Overview
What is Lake Holiday Property Owners' Association Inc?
Lake Holiday Property Owners' Association Inc, based in Somonauk, Illinois, is a nonprofit organization dedicated to managing and maintaining common areas within the community. Their primary mission is to uphold the association's restrictive covenants, by-laws, and regulations, in an effort to safeguard and enhance the quality of life and property values of the common assets. To achieve this, they oversee security, waste disposal, and other essential services for their members. The association recognizes and values its staff, clubs, committees, and volunteers, as they play a significant role in maintaining smooth day-to-day operations. With a team of 33 employees, Lake Holiday Property Owners' Association Inc strives to be transparent and informative with its membership.
Official website here: www.lakeholiday.nabrnetwork.com
Is Lake Holiday Property Owners' Association Inc legitimate?
Lake Holiday Property Owners' Association Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Lake Holiday Property Owners' 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: $120,164
Professional Fundraising Fees: $0
Other Salaries and Wages: $608,862
For more financial information, click here
Official website here: www.lakeholiday.nabrnetwork.com
What is the mission statement of Lake Holiday Property Owners' Association Inc?
The Lake Holiday Property Owners' Association Inc's mission is centered around governing the association in line with its restrictive covenants, by-laws, and rules and regulations. Its primary objective is to safeguard and enhance the community's quality of life and property values associated with common assets. The association is committed to treating its staff fairly, recognizing their invaluable role in maintaining efficient day-to-day operations. Furthermore, the association appreciates and values the contributions of its clubs, committees, and volunteers. It strives to maintain an open and informative relationship with its membership. In addition to operating and maintaining common areas, the association provides security, refuse disposal, and other essential services to its members.
Official website here: www.lakeholiday.nabrnetwork.com
Who is the CEO of Lake Holiday Property Owners' Association Inc?
Jeff Marco is the General Manager of Lake Holiday Property Owners' Association Inc.
Official website here: www.lakeholiday.nabrnetwork.com
What is the revenue of Lake Holiday Property Owners' Association Inc?
Lake Holiday Property Owners' Association Inc's revenue in 2022 was $2,209,514.
Official website here: www.lakeholiday.nabrnetwork.com
Who are the executives of Lake Holiday Property Owners' Association Inc and what are their salaries?
The average compensation at Lake Holiday Property Owners' Association Inc during 2022 was $22,092. There are 33 employees and 50 volunteers at Lake Holiday Property Owners' Association Inc.
Here are 9 key members and their salaries:
- Compensation: $115,843
- Related: $0
- Other: $4,321
- Compensation: $770
- Related: $0
- Other: $0
- Compensation: $805
- Related: $0
- Other: $0
- Compensation: $490
- Related: $0
- Other: $0
- Compensation: $805
- Related: $0
- Other: $0
- Compensation: $35
- Related: $0
- Other: $0
- Compensation: $805
- Related: $0
- Other: $0
- Compensation: $770
- Related: $0
- Other: $0
- Compensation: $840
- Related: $0
- Other: $0
Official website here: www.lakeholiday.nabrnetwork.com
Where can I find the form 990 for Lake Holiday Property Owners' Association Inc?
Lake Holiday Property Owners' Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lakeholiday.nabrnetwork.com
Learn more at the official website: www.lakeholiday.nabrnetwork.com
Mission Statement of Lake Holiday Property Owners' Association Inc
Lake Holiday Property Owners' Association Inc is committed to governing its operations in a fair and transparent manner, adhering to its restrictive covenants, by-laws, and rules and regulations. Its primary mission is to safeguard and enhance the community's quality of life and property values associated with common assets. The association recognizes the importance of its staff, treating them with respect and value, as they play a crucial role in maintaining effective day-to-day operations. Additionally, Lake Holiday Property Owners' Association Inc appreciates and encourages the contributions of its clubs, committees, and volunteers, recognizing the numerous benefits they bring to the association. In essence, the association's mission is to govern its affairs in a manner that protects and enhances the community, treating its staff, clubs, and volunteers with the respect and appreciation they deserve.
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Impact
October, 2024
Lake Holiday Property Owners' Association Inc plays a crucial role in maintaining and enhancing the quality of life within its community in Somonauk, IL. By governing the affairs of the association according to its established guidelines, it ensures that the interests of property owners are protected and that property values are preserved.
The association is dedicated to the effective operation and maintenance of common areas, which are essential for providing a cohesive living environment. Services such as security and refuse disposal not only enhance the safety and cleanliness of the community but also foster a sense of belonging among residents.
Furthermore, the association emphasizes the importance of its staff, recognizing their invaluable contributions to the daily operations that keep the community running smoothly. By valuing the roles of clubs, committees, and volunteers, the association promotes community engagement and cooperation, leading to a vibrant and active neighborhood.
Through its mission, the Lake Holiday Property Owners' Association Inc strives to create an open and informative environment for its members, ensuring transparency and inclusivity in all its dealings. This approach not only strengthens community ties but also empowers residents to take an active role in the governance and betterment of their living environment.
This information is meant to be a general summary of Lake Holiday Property Owners' 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 2022.
- Investment Income: $9,146
- Program Service Revenue: $2,119,025
- Gross Receipts: $2,209,553
Assets and Liabilities:
- Total Assets: $7,038,249
- Total Liabilities: $308,630
- Net Assets: $6,729,619
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ASSESSMENTS
Revenue
$1,829,515
REGISTRATIONS, PERMITS
Revenue
$271,810
FINES
Revenue
$17,700
Organization Details
Founding Year
1965
Phone
(815) 498-2216Principal Officer
Jeff Marco
Main Address
283 EASY STREET, SOMONAUK, IL, 60552
If you are a representative of Lake Holiday Property Owners' Association Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.