Lakeridge Community Association

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 112112782 ✦ Matawan, NJ ✦ Designated as a 501(c)(7)

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Overview

What is Lakeridge Community Association?

The Lakeridge Community Association is a nonprofit organization situated in Matawan, New Jersey. With a community of 315 homes, it plays a significant role in supporting shared facilities such as a pool, playground, tennis courts, and basketball courts. The association actively organizes community events and swim team activities, fostering a sense of togetherness among its members. Their mission involves maintaining and enhancing these amenities, ensuring everyone can enjoy the benefits of living in this community. The association, currently employing 17 individuals, also publishes a bi-annual newsletter and maintains a website to keep residents informed.

Is Lakeridge Community Association legitimate?

Lakeridge Community Association is a legitimate nonprofit organization registered as a 501(c)(7) entity. Lakeridge Community Association 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: $61,726

For more financial information, click here

What is the mission statement of Lakeridge Community Association?

The Lakeridge Community Association aims to enhance the living experience of its residents by maintaining and supporting communal facilities such as a pool, playground, tennis courts, and basketball courts. They organize various community events and provide opportunities for everyone, including swimming team activities, fostering a sense of camaraderie and enjoyment within the community. Their mission is also reflected through the operation of the Pool Club and regular updates through a bi-annual newsletter and website.

Who is the CEO of Lakeridge Community Association?

Diane Cahill is the Pool Manager of Lakeridge Community Association.

What is the revenue of Lakeridge Community Association?

Lakeridge Community Association's revenue in 2023 was $204,470.

Who are the executives of Lakeridge Community Association and what are their salaries?

The average compensation at Lakeridge Community Association during 2023 was $3,631. There are 17 employees and 25 volunteers at Lakeridge Community Association.


Here are 9 key members and their salaries:


Sean Donnelly (Pool Manager)
  • Compensation: $10,650
  • Related: $0
  • Other: $0
Erik Depalma (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Diane Cahill (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Davida Demonte (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patrick Hopkins (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Mcgarry (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bridget Hlava (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phillip Moore (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vincent Forrester (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Lakeridge Community Association?

Lakeridge Community Association's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Lakeridge Community Association

Lakeridge Community Association, a community comprising 315 homes, is dedicated to enhancing the shared spaces and fostering a sense of camaraderie among its residents. This nonprofit organization takes pride in maintaining the community's common areas, including a swimming pool, playground, tennis courts, and basketball courts. Beyond physical upkeep, Lakeridge Community Association also aims to bring its members together through a variety of community events and swim team activities. Through these initiatives, the association strives to create an enjoyable living experience for every resident, ensuring that everyone can make the most of the community's offerings. To keep residents informed, the association regularly distributes a bi-annual newsletter and maintains an active website to keep everyone updated on upcoming events and activities.

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Impact




October, 2024

Lakeridge Community Association significantly enhances the quality of life for residents in the 315-home community of Matawan, NJ. By maintaining essential common areas such as a pool, playground, tennis courts, and basketball courts, the association creates spaces for recreation and social interaction. This fosters a strong sense of community among residents.

The organization also orchestrates a variety of community events and swim team activities, providing opportunities for neighbors to connect and build relationships. These gatherings not only promote inclusivity but also encourage active participation in community life.

Additionally, the bi-annual newsletter and website serve as vital communication tools, keeping residents informed and engaged with local happenings. Overall, the Lakeridge Community Association plays a crucial role in cultivating a vibrant, united community atmosphere where residents can enjoy leisure activities and connect with one another.




This information is meant to be a general summary of Lakeridge Community Association. 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.

Revenue
$204,470 (2023)
Expenses
$252,780 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $235
  • Gross Receipts: $204,470

Assets and Liabilities:

  • Total Assets: $129,096
  • Total Liabilities: $1,277
  • Net Assets: $127,819

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Organization Details

Founding Year

1965

Principal Officer

Diane Cahill

Main Address

PO Box 131, Matawan, NJ, 07747

NTEE Category

Code: L00 - Housing

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