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Nonprofit · EIN 83-3336356

LOVIN LAKE COUNTY

Tax-exempt · TWO HARBORS, MN 55616

Financials

$1.7M$1.9M2023$1.6M$1.9M2024
Revenue Expenses · by fiscal year end
Financials of LOVIN LAKE COUNTY by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,584,580$1,859,995-$275,415$839,110$55,250$783,860
December 31, 2023990$1,702,194$1,863,306-$161,112$1,240,799$181,524$1,059,275
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$20,000
of which government grants
$20,000
Program service revenue
$1,563,664
Investment income
$916
Other revenue
$0

Expenses

Grants and similar amounts paid
$704,246
Compensation of officers, directors and key employees
$83,685
Other salaries and wages
$174,250
Salaries, compensation and benefits (total)
$288,367
Professional fundraising fees
$0
Accounting fees
$4,800
Occupancy
$11,139
Travel
$15,962
Depreciation
$36,371
Program services (functional)
$1,773,661
Management and general (functional)
$86,334

Balance sheet and other

Total assets, start of year
$1,240,799
Total assets, end of year
$839,110
Total liabilities, end of year
$55,250
Net assets, end of year
$783,860
Land, buildings and equipment
$93,989
Net assets without donor restrictions
$783,860
Gross receipts
$1,584,580
Employees
4
Volunteers
7
Year formed
2019
State of legal domicile
MN

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
Janelle JonesExecutive Director
Trustee or director
40$83,685
Amy JordahlBoard Chair
Trustee or director, Officer
1$0
Dustin GoutermontBoard Secretary
Trustee or director, Officer
0.5$0
Michael CavallinTreasurer
Trustee or director, Officer
1$0
Michelle HauganBoard member
Trustee or director
0.5$0
Sara CuypersBoard member
Trustee or director
0.5$0
Rick GoutermontBoard member
Trustee or director
0.5$0
Rick HogensonBoard member
Trustee or director
0.5$0
990 for the year ended December 31, 2023: 8 people
NameTitleHours / weekCompensation
Janelle JonesExecutive Director
Trustee or director
40$71,700
Amy JordahlBoard Chair
Trustee or director, Officer
1$0
Dustin GoutermontBoard Secretary
Trustee or director, Officer
0.5$0
Michael CavallinTreasurer
Trustee or director, Officer
1$0
Michelle HaugenBoard member
Trustee or director
0.5$0
Sara CuypersBoard member
Trustee or director
0.5$0
Rick GoutermontBoard member
Trustee or director
0.5$0
Rick HogensonBoard member
Trustee or director
0.5$0

Address and contacts

Address (IRS master file)
1328 HIGHWAY 61, TWO HARBORS, MN 55616-2040
Principal officer (990 for 2024)
Janelle Jones, 1328 Highway 61, Two Harbors, MN 55616
Signed the 990
Janelle Jones, Executive Director
Phone
(218) 391-5081
Return prepared by
STERLE & CO LTD

Mission

To promote and develop tourism through marketing and events, stimulating Lake Countys economy, enhancing the quality of life for all residents, and protecting the areas unique attributes for the continual benefit of its citizens.

990 for the year ended December 31, 2024

Program accomplishments

  • To promote tourism and area festivals through marketing and local events, stimulating Lake Countys economy, enhancing the quality of life for all residents, and protecting the areas unique attributes for the continual benefit of its citizens.

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
83-3336356
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
2024
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$839,110
Income (IRS master file)
$1,584,580

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,584,580$1,859,995$839,110XML
990December 2023$1,702,194$1,863,306$1,240,799XML
990December 2022$2,239,493$1,421,269$1,245,364IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 83-3336356).

Questions about LOVIN LAKE COUNTY

What is the EIN of LOVIN LAKE COUNTY?
The employer identification number (EIN) of LOVIN LAKE COUNTY is 83-3336356.
Is LOVIN LAKE COUNTY tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2024.
Are donations to LOVIN LAKE COUNTY tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does LOVIN LAKE COUNTY file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of LOVIN LAKE COUNTY due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did LOVIN LAKE COUNTY last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of LOVIN LAKE COUNTY?
The 990 for the year ended December 31, 2024 names Janelle Jones.
Who are the officers and directors of LOVIN LAKE COUNTY?
The 990 for the year ended December 31, 2024 lists 8 people; 1 received compensation from the organization, the highest $83,685 (Janelle Jones, Executive Director).
How much revenue does LOVIN LAKE COUNTY have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,584,580, expenses of $1,859,995 and total assets of $839,110 at year end.

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