Overview
What is Kingstowne Residential Owners Corp?
Kingstowne Residential Owners Corp is a nonprofit organization situated in Alexandria, Virginia. Their primary focus is on enhancing the health, safety, and well-being of their community residents. They manage and maintain common property facilities such as swimming pools and tennis courts, ensuring these areas are in optimal condition for community use. The corporation also oversees the enforcement of covenants and restrictions, as outlined in their governing documents, to maintain order and harmony within the community. With a staff of 12 individuals, Kingstowne Residential Owners Corp works diligently to uphold the best interests of their community members.
Official website here: www.kingstowne.org
Is Kingstowne Residential Owners Corp legitimate?
Kingstowne Residential Owners Corp is a legitimate nonprofit organization registered as a 501(c)(4) entity. Kingstowne Residential Owners Corp 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: $755,479
For more financial information, click here
Official website here: www.kingstowne.org
What is the mission statement of Kingstowne Residential Owners Corp?
The Kingstowne Residential Owners Corp's primary mission is to prioritize the health, safety, and well-being of its residents. This is achieved by enforcing all covenants and restrictions in accordance with the governing documents. The corporation also manages facilities such as pools, tennis courts, and association offices, while maintaining all common property to promote a safe and thriving community. In essence, Kingstowne Residential Owners Corp is committed to ensuring a harmonious living environment for its residents, adhering to established guidelines and overseeing community amenities.
Official website here: www.kingstowne.org
Who is the CEO of Kingstowne Residential Owners Corp?
Michael Lamarche is the President of Kingstowne Residential Owners Corp.
Official website here: www.kingstowne.org
What is the revenue of Kingstowne Residential Owners Corp?
Kingstowne Residential Owners Corp's revenue in 2022 was $6,540,303.
Official website here: www.kingstowne.org
Who are the executives of Kingstowne Residential Owners Corp and what are their salaries?
The average compensation at Kingstowne Residential Owners Corp during 2022 was $62,957. There are 12 employees and 60 volunteers at Kingstowne Residential Owners Corp.
Here are 8 key members and their salaries:
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- Compensation: $139,134
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Official website here: www.kingstowne.org
Where can I find the form 990 for Kingstowne Residential Owners Corp?
Kingstowne Residential Owners Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.kingstowne.org
Learn more at the official website: www.kingstowne.org
Mission Statement of Kingstowne Residential Owners Corp
Kingstowne Residential Owners Corp, as a nonprofit organization, is dedicated to promoting the health, safety, and welfare of its residents. This commitment involves enforcing all covenants and restrictions in accordance with the governing documents. The corporation's mission is multifaceted and includes the operation of communal facilities such as pools and tennis courts, as well as maintaining all common property. By doing so, Kingstowne Residential Owners Corp strives to foster a harmonious and secure environment for its residents, thereby promoting the overall well-being of the community. The organization's mission is a testament to its dedication to upholding the quality of life for its residents, ensuring that they can enjoy their living spaces safely and comfortably.
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Impact
October, 2024
Kingstowne Residential Owners Corp significantly enhances community life in Alexandria, VA, by promoting the health, safety, and welfare of its residents. Through the operation of amenities such as pools and tennis courts, it fosters a recreational environment that encourages community engagement and healthy lifestyles. Moreover, the organization actively enforces covenants and restrictions outlined in its governing documents, ensuring that the community maintains its standards and appearance.
By overseeing the maintenance of common properties, Kingstowne Residential Owners Corp plays a vital role in preserving the quality of the neighborhood. This commitment not only boosts property values but also creates a safer and more pleasant living environment for all residents. Overall, their efforts contribute to a cohesive, vibrant community where residents can thrive.
This information is meant to be a general summary of Kingstowne Residential Owners Corp. 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: $82,590
- Program Service Revenue: $6,457,713
- Gross Receipts: $6,540,303
Assets and Liabilities:
- Total Assets: $8,337,304
- Total Liabilities: $581,218
- Net Assets: $7,756,086
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES AND AS
Revenue
$5,975,528
MEMBERSHIP FEES
Revenue
$336,503
CLUBHOUSE RENTAL
Revenue
$145,682
Organization Details
Founding Year
1987
Phone
(703) 922-9477Principal Officer
Michael Lamarche
Main Address
6090 KINGSTOWNE VILLAGE PARKWAY, ALEXANDRIA, VA, 23315
Website
www.kingstowne.orgNTEE Category
Code: L50 - Housing
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