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2024.03.18 CC Packet
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2024.03.18 CC Packet
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9/16/2024 3:49:39 PM
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City Council
Document Type
Agenda/Packets
Meeting Date
3/18/2024
Meeting Type
Regular
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BOARD OF DIRECTORS (as of December 31, 2023) <br />EXECUTIVE COMMITTEE <br />Chair – Rick Peterson, Forest Lake Police Department, Chief of Police <br />Chair-elect – Renee Wagner, Xcel Energy Director <br />Treasurer – Jim Gillach, Associate Principal, Chisago Lakes School District <br />Secretary - Keriann Hallberg – Community Member <br />Immediate Past Chair - Jim Schoppenhorst – Retired Business Executive <br />OFFICERS <br />Mike Aschenbrenner, Chief of Police, Retired <br />Neil Bauer, Wyoming Public Safety Director, Police Chief <br />Joe Kryschyshen, Retired Probation Officer, Washington County <br />Kathy Lillis, Realtor, Gambling Specialist for LC4YF <br />Katie Malchow, Chisago County Outreach and Initiative Coordinator <br />Steve Massey, Superintendent, Forest Lake Area Schools <br />Lakes Center for Youth & Families is committed to strong <br />fiscal health and transparency. The financial summary <br />below is unaudited at the time of publishing this report. <br />The financial audit conducted by Harrington Langer & <br />Associates will be available online at www.lc4yf.org <br />when it is completed. <br />Assets <br />Current Assets $572,757.39 <br />Fixed Assets $209,542.77 <br />Total Assets $782,300.16 <br />Liabilities & Equity <br />Current Liabilities $88,510.32 <br />Equity $693,789.84 <br />Total Liabilities & SE $782,300.16 <br />BALANCE SHEET <br />YEAR ENDING DECEMBER 31, 2023 <br />CALC ULATEFINANCIAL SUMMARY <br />Total Expenses by Function <br />Counseling $670,183.10 <br />Enrichment $240,254.32 <br />Intervention $227,609.36 <br />Total Program Services $1,138,046.78 <br />General and Administrative $75,869.79 <br />Fundraising and Development $50,579.85 <br />Total General and Administrative, $126,449.64 <br />Fundraising and Development <br />Total Expenses $1,264,496.42 <br />STATEMENT OF FUNCTIONAL EXPENSES <br />YEAR ENDING DECEMBER 31, 2023 <br />“The mission of Lakes <br />Center for Youth & Families <br />is to ensure the success of <br />youth, adults, and families <br />through programming to <br />meet the ever-changing <br />needs of our community”.
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