Salem Lakes Preservation Association Inc

Nonprofit profile at a glance

EIN
845148447
IRS 990-EZ coverage
2023–2025
Forms available
Form 990-EZ 2025, Form 990-N 2022
Location
Derby, VT, USA
Rating
63
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Natural Resources Conservation and Protection

Reported finances

Revenue
$28,494
Expenses
$10,168
Assets
$93,699
Liabilities
$1,148

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

13 people listed

Executive titles in this filing

  • TIMOTHY VOTAPKA (PRESIDENT)
  • THOMAS JACKMAN (VICE PRESIDENT)

People named in this filing

  • ANDREA OGILVIE (TREASURER)
  • TIMOTHY VOTAPKA (PRESIDENT)
  • THOMAS JACKMAN (VICE 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

To preserve the salem lakes and educate property owners and visitors to the lakes on how to best protect and preserve the lakes to benefit current and future generations.

What it reported doing in 2025

Run website and print and distribute materials to educate the public on aquatic invasive species. Assist with monitoring for and removing aquatic invasives discovered in the salem lakes. Beneficiary is the general public who have access to these water bodies.

Operating model

Revenue model
Donor-supported. 98% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% 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

SUPPORTED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 51
  • Transparency & Controls: 82
  • Sustainability: 80
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 31.4%; rating input score 31
  • Program expense ratio: 84%; rating input score 84

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 64.3%; rating input score 94; 94th percentile among comparable filings
  • Total-asset coverage ratio: 9.22; rating input score 91; 91st percentile among comparable filings
  • Liabilities to assets ratio: 0.01; rating input score 24; 24th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -124.5% per year; rating input score 0; 2nd percentile among comparable filings
  • Revenue growth: -72.2% per year; rating input score 0; 4th percentile among comparable filings
  • Asset growth: 32.6% per year; rating input score 100; 91st percentile among comparable filings

Details

  • Where the money goes: 31.4% of revenue deployed · 84% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $9K in reported program spending
  • Leadership: top reported pay $0 · 13 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 3 filing years from 2023 to 2025
  • Contacts: How to reach this organization
  • 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 — Financial Efficiency: Mission deployment rate scored 31/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 24/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.