Overview
What is Sugar Springs Property Owners Association?
The Sugar Springs Property Owners Association is a nonprofit organization established in Gladwin, Michigan. Their primary mission is to safeguard the well-being and welfare of the residents within the Sugar Springs real estate development in Gladwin County. To achieve this, they oversee the maintenance and improvement of common properties, supplement municipal services, enforce covenants and agreements, and levy assessments on the properties. The association also aims to preserve the values, amenities, and qualities in the development, ensuring a pleasant living experience for its residents. With a workforce of 89 individuals, the Sugar Springs Property Owners Association plays an essential role in maintaining and enhancing the community's shared spaces and facilities.
Official website here: www.sugarsprings.net
Is Sugar Springs Property Owners Association legitimate?
Sugar Springs Property Owners Association is a legitimate nonprofit organization registered as a 501(c)(4) entity. Sugar Springs Property Owners Association 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: $192,545
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,015,642
For more financial information, click here
Official website here: www.sugarsprings.net
What is the mission statement of Sugar Springs Property Owners Association?
The Sugar Springs Property Owners Association's mission is centered around promoting the health, safety, and welfare of its residents. This is achieved by ensuring the protection and maintenance of common properties, supplementing municipal services, levying assessments on the properties, enforcing covenants, restrictions, and agreements, and paying taxes on common properties, if necessary. Furthermore, the association has the authority to undertake any other actions that would benefit and enjoyment of the residents, provided it is legally permissible.
Official website here: www.sugarsprings.net
Who is the CEO of Sugar Springs Property Owners Association?
David Harris is the General Mana of Sugar Springs Property Owners Association.
Official website here: www.sugarsprings.net
What is the revenue of Sugar Springs Property Owners Association?
Sugar Springs Property Owners Association's revenue in 2022 was $3,416,750.
Official website here: www.sugarsprings.net
Who are the executives of Sugar Springs Property Owners Association and what are their salaries?
The average compensation at Sugar Springs Property Owners Association during 2022 was $13,575. There are 89 employees and 8 volunteers at Sugar Springs Property Owners Association.
Here are 11 key members and their salaries:
- Compensation: $79,039
- Related: $0
- Other: $26,870
- Compensation: $59,123
- Related: $0
- Other: $27,513
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.sugarsprings.net
Where can I find the form 990 for Sugar Springs Property Owners Association?
Sugar Springs Property Owners Association's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.sugarsprings.net
Learn more at the official website: www.sugarsprings.net
Mission Statement of Sugar Springs Property Owners Association
The Sugar Springs Property Owners Association is dedicated to promoting the health, safety, and welfare of its residents within the boundaries of a specific real estate development, commonly known as Sugar Springs. The association's mission is multifaceted, aiming to achieve various objectives for the betterment of the community.
Firstly, the organization focuses on providing protection for the values, amenities, and qualities of the development. This includes maintaining, improving, policing, and preserving common properties such as grounds, open spaces, trails, recreational facilities, and more. Secondly, the association supplements municipal services, ensuring that necessary facilities and services are available to the residents.
Additionally, the Sugar Springs Property Owners Association levies assessments against the properties to cover the costs of these services. They also enforce any covenants, restrictions, and agreements applicable to the properties, ensuring adherence to community standards. Furthermore, the organization pays taxes, if any, on the common properties to meet legal obligations.
Insofar as permitted by law, the association undertakes any other activities that promote the common benefit and enjoyment of the residents. This could include organizing community events, providing resources for resident engagement, or advocating for policies that benefit the community. In essence, the Sugar Springs Property Owners Association works tirelessly to create a safe, well-maintained, and harmonious living environment for its residents.
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Impact
October, 2024
The Sugar Springs Property Owners Association significantly enhances the quality of life for residents in the Sugar Springs development in Gladwin County, Michigan. By focusing on health, safety, and welfare, the Association plays a crucial role in maintaining and improving the community infrastructure, including common properties, recreational facilities, and open spaces.
Their efforts in protecting property values and amenities help residents feel secure and proud of their community, fostering a sense of belonging and support. The Association also supplements municipal services, ensuring that residents receive adequate facilities and maintenance that might not otherwise be available.
Enforcement of covenants and restrictions further promotes a cohesive community standard, allowing residents to enjoy their properties without concern over violations by neighbors. Additionally, the Association's financial management, including assessments and tax responsibilities for common properties, contributes to the overall health and sustainability of the community.
Through these initiatives, the Sugar Springs Property Owners Association not only promotes the common benefit and enjoyment of residents but also strengthens community ties, making Sugar Springs a desirable place to live and thrive.
This information is meant to be a general summary of Sugar Springs Property Owners Association. 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: $2,779
- Program Service Revenue: $3,364,820
- Gross Receipts: $3,416,750
Assets and Liabilities:
- Total Assets: $5,468,284
- Total Liabilities: $125,545
- Net Assets: $5,342,739
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
GENERAL ASSESSMENT
Revenue
$1,567,718
RESTAURANT
Revenue
$997,507
MEMBER USE OF GOLF COURSE
Revenue
$333,182
BUILDINGS & GROUNDS
Revenue
$294,765
PUBLIC USE OF GOLF COURSE
Revenue
$171,648
Organization Details
Founding Year
1972
Phone
(989) 426-4111Principal Officer
David Harris
Main Address
5477 WORTHINGTON CT, GLADWIN, MI, 486248199
Website
www.sugarsprings.netNTEE Category
Code: L50 - Housing
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