Springlake Association Inc

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

EIN: 752576102 ✦ Dallas, TX ✦ Designated as a 501(c)(2)

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Overview

What is Springlake Association Inc?

Springlake Association Inc is a 501(c)(8) nonprofit organization, specifically tasked with managing and holding the organization's fixed assets. Their primary role is to maintain and oversee the tangible properties belonging to a tax-exempt organization of this type. This involves ensuring the proper title and management of these assets, thereby upholding the organization's financial and physical well-being.

Is Springlake Association Inc legitimate?

Springlake Association Inc is a legitimate nonprofit organization registered as a 501(c)(2) entity. Springlake 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: $53,478

For more financial information, click here

What is the mission statement of Springlake Association Inc?

Springlake Association Inc's primary role is to oversee and manage the fixed assets of a 501(c)(8) tax-exempt organization. In essence, they serve as the custodians of the physical assets belonging to this non-profit organization, ensuring their proper maintenance and utilization. This organization's mission is centered around managing and preserving the tangible assets of its affiliated 501(c)(8) non-profit, ensuring their effective use in furthering the organization's objectives.

Who is the CEO of Springlake Association Inc?

John Catchings is the President of Springlake Association Inc.

What is the revenue of Springlake Association Inc?

Springlake Association Inc's revenue in 2022 was $241,129.

Who are the executives of Springlake Association Inc and what are their salaries?

The average compensation at Springlake Association Inc during 2022 was $7,640. There are 7 employees and 265 volunteers at Springlake Association Inc.


Here are 4 key members and their salaries:


John Catchings (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Verdiguel (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Yahoudy (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Woster (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Springlake Association Inc?

Springlake Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Springlake Association Inc

Springlake Association Inc is dedicated to the task of managing and preserving the fixed assets of a 501(c)(8) tax-exempt organization. This mission involves holding the title to these assets and overseeing their management effectively. The organization's role is crucial in ensuring the long-term sustainability and proper use of these assets for the benefit of the 501(c)(8) non-profit organization it serves. By managing the fixed assets, Springlake Association Inc contributes to the organization's financial stability and overall success. This role is vital in upholding the organization's objectives and ensuring its continued operation in the service of its intended purpose.

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Impact




October, 2024

Springlake Association Inc has a significant impact on community improvement by effectively managing and holding the fixed assets of a tax-exempt organization. By overseeing these resources, it ensures that the organization can operate efficiently and focus on its core mission. This stewardship enhances the organization's ability to serve the community in Dallas, TX, fostering an environment that supports local initiatives and improvements. The association's commitment to asset management enables it to contribute positively to the community's development and well-being, promoting sustainability and responsible use of resources for public benefit.




This information is meant to be a general summary of Springlake 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.

Revenue
$241,129 (2022)
Expenses
$240,667 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $553
  • Gross Receipts: $335,409

Assets and Liabilities:

  • Total Assets: $586,304
  • Total Liabilities: $11,649
  • Net Assets: $574,655

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Organization Details

Founding Year

1985

Principal Officer

John Catchings

Main Address

2280 SPRINGLAKE RD, DALLAS, TX, 752345830

NTEE Category

Code: S47 - Community improvement

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