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SARANAC LAKE ROTARY FOUNDATION INC

RAY BROOK, NY · EIN 141826563 · Form 990 · FY2024 · NTEE T30 · Philanthropy & Grantmaking · Small ($100K-$1M)
revenue
$520K
expenses
$543K
net assets
$310K
employees
0
program ratio
99%
mission · from form 990

TO ACQUIRE AND PROVIDE RESOURCES TO LOCAL CHARITABLE ORGANIZATIONS AND MUNICIPALITIES FOR CHARITABLE WORK, EDUCATIONAL PROJECTS AND PUBLIC IMPROVEMENTS.

profile · synthesized from sources

SARANAC LAKE ROTARY FOUNDATION INC supports local charitable organizations and municipalities in the Saranac Lake, NY area by providing resources for community projects, educational initiatives, and public improvements. The foundation funds a variety of local programs, including youth sports, community events, and infrastructure development, primarily through grantmaking. It operates as a philanthropic foundation with a focus on regional impact in upstate New York.

irs program accomplishments · form 990 part iii · fy2024

What they reported doing

  1. #1 primary $180K
    ALL OTHER 25 PROGRAMS.
  2. #2 $38K
    NORTH COUNTRY NEW YEARS: THIS UNINCORPORATED GROUP OF INDIVIDUALS PLAN AND EXECUTE A SUBSTANCE FREE NEW YEAR EVE EXPERIENCE FOR SARANAC LAKE, SURROUNDING COMMUNITIES, AND VISITORS FROM ALL OVER, WELCOMING LOCAL AND OUT OF TOWN PERFORMERS AS WELL AS UTILIZING THE RESOURCES WE HAVE IN THE COMMUNITY TO CREATE A MULTI-VENUE CROSS COMMUNITY EXPERIENCE FOR ALL AGES.
named programs · 3 · from sources

What they call their work

North Country New Years
Funds a substance-free New Year's Eve celebration in Saranac Lake featuring multi-venue, all-ages events with local and visiting performers, aimed at creating a safe community experience
Saranac Lake Nordic Ski Club Support
Supports youth participation in Nordic skiing through the Saranac Lake Central School District by funding ski equipment, season passes, training, racing programs, and school-related organizations
Saranac Lake Skate Park Support
Provided funding and support for the construction and ongoing maintenance of a 5,200 square foot concrete skate park in Saranac Lake; supports community events, landscaping, and future improvements such as lighting
activities · 4 groups

What they do

  • Capital Infrastructure Funding 1 activity
    • Funding construction and support of a community skate park
      Funds the construction, maintenance, and programming of a 5,200 square foot concrete skate park in the Village of Saranac Lake, including landscaping, sanitation facilities, and community events such as skateboarding competitions and lessons.
  • Community Foundation & United Way Support 1 activity
    • Funding local charitable programs
      Awards grants to support 25 additional charitable initiatives serving the Saranac Lake community.
  • Benefit Events for Arts and Culture 1 activity
    • Funding substance-free New Year's Eve events
      Finances community-wide, substance-free New Year's Eve celebrations in Saranac Lake and surrounding areas, featuring local and visiting performers across multiple venues for all ages.
  • Youth Outdoor & Conservation Education Scholarships 1 activity
    • Funding youth Nordic skiing programs
      Supports youth participation in Nordic skiing through the Saranac Lake Nordic Ski Club by funding ski equipment, season passes at Paul Smith's College Visitor Interpretive Center, training and racing at Dewey Mountain Nordic Ski Center, and high school program development for students in elementary, middle, and high school.
financials · form 990 · fy2024
revenue
Total revenue$520K
Contributions & grants$503K97%
Program service revenue$00%
Investment income$7K1%
Other revenue$10K
expenses
Total expenses$543K
Program expenses99%
Admin / overhead1%
Fundraising0%
Salaries & benefits$0
Grants paid out$0
Largest expense lineProfessional Fees
balance sheet
Total assets$310K
Cash$310K
Investments$0
Liabilities$0
Net assets$310K
Liquid reserves6.8 mo
6 years on record · 2019–2024 · YoY revenue +9.0%
leadership · form 990 part vii · fy2024

Who runs it

board members · 12
  • BETH PHILLIPS — Director
  • BRAD VARNER — Director
  • DIANE ROBERTS — President
  • FRANNY PRESTON — Director
  • JASEN LAWRENCE — Director
  • JENN GRISI — Director
  • JOHN BANTA — Vice President
  • JUDY STEINBERG — Director
  • JULIE CONNORS — Secretary
  • KEVIN LAPLANTE — Treasurer
  • MITCHEL SMITH — Director
  • WILLIE SHERIDAN — Director
relationships · 3

Who they work with

  • North Country New Years Partner — Funded a multi-venue, substance-free New Year's Eve celebration for the community.
  • Saranac Lake Nordic Ski Club Partner — Funded youth Nordic skiing programs within the Saranac Lake Central School District.
  • The Saranac Lake Skate Park Committee, Inc Partner — Funded the construction and ongoing support of a community skate park.