Overview
What is Lakes Master Association Inc?
Lakes Master Association Inc, based in Corpus Christi, Texas, is a homeowners association that manages and maintains the common and recreational areas of the Lakes Subdivision. Serving a community of 452 homeowners within the subdivision and the local area, this nonprofit organization plays a significant role in ensuring the well-being of its residents. The association's mission involves managing the shared spaces and facilities, contributing to a harmonious living environment for its members.
Official website here: www,thelakescctx.com
Is Lakes Master Association Inc legitimate?
Lakes Master Association Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Lakes Master Association Inc 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: $70,986
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Official website here: www,thelakescctx.com
What is the mission statement of Lakes Master Association Inc?
The Lakes Master Association Inc serves as a homeowners association, catering to a community of 452 homeowners and extending its services to the local area. Its primary mission is to manage and maintain the common and recreational areas within the Lakes subdivision. This organization aims to contribute positively to the lives of the homeowners by ensuring the subdivision remains well-maintained and provides enjoyable shared spaces. The association also plays a role in fostering a sense of community within its member households.
Official website here: www,thelakescctx.com
Who is the CEO of Lakes Master Association Inc?
Arnold Gonzalez is the Director of Lakes Master Association Inc.
Official website here: www,thelakescctx.com
What is the revenue of Lakes Master Association Inc?
Lakes Master Association Inc's revenue in 2022 was $211,013.
Official website here: www,thelakescctx.com
Who are the executives of Lakes Master Association Inc and what are their salaries?
Here are 5 key members and their salaries:
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Official website here: www,thelakescctx.com
Where can I find the form 990 for Lakes Master Association Inc?
Lakes Master Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www,thelakescctx.com
Learn more at the official website: www,thelakescctx.com
Mission Statement of Lakes Master Association Inc
Lakes Master Association Inc, serving as a homeowners association, is committed to serving the needs of 452 homeowners within the local community. Their mission revolves around maintaining and managing the common and recreational areas within the Lakes subdivision, ensuring the well-being and satisfaction of its residents. By doing so, Lakes Master Association Inc contributes to the overall appeal and functionality of the subdivision, thereby enriching the living experience of its homeowners.
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Impact
October, 2024
Lakes Master Association Inc plays a vital role in enhancing the quality of life for the 452 homeowners within its jurisdiction and the broader local community in Corpus Christi, TX. Responsible for the maintenance and management of common and recreational areas in the Lakes Subdivision, the association ensures that these shared spaces are well-kept, safe, and inviting for residents and visitors alike.
Through its efforts, Lakes Master Association fosters a sense of community and belonging among homeowners, encouraging neighborly interactions and collective responsibility. By preserving the aesthetic appeal of the neighborhood and providing recreational opportunities, it contributes not only to the enjoyment of residents but also to the overall property values within the subdivision.
In addition, the association's commitment to managing common areas promotes a cohesive community identity, allowing residents to enjoy amenities and activities that bolster community engagement. Overall, Lakes Master Association Inc significantly impacts the local neighborhood by creating a well-maintained living environment that enhances both the social and economic aspects of the community.
This information is meant to be a general summary of Lakes Master Association Inc. 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: $1,609
- Program Service Revenue: $209,404
- Gross Receipts: $211,013
Assets and Liabilities:
- Total Assets: $154,332
- Total Liabilities: $188
- Net Assets: $154,144
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP ASSESSMENTS
Revenue
$171,656
OTHER INCOME FROM MEMB
Revenue
$24,424
INSURANCE PROCEEDS
Revenue
$12,793
MISC INCOME
Revenue
$531
Organization Details
Founding Year
1984
Phone
(361) 850-7290Principal Officer
Arnold Gonzalez
Main Address
7502 VENICE, CORPUS CHRISTI, TX, 78413
Website
www,thelakescctx.comNTEE Category
Code: L50 - Housing
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