Public Charity

LAKE AREA IMPROVEMENT CORPORATION

LAKE AREA IMPROVEMENT CORPORATION is a nonprofit organization categorized as Public Charity based in MADISON, SD. Its most recent IRS filing (2024) reports revenue of $6.9M, expenses of $4.1M, total assets of $20.0M. Imperigo tracks 10 reported grant relationships connected to this organization totaling approximately $148K.

EIN: 510183368 MADISON, SD Latest filing: 2024
Total Revenue$6.9M
Total Expenses$4.1M
Total Assets$20.0M
Grant Records10
Funding Total$148K
Filing Years2020–2024

Mission

TO ENHANCE THE QUALITY OF LIFE FOR ALL CITIZENS OF THE LAKE COUNTY AREA AND TO FACILITATE THE DEVELOPMENT AND RETENTION OF QUALITY JOBS THAT ARE ENVIRONMENTALLY AND ECONOMICALLY COMPATIBLE FOR LAKE COUNTY.

Officers & Directors

EXECUTIVE DI Brooke Rollag
DIRECTOR Dan Roemen
DIRECTOR Delon Mork
DIRECTOR Dennis Slaughter
DIRECTOR Dr Jose-Marie Griffiths
DIRECTOR Dustin Williams

Officer compensation and complete director data available with membership.

Top Grant Purposes

GENERAL SUPPORT
$87,500 3 grants
ECONOMIC DEVELOPMENT
$60,000 6 grants

Financial Trends

Year Revenue Expenses Assets
2024 $6.9M $4.1M $20.0M
2023 $1.2M $492K $15.4M
2022 $1.4M $419K $13.9M
2021 $1.0M $401K $12.0M
2020 $482K $330K $11.3M

Between 2020 and 2024, reported annual revenue grew from $482K to $6.9M (+1323%), with total assets most recently reported at $20.0M.

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

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