Overview
What is Lakeside Improvement Association?
Lakeside Improvement Association is a nonprofit organization situated in the Lakeside estate and Lakeside forest subdivisions. Its primary function is to collect an annual maintenance fee from the owners of residential building lots. The funds collected are utilized to enhance the general well-being of all lot owners by providing essential services such as maintenance, security, and recreational facilities. By doing so, the Association ensures a comfortable and secure living environment for its members.
Official website here: www.lakeside-improvement.org
Is Lakeside Improvement Association legitimate?
Lakeside Improvement Association is a legitimate nonprofit organization registered as a 501(c)(4) entity. Lakeside Improvement Association 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:
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Official website here: www.lakeside-improvement.org
What is the mission statement of Lakeside Improvement Association?
The Lakeside Improvement Association's mission is centered around providing maintenance, security, and recreational facilities for the owners of residential building lots. It achieves this by collecting an annual maintenance charge from the lot owners in the Lakeside Estate and Lakeside Forest Subdivisions. The funds collected are utilized for the general benefit of all lot owners, ensuring a harmonious and well-maintained community environment. The association plays a crucial role in enhancing the quality of life for its members by providing essential services, fostering a sense of community, and ensuring the general well-being of the residential area.
Official website here: www.lakeside-improvement.org
What is the revenue of Lakeside Improvement Association?
Lakeside Improvement Association's revenue in 2024 was $528,896.
Official website here: www.lakeside-improvement.org
Who are the executives of Lakeside Improvement Association and what are their salaries?
Here are 8 key members and their salaries:
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Official website here: www.lakeside-improvement.org
Where can I find the form 990 for Lakeside Improvement Association?
Lakeside Improvement Association's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.lakeside-improvement.org
Learn more at the official website: www.lakeside-improvement.org
Mission Statement of Lakeside Improvement Association
The Lakeside Improvement Association, in its mission, assesses and collects an annual maintenance charge from the owners of residential building lots in the Lakeside Estate and Lakeside Forest Subdivisions. Utilizing these collected fees, the association works towards providing benefits that cater to the needs of all lot owners. In essence, the Lakeside Improvement Association is dedicated to ensuring the upkeep, security, and provision of recreational facilities for the proprietors of residential building lots.
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Impact
October, 2024
Lakeside Improvement Association plays a significant role in enhancing the community experience for residents of the Lakeside Estate and Lakeside Forest subdivisions. By assessing and collecting an annual maintenance charge from property owners, the association ensures that necessary services and facilities are maintained.
The impact of this initiative is multifaceted. Firstly, the collected fees directly fund maintenance efforts, which include the upkeep of communal areas, enhancing the aesthetic appeal and functionality of the neighborhoods. This maintenance not only improves property values but also fosters a sense of pride and ownership among residents.
Secondly, the association prioritizes security, contributing to a safer living environment. By investing in security measures, residents are likely to feel more at ease, knowing there are systems in place to protect their homes and families.
Additionally, Lakeside Improvement Association creates recreational opportunities for residents, promoting a vibrant community life. These facilities encourage social interactions and community gatherings, strengthening relationships among neighbors and enriching the overall quality of life.
Through its dedicated efforts, Lakeside Improvement Association serves as a vital entity in ensuring that residents enjoy a well-maintained, secure, and engaging environment, ultimately benefiting the entire community.
This information is meant to be a general summary of Lakeside Improvement Association. 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 2024.
- Investment Income: $80
- Program Service Revenue: $488,433
- Gross Receipts: $528,896
Assets and Liabilities:
- Total Assets: $655,712
- Total Liabilities: $17,808
- Net Assets: $637,904
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Homeowner Association fees
Revenue
$488,433
Organization Details
Founding Year
1969
Principal Officer
Anne Vachon
Website
www.lakeside-improvement.orgNTEE Category
Code: L50 - Housing
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