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Nonprofit · EIN 86-1645499

LAKE MONROE WATER FUND INC

Tax-exempt · BLOOMINGTON, IN 47404

Financials

$113K$92K2023$138K$134K2024
Revenue Expenses · by fiscal year end
Financials of LAKE MONROE WATER FUND INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-EZ$137,502$133,794$3,708$95,759$0$95,759
December 31, 2023990-EZ$113,084$92,256$20,828$92,051–$92,051
Financial details: 990-EZ for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$137,502

Expenses

Grants and similar amounts paid
$24,620
Compensation of officers, directors and key employees
$49,094
Salaries, compensation and benefits (total)
$58,630
Professional fees and payments to contractors
$23,352
Occupancy
$300
Printing, publications and postage
$1,972
Other expenses
$24,920

Balance sheet and other

Total assets, start of year
$92,051
Total assets, end of year
$95,759
Total liabilities, end of year
$0
Net assets, end of year
$95,759
Cash, savings and investments
$95,759
Gross receipts
$137,502

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-EZ for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
Michelle CohenExecutive Direc30$49,094
Jane MartinPresident & Treasurer10$0
Eric SpoonmoreDirector2$0
Cassie HauswaldSecretary2$0
Justin MeschterDirector2$0
Alex CrowleyDirector2$0
Dan DavisDirector2$0
Christian FreitagDirector2$0
Sandy LynchDirector2$0
Scott MillsDirector2$0
Joe SchmeesDirector2$0
Teri WilleyDirector2$0
990-EZ for the year ended December 31, 2023: 13 people
NameTitleHours / weekCompensation
Michelle CohenExecutive Direc30$34,019
Jane MartinPresident10$0
Eric SpoonmoreTreasurer2$0
Cassie HauswaldSecretary2$0
Josh WagnerDirector2$0
Alex CrowleyDirector2$0
Dan DavisDirector2$0
Christian FreitagDirector2$0
Jane KupersmithDirector2$0
Sandy LynchDirector2$0
Scott MillsDirector2$0
Joe SchmeesDirector2$0
Teri WilleyDirector0$0

Address and contacts

Address (IRS master file)
642 N MADISON ST, BLOOMINGTON, IN 47404-4095
In care of
% W WILLIAM WEEKS
Mailing address (990-N for 2020)
642 North Madison Avenue, Bloomington IN 47404
Principal officer (990-N for 2020)
Jane Martin, PO BOX 1290, Bloomington IN 47402
Signed the 990-EZ
Michelle Cohen, Executive Director
Phone
(812) 213-0411
Return prepared by
Stampfli Associates CPAs PC

Mission

The Lake Monroe Water Fund was created for public, educational, and charitable purposes, including developing a durable and reliable structure that will facilitate community investment in mutually beneficial watershed and water protection practices to ensure that Lake Monroe provides an abundant supply of high quality water for people, wildlife, business, and recreation.

990-EZ for the year ended December 31, 2024

Program accomplishments

  • Secured shovel-ready projects in all three primary focus areas:planting trees, improving septic systems, and reducing fertilizerrunoff.

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-EZ on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
86-1645499
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2021
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Environment (C32)
Assets (IRS master file)
$95,759
Income (IRS master file)
$137,502

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2024$137,502$133,794$95,759XML
990-EZDecember 2023$113,084$92,256$92,051XML
990-EZDecember 2022–––IRS
990-EZDecember 2021–––IRS
990-N for 2020
Officer: Jane Martin
April 30, 2021≤ $50,000 receipts––e-Postcard

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 86-1645499).

Questions about LAKE MONROE WATER FUND INC

What is the EIN of LAKE MONROE WATER FUND INC?
The employer identification number (EIN) of LAKE MONROE WATER FUND INC is 86-1645499.
Is LAKE MONROE WATER FUND INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
Are donations to LAKE MONROE WATER FUND INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does LAKE MONROE WATER FUND INC 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 LAKE MONROE WATER FUND INC 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 LAKE MONROE WATER FUND INC last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
Who is the principal officer of LAKE MONROE WATER FUND INC?
The 990-N for 2020 names Jane Martin.
Who are the officers and directors of LAKE MONROE WATER FUND INC?
The 990-EZ for the year ended December 31, 2024 lists 12 people; 1 received compensation from the organization, the highest $49,094 (Michelle Cohen, Executive Direc).
How much revenue does LAKE MONROE WATER FUND INC have?
On its 990-EZ for the year ended December 31, 2024 it reported revenue of $137,502, expenses of $133,794 and total assets of $95,759 at year end.

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