Morse Lakes Property Owners Association Inc

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

EIN: 510187926 ✦ Bloomingdale, NJ ✦ Designated as a 501(c)(7)

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Overview

What is Morse Lakes Property Owners Association Inc?

Morse Lakes Property Owners Association Inc is a nonprofit organization primarily focused on maintaining and improving the common areas of a lake community, benefiting the 124 properties within it. Their primary responsibilities include the upkeep of the roads, clubhouse, and surrounding areas to ensure the overall well-being of the lake community. By managing these aspects, they aim to enhance the living experience of the property owners, contributing to a cohesive and well-maintained community.


Official website here: www.morselakes.com

Is Morse Lakes Property Owners Association Inc legitimate?

Morse Lakes Property Owners Association Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Morse Lakes Property Owners Association Inc submitted a form 990EZ, 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.


Official website here: www.morselakes.com

What is the mission statement of Morse Lakes Property Owners Association Inc?

The Morse Lakes Property Owners Association Inc's mission is focused on enhancing the shared spaces and facilities within the lake community. Specifically, their mission involves improving the condition of the roads, clubhouse, and surrounding areas for the benefit of the 124 property owners. Their primary goal is to maintain the common areas, ensuring that the lake community as a whole can enjoy these amenities.


Official website here: www.morselakes.com

Who is the CEO of Morse Lakes Property Owners Association Inc?

Brian Combs is the President of Morse Lakes Property Owners Association Inc.


Official website here: www.morselakes.com

What is the revenue of Morse Lakes Property Owners Association Inc?

Morse Lakes Property Owners Association Inc's revenue in 2022 was $96,633.


Official website here: www.morselakes.com

Who are the executives of Morse Lakes Property Owners Association Inc and what are their salaries?


Here are 6 key members and their salaries:


Brian Combs (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anthony Ferraro (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Thornton Cpa (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Judy Bertola (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher Van Dalinda (Property Dam Manager)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marco Margotta (Clubhouse Manager)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.morselakes.com

Where can I find the form 990EZ for Morse Lakes Property Owners Association Inc?

Morse Lakes Property Owners Association Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.morselakes.com

Learn more at the official website: www.morselakes.com

Mission Statement of Morse Lakes Property Owners Association Inc

Morse Lakes Property Owners Association Inc is dedicated to improving and maintaining the common areas of a lake community, benefiting the 124 property owners residing there. Their primary focus is on enhancing the condition of the roads, clubhouse, and surrounding areas within this lake community. This nonprofit organization ensures that the common areas are well-maintained, contributing to the overall appeal and livability of the community for its residents. By taking care of these shared spaces, Morse Lakes Property Owners Association Inc strives to foster a sense of unity and pride among the property owners, making their lake community a desirable and enjoyable place to live.

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Impact




October, 2024

Morse Lakes Property Owners Association Inc plays a vital role in enhancing the quality of life for residents in the lake community of Bloomingdale, NJ. By focusing on the maintenance and improvement of roads, the clubhouse, and surrounding areas, the association ensures that the common spaces are enjoyable, safe, and accessible for all 124 properties.

This dedication to upkeep fosters a sense of community and belonging among residents while promoting property values through well-maintained infrastructure. The association’s efforts contribute to a cohesive environment where residents can socialize, engage in recreational activities, and take pride in their surroundings. Ultimately, Morse Lakes Property Owners Association Inc strengthens the fabric of the community, enhancing both the aesthetic appeal and the overall livability of the area.




This information is meant to be a general summary of Morse Lakes Property Owners Association 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
$96,633 (2022)
Expenses
$98,935 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $811
  • Gross Receipts: $97,940

Assets and Liabilities:

  • Total Assets: $80,425
  • Total Liabilities: $0
  • Net Assets: $80,425

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Organization Details

Principal Officer

Brian Combs

Main Address

37 Ridge Road, Bloomingdale, NJ, 07403

NTEE Category

Code: L50 - Housing

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