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Lake Como Beach Property Owners Assn I

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

EIN: 391204129 ✦ Lake geneva, WI ✦ Designated as a 501(c)(7)

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Overview

What is Lake Como Beach Property Owners Assn I?

Lake Como Beach Property Owners Assn I is a nonprofit association established to cater to the needs of its member property owners in Lake Geneva, Wisconsin. With a focus on preservation, maintenance, and protection, the association aims to enhance the property and common areas of Lake Como Beach for the benefit and enjoyment of its members. The organization, headquartered at W3730 Clubhouse Drive, Lake Geneva, has a dedicated team of nine individuals working towards achieving its mission.


Official website here: www.lakecomobeachpoa.com/

What do the Facebook reviews say about Lake Como Beach Property Owners Assn I?

100% of reviewers recommend Lake Como Beach Property Owners Association based on 5 reviews. Here is a summary of their insights:

The group is praised for fostering a strong sense of community and for the impactful work performed by its volunteers. Reviewers appreciate the dedication and effort that goes into maintaining and enhancing the local area, highlighting a collective commitment to making the community a better place for everyone involved.

Overall, the sentiment is overwhelmingly positive, with members expressing satisfaction with the association's role in promoting a vibrant and supportive environment. This reflects a well-regarded organization that effectively meets the needs of its community.


This AI summary has been generated from reviews found on Facebook.

Is Lake Como Beach Property Owners Assn I legitimate?

Lake Como Beach Property Owners Assn I is a legitimate nonprofit organization registered as a 501(c)(7) entity. Lake Como Beach Property Owners Assn I 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: $34,245

For more financial information, click here


Official website here: www.lakecomobeachpoa.com/

What is the mission statement of Lake Como Beach Property Owners Assn I?

The Lake Como Beach Property Owners Association was established with the primary objective of serving its member property owners. Its mission is to preserve, maintain, and protect the property and common areas of Lake Como Beach, ensuring their benefit and enjoyment for the association's members. The association aims to safeguard the interests of its members and enhance the overall lake community experience. It strives to uphold the property's value and promote a harmonious environment for its members to enjoy. The association may also engage in activities that further enhance the lake's amenities and facilitate a sense of community among its members.


Official website here: www.lakecomobeachpoa.com/

Who is the CEO of Lake Como Beach Property Owners Assn I?

Mike Spread is the Director of Lake Como Beach Property Owners Assn I.


Official website here: www.lakecomobeachpoa.com/

What is the revenue of Lake Como Beach Property Owners Assn I?

Lake Como Beach Property Owners Assn I's revenue in 2023 was $216,957.


Official website here: www.lakecomobeachpoa.com/

Who are the executives of Lake Como Beach Property Owners Assn I and what are their salaries?

The average compensation at Lake Como Beach Property Owners Assn I during 2023 was $3,805. There are 9 employees at Lake Como Beach Property Owners Assn I.


Here are 15 key members and their salaries:


Tina Invergo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sue Winters (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janet Kowalski (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terry Pody (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Finkel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Bouck (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Doug Adams (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ruby Chambers (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Cavadias (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anne Witt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Winters (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dennis Hammer (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Spread (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Judy Decker (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sindee Benson (Clerk)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.lakecomobeachpoa.com/

Where can I find the form 990 for Lake Como Beach Property Owners Assn I?

Lake Como Beach Property Owners Assn I's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.lakecomobeachpoa.com/

Learn more at the official website: www.lakecomobeachpoa.com/

Mission Statement of Lake Como Beach Property Owners Assn I

Lake Como Beach Property Owners Association, often referred to as LCBOA, was established with a primary objective of serving its member property owners at Lake Como Beach. The association's mission is to preserve, maintain, and safeguard the property and common areas within Lake Como Beach, all in the interest of enhancing the enjoyment and benefits for its individual member property owners. By taking on this role, LCBOA aims to ensure that the beauty and resources of Lake Como Beach are preserved and utilized effectively for the satisfaction of its members.

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Impact




October, 2024

Lake Como Beach Property Owners Association I plays a crucial role in enhancing the community experience for property owners at Lake Como Beach. By focusing on the preservation, maintenance, and protection of both individual properties and common areas, the association ensures that the environment remains inviting and enjoyable for its members.

The association fosters a sense of community among property owners, promoting collaboration and communication to address concerns and enhance the quality of life within the area. Its efforts help maintain property values, as a well-kept and managed neighborhood is attractive to both current residents and potential buyers. Additionally, the association's commitment to shared spaces encourages recreational activities and community gatherings, strengthening bonds among members and enriching the overall living experience.

Through its initiatives, the association not only protects the aesthetic and functional aspects of Lake Como Beach but also nurtures a spirit of cooperation and stewardship among its members, ultimately contributing to a vibrant and thriving community.




This information is meant to be a general summary of Lake Como Beach Property Owners Assn I. 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
$216,957 (2023)
Expenses
$182,388 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $3,900
  • Program Service Revenue: $213,007
  • Gross Receipts: $218,057

Assets and Liabilities:

  • Total Assets: $689,560
  • Total Liabilities: $92,576
  • Net Assets: $596,984

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Programs

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

ASSESSMENT FEES

Revenue

$114,216

BAR SALES

Revenue

$38,264

PIER FEES

Revenue

$36,603

CLUBHOUSE RENTAL

Revenue

$13,371

PARKING PASSES

Revenue

$4,019

Organization Details

Founding Year

1929

Principal Officer

Mike Spread

Main Address

W3730 CLUBHOUSE DR, LAKE GENEVA, WI, 53147

NTEE Category

Code: P20 - Human services

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