Overview
What is Lake Bonanza Property Owners Associ?
Lake Bonanza Property Owners Association is a nonprofit organization dedicated to enhancing the well-being of its neighborhood community. They have demonstrated significant achievements by maintaining and improving various amenities, such as community grounds, airports, parks, stables, golf courses, clubhouses, and swimming pools. Through their efforts, they provide tangible benefits to property owners, ensuring a comfortable and well-maintained environment.
Official website here: www.lakebonanzapoa.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: Not Available
The Lake Bonanza Property Owners Association has received mixed feedback from users, primarily leaning towards dissatisfaction. Reviews highlight significant issues with the current board, including allegations of unethical practices in elections and management. Users have expressed concerns about property sales occurring at below market value and a perceived lack of moral integrity among the board members.
Some reviewers indicate a change in leadership might have improved the situation, noting a more considerate approach from the new board in terms of working with members on dues and fostering community involvement. However, the overall sentiment remains negative, particularly regarding the amenities offered and the value received for membership fees.
The feedback suggests a division within the community regarding the effectiveness of the association and its leadership. While some members appreciate recent attempts to improve services, the overwhelming criticism reflects deep-rooted issues that need to be addressed for a more positive experience among property owners.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Lake Bonanza Property Owners Associ legitimate?
Lake Bonanza Property Owners Associ is a legitimate nonprofit organization registered as a 501(c)(4) entity. Lake Bonanza Property Owners Associ submitted a form 990EZ, 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
Official website here: www.lakebonanzapoa.com
What is the mission statement of Lake Bonanza Property Owners Associ?
The Lake Bonanza Property Owners Association focuses on promoting the well-being of its neighborhood community. They have made significant strides in achieving this by offering various benefits to the property owners. These benefits include the upkeep and maintenance of communal facilities such as parks, airports, stables, a golf course, clubhouse, and a swimming pool. Their activities are geared towards enhancing the overall living experience of the community members.
Official website here: www.lakebonanzapoa.com
What is the revenue of Lake Bonanza Property Owners Associ?
Lake Bonanza Property Owners Associ's revenue in 2023 was $171,788.
Official website here: www.lakebonanzapoa.com
Who are the executives of Lake Bonanza Property Owners Associ and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Official website here: www.lakebonanzapoa.com
Where can I find the form 990EZ for Lake Bonanza Property Owners Associ?
Lake Bonanza Property Owners Associ's most recent form 990EZ was submitted in 2023 and can be accessed here.
Official website here: www.lakebonanzapoa.com
Learn more at the official website: www.lakebonanzapoa.com
Mission Statement of Lake Bonanza Property Owners Associ
Lake Bonanza Property Owners Association, in its mission, works towards the collective betterment of its neighborhood community. The association has made significant strides in this regard, contributing to the well-being of its members by maintaining and upkeeping various communal facilities. These include parks, community grounds, airports, stables, a golf course, a clubhouse, and a swimming pool. By ensuring these amenities are in good condition, the association provides tangible benefits to its property owners.
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Impact
October, 2024
Lake Bonanza Property Owners Association significantly enhances the community by focusing on the common good and fostering a sense of belonging among residents. Its efforts are reflected in the upkeep and maintenance of essential community facilities, including parks, stables, a golf course, a clubhouse, and a swimming pool. The association also oversees the management of community grounds and airports, ensuring a well-maintained environment that benefits all property owners. Through these initiatives, it promotes quality of life, encourages recreational activities, and supports neighborhood cohesion, ultimately contributing to the overall appeal and value of the Lake Bonanza community in Montgomery, TX.
This information is meant to be a general summary of Lake Bonanza Property Owners Associ. 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.
- Gross Receipts: $181,334
Assets and Liabilities:
- Total Assets: $132,807
- Total Liabilities: $12,268
- Net Assets: $120,539
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Organization Details
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