Georgetown Bay Homeowners Association

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

EIN: 272540166 ✦ Ooltewah, TN ✦ Designated as a 501(c)(4)

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Overview

What is Georgetown Bay Homeowners Association?

The Georgetown Bay Homeowners Association is a neighborhood-focused nonprofit organization situated in Ooltewah, Tennessee. Their primary role is to oversee and manage common areas, ensuring compliance with the association's bylaws and restrictions. This includes maintaining docks, landscaping, and overall upkeep of these shared spaces. Their main objective is to ensure a secure and well-maintained environment for their approximately 250 members. In addition to these responsibilities, the association provides benefits to its members, contributing to the overall welfare and sustainability of the community.

Is Georgetown Bay Homeowners Association legitimate?

Georgetown Bay Homeowners Association is a legitimate nonprofit organization registered as a 501(c)(4) entity. Georgetown Bay Homeowners 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Georgetown Bay Homeowners Association?

The Georgetown Bay Homeowners Association serves as a neighborhood organization, overseeing the governance, benefit, safety, and sustainment of shared areas and assets. Adhering to its bylaws and applicable restrictions, the association ensures the upkeep of common areas, docks, and landscaping, while providing a secure environment for its approximately 250 members. Its primary goal is to manage these responsibilities effectively, ultimately enhancing the living experience of its community members.

Who is the CEO of Georgetown Bay Homeowners Association?

Daniel Stout is the President of Georgetown Bay Homeowners Association.

What is the revenue of Georgetown Bay Homeowners Association?

Georgetown Bay Homeowners Association's revenue in 2022 was $86,283.

Who are the executives of Georgetown Bay Homeowners Association and what are their salaries?

There 5 volunteers at Georgetown Bay Homeowners Association.


Here are 5 key members and their salaries:


Larry Hartman (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Stout (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michelle Connor (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mirinda Salyers (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeffrey Warner (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Georgetown Bay Homeowners Association?

Georgetown Bay Homeowners Association's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Georgetown Bay Homeowners Association

The Georgetown Bay Homeowners Association serves as a neighborhood organization, dedicated to governing, benefiting, ensuring safety, and maintaining common areas and assets in accordance with its bylaws and applicable restrictions. This association is responsible for overseeing the upkeep of common areas, docks, and landscaping, while providing a secure environment for its approximately 250 beneficiaries. The Georgetown Bay Homeowners Association plays a crucial role in managing the community's shared resources, ensuring a harmonious and well-maintained living space for its members.

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Impact




October, 2024

The Georgetown Bay Homeowners Association significantly enhances the quality of life for residents in Ooltewah, TN, by overseeing the governance and maintenance of shared spaces and community assets. With a focus on safety, the association helps create a secure environment for the approximately 250 residents. This includes the upkeep of common areas, docks, and landscaping, ensuring that these spaces remain attractive and functional.

By adhering to established bylaws and restrictions, the association fosters a sense of community and collaboration among neighbors, which can lead to increased property values and a more cohesive living experience. The careful management of shared resources not only benefits individual homeowners but also contributes to the overall sustainability and appeal of the neighborhood, making it a desirable place to live.




This information is meant to be a general summary of Georgetown Bay Homeowners 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
$86,283 (2022)
Expenses
$62,000 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $186
  • Gross Receipts: $86,283

Assets and Liabilities:

  • Total Assets: $828,680
  • Total Liabilities: $85,200
  • Net Assets: $743,480

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Organization Details

Founding Year

2014

Principal Officer

Daniel Stout

Main Address

PO Box 111, Ooltewah, TN, 37363

NTEE Category

Code: L50 - Housing

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