Overview
What is Andover Lake Property Owners Association Inc?
The Andover Lake Property Owners Association Inc, based in Andover, Connecticut, is a nonprofit organization with a primary focus on the preservation and conservation of Andover Lake, its beach, and surrounding areas. With a team of 11 dedicated individuals, their mission extends to disseminating scientific information about the lake's health to the community. Their financial responsibilities include contributing to the maintenance of the lake, paying for insurance, and taxes to their affiliate, Andover Lake Management Association, Inc. Their commitment to the lake and its environment demonstrates their dedication to ensuring the lake remains in its pristine state for the benefit of the community.
Official website here: www.andoverlake.com
Is Andover Lake Property Owners Association Inc legitimate?
Andover Lake Property Owners Association Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Andover Lake Property Owners Association Inc submitted a form 990, 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $32,789
For more financial information, click here
Official website here: www.andoverlake.com
What is the mission statement of Andover Lake Property Owners Association Inc?
The Andover Lake Property Owners Association's primary objective is dedicated towards preserving and maintaining the pristine state of Andover Lake, its beach, and surrounding areas. This organization also focuses on disseminating scientific information related to the lake's health to the community. Their mission is centered around conserving the lake's natural beauty and ensuring a comprehensive understanding of its health among the local community. The association also pays for lake maintenance, insurance, and taxes through the Andover Lake Management Association, Inc.
Official website here: www.andoverlake.com
Who is the CEO of Andover Lake Property Owners Association Inc?
Michael Burke is the President of Andover Lake Property Owners Association Inc.
Official website here: www.andoverlake.com
What is the revenue of Andover Lake Property Owners Association Inc?
Andover Lake Property Owners Association Inc's revenue in 2022 was $154,658.
Official website here: www.andoverlake.com
Who are the executives of Andover Lake Property Owners Association Inc and what are their salaries?
The average compensation at Andover Lake Property Owners Association Inc during 2022 was $2,981. There are 11 employees and 15 volunteers at Andover Lake Property Owners Association Inc.
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Official website here: www.andoverlake.com
Where can I find the form 990 for Andover Lake Property Owners Association Inc?
Andover Lake Property Owners Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.andoverlake.com
Learn more at the official website: www.andoverlake.com
Mission Statement of Andover Lake Property Owners Association Inc
Andover Lake Property Owners Association Inc is dedicated to the preservation and conservation of Andover Lake, its beach, and the surrounding areas. This nonprofit organization's primary objective is to ensure the lake maintains its pristine condition. In addition to this, they aim to disseminate scientific information about the lake's health to the local community. By doing so, they contribute to a shared understanding of the lake's wellbeing and encourage responsible use and care. The association pays for lake maintenance, insurance, and taxes through the Andover Lake Management Association, Inc. This collaborative approach further highlights their commitment to the lake's longevity and health.
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Impact
October, 2024
Andover Lake Property Owners Association Inc plays a vital role in maintaining the ecological integrity and aesthetic appeal of Andover Lake and its surroundings. By focusing on the conservation and preservation of the lake, the association ensures that aquatic ecosystems remain healthy, benefiting both wildlife and the community.
The organization facilitates lake maintenance efforts, manages insurance, and pays taxes associated with the Andover Lake Management Association, which reinforces its commitment to sustaining the region's natural beauty and recreational opportunities for residents and visitors alike. Through the dissemination of scientific information about the lake's health, the association educates the community, fostering a sense of stewardship among property owners and enhancing awareness of environmental issues. This collaborative approach not only preserves the pristine condition of the lake but also strengthens community ties around a common goal of environmental conservation.
This information is meant to be a general summary of Andover Lake Property Owners 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.
- Investment Income: $27,190
- Program Service Revenue: $127,324
- Gross Receipts: $315,384
Assets and Liabilities:
- Total Assets: $677,317
- Total Liabilities: $0
- Net Assets: $677,317
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Beach revenue
Revenue
$2,043
Membership Dues & Assessments
Revenue
$118,931
Miscellaneous income
Revenue
$1,767
Swim lessons
Revenue
$4,583
Organization Details
Founding Year
1935
Phone
(860) 268-8489Principal Officer
Michael Burke
Main Address
PO Box 54, Andover, CT, 06232
Website
www.andoverlake.comNTEE Category
Code: L50 - Housing
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