Centrelake Owners Association

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

EIN: 330247894 ✦ Irvine, CA ✦ Designated as a 501(c)(4)

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Overview

What is Centrelake Owners Association?

The Centrelake Owners Association is a nonprofit organization situated in Ontario, California. Its primary focus is to instigate civic enhancements and social developments within the community by safeguarding and improving the appearance of the surrounding development. The Association manages and maintains a 73-acre lake and park area, offering unlimited access to residents living in the nearby residential zones. The organization's objectives also encompass championing the overall well-being, health, and safety of the community, without providing grants to external entities.

Is Centrelake Owners Association legitimate?

Centrelake Owners Association is a legitimate nonprofit organization registered as a 501(c)(4) entity. Centrelake Owners 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 Centrelake Owners Association?

The Centrelake Owners Association's primary objective is to enhance civic and social conditions by preserving and enhancing its development. The association manages and maintains a 73-acre lake and park area, open to residents in nearby residential areas without restrictions. One of its general aims is to foster community well-being, health, safety, and general welfare. The association does not provide grants to external entities.

Who is the CEO of Centrelake Owners Association?

Michael Rademaker is the Ceo of Centrelake Owners Association. The CEO's salary of Centrelake Owners Association is $0 and their total compensation is $0.

What is the revenue of Centrelake Owners Association?

Centrelake Owners Association's revenue in 2022 was $207,229.

Who are the executives of Centrelake Owners Association and what are their salaries?


Here are 3 key members and their salaries (Centrelake Owners Association's CEO's salary is $0 and their total compensation is $0):


Michael Rademaker (Ceo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Hixson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rakesh Seth (Cfo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Centrelake Owners Association?

Centrelake Owners Association's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Centrelake Owners Association

Centrelake Owners Association is an organization dedicated to enhancing the community through civic and social improvements. One of its primary goals is to preserve and maintain the appearance of its 73-acre park and lake areas, making them freely accessible to residents in surrounding residential areas. The association aims to contribute to the common good, health, safety, and overall welfare of the community. Notably, Centrelake Owners Association does not provide grants to other entities.

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Impact




October, 2024

Centrelake Owners Association plays a vital role in enhancing the quality of life within the community by focusing on civic betterments and social improvements. By owning and maintaining 73 acres of lake and park areas in Ontario, California, the Association creates a welcoming environment for residents. These green spaces are open for unrestricted access, promoting outdoor activities, community engagement, and a sense of belonging among locals.

The Association’s commitment to preserving the appearance and functionality of these spaces reflects its dedication to the common good. By prioritizing health, safety, and general welfare, Centrelake fosters a vibrant community atmosphere. Its efforts contribute to the overall aesthetic and recreational value of the neighborhood, making it a more desirable place to live. Through its initiatives, Centrelake Owners Association not only enhances public spaces but also strengthens community ties, ensuring a thriving habitat for all residents.




This information is meant to be a general summary of Centrelake Owners 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
$207,229 (2022)
Expenses
$212,358 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $2,046
  • Gross Receipts: $207,229

Assets and Liabilities:

  • Total Assets: $448,503
  • Total Liabilities: $10,011
  • Net Assets: $438,492

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Organization Details

Founding Year

1987

Principal Officer

Michael Rademaker

Main Address

PO BOX 52798, IRVINE, CA, 92619

NTEE Category

Code: L50 - Housing

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