Pelican Lake Property Owners Association
Nonprofit profile at a glance
- EIN
- 411439367
- IRS 990-EZ coverage
- 2010–2025
- Forms available
- Form 990-EZ 2025
- Location
- Detroit Lakes, MN, USA
- Phone
- 7013718181
- Rating
- 84
- Verdict
- STRONG
- Rating confidence
- Moderate
Reported finances
- Revenue
- $83,617
- Expenses
- $89,788
- Assets
- $95,240
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
26 people listed
Executive titles in this filing
- Keith Berndt (Past President)
- Sherry Trepp (Past President)
- Karen Hart (Past President)
- Fred Hage (President Elect)
- Russ Serverson (Past President)
- Al Weigel (President)
People named in this filing
- Keith Berndt (Past President)
- Donald Meidinger (Treasurer)
- Sherry Trepp (Past President)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The Betterment of the Pelican Lake Community.
What it reported doing in 2025
Pelican Lake has been Star Lake Certified since 2011, and is one of only 13 lakes in Minnesota to hold this certification. The qualifying requirements to obtain this "Star Lake" status include the promotion of stewardship of the lake through member participation in educational programs, water quality monitoring, shoreline restoration projects along with all the other programs we have going on around the lake that promote the clean use of the lake. The PLPOA continues to work towards the betterment of the Pelican Lakes Community. We publish an annual member directory, and had roughly 800 members included in our current directory. We take pride in our lake, and work to ensure its enjoyment by both current and future generations. In the current year, we asked beach captains to inform our patrons of current lake issues, a successful clean up/special trash pick-up day, and a huge 4th of July boat parade. In addition the PLPOA continues to address specific issues to protect and improve the quality of the lake.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Direct operator. The filing allocates 96% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 89
- Transparency & Controls: 82
- Sustainability: 31
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 91.7%; rating input score 92
- Program expense ratio: 85.4%; rating input score 85
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -7.4%; rating input score 32; 32nd percentile among comparable filings
- Total-asset coverage ratio: 1.06; rating input score 49; 49th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 3.3%; rating input score 11; 11th percentile among comparable filings
Growth
- Program expense growth: 5.4% per year; rating input score 100; 62nd percentile among comparable filings
- Revenue growth: 1.3% per year; rating input score 100; 55th percentile among comparable filings
- Asset growth: 0.8% per year; rating input score 100; 41st percentile among comparable filings
Details
- Where the money goes: 91.7% of revenue deployed · 85.4% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $77K in reported program spending
- Leadership: top reported pay $0 · 26 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 1 filed schedules
- Filing history: 15 filing years from 2010 to 2025
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Sustainability: Operating margin scored 32/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 49/100.
- High — Sustainability: Officer compensation ratio scored 11/100.