Overview
What is Lake Land-Or Property Owners Assoc?
Lake Land-Or Property Owners Assoc is a nonprofit organization based in Ruther Glen, Virginia. The primary purpose of this association is to maintain, repair, and replace common area property owned by the association for the benefit of its members and homeowners within the community. This includes upkeep of the property and related maintenance equipment for the homeowners residing in Lake Land-Or Development. Furthermore, the association is dedicated to ensuring the security and providing opportunities for recreational activities for these homeowners. With a staff of 25 individuals, Lake Land-Or Property Owners Assoc works diligently to enhance the living experience of its members.
Official website here: www.llpoa.org
Is Lake Land-Or Property Owners Assoc legitimate?
Lake Land-Or Property Owners Assoc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Lake Land-Or Property Owners Assoc 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: $637,444
For more financial information, click here
Official website here: www.llpoa.org
What is the mission statement of Lake Land-Or Property Owners Assoc?
The Lake Land-Or Property Owners Association's mission is centered around maintaining and upkeeping the property and related maintenance equipment within the Lake Land-Or development. The primary goal is to cater to the needs of the homeowners residing in the area. This includes ensuring the security and providing opportunities for recreational activities for these homeowners. In essence, the association's role is to maintain common area property for the benefit of its members and homeowners, and to enhance their overall experience within the community.
Official website here: www.llpoa.org
What is the revenue of Lake Land-Or Property Owners Assoc?
Lake Land-Or Property Owners Assoc's revenue in 2024 was $2,916,025.
Official website here: www.llpoa.org
Who are the executives of Lake Land-Or Property Owners Assoc and what are their salaries?
The average compensation at Lake Land-Or Property Owners Assoc during 2024 was $26,560. There are 24 employees and 6 volunteers at Lake Land-Or Property Owners Assoc.
Here are 6 key members and their salaries:
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Official website here: www.llpoa.org
Where can I find the form 990 for Lake Land-Or Property Owners Assoc?
Lake Land-Or Property Owners Assoc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.llpoa.org
Learn more at the official website: www.llpoa.org
Mission Statement of Lake Land-Or Property Owners Assoc
Lake Land-Or Property Owners Assoc is dedicated to maintaining and upkeeping the property and related maintenance equipment within the Lake Land-Or Development. Their mission extends beyond mere upkeep; they also prioritize the security and recreational activities of the homeowners residing in the community. In simpler terms, this organization is responsible for maintaining, repairing, and replacing common area property owned by the association, ensuring the benefit and comfort of its members and homeowners. By providing a secure and enjoyable living environment, Lake Land-Or Property Owners Assoc contributes significantly to the overall satisfaction and well-being of the community.
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Impact
October, 2024
Lake Land-Or Property Owners Association significantly enhances the quality of life for homeowners within the Lake Land-Or development. By maintaining and managing common areas and related maintenance equipment, the association ensures that the property remains well-kept and visually appealing, which not only benefits current residents but can also positively impact property values within the community.
Additionally, the association prioritizes security for its members, creating a safer environment that fosters peace of mind for homeowners and their families. This focus on safety is complemented by the coordination of recreational activities, which encourages community engagement and strengthens relationships among residents. Through these efforts, Lake Land-Or Property Owners Association cultivates a sense of belonging and community spirit, enriching the overall living experience in Ruth Glen, VA.
This information is meant to be a general summary of Lake Land-Or Property Owners 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 2024.
- Investment Income: $15,837
- Program Service Revenue: $2,835,759
- Gross Receipts: $2,916,025
Assets and Liabilities:
- Total Assets: $8,310,985
- Total Liabilities: $973,149
- Net Assets: $7,337,836
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ASSESSMENTS AND DUES
Revenue
$2,430,666
NEW MEMBER FEE
Revenue
$114,000
LATE FEES AND SURCHARGES
Revenue
$76,778
INITIATION AND LOT REGIS
Revenue
$63,000
OTHER PROGRAM SERVICE REVENUE
Revenue
$60,910
Organization Details
Founding Year
1972
Principal Officer
Michael Majercin
Website
www.llpoa.orgNTEE Category
Code: L50 - Housing
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