Fayson Lakes Association

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

EIN: 221468840 ✦ Kinnelon, NJ ✦ Designated as a 501(c)(7)

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Overview

What is Fayson Lakes Association?

The Fayson Lakes Association is a nonprofit organization situated in Kinnelon, New Jersey. Their primary mission is to serve the local lakeside community, providing them with essential water and beach recreational facilities. With a team of 41 dedicated individuals, they work tirelessly to ensure the community can enjoy these amenities. The Association's activities and mission are centered around enhancing the recreational experience for the lakeside community.


Official website here: www.faysonlakes.org

Is Fayson Lakes Association legitimate?

Fayson Lakes Association is a legitimate nonprofit organization registered as a 501(c)(7) entity. Fayson Lakes Association 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: $26,476
Professional Fundraising Fees: $0
Other Salaries and Wages: $109,860

For more financial information, click here


Official website here: www.faysonlakes.org

What is the mission statement of Fayson Lakes Association?

The Fayson Lakes Association's mission, in essence, is centered around providing recreational activities by the water and on the beach for the local community. More specifically, their mission is to cater to the recreational needs of the community residing near the lakes, ensuring an enjoyable experience for all. They strive to uphold this mission by offering a variety of water and beach-related activities, fostering a sense of community and leisure for its members.


Official website here: www.faysonlakes.org

What is the revenue of Fayson Lakes Association?

Fayson Lakes Association's revenue in 2024 was $558,430.


Official website here: www.faysonlakes.org

Who are the executives of Fayson Lakes Association and what are their salaries?

The average compensation at Fayson Lakes Association during 2024 was $3,496. There are 39 employees at Fayson Lakes Association.

Here are 12 key members and their salaries:


Ashlee Devers (Business Manager)
  • Compensation: $23,000
  • Related: $0
  • Other: $0
John Woodruff (Maintenance)
  • Compensation: $2,640
  • Related: $0
  • Other: $0
Kristine Kessel (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aaron Pastore (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tara Jacobus (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Levin (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Urban (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Mahfouz (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deborah Zyskowski (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eva Gardow (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbara Kogen (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dorota Rogulska (Business Manager)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.faysonlakes.org

Where can I find the form 990 for Fayson Lakes Association?

Fayson Lakes Association's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.faysonlakes.org

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

Mission Statement of Fayson Lakes Association

Fayson Lakes Association, a notable organization, is committed to providing water and beach recreation opportunities for its lakeside community. Their mission is centered around enhancing the leisure experiences of the local residents by offering access to water activities and beach facilities. This nonprofit organization strives to foster a sense of community and enjoyment through the provision of these recreational amenities.

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Impact




October, 2024

Fayson Lakes Association significantly enhances the quality of life for the lakeside community by providing essential water and beach recreation facilities. Located in Kinnelon, NJ, the organization offers residents access to recreational amenities that promote relaxation, social interaction, and a healthy lifestyle. By maintaining these facilities, the association fosters a sense of community and encourages outdoor activities, contributing to the overall well-being of its members. The recreational opportunities available help strengthen community bonds and create a vibrant environment for families and individuals to enjoy nature and participate in various leisure activities.




This information is meant to be a general summary of Fayson Lakes Association. 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
$558,430 (2024)
Expenses
$427,630 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $681
  • Gross Receipts: $558,430

Assets and Liabilities:

  • Total Assets: $1,240,045
  • Total Liabilities: $471,354
  • Net Assets: $768,691

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Organization Details

Principal Officer

Kristine Kessel

NTEE Category

Code: N32 - Recreation

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