Overview
What is Lakes Of Fairhaven Homeowners?
Lakes of Fairhaven Homeowners is a nonprofit organization situated in Katy, Texas. Their primary role is to oversee and maintain common areas within the community, such as parks, entrances, and esplanades. They are responsible for providing essential services like street lighting, lake and irrigation water, and insurance coverage. The organization's main objective is to prioritize the safety and well-being of its residents, visitors, and the entire community by carrying out their mission. This involves performing necessary services, maintaining common areas, and enforcing covenants in a specific geographic area to ensure the community's overall welfare.
Is Lakes Of Fairhaven Homeowners legitimate?
Lakes Of Fairhaven Homeowners is a legitimate nonprofit organization registered as a 501(c)(4) entity. Lakes Of Fairhaven Homeowners 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
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What is the mission statement of Lakes Of Fairhaven Homeowners?
The Lakes of Fairhaven Homeowners Association was established with the purpose of providing services, maintaining common areas, and overseeing community improvements. Their mission is to ensure the safety and well-being of the residents by enforcing the covenants in the master planned community's declaration. They manage various common areas, including parks, entrances, and esplanades. Additionally, they provide essential services such as street lighting, lake and irrigation water, and insurance coverage for the safety of the residents, visitors, and the entire community.
What is the revenue of Lakes Of Fairhaven Homeowners?
Lakes Of Fairhaven Homeowners's revenue in 2023 was $735,955.
Who are the executives of Lakes Of Fairhaven Homeowners and what are their salaries?
There 3 volunteers at Lakes Of Fairhaven Homeowners.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Lakes Of Fairhaven Homeowners?
Lakes Of Fairhaven Homeowners's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Lakes Of Fairhaven Homeowners
Lakes of Fairhaven Homeowners, as an organization, was established with a mission to serve and protect its residential community. Their primary objective is to maintain various common areas, such as parks, entrances, and esplanades, within the master-planned community they oversee. Additionally, they undertake community improvements and enforce covenants outlined in the declaration of the community. This vigilant enforcement is aimed at ensuring the safety and welfare of all residents, visitors, and the community at large. To achieve this, the Association provides essential services, such as supplying street lights, lake and irrigation water, and insurance, all geared towards safeguarding the well-being of the community members.
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Impact
October, 2024
Lakes of Fairhaven Homeowners Association plays a vital role in enhancing the quality of life for residents in the Katy, TX community. By maintaining common areas such as parks, entrances, and esplanades, the Association ensures that these spaces remain inviting and well-kept, fostering a sense of pride among residents. The provision of essential services, including street lighting and irrigation for lakes, contributes to the overall safety and aesthetic appeal of the neighborhood.
Moreover, the enforcement of covenants within the master-planned community helps maintain property values and ensures that the community adheres to standards that protect everyone’s interests. Through these collective efforts, the Lakes of Fairhaven Association cultivates a safe, vibrant, and thriving environment for residents and visitors alike, ultimately enhancing the welfare of the entire community.
This information is meant to be a general summary of Lakes Of Fairhaven Homeowners. 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 2023.
- Investment Income: $16,895
- Program Service Revenue: $693,885
- Gross Receipts: $735,955
Assets and Liabilities:
- Total Assets: $958,752
- Total Liabilities: $340,565
- Net Assets: $618,187
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Assessments
Revenue
$693,885
Organization Details
Founding Year
2011
Principal Officer
Piers Cooper
NTEE Category
Code: L50 - Housing
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