Fountain Lakes Irrigation Co-Op Inc

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

EIN: 453180068 ✦ Naples, FL ✦ Designated as a 501(c)(12)

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Overview

What is Fountain Lakes Irrigation Co-Op Inc?

Fountain Lakes Irrigation Co-Op Inc is a cooperative organization, headquartered in Naples, Florida, specifically at 3400 TAMIAMI TRAIL N, 34103. The primary function of this nonprofit is to manage and operate an irrigation system for 336 property owners spanning across four different Residential Homeowners Association (HOA)/Condominium (CONDO) associations. Their mission is to ensure the efficient and effective management of this water supply system within the residential community, thereby enhancing the overall living conditions for its members.

Is Fountain Lakes Irrigation Co-Op Inc legitimate?

Fountain Lakes Irrigation Co-Op Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Fountain Lakes Irrigation Co-Op 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: $14,856
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Fountain Lakes Irrigation Co-Op Inc?

Fountain Lakes Irrigation Co-Op Inc's primary role is to manage and operate an irrigation system for a residential community. This cooperative serves 336 property owners spread across four Homeowners Association (HOA) and Condominium Associations. The organization's mission is centered around maintaining this irrigation system, ensuring its efficient operation and upkeep. By doing so, Fountain Lakes Irrigation Co-Op Inc contributes to the overall well-being and aesthetics of the residential community it serves.

Who is the CEO of Fountain Lakes Irrigation Co-Op Inc?

Kenneth Wisen is the Treasurer of Fountain Lakes Irrigation Co-Op Inc.

What is the revenue of Fountain Lakes Irrigation Co-Op Inc?

Fountain Lakes Irrigation Co-Op Inc's revenue in 2022 was $186,493.

Who are the executives of Fountain Lakes Irrigation Co-Op Inc and what are their salaries?

There 7 volunteers at Fountain Lakes Irrigation Co-Op Inc.


Here are 7 key members and their salaries:


Jim Ivergutz (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Warren Cameron (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Covtiz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Smock (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Growe (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sheryl Apostle (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kenneth Wisen (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Fountain Lakes Irrigation Co-Op Inc?

Fountain Lakes Irrigation Co-Op Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Fountain Lakes Irrigation Co-Op Inc

Fountain Lakes Irrigation Co-Op Inc, as a cooperative entity, is dedicated to the operation and management of an irrigation system within a residential community. This mission is fundamental to ensuring the well-being of the 336 property owners affiliated with four different residential Homeowners Association (HOA) and Condominium Association units. By overseeing the irrigation system, Fountain Lakes Irrigation Co-Op Inc contributes to the maintenance and upkeep of the community's greenery and landscaping, thereby enhancing the overall aesthetics and livability of the area. The organization's role is instrumental in managing the water resources efficiently, thus promoting sustainable living and conserving valuable natural resources for the community members.

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Impact




October, 2024

Fountain Lakes Irrigation Co-Op Inc plays a vital role in the sustainability and functionality of the irrigation system for a residential community in Naples, Florida. By operating and managing this irrigation system, the Co-Op ensures that 336 property owners across four different homeowners' associations and condo associations have access to efficient and effective water management solutions.

This organization fosters a sense of community by promoting mutual benefit among residents, enhancing the overall quality of life within the neighborhoods it serves. The consistent maintenance and operation of the irrigation system contribute to the aesthetic appeal of the community, support local landscaping, and preserve property values. Furthermore, by streamlining water usage, Fountain Lakes Irrigation Co-Op Inc aids in resource conservation, aligning with environmental sustainability goals and responsible living practices.




This information is meant to be a general summary of Fountain Lakes Irrigation Co-Op 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
$186,493 (2022)
Expenses
$210,652 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $17
  • Program Service Revenue: $139,074
  • Gross Receipts: $186,493

Assets and Liabilities:

  • Total Assets: $491,248
  • Total Liabilities: $2,360
  • Net Assets: $488,888

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Programs

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

IRRIGATION WATER

Revenue

$137,065

LATE FEES

Revenue

$2,009

Organization Details

Founding Year

2011

Principal Officer

Kenneth Wisen

Main Address

3400 TAMIAMI TRAIL N, NAPLES, FL, 34103

NTEE Category

Code: Y22 - Mutual benefit

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