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Coosawatee River Resort Association Inc

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

EIN: 581794768 ✦ Ellijay, GA ✦ Designated as a 501(c)(4)

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Overview

What is Coosawatee River Resort Association Inc?

Coosawatee River Resort Association Inc is a nonprofit organization situated in Ellijay, Georgia. Their primary objective, as stated in their declaration of covenants, conditions, and restrictions, is to manage and maintain common areas, elements, and collect member assessments on behalf of its members. The association is dedicated to providing efficient and cost-effective services in a friendly, ethical, and professional manner, ensuring the highest level of stewardship and maintaining a quality environment for its property owners and guests. With a team of 16 employees, they oversee the day-to-day operational administration of the association.

Is Coosawatee River Resort Association Inc legitimate?

Coosawatee River Resort Association Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Coosawatee River Resort Association 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: $0

For more financial information, click here

What is the mission statement of Coosawatee River Resort Association Inc?

The Coosawatee River Resort Association Inc, as a property owners association, is committed to ensuring the optimal stewardship of its assets. Its primary goal is to maintain a high-quality environment while delivering efficient and economical services to its property owners and guests. The association operates with a friendly, ethical, and professional approach, striving to provide a positive experience for all involved. It manages common areas and elements, collects member assessments, and offers day-to-day operational administration services.

Who is the CEO of Coosawatee River Resort Association Inc?

Malcolm Carter is the President of Coosawatee River Resort Association Inc.

What is the revenue of Coosawatee River Resort Association Inc?

Coosawatee River Resort Association Inc's revenue in 2022 was $7,131,673.

Who are the executives of Coosawatee River Resort Association Inc and what are their salaries?

There are 16 employees and 18 volunteers at Coosawatee River Resort Association Inc.


Here are 12 key members and their salaries:


Susan Decker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeffery Jackman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Stonecipher (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Hazzard (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Toni Barrett (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Elliott (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vito Molfetto (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Malcolm Carter (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shelah Muse (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Miller (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jorge Fernandez (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Dorr (Treasuer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Coosawatee River Resort Association Inc?

Coosawatee River Resort Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Coosawatee River Resort Association Inc

Coosawatee River Resort Association Inc, as a non-profit organization, is dedicated to upholding the highest level of stewardship for its association assets. This mission involves meticulously maintaining the environment and delivering efficient and cost-effective services to its property owners and guests. The association operates in a friendly, ethical, and professional manner, ensuring that the needs of its members are met with utmost priority. It oversees the management and maintenance of all common areas and elements, ensuring a harmonious and well-maintained environment for its members. Furthermore, Coosawatee River Resort Association Inc is responsible for collecting member assessments, ensuring the financial sustainability of the association. In essence, the organization's mission is centered around providing exceptional services, preserving its assets, and fostering a sense of community among its members.

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Impact




October, 2024

Coosawatee River Resort Association Inc plays a vital role in fostering a high-quality living environment for property owners and guests in Ellijay, GA. Through effective stewardship of association assets, the organization ensures that common areas are well-maintained, enhancing the overall appeal and safety of the community. By providing efficient and cost-effective services, the Association promotes a friendly and professional atmosphere that contributes to a sense of belonging among residents.

The governance structure, which includes the election of a Board of Directors, allows for active participation and representation of member interests. This collaborative approach not only upholds the community’s values and standards but also encourages engagement among property owners, fostering a vibrant community spirit. Moreover, the commitment to maintaining a quality environment underscores the Association's dedication to sustainability and the preservation of natural resources, which are significant for both current residents and future generations.

In summary, Coosawatee River Resort Association Inc has a positive impact by enhancing community well-being, maintaining property values, and promoting a collaborative, engaged lifestyle among its members.




This information is meant to be a general summary of Coosawatee River Resort 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
$7,131,673 (2022)
Expenses
$6,023,407 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $289,654
  • Program Service Revenue: $5,793,100
  • Gross Receipts: $7,173,329

Assets and Liabilities:

  • Total Assets: $12,818,093
  • Total Liabilities: $4,759,264
  • Net Assets: $8,058,829

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Programs

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

Membership Assessment

Revenue

$4,230,059

Other Member fees

Revenue

$691,689

Capital Reserve Assessment

Revenue

$516,975

Campground Water Fees

Revenue

$239,877

Timeshare maintenance

Revenue

$104,316

Organization Details

Founding Year

1994

Principal Officer

Malcolm Carter

Main Address

634 Beaver Lake Drive, Ellijay, GA, 30540

NTEE Category

Code: L50 - Housing

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