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Lake Thunderbird Owners Assoc

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

EIN: 751328277 ✦ Smithville, TX ✦ Designated as a 501(c)(7)

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Overview

What is Lake Thunderbird Owners Assoc?

Lake Thunderbird Owners Association is a nonprofit organization that plays a crucial role in maintaining the common areas of a neighborhood. This includes the Community Center, two lakes, two dams, and properties under its management. The association also provides essential services, such as lighting for the neighborhood's streets. The primary function of the association is to allocate funds for the upkeep and repairs of these facilities. Although the information provided is incomplete, it suggests that the expenses incurred by the association extend beyond the mentioned aspects. In essence, the Lake Thunderbird Owners Association is dedicated to ensuring the well-being and proper maintenance of the community's shared spaces.


Official website here: www.ltoa.net

Is Lake Thunderbird Owners Assoc legitimate?

Lake Thunderbird Owners Assoc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Lake Thunderbird Owners Assoc 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.ltoa.net

What is the mission statement of Lake Thunderbird Owners Assoc?

The Lake Thunderbird Owners Association is responsible for maintaining various common areas, including the Community Center, two lakes, two dams, and properties under its management. Its primary mission involves ensuring the upkeep and repair of these facilities, including the Community Center, street lights, and common areas. The association also provides lighting for the neighborhood's streets. Funds are allocated for these maintenance tasks. However, the information provided does not specify the Association's objectives beyond these practical responsibilities.


Official website here: www.ltoa.net

What is the revenue of Lake Thunderbird Owners Assoc?

Lake Thunderbird Owners Assoc's revenue in 2024 was $51,920.


Official website here: www.ltoa.net

Who are the executives of Lake Thunderbird Owners Assoc and what are their salaries?

Here are 4 key members and their salaries:


Joseph Lander (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Avery (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Dantonio (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lea Cundy (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.ltoa.net

Where can I find the form 990EZ for Lake Thunderbird Owners Assoc?

Lake Thunderbird Owners Assoc's most recent form 990EZ was submitted in 2024 and can be accessed here.


Official website here: www.ltoa.net

Learn more at the official website: www.ltoa.net

Mission Statement of Lake Thunderbird Owners Assoc

Lake Thunderbird Owners Association, in its mission, is responsible for maintaining various common areas within its jurisdiction. This includes managing the Community Center, two lakes, two dams, and properties that the association holds. Furthermore, the association ensures the safety and accessibility of the neighborhood by providing adequate street lighting. Funds collected are primarily utilized for the maintenance and repair of these facilities, ensuring they remain in good condition for the benefit of the community. While the information provided was incomplete, it can be inferred that the Lake Thunderbird Owners Association plays a crucial role in preserving and enhancing the shared spaces of its members, ensuring a comfortable and secure living environment.

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Impact




October, 2024

The Lake Thunderbird Owners Association plays a vital role in enhancing the quality of life for residents in Smithville, Texas. By maintaining common areas such as the Community Center, two lakes, two dams, and neighborhood entry points, they foster a strong sense of community and promote outdoor recreational opportunities. The provision of street lighting ensures safety and accessibility, contributing to a welcoming environment for families and visitors alike.

Funds collected by the Association are strategically allocated for the maintenance and repair of essential infrastructure, including the Community Center and common areas. This investment not only preserves the aesthetic appeal of the neighborhood but also supports local gatherings and activities that strengthen community ties. Ultimately, their efforts create a vibrant and well-maintained living environment that enhances property values and fosters a sense of pride among residents.




This information is meant to be a general summary of Lake Thunderbird Owners Assoc. 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
$51,920 (2024)
Expenses
$54,613 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $3,052
  • Gross Receipts: $51,920

Assets and Liabilities:

  • Total Assets: $241,567
  • Total Liabilities: $0
  • Net Assets: $241,567

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Organization Details

Principal Officer

Joseph Lander

NTEE Category

Code: L50 - Housing

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