Overview
What is Anchorage Residents Association Inc?
Anchorage Residents Association Inc, situated in New Rochelle, New York, is a nonprofit organization primarily responsible for maintaining and upholding the common facilities, including a pool, recreational areas, and a marina, for the 33 properties within the Anchorage community. The association's mission is to preserve these facilities, as they are directly deeded to the homeowners, by adhering to the bylaws and ensuring the expenses are within the agreed budget by the homeowners. The association's major expenditures are pool maintenance, insurance, and lifeguard payroll. With a small team of four individuals, they diligently manage the upkeep of these facilities, invoicing and collecting revenues while maintaining accurate records of expenses.
Is Anchorage Residents Association Inc legitimate?
Anchorage Residents Association Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Anchorage Residents 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: $12,056
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What is the mission statement of Anchorage Residents Association Inc?
The Anchorage Residents Association Inc is committed to maintaining the common pool, recreational, and marina facilities in an acceptable condition, as per the bylaws. The association ensures that the costs associated with this upkeep are agreed upon and covered by the homeowners at their Annual Meeting. The association is responsible for invoicing, collecting, and keeping records of its revenues and expenditures related to these facilities. The primary expenses incurred by the association include Pool maintenance, Insurance, and Lifeguard payroll.
Who is the CEO of Anchorage Residents Association Inc?
Albert Burchman is the President of Anchorage Residents Association Inc.
What is the revenue of Anchorage Residents Association Inc?
Anchorage Residents Association Inc's revenue in 2020 was $56,067.
Who are the executives of Anchorage Residents Association Inc and what are their salaries?
Where can I find the form 990 for Anchorage Residents Association Inc?
Anchorage Residents Association Inc's most recent form 990 was submitted in 2020 and can be accessed here.
Mission Statement of Anchorage Residents Association Inc
Anchorage Residents Association Inc, a community organization, is committed to preserving the common properties of its 33 members in an exemplary manner. This is in accordance with the bylaws, and the cost of upkeep is agreed upon at the Annual Meeting by the homeowners. The association's primary responsibility is to oversee the maintenance of the common pool, recreational, and marina facilities that were directly deeded to the homeowners at the time of purchase. The association covers these expenses through budgeted dues, invoices, and collections, meticulously keeping records of its revenues and expenses. The association's largest expenses are primarily associated with the upkeep of the pool, insurance, and lifeguard payroll.
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Impact
October, 2024
Anchorage Residents Association Inc plays a vital role in enhancing the quality of life for the residents of the Anchorage community in New Rochelle, NY. By diligently maintaining the common pool, recreational facilities, and marina, the association ensures that these essential amenities remain accessible and in good condition for all 33 homeowners. This commitment to upkeep fosters a sense of community, encourages outdoor activities, and promotes social interactions among residents.
The association operates with transparency, invoicing, collecting, and meticulously keeping records of all revenues and expenses related to maintenance. Major expenditures, including pool maintenance, insurance, and lifeguard payroll, are managed in accordance with the bylaws and budget approved during the Annual Meeting. This structured approach not only guarantees that amenities are well-maintained but also builds trust among homeowners, as they are aware of how their dues are allocated.
The impact of Anchorage Residents Association Inc extends beyond merely maintaining facilities; it cultivates a welcoming environment where families can engage in recreational activities and build lasting relationships within the community. Overall, the association's efforts significantly enhance the residential experience and uphold the value of the Anchorage homes.
This information is meant to be a general summary of Anchorage Residents 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 2020.
- Program Service Revenue: $56,067
- Gross Receipts: $56,067
Assets and Liabilities:
- Total Assets: $89,292
- Total Liabilities: $0
- Net Assets: $89,292
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Dues & Assessments
Revenue
$56,067
Organization Details
Founding Year
1969
Principal Officer
Albert Burchman
Main Address
C/O Tom Martin 21 Clover Place, New Rochelle, NY, 10805
NTEE Category
Code: L51Z - Housing
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