Overview
What is Andover Lake Management Association Inc?
The Andover Lake Management Association Inc is a nonprofit organization situated in a township, holding exclusive ownership of Andover Lake's lake bottom and related real estate parcels. Their primary role encompasses maintaining and ensuring the lake, including the dam and walkway, as well as overseeing water quality analysis. They are also responsible for managing insurance and property taxes. Furthermore, the Association has taken initiative by purchasing a land parcel adjacent to the dam to offset expenses, thereby contributing to the overall upkeep and preservation of Andover Lake.
Is Andover Lake Management Association Inc legitimate?
Andover Lake Management Association Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Andover Lake Management Association Inc submitted a form 990EZ, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
What is the mission statement of Andover Lake Management Association Inc?
The Andover Lake Management Association Inc serves as a non-profit organization with a primary focus on maintaining and ensuring the well-being of Andover Lake. Their responsibilities include managing the lake's dam and walkway, overseeing water quality analysis, and handling insurance and property tax matters related to the lake's lake bottom and other real estate parcels. The association also engages in proactive initiatives, such as purchasing a land parcel adjacent to the dam to help manage associated expenses. In essence, their mission is to safeguard and preserve the lake's environment and infrastructure for the benefit of the community.
Who is the CEO of Andover Lake Management Association Inc?
Linda Derick is the President of Andover Lake Management Association Inc.
What is the revenue of Andover Lake Management Association Inc?
Andover Lake Management Association Inc's revenue in 2022 was $64,000.
Who are the executives of Andover Lake Management Association Inc and what are their salaries?
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990EZ for Andover Lake Management Association Inc?
Andover Lake Management Association Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of Andover Lake Management Association Inc
Andover Lake Management Association, as a non-profit civic and environmental organization, holds exclusive ownership of Andover Lake's lake bottom and other real estate parcels in the Township. Its primary mission is to maintain and ensure the lake, including the dam and walkway, ensuring the lake's overall condition. The organization carries out water quality analysis to monitor the lake's health and takes care of insurance and property tax management. Beyond these fundamental responsibilities, Andover Lake Management Association has also initiated programs. One such program involves purchasing a land parcel adjacent to the capitalized dam to help manage associated expenses. This mission statement demonstrates Andover Lake Management Association's commitment to preserving and maintaining the lake while also managing its financial responsibilities.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Andover Lake Management Association Inc plays a crucial role in the stewardship and preservation of Andover Lake and its surrounding environment. By maintaining exclusive ownership of the lake bottom and adjacent real estate parcels, the Association ensures the integrity and health of this vital natural resource. Its activities include regular maintenance and insurance of the lake, the dam, and the walkway, which are essential for public safety and environmental sustainability.
The Association is committed to enhancing water quality through systematic analysis, enabling informed decisions to protect aquatic ecosystems. Additionally, by managing property taxes and insurance, it secures the financial viability necessary for ongoing lake management and preservation efforts. The strategic acquisition of adjacent land parcels also supports long-term planning and resource management, linking expenses to maintain and improve infrastructure around the lake.
Through these initiatives, the Andover Lake Management Association fosters a sense of community responsibility and environmental stewardship, positively impacting both residents and local wildlife, while ensuring the lake remains a recreational and ecological asset for future generations.
This information is meant to be a general summary of Andover Lake Management Association Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Gross Receipts: $64,000
Assets and Liabilities:
- Total Assets: $320,726
- Total Liabilities: $0
- Net Assets: $320,726
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Phone
(860) 742-5606Principal Officer
Linda Derick
Main Address
P O Box 3, Andover, CT, 06232
NTEE Category
Code: L50 - Housing
If you are a representative of Andover Lake Management Association Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.