Overview
What is Newport Ridge Community Association?
The Newport Ridge Community Association is a nonprofit organization that plays a significant role in the Newport Beach community. Its primary mission is to uphold the common good and welfare of the residents, ensuring architectural and landscape control over residential properties and condominium units within a master-planned development. The association manages 736 acres of common areas, including parks, slopes, greenbelts, and other open spaces, maintaining facilities such as irrigation systems, monuments, and markers. By doing so, the association offers valuable services and amenities that enrich the lives of the entire community and promote its general well-being. It's worth noting that the association does not provide repairs or maintenance for private residences, condominium units, or apartments. These community services would not be available without the Newport Ridge Community Association, thereby enhancing the overall living experience for the community and surrounding localities.
Is Newport Ridge Community Association legitimate?
Newport Ridge Community Association is a legitimate nonprofit organization registered as a 501(c)(4) entity. Newport Ridge Community 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
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What is the mission statement of Newport Ridge Community Association?
The Newport Ridge Community Association serves the collective interest and well-being of its community. By leveraging protective covenants, the association maintains control over the architectural and landscaping aspects of residential properties in the master-planned development. The association manages a vast expanse of 736 acres, encompassing parks, greenbelts, boundary walls, irrigation systems, and other open spaces. However, it does not undertake repairs or maintenance of private residences, condominium units, or apartments. The services provided by the association benefit the entire Newport Ridge community and surrounding localities, promoting the common good and overall welfare of its people. These amenities and facilities would not be accessible to the community without the association's involvement.
Who is the CEO of Newport Ridge Community Association?
Signe Keller is the President of Newport Ridge Community Association.
What is the revenue of Newport Ridge Community Association?
Newport Ridge Community Association's revenue in 2022 was $1,300,183.
Who are the executives of Newport Ridge Community Association and what are their salaries?
Here are 5 key members and their salaries:
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Where can I find the form 990 for Newport Ridge Community Association?
Newport Ridge Community Association's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Newport Ridge Community Association
The Newport Ridge Community Association serves the common good and general welfare of its community in Newport Beach. This nonprofit organization has been granted protective covenants (CC&Rs) to oversee the architectural and landscaping aspects of all residential properties and condominium units within its master-planned development community. The association maintains a vast area of 736 acres, which includes parks, facilities within the parks, slopes, greenbelts, medians on public streets, boundary walls and fences, irrigation systems, monuments, markers, and other open spaces. This organization ensures that these services and facilities are available to the community, as they would not be otherwise. The Newport Ridge Community Association does not provide repairs or maintenance for private residences, condominium units, or apartments. Instead, it focuses on promoting the common good and general welfare of the community by maintaining these shared spaces. The association's efforts significantly benefit the entire Newport Ridge community and surrounding local communities.
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Impact
October, 2024
Newport Ridge Community Association plays a crucial role in enhancing the quality of life for residents in Newport Beach. By providing architectural and landscape control, the Association ensures that the aesthetic and environmental standards of residential properties and condominium units are upheld, fostering a sense of community and pride among residents.
Managing 736 acres of common areas, including parks, greenbelts, and public landscape features, the Association contributes significantly to the community's environment. These spaces not only offer recreational opportunities but also improve the overall appeal and value of the neighborhood. The maintenance of boundary walls, fences, irrigation systems, and monuments further reflects the Association's commitment to preserving the community's infrastructure and beauty.
The Association's role extends beyond mere upkeep; it actively promotes the common good and welfare of the Newport Ridge community and surrounding areas. By imposing protective covenants, it helps maintain property values, which benefits all residents. Without the Association's presence and initiatives, many of these vital services and facilities would simply not exist, potentially leading to a decline in community cohesion and quality of life. Overall, Newport Ridge Community Association’s impact is profound, fostering a vibrant, well-maintained community that is enjoyable for current residents and attractive to potential newcomers.
This information is meant to be a general summary of Newport Ridge Community 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $15,347
- Program Service Revenue: $1,284,836
- Gross Receipts: $1,300,183
Assets and Liabilities:
- Total Assets: $2,533,940
- Total Liabilities: $110,971
- Net Assets: $2,422,969
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES AND FEES
Revenue
$1,187,796
LANDSCAPE REIMB-NEWPORT BEACH
Revenue
$78,559
OTHER
Revenue
$11,751
DUES RECOVERY (UNCOLLECTIBLE)
Revenue
$4,019
LATE AND DELINQUENCY FEES
Revenue
$2,711
Organization Details
Founding Year
1993
Phone
(949) 448-6000Principal Officer
Signe Keller
Main Address
C/O FSR 15241 LAGUNA CANYON ROAD, IRVINE, CA, 92618
NTEE Category
Code: L50 - Housing
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