Overview
What is Candlewood Lake Association Inc?
Candlewood Lake Association Inc is a homeowners association established by the residents of Candlewood Lake, a self-sufficient community spanning 1,500 acres and accommodating approximately 1,800 property owners in rural Morrow County, Ohio. The organization, with a workforce of 71 individuals, is committed to promoting the common good and general welfare of its members. By operating the community, the association aims to ensure that the residents enjoy a harmonious living environment, with responsibilities ranging from maintaining community facilities to enforcing regulations. This nonprofit organization serves as a unified body to address the collective needs and concerns of the Candlewood Lake community.
Official website here: www.candlewoodlake.us
Is Candlewood Lake Association Inc legitimate?
Candlewood Lake Association Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Candlewood Lake 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: $1,070,368
For more financial information, click here
Official website here: www.candlewoodlake.us
What is the mission statement of Candlewood Lake Association Inc?
The Candlewood Lake Association Inc is a homeowners association, composed of members residing in the 1,500-acre Candlewood Lake community. Established with the purpose of operating this rural community, its mission is to promote the common good and general welfare of its residents. The association aims to serve approximately 1,800 property owners within this self-supporting community, striving to enhance the overall well-being of its members. By functioning as a cooperative entity, the Candlewood Lake Association Inc works towards fostering a harmonious and thriving community environment for its members.
Official website here: www.candlewoodlake.us
Who is the CEO of Candlewood Lake Association Inc?
David Ingegneri is the Principal Officer of Candlewood Lake Association Inc.
Official website here: www.candlewoodlake.us
What is the revenue of Candlewood Lake Association Inc?
Candlewood Lake Association Inc's revenue in 2023 was $3,808,462.
Official website here: www.candlewoodlake.us
Who are the executives of Candlewood Lake Association Inc and what are their salaries?
The average compensation at Candlewood Lake Association Inc during 2023 was $15,076. There are 71 employees at Candlewood Lake Association Inc.
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Official website here: www.candlewoodlake.us
Where can I find the form 990 for Candlewood Lake Association Inc?
Candlewood Lake Association Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.candlewoodlake.us
Learn more at the official website: www.candlewoodlake.us
Mission Statement of Candlewood Lake Association Inc
Candlewood Lake Association Inc, comprised of members residing within the 1,500-acre community, was established with a mission to promote the common good and general welfare of its residents. This homeowners association, which is self-supporting with approximately 1,800 property owners, aims to operate and manage the community effectively. The primary objective of Candlewood Lake Association Inc is to ensure the well-being of its residents, fostering a harmonious living environment within the community.
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Impact
October, 2024
Candlewood Lake Association Inc plays a vital role in enhancing the quality of life for residents in the 1,500-acre Candlewood Lake community in rural Morrow County. With approximately 1,800 property owners, the association fosters a sense of community and collaboration among its members. By focusing on the common good and general welfare, the association ensures that shared resources, amenities, and natural beauty are preserved and maintained for all to enjoy.
The association's initiatives promote safety, community involvement, and environmental stewardship, creating a harmonious living environment. Through organized activities and communication, Candlewood Lake Association Inc strengthens neighborly connections and encourages resident participation, making the community a more vibrant place to live. Overall, the association's commitment to operating this self-supporting community helps cultivate a strong, engaged, and well-maintained environment for all residents.
This information is meant to be a general summary of Candlewood Lake 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 2023.
- Investment Income: $56
- Program Service Revenue: $3,786,581
- Gross Receipts: $3,808,462
Assets and Liabilities:
- Total Assets: $7,672,649
- Total Liabilities: $300,191
- Net Assets: $7,372,458
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ASSESSMENTS AND FEES
Revenue
$3,370,495
OPERATING FEES AND CHARGES
Revenue
$239,410
WATER AND SEWER USERS FEES
Revenue
$176,676
Organization Details
Founding Year
1987
Phone
(419) 947-1138Principal Officer
David Ingegneri
Main Address
7326 STATE ROUTE 19 UNIT1507, MOUNT GILEAD, OH, 43338
Website
www.candlewoodlake.usNTEE Category
Code: L50 - Housing
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