Truesdale Estates Association Inc

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

EIN: 133634873 ✦ South salem, NY ✦ Designated as a 501(c)(7)

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Overview

What is Truesdale Estates Association Inc?

The Truesdale Estates Association Inc is a local homeowners association situated in South Salem, New York. Run by volunteer members, its primary objective is to enhance and preserve the shared beach property by collecting dues, which are then utilized to cover taxes, insurance, and undertake capital improvements and maintenance projects. The association's mission is to maintain the common area, ensuring it remains in good condition for the benefit of its residents.


Official website here: www.truesdalelake.com

Is Truesdale Estates Association Inc legitimate?

Truesdale Estates Association Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Truesdale Estates 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.


Official website here: www.truesdalelake.com

What is the mission statement of Truesdale Estates Association Inc?

The Truesdale Estates Association Inc, a volunteer-led homeowners association, has a mission to enhance and preserve its common use beach property. Their primary objectives include improving the property through capital improvements and regular maintenance. They are also responsible for managing the collection of dues, which are utilized to cover taxes and insurance expenses. The association's mission is aimed at maintaining the property to provide a comfortable and enjoyable environment for its members.


Official website here: www.truesdalelake.com

Who is the CEO of Truesdale Estates Association Inc?

Debbie Fink is the Vice President of Truesdale Estates Association Inc.


Official website here: www.truesdalelake.com

What is the revenue of Truesdale Estates Association Inc?

Truesdale Estates Association Inc's revenue in 2023 was $36,388.


Official website here: www.truesdalelake.com

Who are the executives of Truesdale Estates Association Inc and what are their salaries?


Here are 7 key members and their salaries:


Jo Ann Ferrigno (Co-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
George Ferrigno (Co-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Debbie Fink (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ruth Vellensky (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rob Cummings (Corresponding Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Howard Citron (Recording Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kate Grieve (Sargeant At Arms)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.truesdalelake.com

Where can I find the form 990EZ for Truesdale Estates Association Inc?

Truesdale Estates Association Inc's most recent form 990EZ was submitted in 2023 and can be accessed here.


Official website here: www.truesdalelake.com

Learn more at the official website: www.truesdalelake.com

Mission Statement of Truesdale Estates Association Inc

The Truesdale Estates Association, a volunteer-led organization, is dedicated to its mission of enhancing and preserving the common use property. Their primary goal is to improve this shared space and ensure its maintenance, financed through collected dues. The association also takes responsibility for paying taxes and insurance on behalf of the homeowners. In pursuit of this mission, they execute various programs, specifically focusing on capital improvements and regular maintenance. These efforts aim to enhance the overall quality and appeal of the common property, thus benefiting all members of the association. The Truesdale Estates Association plays a crucial role in upkeeping this shared space, thereby fostering a sense of community and collective pride among its members.

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Impact




October, 2024

Truesdale Estates Association Inc plays a vital role in enhancing the quality of life for residents in South Salem, NY. By focusing on the improvement and maintenance of common-use beach property, the association ensures that this shared space remains a valuable resource for the community. Volunteers actively manage initiatives that include capital improvements and ongoing maintenance, fostering a sense of pride and ownership among residents.

The association's work directly contributes to the preservation of the local environment and aesthetic appeal of the area. Through the collection of dues, it effectively manages essential costs such as taxes and insurance, enabling seamless operation and upkeep of the shared beach. This focus on community collaboration not only bolsters neighborly connections but also supports a safe and enjoyable environment for recreation and community events.

Overall, Truesdale Estates Association Inc embodies a collaborative spirit, enhancing both the physical surroundings and social fabric of South Salem, making it a desirable place to live and gather.




This information is meant to be a general summary of Truesdale Estates 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.

Revenue
$36,388 (2023)
Expenses
$31,543 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $38
  • Gross Receipts: $36,388

Assets and Liabilities:

  • Total Assets: $120,391
  • Total Liabilities: $0
  • Net Assets: $120,391

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Organization Details

Principal Officer

Debbie Fink

Main Address

PO Box 363, south salem, NY, 10590

NTEE Category

Code: L50 - Housing

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