The Medford Lakes Colony

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

EIN: 210512290 ✦ Medford lakes, NJ ✦ Designated as a 501(c)(7)

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Overview

What is The Medford Lakes Colony?

The Medford Lakes Colony is a nonprofit organization situated in Medford Lakes, New Jersey. With a team of 138 dedicated individuals, its primary mission is to preserve and maintain the borough's valuable assets, including lakes, dams, beaches, and recreational areas. Beyond this, the organization also offers a variety of recreational programs, utilizing these assets to enrich the community's leisure activities.


Official website here: www.medfordlakescolony.org

What do the Facebook reviews say about The Medford Lakes Colony?

88% of 20 reviewers on Facebook recommend The Medford Lakes Colony. Here's a summary of their thoughts:

Many highlighted the warm and welcoming atmosphere of this small town, appreciating the close-knit community vibe it fosters. Reviewers mentioned that it truly feels like a home, contributing to a strong sense of belonging and camaraderie among residents.

Overall, there's a positive sentiment towards The Medford Lakes Colony, with community members expressing satisfaction with their experiences and the friendly environment that the nonprofit cultivates.


This AI summary has been generated from reviews found on Facebook.

Is The Medford Lakes Colony legitimate?

The Medford Lakes Colony is a legitimate nonprofit organization registered as a 501(c)(7) entity. The Medford Lakes Colony 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: $360,477

For more financial information, click here


Official website here: www.medfordlakescolony.org

What is the mission statement of The Medford Lakes Colony?

The Medford Lakes Colony's mission involves the maintenance of valuable assets within its jurisdiction, including lakes, dams, beaches, and recreation areas. Beyond this, the organization also provides recreational programs utilizing these assets, aiming to enhance the enjoyment and use of these facilities for its community.


Official website here: www.medfordlakescolony.org

What is the revenue of The Medford Lakes Colony?

The Medford Lakes Colony's revenue in 2023 was $1,305,337.


Official website here: www.medfordlakescolony.org

Who are the executives of The Medford Lakes Colony and what are their salaries?

The average compensation at The Medford Lakes Colony during 2023 was $2,575. There are 140 employees and 100 volunteers at The Medford Lakes Colony.

Here are 16 key members and their salaries:


Mary Ann Meehan (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gerald Yowell (Director/Vp Of Recreation)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dave Karbasian (Immediate Past President)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Saraceni (Finance Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christine Tucker (Vp Of Social/Recording Secretary/Vp Of Recreation)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Warren (Vp Of Property)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shawn Collins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Hart (Vp Of Finance)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adam Burger (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Requa (Director/Vp Of Recreation)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dale Keagy (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jenna Devine (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeffrey Goetschius (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew Konstance (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Malinowski (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Justin Sedarat (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.medfordlakescolony.org

Where can I find the form 990 for The Medford Lakes Colony?

The Medford Lakes Colony's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.medfordlakescolony.org

Learn more at the official website: www.medfordlakescolony.org

Mission Statement of The Medford Lakes Colony

The Medford Lakes Colony is dedicated to preserving and maintaining valuable assets within its jurisdiction, including lakes, dams, beaches, and recreational areas. Beyond this maintenance role, the organization also offers recreational programs, utilizing these assets to provide engaging activities for its community. In essence, The Medford Lakes Colony's mission revolves around ensuring the upkeep and enjoyment of its natural and recreational resources for the benefit of its community.

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Impact




October, 2024

The Medford Lakes Colony significantly enhances the quality of life for residents by maintaining essential community assets such as lakes, dams, beaches, and recreation areas. This maintenance ensures that these natural resources remain safe and accessible, fostering a vibrant environment for outdoor activities and community gatherings.

Moreover, the organization plays a vital role in promoting recreational programs that utilize these assets, encouraging physical activity, social interaction, and community engagement. By providing well-kept recreational spaces, The Medford Lakes Colony contributes to the overall well-being of the community, creating opportunities for families and individuals to connect with nature and with each other, thus strengthening community bonds and enhancing the local lifestyle.




This information is meant to be a general summary of The Medford Lakes Colony. 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
$1,305,337 (2023)
Expenses
$1,213,414 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $25,167
  • Program Service Revenue: $586,047
  • Gross Receipts: $1,305,337

Assets and Liabilities:

  • Total Assets: $4,362,939
  • Total Liabilities: $881,796
  • Net Assets: $3,481,143

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Programs

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

SUMMER CAMP

Revenue

$266,221

SPORTS PROGRAM

Revenue

$181,280

MISC OTHER PROGRAM EVE

Revenue

$108,346

NEWSLETTER ADVERTISING

Revenue

$30,200

Organization Details

Founding Year

1932

Principal Officer

Joseph Hart

NTEE Category

Code: N32 - Recreation

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