTAL

    Revenue

    $24,645

    LOU'S LOUNGE

    Revenue

    $7,424

    1 ST FRIDAYS

    Revenue

    $3,190

    Organization Details

    Founding Year

    2002

    Principal Officer

    Murray Crabtree

    Main Address

    401 COUNTRY CLUB RD, CRYSTAL LAKE, IL, 600145605

    NTEE Category

    Code: B90 - Education

    If you are a representative of Lakeside Legacy Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.