Corlear Bay Property Owners Assoc

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

EIN: 135627567 ✦ Keeseville, NY ✦ Designated as a 501(c)(4)

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Overview

What is Corlear Bay Property Owners Assoc?

The Corlear Bay Property Owners Association is a homeowners association situated in Keeseville, New York, encompassing 29 cottages along Lake Champlain. Annual membership contributions of $3,260 per member cover operational expenses and the caretaker's salary, who manages the properties effectively. The association's initiatives include maintaining the roads and infrastructure for all 29 properties and employing a dedicated caretaker to oversee the overall management of the cottages.


Official website here: www.corlearbayclub.com

Is Corlear Bay Property Owners Assoc legitimate?

Corlear Bay Property Owners Assoc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Corlear Bay Property Owners Assoc 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.corlearbayclub.com

What is the mission statement of Corlear Bay Property Owners Assoc?

The Corlear Bay Property Owners Association, comprising 29 cottages, serves as a homeowners association. Its primary function is to manage the properties located along a lake, in this case, Lake Champlain. Each member contributes an annual fee to cover expenses and pay for a caretaker's salary. The association's role also extends to maintaining the roads and infrastructure for all the cottages. Moreover, they employ a caretaker to oversee the properties' management, ensuring their upkeep and maintenance.


Official website here: www.corlearbayclub.com

Who is the CEO of Corlear Bay Property Owners Assoc?

John Hoch is the Treasurer of Corlear Bay Property Owners Assoc.


Official website here: www.corlearbayclub.com

What is the revenue of Corlear Bay Property Owners Assoc?

Corlear Bay Property Owners Assoc's revenue in 2023 was $120,950.


Official website here: www.corlearbayclub.com

Who are the executives of Corlear Bay Property Owners Assoc and what are their salaries?


Here are 4 key members and their salaries:


Jacqueline Blake (President Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Hoch (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gil Meeker (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Fuller (Caretaker)
  • Compensation: $40,027
  • Related: $0
  • Other: $0


Official website here: www.corlearbayclub.com

Where can I find the form 990EZ for Corlear Bay Property Owners Assoc?

Corlear Bay Property Owners Assoc's most recent form 990EZ was submitted in 2023 and can be accessed here.


Official website here: www.corlearbayclub.com

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

Mission Statement of Corlear Bay Property Owners Assoc

The Corlear Bay Property Owners Association is a community-driven organization that oversees a collection of 29 cottages situated along Lake Champlain. Each member contributes an annual fee of $3,260 towards the association's expenses and the salary of a dedicated caretaker who manages the properties. The primary mission of the Corlear Bay Property Owners Association involves maintaining the roads and essential infrastructure within the community, ensuring the well-being of all 29 cottages. Furthermore, the association employs a paid caretaker to oversee the properties, ensuring they are well-maintained and functioning optimally. By offering these services, the Corlear Bay Property Owners Association fosters a secure and functioning community for its members, promoting a harmonious living environment along Lake Champlain.

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Impact




October, 2024

The Corlear Bay Property Owners Association plays a significant role in enhancing the quality of life for its members and maintaining the aesthetic and functional aspects of the community along Lake Champlain. Consisting of 29 cottages in Keeseville, NY, the association fosters a sense of community and collaboration among property owners.

Members contribute $3,260 annually, which is essential for covering operational expenses and ensuring that essential services are provided. This funding supports the maintenance of roads and infrastructure critical for access and safety, allowing residents and visitors to navigate the area with ease. Additionally, the association employs a caretaker whose duties include managing the properties, which helps preserve the charm and upkeep of the cottages.

By focusing on communal responsibilities and collective engagement, the Corlear Bay Property Owners Association fosters a cohesive community environment, enhances property values, and creates a well-maintained and enjoyable living space for all residents.




This information is meant to be a general summary of Corlear Bay Property Owners Assoc. 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
$120,950 (2023)
Expenses
$108,996 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $1
  • Gross Receipts: $120,950

Assets and Liabilities:

  • Total Assets: $78,029
  • Total Liabilities: $0
  • Net Assets: $78,029

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Organization Details

Principal Officer

John Hoch

Main Address

C/O John Hoch 61 Nixie Bay Rd, Keeseville, NY, 12944

NTEE Category

Code: L50 - Housing

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