Overview
What is Lakes Of Magnolia Homeowners Assoc?
The Lakes of Magnolia Homeowners Association is a nonprofit organization that plays a vital role in its community by preserving and maintaining the shared facilities, known as common elements. Beyond this essential task, they also encourage community involvement by organizing a variety of programs. These initiatives foster a sense of belonging and enhance the overall quality of life for the community members.
Is Lakes Of Magnolia Homeowners Assoc legitimate?
Lakes Of Magnolia Homeowners Assoc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Lakes Of Magnolia Homeowners 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.
What is the mission statement of Lakes Of Magnolia Homeowners Assoc?
The Lakes of Magnolia Homeowners Association is committed to preserving and maintaining the shared facilities within the community. Beyond this, they foster a sense of community engagement by implementing various programs. One of their key initiatives involves the upkeep of these common elements. Their broader goal is to encourage community involvement and connection through these initiatives.
Who is the CEO of Lakes Of Magnolia Homeowners Assoc?
Craig Townsend is the President of Lakes Of Magnolia Homeowners Assoc.
What is the revenue of Lakes Of Magnolia Homeowners Assoc?
Lakes Of Magnolia Homeowners Assoc's revenue in 2022 was $110,929.
Who are the executives of Lakes Of Magnolia Homeowners Assoc and what are their salaries?
Here are 5 key members and their salaries:
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Where can I find the form 990EZ for Lakes Of Magnolia Homeowners Assoc?
Lakes Of Magnolia Homeowners Assoc's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of Lakes Of Magnolia Homeowners Assoc
The Lakes of Magnolia Homeowners Association, in its mission, works diligently to preserve and maintain the shared facilities within the community. Beyond this, the association actively encourages community involvement by organizing various programs. One of these programs involves the upkeep of the common elements, thereby contributing to a harmonious and well-maintained environment for all residents.
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Impact
October, 2024
The Lakes of Magnolia Homeowners Association plays a crucial role in enhancing the quality of life for residents in the community. By preserving and maintaining common elements, the association ensures that shared spaces are kept in good condition, contributing to the overall aesthetic and functionality of the neighborhood. This maintenance fosters a sense of pride among residents and enhances property values.
Additionally, the association promotes community engagement through various programs, encouraging residents to participate in activities that strengthen neighborhood bonds. By facilitating events and initiatives that bring residents together, the association helps build a strong sense of community, making Lakes of Magnolia not just a place to live, but a vibrant and connected environment. Overall, their efforts lead to improved living conditions, heightened community spirit, and a welcoming atmosphere for current and prospective residents.
This information is meant to be a general summary of Lakes Of Magnolia Homeowners 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $155
- Program Service Revenue: $110,774
- Gross Receipts: $110,929
Assets and Liabilities:
- Total Assets: $221,971
- Total Liabilities: $51,392
- Net Assets: $170,579
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Organization Details
Phone
(210) 494-0659Principal Officer
Craig Townsend
Main Address
17319 SAN PEDRO AVE SUITE 318, SAN ANTONIO, TX, 78232
NTEE Category
Code: L50 - Housing
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