Overview
What is Coral Lakes Associationinc?
Coral Lakes Associationinc is a nonprofit organization located in Boynton Beach, Florida. Its primary focus is to maintain various facilities within its member condominium or homeowners association areas. This includes a large clubhouse spanning 77,000 feet, 15 lakes, five swimming pools, and several tennis courts. The organization ensures these areas are meticulously maintained by non-resident professionals, aiming to enhance the lifestyle of its member residents.
Is Coral Lakes Associationinc legitimate?
Coral Lakes Associationinc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Coral Lakes Associationinc 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.
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What is the mission statement of Coral Lakes Associationinc?
The Coral Lakes Associationinc's mission is centered around maintaining the property and enhancing the lifestyle of its member residents. This is achieved by meticulously maintaining key facilities such as a large clubhouse, numerous lakes, swimming pools, tennis courts, all located within the condominium or homeowners association areas. The maintenance of these facilities is carried out by non-resident professionals, ensuring that the living standards of the members are consistently upheld.
Who is the CEO of Coral Lakes Associationinc?
Joel Stahl is the President of Coral Lakes Associationinc.
What is the revenue of Coral Lakes Associationinc?
Coral Lakes Associationinc's revenue in 2022 was $4,782,651.
Who are the executives of Coral Lakes Associationinc and what are their salaries?
Here are 14 key members and their salaries:
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Where can I find the form 990 for Coral Lakes Associationinc?
Coral Lakes Associationinc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Coral Lakes Associationinc
Coral Lakes Associationinc is dedicated to maintaining the property and enhancing the lifestyle of its member residents. This mission is carried out through various initiatives, including the meticulous upkeep of a large clubhouse spanning 77,000 square feet, as well as the management of fifteen lakes, five swimming pools, and several tennis courts within the condominium or homeowners association areas. These facilities are professionally maintained by non-resident personnel, ensuring that members can enjoy a well-maintained and enjoyable living environment. In essence, Coral Lakes Associationinc is committed to preserving and improving the property and amenities within its community, thereby enhancing the overall quality of life for its member residents.
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Impact
October, 2024
Coral Lakes Associationinc significantly enhances the quality of life for its member residents in Boynton Beach, Florida. By maintaining a 77,000-square-foot clubhouse, 15 lakes, 5 swimming pools, and tennis courts, the association creates a vibrant and enjoyable community atmosphere. The professional maintenance of these facilities ensures a high standard of cleanliness and functionality, contributing to a safe and appealing environment for leisure and recreation.
The association's commitment to property upkeep not only fosters aesthetic appeal but also promotes a sense of pride and belonging among residents. This emphasis on community enhancement encourages social interaction and recreational activities, vital for building strong relationships within the neighborhood. Overall, Coral Lakes Associationinc plays a crucial role in elevating resident lifestyles and fostering a thriving community spirit.
This information is meant to be a general summary of Coral Lakes Associationinc. 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: $7,680
- Program Service Revenue: $4,666,471
- Gross Receipts: $4,782,651
Assets and Liabilities:
- Total Assets: $2,496,459
- Total Liabilities: $1,755,265
- Net Assets: $741,194
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP INCOME
Revenue
$4,118,791
FUNCTIONS INCOME
Revenue
$254,468
SPECIAL ASSESSMENT
Revenue
$237,855
LIFESTYLES INCOME
Revenue
$26,390
OTHER INCOME
Revenue
$22,476
Organization Details
Founding Year
1992
Phone
(561) 637-4315Principal Officer
Joel Stahl
Main Address
12751 EL CLAIR RANCH ROAD, BOYNTON BEACH, FL, 33437
NTEE Category
Code: N50 - Recreation
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