Public Charity

LAKE PANORAMA ASSOCIATION

LAKE PANORAMA ASSOCIATION is a nonprofit organization categorized as Public Charity based in PANORA, IA. Its most recent IRS filing (2025) reports revenue of $7.5M, expenses of $7.4M, total assets of $17.9M.

EIN: 426139366 PANORA, IA Latest filing: 2025
Total Revenue$7.5M
Total Expenses$7.4M
Total Assets$17.9M
Grant Records0
Filing Years2021–2025

Mission

THE PURPOSE OF THE LAKE PANORAMA ASSOCIATION SHALL BE:1. TO PROVIDE A MEANS WHEREBY THE STREETS AND THOSE AREAS WITHIN THE PROJECT DESIGNATED AS PARKS OR PEDESTRIAN EASEMENTS ON THE PLATS THEREOF AND SUCH OTHER RECREATIONAL FACILITIES (SEE SCH O.)WITHIN THE PROJECT AS MAY BE CONVEYED TO THE ASSOCIATION MAY BE OPERATED, MAINTAINED, REPAIRED, AND REPLACED.2. TO PROVIDE A MEANS FOR THE PROMULGATION AND ENFORCEMENT OF ALL REGULATIONS NECESSARY TO THE GOVERNING OF THE USE AND ENJOYMENT OF SUCH STREETS, PARKS, PEDESTRIAN EASEMENTS, AND SUCH OTHER RECREATIONAL FACILITIES WITHIN THE PROJECT AS MAY BE CONVEYED TO THE ASSOCIATION.3. TO WORK WITH GOVERNMENT AGENCIES TO PROMOTE EFFICIENT FIRE PROTECTION, POLICE PROTECTION, UTILITY REGULATION, POLLUTION CONTROL AND WATER CONSERVATION.4. TO PROVIDE FOR THE ACQUISITION AND MANAGEMENT OF REAL ESTATE AND PERSONAL PROPERTY FOR THE MUTUAL BENEFIT OF THE MEMBERS OF THE LAKE PANORAMA SUBDIVISION.

Where $100 goes at Lake Panorama Association

How Lake Panorama Association divides every $100 it spends, from its own Form 990 filings, averaged across 5 years.

$82 Programs the work itself
$18 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $82 for programs

$28
Oversee and administer the operations of the lake panorama national resort and conference center
34% of program spending
$21
Water
26% of program spending
$18
Oversee the care of the streets, roadways, grounds, beaches and buildings and equipment owned by the association
22% of program spending · Reported in the filing: 43 miles of streets

Plus 1 more program. Cost per person served and the full program breakdown are on the full profile.

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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

LPA-CONTROLLER Danna Krambeer
PRESIDENT David Finneseth
TREASURER Dennis Flanery
DIRECTOR Jackson Whiton
GENERAL MANAGER - LPA John Rutledge
SECRETARY Mark Jorgensen

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2025 $7.5M $7.4M $17.9M
2024 $6.9M $7.1M $17.8M
2023 $6.7M $6.8M $18.0M
2022 $6.3M $6.5M $18.2M
2021 $6.4M $5.8M $17.8M

Between 2021 and 2025, reported annual revenue grew from $6.4M to $7.5M (+16%), with total assets most recently reported at $17.9M.

Interactive year-over-year charts and full filing details available with membership.

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