Overview
What is Ladera Oaks?
Ladera Oaks is a nonprofit organization, classified as a mutual benefit social club, registered under IRC section 501(c)(7). Its primary purpose is to offer pleasure and recreational activities for its members. The club is dedicated to this single objective and ensures all its programs align with this mission. Ladera Oaks operates within the boundaries of providing enjoyment and leisure to its members, fostering a sense of community and camaraderie.
Official website here: www.laderaoaks.com
Is Ladera Oaks legitimate?
Ladera Oaks is a legitimate nonprofit organization registered as a 501(c)(7) entity. Ladera Oaks 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: $458,605
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,333,119
For more financial information, click here
Official website here: www.laderaoaks.com
What is the mission statement of Ladera Oaks?
Ladera Oaks serves as a mutual benefit social club, registered under IRC section 501(c)(7). Its primary objective is to offer pleasurable and recreational activities for its members. All its programs are tailored to achieve this singular purpose of member satisfaction and enjoyment. The organization operates with the aim of promoting camaraderie and leisure among its members. It is crucial to note that Ladera Oaks is exempt from certain tax liabilities due to its status as a mutual benefit social club.
Official website here: www.laderaoaks.com
What is the revenue of Ladera Oaks?
Ladera Oaks's revenue in 2023 was $4,687,578.
Official website here: www.laderaoaks.com
Who are the executives of Ladera Oaks and what are their salaries?
The average compensation at Ladera Oaks during 2023 was $8,914. There are 201 employees and 10 volunteers at Ladera Oaks.
Here are 12 key members and their salaries:
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- Compensation: $246,000
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- Other: $39,761
- Compensation: $152,418
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- Other: $20,426
- Compensation: $142,185
- Related: $0
- Other: $24,078
Official website here: www.laderaoaks.com
Where can I find the form 990 for Ladera Oaks?
Ladera Oaks's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.laderaoaks.com
Learn more at the official website: www.laderaoaks.com
Mission Statement of Ladera Oaks
Ladera Oaks, a mutual benefit social club, is registered under IRC section 501(c)(7), serves as a platform for its members to find pleasure and engage in recreational activities. The organization's primary objective is centered around the enjoyment of its members, ensuring all programs are aligned with this single purpose. By fostering a sense of camaraderie and leisure, Ladera Oaks contributes to the overall well-being and satisfaction of its members.
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Impact
October, 2024
Ladera Oaks significantly enriches community life by creating an inclusive environment for pleasure and recreation among its members. By focusing on leisure activities, it fosters social connections and nurtures friendships, ultimately enhancing the well-being of individuals within the Portola Valley community. The club's diverse offerings encourage members to engage in various recreational pursuits, promoting a healthy and active lifestyle. This sense of camaraderie and shared enjoyment contributes to a supportive community atmosphere, where individuals can find relaxation and joy in a welcoming space.
This information is meant to be a general summary of Ladera Oaks. 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 2023.
- Investment Income: $61,828
- Program Service Revenue: $4,603,842
- Gross Receipts: $5,897,832
Assets and Liabilities:
- Total Assets: $10,866,304
- Total Liabilities: $1,196,965
- Net Assets: $9,669,339
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES AND ASSESSMENTS
Revenue
$2,079,691
DEPARTMENT & SPORTS REVENUE
Revenue
$1,344,453
MEMBERSHIP TRANSFER FEE
Revenue
$810,988
ASSOCIATE JOINING FEE
Revenue
$247,083
CLUBHOUSE AND LOCKER ROOM REVENUE
Revenue
$121,627
Organization Details
Founding Year
1958
Principal Officer
Katie Elgaaen
Website
www.laderaoaks.comNTEE Category
Code: N50 - Recreation
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