Overview
What is Lake Parsippany Property Owners Association Inc?
Lake Parsippany Property Owners Association Inc is a nonprofit organization situated in New Jersey, serving a lake community. Their primary mission is to offer recreational activities, such as swimming, fishing, boating, and intramural sports, to its members. The local climate significantly influences the usage of the lake, with the summer season being the most active period. The association derives a small portion of its revenue from renting out its owned clubhouse for private events, like birthday parties or graduations. The Association's programs aim to enrich the lifestyle of its members within the lake community.
Official website here: www.lake-parsippany.org
Is Lake Parsippany Property Owners Association Inc legitimate?
Lake Parsippany Property Owners Association Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Lake Parsippany Property Owners Association Inc 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: $24,816
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Official website here: www.lake-parsippany.org
What is the mission statement of Lake Parsippany Property Owners Association Inc?
The Lake Parsippany Property Owners Association Inc, continuing with its tradition, offers recreational activities to its members, including swimming, fishing, boating, and various intramural sports. Given its lake community setting in New Jersey, the association's activities are significantly influenced by the local climate, with the summer season being the time of highest usage. A modest portion of their revenue is generated from renting their owned clubhouse, which is open for both members and non-members to host private events such as birthdays or graduations.
Official website here: www.lake-parsippany.org
Who is the CEO of Lake Parsippany Property Owners Association Inc?
Pulkit Desai is the President of Lake Parsippany Property Owners Association Inc.
Official website here: www.lake-parsippany.org
What is the revenue of Lake Parsippany Property Owners Association Inc?
Lake Parsippany Property Owners Association Inc's revenue in 2022 was $469,703.
Official website here: www.lake-parsippany.org
Who are the executives of Lake Parsippany Property Owners Association Inc and what are their salaries?
Here are 5 key members and their salaries:
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Official website here: www.lake-parsippany.org
Where can I find the form 990 for Lake Parsippany Property Owners Association Inc?
Lake Parsippany Property Owners Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lake-parsippany.org
Learn more at the official website: www.lake-parsippany.org
Mission Statement of Lake Parsippany Property Owners Association Inc
Lake Parsippany Property Owners Association Inc, in line with its historical role, continues to offer recreational activities to its members. These activities include swimming, fishing, boating, and various intramural sports. Given its lake community setting in New Jersey, the association's membership significantly utilizes the lake during the summer season. A modest portion of the revenue is generated from renting out the organization's owned clubhouse, allowing both members and non-members to host private events, such as birthdays or graduations.
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Impact
October, 2024
Lake Parsippany Property Owners Association Inc significantly enhances the quality of life for its members by offering a variety of recreational activities that foster community engagement and promote an active lifestyle. The association provides facilities and opportunities for swimming, fishing, boating, and intramural sports, creating a vibrant lake community experience in Parsippany, New Jersey.
The impact is particularly pronounced during the summer months, when members fully utilize the lake and its amenities. The association's activities not only encourage physical wellness but also strengthen social ties among residents, cultivating a sense of belonging and community pride. Additionally, by renting out its clubhouse for private events, both members and non-members have access to a venue for celebrations, further contributing to community cohesion and local culture.
Overall, Lake Parsippany Property Owners Association Inc plays a crucial role in enhancing recreational opportunities, promoting environmental stewardship of local waterways, and fostering a connected and active community.
This information is meant to be a general summary of Lake Parsippany Property Owners 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $362
- Gross Receipts: $469,703
Assets and Liabilities:
- Total Assets: $724,902
- Total Liabilities: $46,823
- Net Assets: $678,079
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Organization Details
Founding Year
1933
Phone
(646) 369-9169Principal Officer
Pulkit Desai
Main Address
PO BOX 62, PARSIPPANY, NJ, 07054
Website
www.lake-parsippany.orgNTEE Category
Code: S22 - Community improvement
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