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Lake Isabella Property Owners Assoc

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

EIN: 381951815 ✦ Lake isabella, MI ✦ Designated as a 501(c)(4)

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Overview

What is Lake Isabella Property Owners Assoc?

Lake Isabella Property Owners Association is a nonprofit organization based in Lake Isabella, Michigan, specifically located at 1096 Queensway Dr. The primary aim of this association is to enhance the well-being of its residents and property owners, with a focus on recreation, health, safety, environmental concerns, and the development and maintenance of common properties. By doing so, they strive to create a harmonious and sustainable community for all its members. The organization currently employs 11 individuals to fulfill their mission.


Official website here: www.lipoa.org

Is Lake Isabella Property Owners Assoc legitimate?

Lake Isabella Property Owners Assoc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Lake Isabella Property Owners Assoc 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: $127,461

For more financial information, click here


Official website here: www.lipoa.org

What is the mission statement of Lake Isabella Property Owners Assoc?

The Lake Isabella Property Owners Association aims to safeguard and enhance the well-being of all residents and property owners within the community, prioritizing recreation, health, safety, environmental concerns, and the development and maintenance of shared properties. Their mission is to ensure a high-quality living experience for everyone, focusing on the preservation of the environment and the common areas, while fostering a safe and enjoyable recreational environment.


Official website here: www.lipoa.org

Who is the CEO of Lake Isabella Property Owners Assoc?

Larry Russell is the President of Lake Isabella Property Owners Assoc.


Official website here: www.lipoa.org

What is the revenue of Lake Isabella Property Owners Assoc?

Lake Isabella Property Owners Assoc's revenue in 2023 was $329,689.


Official website here: www.lipoa.org

Who are the executives of Lake Isabella Property Owners Assoc and what are their salaries?

The average compensation at Lake Isabella Property Owners Assoc during 2023 was $11,587. There are 11 employees at Lake Isabella Property Owners Assoc.


Here are 10 key members and their salaries:


Larry Russell (President)
  • Compensation: $325
  • Related: $0
  • Other: $0
Christine Belanger (Vice Preside)
  • Compensation: $271
  • Related: $0
  • Other: $0
Colleen Ahstrom (Treasurer)
  • Compensation: $217
  • Related: $0
  • Other: $0
Dave King (Director)
  • Compensation: $180
  • Related: $0
  • Other: $0
Steve Banagis (Director)
  • Compensation: $165
  • Related: $0
  • Other: $0
Norman Burmeister (Director)
  • Compensation: $165
  • Related: $0
  • Other: $0
John Dauffenbach (Director)
  • Compensation: $165
  • Related: $0
  • Other: $0
William Keelean (Director)
  • Compensation: $165
  • Related: $0
  • Other: $0
Fernando Terreros (Director)
  • Compensation: $120
  • Related: $0
  • Other: $0
John Boyd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.lipoa.org

Where can I find the form 990 for Lake Isabella Property Owners Assoc?

Lake Isabella Property Owners Assoc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.lipoa.org

Learn more at the official website: www.lipoa.org

Mission Statement of Lake Isabella Property Owners Assoc

The Lake Isabella Property Owners Association, a community-focused organization, aims to prioritize and safeguard the well-being of all its residents who reside and own property at Lake Isabella. With a strong emphasis on recreation, health, safety, and environmental concerns, the Association strives to maintain and develop all common properties for the betterment of its members. The Association's mission is to ensure a harmonious living environment at Lake Isabella, focusing on the development and maintenance of shared amenities for the overall welfare of its residents.

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Impact




June, 2024

Lake Isabella Property Owners Assoc's impact is significant in protecting and promoting the general welfare of all individuals who live and own property at Lake Isabella. With a focus on areas such as recreation, health, safety, environmental concerns, and the development and maintenance of common properties, the association plays a crucial role in enhancing the quality of life for the community members. Through its efforts, the Lake Isabella Property Owners Assoc helps to create a sustainable and safe environment for residents while fostering a strong sense of community and stewardship towards the natural surroundings.




This information is meant to be a general summary of Lake Isabella Property Owners Assoc. 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
$329,689 (2023)
Expenses
$365,225 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $775
  • Program Service Revenue: $123,317
  • Gross Receipts: $329,771

Assets and Liabilities:

  • Total Assets: $332,484
  • Total Liabilities: $1,578
  • Net Assets: $330,906

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

LOT MAINTENANCE FEES

Revenue

$63,372

CAMPING FEES

Revenue

$21,908

STORAGE FEES

Revenue

$15,650

DOCK FEES

Revenue

$14,799

KEY DEPOSITS

Revenue

$1,980

Organization Details

Principal Officer

Larry Russell

Main Address

1096 QUEENSWAY DR, LAKE ISABELLA, MI, 48893

NTEE Category

Code: C30 - Environment

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