Overview
What is Sinaloa Lake Owners Association Inc?
Sinaloa Lake Owners Association Inc is a nonprofit organization situated in Camarillo, California. Established with the purpose of serving 45 neighboring homeowner families, its primary mission is to maintain a recreational lake for their exclusive enjoyment. This community-focused organization dedicates its resources towards the upkeep and upgrading of this shared facility, thereby enriching the lives of its members.
Is Sinaloa Lake Owners Association Inc legitimate?
Sinaloa Lake Owners Association Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Sinaloa Lake Owners 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: $0
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What is the mission statement of Sinaloa Lake Owners Association Inc?
The Sinaloa Lake Owners Association Inc's mission is centered around maintaining a recreational lake, providing an exclusive space for the enjoyment of nearby homeowners. This association serves approximately 45 families, ensuring their benefit from this recreational facility. The organization's primary objective is to preserve and manage the lake, ensuring it remains a source of leisure and relaxation for its members. The Association's activities aim to maintain the lake's cleanliness, safety, and overall appeal, fostering a sense of community among its members.
Who is the CEO of Sinaloa Lake Owners Association Inc?
Matthew Bancroft is the President of Sinaloa Lake Owners Association Inc.
What is the revenue of Sinaloa Lake Owners Association Inc?
Sinaloa Lake Owners Association Inc's revenue in 2022 was $101,724.
Who are the executives of Sinaloa Lake Owners Association Inc and what are their salaries?
There 7 volunteers at Sinaloa Lake Owners Association Inc.
Here are 7 key members and their salaries:
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Where can I find the form 990 for Sinaloa Lake Owners Association Inc?
Sinaloa Lake Owners Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Sinaloa Lake Owners Association Inc
Sinaloa Lake Owners Association Inc, a nonprofit organization, is dedicated to maintaining a recreational lake exclusively for the benefit of adjacent homeowners. With a membership of 45 families, this association plays a significant role in ensuring the lake remains a source of enjoyment and relaxation. The organization's mission is focused on preserving and enhancing the lake's condition, providing a serene and enjoyable environment for its members. By doing so, Sinaloa Lake Owners Association Inc contributes to the quality of life for the families living near the lake, offering them a shared space for leisure and recreation.
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Impact
October, 2024
Sinaloa Lake Owners Association Inc plays a vital role in enhancing the quality of life for 45 families in Camarillo, CA. By maintaining a recreational lake exclusively for the use of adjacent homeowners, the association provides a serene and picturesque environment that promotes outdoor activities and community engagement. The lake serves as a natural retreat, offering residents a place for fishing, picnicking, and relaxation, fostering a strong sense of community among neighbors. Through its maintenance efforts, the association ensures that the lake remains a safe and enjoyable space, contributing to the overall wellbeing and recreational opportunities for its members.
This information is meant to be a general summary of Sinaloa Lake Owners 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: $67
- Program Service Revenue: $96,107
- Gross Receipts: $101,724
Assets and Liabilities:
- Total Assets: $2,694,561
- Total Liabilities: $109,623
- Net Assets: $2,584,938
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONTRIBUTION
Revenue
$1,000
MEMBERSHIP DUES
Revenue
$78,353
MEMBERSHIP FEES
Revenue
$16,754
Organization Details
Founding Year
1961
Phone
(818) 436-0774Principal Officer
Matthew Bancroft
Main Address
751 E DAILY DR 300, CAMARILLO, CA, 93010
NTEE Category
Code: N32 - Recreation
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