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Preserve Master Maintenance Corp

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

EIN: 202282096 ✦ Irvine, CA ✦ Designated as a 501(c)(4)

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Overview

What is Preserve Master Maintenance Corp?

Preserve Master Maintenance Corp is a nonprofit organization situated in Irvine, California, specifically at 15241 Laguna Canyon Road, ZIP code 92618. Their primary mission is to maintain community parks, parkways, and other accessible areas within a master-planned community spanning over 1,000 acres. The community includes approximately 33 acres dedicated to parks and, upon completion, will house around 9,000 homes. The corporation's maintenance services are funded through member assessments, benefiting both the association members and the city's residents. The services provided by Preserve Master Maintenance Corp also promote a sense of neighborhood awareness within the community.

Is Preserve Master Maintenance Corp legitimate?

Preserve Master Maintenance Corp is a legitimate nonprofit organization registered as a 501(c)(4) entity. Preserve Master Maintenance Corp 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: $0

For more financial information, click here

What is the mission statement of Preserve Master Maintenance Corp?

Preserve Master Maintenance Corp's mission is centered around maintaining public spaces accessible to its members and the community at large. The corporation is responsible for maintaining the landscape and lighting in community parks, parkways, and other community-accessed areas. The maintenance services provided through member assessments benefit both the corporation members and the city's residents. By doing so, Preserve Master Maintenance Corp fosters a sense of neighborhood awareness. The corporation operates in a master-planned community spanning over 1,000 acres, with approximately 33 acres dedicated to parks. Upon completion, the community will include approximately 9,000 homes. The services provided by the corporation contribute to the overall upkeep and appeal of the community.

Who is the CEO of Preserve Master Maintenance Corp?

Jason Wong is the Member At La of Preserve Master Maintenance Corp.

What is the revenue of Preserve Master Maintenance Corp?

Preserve Master Maintenance Corp's revenue in 2022 was $4,722,782.

Who are the executives of Preserve Master Maintenance Corp and what are their salaries?


Here are 5 key members and their salaries:


Seth Halverson (Member At La)
  • Compensation: $0
  • Related: $0
  • Other: $0
Darius Fatakia (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pat Loy (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Wong (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeffrey Zuckerman (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Preserve Master Maintenance Corp?

Preserve Master Maintenance Corp's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Preserve Master Maintenance Corp

Preserve Master Maintenance Corp is committed to maintaining parks and other community areas, ensuring they remain accessible to both association members and the public at large. Their mission is twofold: firstly, they oversee the maintenance of landscaping and lighting in community parks, parkways, and other community-accessible areas. Secondly, they provide these services through member assessments, benefitting not only the corporation's members but also the city's residents as a whole. This corporation, encompassing over 1,000 acres and approximately 33 acres devoted to parks, fosters a sense of neighborhood awareness. At its build-out, Preserve Master Maintenance Corp will include approximately 9,000 homes. The maintenance services provided by this organization contribute to the overall well-being of the community by promoting a shared sense of responsibility and community spirit.

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Impact




October, 2024

Preserve Master Maintenance Corp significantly enhances the quality of life in Irvine, CA, by ensuring that parks and community areas are well-maintained and accessible to both association members and the public. With a focus on landscape and lighting maintenance, the organization manages approximately 33 acres of parks within a larger master planned community that encompasses over 1,000 acres.

The maintenance services provided through member assessments not only benefit the residents of the planned community but also positively impact the wider population of the city. By fostering well-kept parks and public spaces, Preserve Master Maintenance Corp promotes neighborhood awareness and encourages community engagement. As the community grows to about 9,000 homes at build-out, the ongoing maintenance of these areas will play a crucial role in building a sense of belonging and maintaining the aesthetic appeal of the environment.

In summary, Preserve Master Maintenance Corp is a vital contributor to the vibrancy and functionality of community spaces in Irvine, creating a welcoming atmosphere for everyone.




This information is meant to be a general summary of Preserve Master Maintenance Corp. 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
$4,722,782 (2022)
Expenses
$4,349,947 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $15,447
  • Program Service Revenue: $4,647,688
  • Gross Receipts: $4,722,782

Assets and Liabilities:

  • Total Assets: $7,236,869
  • Total Liabilities: $662,044
  • Net Assets: $6,574,825

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

MEMBER ASSESSMENTS

Revenue

$4,647,688

Organization Details

Founding Year

2004

Principal Officer

Jason Wong

Main Address

15241 LAGUNA CANYON ROAD, IRVINE, CA, 92618

NTEE Category

Code: P20 - Human services

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