Overview
What is Wawasee Property Owners Association?
The Wawasee Property Owners Association is a nonprofit organization, based unspecified, that prioritizes water safety on Lake Wawasee. Its primary mission involves providing financial support to the Kosciusko County Sheriff Department's lake patrol program, aiming to ensure safe boating practices on the lake. Additionally, they contribute funds for dredging channels, water control structures, and offer assistance to local associations sharing similar purposes. To further promote lake safety, they organize an annual fireworks display. In summary, the Wawasee Property Owners Association plays a crucial role in enhancing safety and maintaining the well-being of Lake Wawasee and its community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning it a Two-Star out of Four Star rating.
The Wawasee Property Owners Association has received a Two-Star rating from Charity Navigator, indicating a moderate level of accountability and financial health. The organization demonstrates strong governance with a fully independent board and no material diversion of assets. Additionally, they maintain a high program expense ratio, showing that a significant portion of their funds is directed towards their programs.
However, the organization has notable limitations in its transparency and governance policies. Key documents such as the conflict of interest policy, whistleblower policy, and document retention policy are missing, which raises concerns regarding organizational oversight and accountability practices. Furthermore, the absence of their website listed on tax forms and the tax form itself on their website indicates a lack of accessibility of important information to the public.
Overall, while the Wawasee Property Owners Association shows strengths in financial management and governance, improvement in policy documentation and transparency is essential for enhancing trust and credibility with stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Wawasee Property Owners Association legitimate?
Wawasee Property Owners Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wawasee Property 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: $37,916
For more financial information, click here
What is the mission statement of Wawasee Property Owners Association?
The Wawasee Property Owners Association works towards ensuring water safety on the lakes. They accomplish this by providing funds to reinforce the lake patrol program, which aims to promote safe boating, and contributing to dredging channels, water control structures. Additionally, they aid local associations with similar objectives. The association also organizes an annual fireworks display.
Who is the CEO of Wawasee Property Owners Association?
Kay Young is the Director of Wawasee Property Owners Association.
What is the revenue of Wawasee Property Owners Association?
Wawasee Property Owners Association's revenue in 2022 was $176,173.
Who are the executives of Wawasee Property Owners Association and what are their salaries?
Here are 16 key members and their salaries:
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Where can I find the form 990 for Wawasee Property Owners Association?
Wawasee Property Owners Association's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Wawasee Property Owners Association
The Wawasee Property Owners Association, a dedicated nonprofit organization, is committed to ensuring water safety on the lakes. With a primary focus on the well-being of lake-goers, the association contributes funds to various initiatives aimed at promoting safe boating. One such initiative is the Kosciusko County Sheriff Department's lake patrol program, designed to maintain safety on Lake Wawasee.
In addition to promoting safe boating practices, the association also invests in essential infrastructure, such as dredging channels and water control structures. These investments are made to improve the overall safety and navigation of the lakes. Furthermore, the association extends its support to local associations with similar purposes, demonstrating its commitment to a safer lakeside community.
Another notable activity undertaken by the Wawasee Property Owners Association is the organization of an annual fireworks display. This event not only adds to the lakeside community's enjoyment but also serves as a celebratory gathering that reinforces the association's dedication to the safety and well-being of its lake-goers.
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Impact
June, 2024
The Wawasee Property Owners Association's impact is significant in promoting water safety on the lakes, particularly Lake Wawasee in Syracuse, Indiana. They contribute funds to the Kosciusko County Sheriff Department's lake patrol program, which is designed to enhance safe boating practices on the lake. Additionally, the association provides financial support for dredging channels, maintaining water control structures, and assisting local associations with similar purposes. The annual fireworks display organized by the Wawasee Property Owners Association also adds to the community's enjoyment and engagement with the lakes.
This information is meant to be a general summary of Wawasee Property 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $1,808
- Program Service Revenue: $118,787
- Gross Receipts: $176,173
Assets and Liabilities:
- Total Assets: $546,548
- Total Liabilities: $83,174
- Net Assets: $463,374
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FIREWORKS
Revenue
$106,519
MEMBER MEETINGS
Revenue
$8,768
DIRECTORY
Revenue
$3,500
Organization Details
Phone
(574) 457-4417Principal Officer
Kay Young
Main Address
PO BOX 427, SYRACUSE, IN, 46567
NTEE Category
Code: C32 - Environment
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