Champion Lakes Estates

Community Association Inc

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

EIN: 680518980 ✦ Houston, TX ✦ Designated as a 501(c)(4)

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Overview

What is Champion Lakes Estates?

Champion Lakes Estates is a community association established in Harris County, Texas, with a primary mission to enforce the declaration of covenants, conditions, and restrictions within the subdivision. The organization collects annual assessments to fund its operations, ensuring the maintenance of common area improvements within the community. By doing so, Champion Lakes Estates effectively manages and preserves the quality of life for its residents, providing a cohesive and well-maintained living environment.

Is Champion Lakes Estates legitimate?

Champion Lakes Estates is a legitimate nonprofit organization registered as a 501(c)(4) entity. Champion Lakes Estates 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 Champion Lakes Estates?

Champion Lakes Estates' association is established to enforce the covenants, conditions, and restrictions within the community. This is achieved by collecting annual assessments, which are utilized to fund the necessary operational expenses. The primary goal is to enforce the declaration and maintain the common area improvements within the community. The association's role is essential in ensuring the community adheres to its guidelines and preserves its aesthetic and functional value.

Who is the CEO of Champion Lakes Estates?

Mark Schielack is the President of Champion Lakes Estates.

What is the revenue of Champion Lakes Estates?

Champion Lakes Estates's revenue in 2021 was $213,137.

Who are the executives of Champion Lakes Estates and what are their salaries?


Here are 3 key members and their salaries:


Darryl King (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Curtis Franklin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Schielack (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Champion Lakes Estates?

Champion Lakes Estates's most recent form 990 was submitted in 2021 and can be accessed here.

Mission Statement of Champion Lakes Estates

Champion Lakes Estates, as a community association, was established with the primary purpose of enforcing the Declaration of Covenants, Conditions, and Restrictions within the subdivision. This organization is instrumental in collecting annual assessments, which are utilized to fund the necessary operational expenditures necessary for the enforcement of these declarations and the maintenance of common area improvements within the community. In simpler terms, Champion Lakes Estates serves to uphold the rules and regulations set forth in the Declaration, while ensuring the well-being and upkeep of the shared facilities within the community through the collection and allocation of annual fees.

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Impact




October, 2024

Champion Lakes Estates significantly enhances the quality of life within its community by effectively managing and upholding the Declaration of Covenants, Conditions, and Restrictions that govern the subdivision. Through the collection of annual assessments, the association ensures that essential operating expenditures are funded, which is crucial for maintaining and improving common area facilities. This structured approach to community governance not only fosters a sense of belonging among residents but also promotes property values by ensuring that the neighborhood remains attractive and well-maintained. By enforcing community standards and maintaining shared spaces, Champion Lakes Estates plays a vital role in creating a safe and pleasant environment for all its residents.




This information is meant to be a general summary of Champion Lakes Estates. 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
$213,137 (2021)
Expenses
$254,554 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Investment Income: $76
  • Gross Receipts: $213,137

Assets and Liabilities:

  • Total Assets: $974,499
  • Total Liabilities: $2,357
  • Net Assets: $972,142

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Organization Details

Founding Year

2001

Principal Officer

Mark Schielack

Main Address

11703 BEXHILL DR, HOUSTON, TX, 77065

NTEE Category

Code: Z99 - Unknown

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