Tahoe Keys Property Owners' Association

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

EIN: 941662486 ✦ South lake tahoe, CA ✦ Designated as a 501(c)(4)

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Overview

What is Tahoe Keys Property Owners' Association?

Tahoe Keys Property Owners' Association is a nonprofit organization situated in South Lake Tahoe, California. With a team of 71 employees, their primary mission is to preserve and enhance the common areas within their community. This includes maintaining and replacing landscaping, protecting natural open spaces, and safeguarding fish and game habitats. Furthermore, they provide a potential water source for the benefit of their members and the surrounding community. Their responsibilities extend to the upkeep, repair, and replacement of common property, ensuring the well-being and satisfaction of those affiliated with the association.

Is Tahoe Keys Property Owners' Association legitimate?

Tahoe Keys Property Owners' Association is a legitimate nonprofit organization registered as a 501(c)(4) entity. Tahoe Keys Property Owners' Association 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: $290,028
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,621,638

For more financial information, click here

What is the mission statement of Tahoe Keys Property Owners' Association?

The Tahoe Keys Property Owners' Association is responsible for maintaining, repairing, and replacing common area property. This includes tending to the landscaping, preserving natural open spaces, and safeguarding fish and game habitats. Furthermore, the association provides potential water sources for the benefit of its members and the surrounding community. Essentially, their mission is to ensure the upkeep and improvement of shared areas within the community.

Who is the CEO of Tahoe Keys Property Owners' Association?

Mark Madison is the President of Tahoe Keys Property Owners' Association.

What is the revenue of Tahoe Keys Property Owners' Association?

Tahoe Keys Property Owners' Association's revenue in 2022 was $10,611,375.

Who are the executives of Tahoe Keys Property Owners' Association and what are their salaries?

The average compensation at Tahoe Keys Property Owners' Association during 2022 was $26,925. There are 71 employees and 28 volunteers at Tahoe Keys Property Owners' Association.


Here are 9 key members and their salaries:


Dave Peterson (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Grant (Vice-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michelle Pandori (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Siegfried (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sabine Litten (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joby Cefalu (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pete Wolcott (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kirk Wooldridge Through 92023 (General Manager)
  • Compensation: $165,178
  • Related: $0
  • Other: $0
Mark Madison (General Manager)
  • Compensation: $124,850
  • Related: $0
  • Other: $0
Where can I find the form 990 for Tahoe Keys Property Owners' Association?

Tahoe Keys Property Owners' Association's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Tahoe Keys Property Owners' Association

Tahoe Keys Property Owners' Association, in its mission, is primarily responsible for maintaining, repairing, and replacing common area properties. This role extends beyond just the association members, also benefiting the surrounding community. The association actively works on preserving common area landscaping, natural open spaces, and habitats for fish and game. Moreover, Tahoe Keys Property Owners' Association ensures the availability of potential water resources, all of which contribute to enhancing the overall living experience for its members.

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Impact




October, 2024

Tahoe Keys Property Owners' Association plays a crucial role in enhancing the quality of life for residents in South Lake Tahoe. By maintaining, repairing, and replacing common area properties, the Association ensures that shared spaces are inviting and well-preserved, fostering a sense of community among homeowners.

The Association's efforts extend to landscaping, the upkeep of natural open spaces, and the restoration of fish and game habitats, which supports local biodiversity and enhances the area's natural beauty. Additionally, the provision of potable water is vital for both residents and the surrounding environment, underlining the Association’s commitment to sustainability and public health. Overall, the Tahoe Keys Property Owners' Association positively influences the community by promoting environmental stewardship, enhancing property values, and creating a cohesive living environment for its members and visitors.




This information is meant to be a general summary of Tahoe Keys Property Owners' Association. 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
$10,611,375 (2022)
Expenses
$7,464,354 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $26,629
  • Program Service Revenue: $10,005,064
  • Gross Receipts: $10,611,375

Assets and Liabilities:

  • Total Assets: $14,856,247
  • Total Liabilities: $1,683,773
  • Net Assets: $13,172,474

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

MEMBERSHIP DUES/ASSESSMENTS

Revenue

$9,980,239

RECREATION INCOME

Revenue

$21,765

ACCESS CARD INCOME

Revenue

$2,060

VACATION RENTAL FEES

Revenue

$1,000

Organization Details

Founding Year

1963

Principal Officer

Mark Madison

Main Address

356 ALA WAI BOULEVARD, SOUTH LAKE TAHOE, CA, 96150

NTEE Category

Code: L50 - Housing

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