Valle Lake Inc

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

EIN: 430924674 ✦ Desoto, MO ✦ Designated as a 501(c)(4)

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Overview

What is Valle Lake Inc?

Valle Lake Inc is a nonprofit organization situated in Desoto, Missouri, specifically at 3806 Roberts Drive. Their primary mission involves maintaining the streets, common grounds, and essential utilities within the subdivision they serve. With a team of seven dedicated employees, they ensure the roads, streets, and water infrastructure within the community remain in good condition, providing a safe and functional environment for the lot and homeowners. The organization's activities encompass the overall upkeep and upgrading of the subdivision's infrastructure.

Is Valle Lake Inc legitimate?

Valle Lake Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Valle Lake 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $100,649

For more financial information, click here

What is the mission statement of Valle Lake Inc?

Valle Lake Inc's primary mission is centered around maintaining the infrastructure of a subdivision. Specifically, the organization is responsible for the upkeep of the roads, streets, and water systems within the community. This role is essential in ensuring that the lot and homeowners have functioning facilities to utilize. The organization operates a streets work system and maintains other common grounds, contributing to the overall well-being and convenience of the subdivision's residents.

Who is the CEO of Valle Lake Inc?

Paul Fears is the President of Valle Lake Inc.

What is the revenue of Valle Lake Inc?

Valle Lake Inc's revenue in 2021 was $231,631.

Who are the executives of Valle Lake Inc and what are their salaries?

The average compensation at Valle Lake Inc during 2021 was $14,378. There are 7 employees at Valle Lake Inc.


Here are 5 key members and their salaries:


Paul Fears (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terry Caby (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Hawk (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rick Haynes (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sue Sulser (Sargent Of Arms)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Valle Lake Inc?

Valle Lake Inc's most recent form 990 was submitted in 2021 and can be accessed here.

Mission Statement of Valle Lake Inc

Valle Lake Inc, as a nonprofit organization, is dedicated to maintaining the roads, streets, and water facilities within its subdivision. This mission involves ensuring that the common grounds, which are utilized by the lot and homeowners, are kept in good condition. The program implemented by Valle Lake Inc for this purpose is focused on maintaining the streets work system, thereby ensuring the safety and convenience of its residents. The organization's role in this regard is essential to preserving the integrity and livability of the subdivision.

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Impact




October, 2024

Valle Lake Inc significantly enhances the quality of life for residents in the DeSoto community by maintaining essential infrastructure such as roads, streets, and water systems within the subdivision. Their efforts ensure that common areas remain well-kept and accessible, contributing to a safer and more pleasant living environment for homeowners and lot owners alike. By prioritizing these essential services, Valle Lake Inc fosters a sense of community and supports the daily lives of its residents, allowing them to enjoy their homes and surroundings without the worry of infrastructural issues. Their commitment to maintaining these services is crucial for promoting the overall well-being and accessibility of the area.




This information is meant to be a general summary of Valle Lake 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.

Revenue
$231,631 (2021)
Expenses
$189,303 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Investment Income: $9,497
  • Program Service Revenue: $123,126
  • Gross Receipts: $231,642

Assets and Liabilities:

  • Total Assets: $376,591
  • Total Liabilities: $2,325
  • Net Assets: $374,266

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Programs

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

MAINTENANCE ASSESSMENTS

Revenue

$123,126

Organization Details

Founding Year

1998

Principal Officer

Paul Fears

Main Address

3806 ROBERTS DRIVE, DESOTO, MO, 63020

NTEE Category

Code: T00 - Philanthropy

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