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Lakes Media Collaborative Inc

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Arts, Culture and Humanities / Television (NTEE)

Details

According to its Dec. 2023 tax filing, this nonprofit:

Reported conflict of interest transactions
Organizations must report loans, grants or business transactions with interested parties, which may include key employees and officers, their family members and any businesses in which they hold a controlling interest. These transactions must be reported on Schedule L.

Summary charts: organization finances over time

Revenue
$1.42k (2023)

Expenses
$99.5k (2023)

Total Assets
$522k (2023)

Total Liabilities
$0 (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,419
Expenses
$99,547
Net Income
-$98,128
Net Assets
$522,179
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $1,419
100%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $66,000
66.3%
Assets/Debt
Total Assets $522,179
Total Liabilities $0
Net Assets $522,179
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Dave Henschke (Executive Di) $66,000 $0 $0
Kenn Dols (Chair) $0 $0 $0
Nancy Cross (Secretary) $0 $0 $0
Chris Ford (Treasurer) $0 $0 $0
Bill Satre (Director) $0 $0 $0
James Dehen (Director) $0 $0 $0
Shannon Dehen (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$522
Expenses
$67,824
Net Income
-$67,302
Net Assets
$620,307
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $522
100%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $36,000
53.1%
Assets/Debt
Total Assets $620,307
Total Liabilities $0
Net Assets $620,307
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Dave Henschke (Executive Di) $41,000 $0 $0
Nancy Cross (Secretary) $0 $0 $0
Kenn Dols (Chair) $0 $0 $0
Chris Ford (Treasurer) $0 $0 $0
Bill Satre (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$69
Expenses
$25,190
Net Income
-$25,121
Net Assets
$687,609
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $69
100%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $687,609
Total Liabilities $0
Net Assets $687,609
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Jill Carlson Ferrie (Director) $0 $0 $0
Nancy Cross (Secretary) $0 $0 $0
Kenn Dols (Chair) $0 $0 $0
Chris Ford (Treasurer) $0 $0 $0
Bill Satre (Director) $0 $0 $0
Dave Henschke (Executive Di) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$71
Expenses
$27,731
Net Income
-$27,660
Net Assets
$712,730
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $71
100%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $712,730
Total Liabilities $0
Net Assets $712,730
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Nancy Cross (Secretary) $0 $0 $0
Kenn Dols (Chair) $0 $0 $0
Chris Ford (Treasurer) $0 $0 $0
Dave Henschke (Executive Di) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$66,386
Expenses
$24,466
Net Income
$41,920
Net Assets
$740,390
Notable Sources of Revenue Percent of Total Revenue
Contributions $66,318
99.9%
Program Services $0
Investment Income $68
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $740,390
Total Liabilities $0
Net Assets $740,390
Compensation
Key Employees and Officers Compensation Related Other
Nancy Cross (Secretary) $0 $0 $0
Kenn Dols (Chair) $0 $0 $0
Chris Ford (Treasurer) $0 $0 $0
Dave Henschke (Gen Manager) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$107,326
Expenses
$23,819
Net Income
$83,507
Net Assets
$746,931
Notable Sources of Revenue Percent of Total Revenue
Contributions $107,269
99.9%
Program Services $0
Investment Income $57
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $746,931
Total Liabilities $0
Net Assets $746,931
Compensation
Key Employees and Officers Compensation Related Other
Ken Dols (Chair) $0 $0 $0
Nancy Cross (Secretary) $0 $0 $0
Chris Ford (Treasurer) $0 $0 $0
Dave Henschke (Gen Manager) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$107,326
Expenses
$25,272
Net Income
$82,054
Net Assets
$663,424
Notable Sources of Revenue Percent of Total Revenue
Contributions $107,269
99.9%
Program Services $0
Investment Income $57
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $663,424
Total Liabilities $0
Net Assets $663,424
Compensation
Key Employees and Officers Compensation Related Other
Ken Dols (Chair) $0 $0 $0
Nancy Cross (Secretary) $0 $0 $0
Chris Ford (Treasurer) $0 $0 $0
Dave Henschke (Gen Manager) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$103,286
Expenses
$37,088
Net Income
$66,198
Net Assets
$581,370
Notable Sources of Revenue Percent of Total Revenue
Contributions $103,236
100.0%
Program Services $0
Investment Income $50
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $581,370
Total Liabilities $0
Net Assets $581,370
Compensation
Key Employees and Officers Compensation Related Other
Ken Dols (Vice Chair) $0 $0 $0
Nancy Cross (Secretary) $0 $0 $0
Chris Ford (Treasurer) $0 $0 $0
Dave Henschke (Gen Manager) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$100,567
Expenses
$30,965
Net Income
$69,602
Net Assets
$515,172
Notable Sources of Revenue Percent of Total Revenue
Contributions $100,520
100.0%
Program Services $0
Investment Income $47
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $515,172
Total Liabilities $0
Net Assets $515,172
Compensation
Key Employees and Officers Compensation Related Other
Ken Dols (Vice Chair) $0 $0 $0
Nancy Cross (Secretary) $0 $0 $0
Chris Ford (Treasurer) $0 $0 $0
Dave Henschke (Gen Manager) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$96,492
Expenses
$34,598
Net Income
$61,894
Net Assets
$445,570
Notable Sources of Revenue Percent of Total Revenue
Contributions $96,452
100.0%
Program Services $0
Investment Income $40
0.0%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $445,570
Total Liabilities $0
Net Assets $445,570
Compensation
Key Employees and Officers Compensation Other
Ken Dols (Vice Chair) $0 $0
Nancy Cross (Secretary) $0 $0
Chris Ford (Treasurer) $0 $0
Dave Henschke (Gen Manager) $0 $0

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$90,908
Expenses
$31,800
Net Income
$59,108
Net Assets
$383,676
Notable Sources of Revenue Percent of Total Revenue
Contributions $90,873
100.0%
Program Services $0
Investment Income $35
0.0%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $383,676
Total Liabilities $0
Net Assets $383,676
Compensation
Key Employees and Officers Compensation Other
Ken Dols (Vice Chair) $0 $0
Nancy Cross (Secretary) $0 $0
Chris Ford (Treasurer) $0 $0
Dave Henschke (Gen Manager) $0 $0

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$90,352
Expenses
$36,329
Net Income
$54,023
Net Assets
$324,568
Notable Sources of Revenue Percent of Total Revenue
Contributions $90,302
99.9%
Program Services $0
Investment Income $50
0.1%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $324,568
Total Liabilities $0
Net Assets $324,568

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$102,687
Expenses
$42,792
Net Income
$59,895
Net Assets
$270,544
Notable Sources of Revenue Percent of Total Revenue
Contributions $101,744
99.1%
Program Services $850
0.8%
Investment Income $93
0.1%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $270,544
Total Liabilities $0
Net Assets $270,544

Document Links

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

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Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

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