Overview
What is Lake Wildwood Association?
Lake Wildwood Association is a prominent California-based community association, encompassing 2,845 lots. This nonprofit organization is primarily responsible for maintaining, repairing, and replacing common area property within its vicinity. One of its significant contributions is providing a variety of recreational facilities, chief amongst them being a vast lake and an 18-hole golf course. These facilities are not only for the association's members but also extend an invitation to the surrounding community. The Lake Wildwood Association employs a dedicated workforce of 154 individuals to ensure the smooth functioning of its operations.
Official website here: www.lakewildwood.net
Is Lake Wildwood Association legitimate?
Lake Wildwood Association is a legitimate nonprofit organization registered as a 501(c)(4) entity. Lake Wildwood 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: $597,046
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,223,067
For more financial information, click here
Official website here: www.lakewildwood.net
What is the mission statement of Lake Wildwood Association?
The Lake Wildwood Association, being a community association in California, is primarily focused on maintaining, repairing, and replacing common area property. Beyond this, the organization extends its services to provide recreational facilities, primarily a lake and an 18-hole golf course, not only for its members but also for the surrounding community. The association's purpose is to ensure these facilities remain in good condition and are accessible to all, thereby contributing to the overall enjoyment and well-being of the community.
Official website here: www.lakewildwood.net
Who is the CEO of Lake Wildwood Association?
Randy Smith is the General Manager of Lake Wildwood Association.
Official website here: www.lakewildwood.net
What is the revenue of Lake Wildwood Association?
Lake Wildwood Association's revenue in 2023 was $9,899,244.
Official website here: www.lakewildwood.net
Who are the executives of Lake Wildwood Association and what are their salaries?
The average compensation at Lake Wildwood Association during 2023 was $31,299. There are 154 employees and 125 volunteers at Lake Wildwood Association.
Here are 11 key members and their salaries:
- Compensation: $177,047
- Related: $0
- Other: $16,332
- Compensation: $134,325
- Related: $0
- Other: $18,320
- Compensation: $131,081
- Related: $0
- Other: $2,555
- Compensation: $96,020
- Related: $0
- Other: $21,366
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.lakewildwood.net
Where can I find the form 990 for Lake Wildwood Association?
Lake Wildwood Association's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.lakewildwood.net
Learn more at the official website: www.lakewildwood.net
Mission Statement of Lake Wildwood Association
Lake Wildwood Association, as a 2,845-lot California community association, is dedicated to maintaining, repairing, and replacing common area property. Its primary role is to provide recreational facilities for its members, primarily focusing on a lake and an 18-hole golf course. This organization extends its services beyond its membership, offering these facilities to the surrounding area as well. By doing so, Lake Wildwood Association enhances the community's quality of life and fosters a sense of camaraderie and shared enjoyment among its members and the local community.
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Impact
October, 2024
Lake Wildwood Association plays a significant role in enhancing the quality of life for its members and the broader community in Penn Valley, California. With a focus on maintaining, repairing, and replacing common area properties, the association ensures that the 2,845 lot community remains well-kept and inviting.
The recreational facilities, particularly the lake and the 18-hole golf course, foster a sense of community among residents and provide outdoor activities that promote health and well-being. These amenities not only serve the members but also attract visitors from the surrounding areas, contributing to local engagement and economic activity.
Furthermore, Lake Wildwood Association supports community improvement initiatives, which help to enhance the overall aesthetics and functionality of the area. This commitment to maintaining a vibrant and appealing environment contributes positively to the real estate value and community pride in Penn Valley. Through its efforts, the association nurtures a strong sense of belonging and community cohesion among its residents.
This information is meant to be a general summary of Lake Wildwood 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $38,156
- Program Service Revenue: $4,016,130
- Gross Receipts: $9,899,244
Assets and Liabilities:
- Total Assets: $30,123,049
- Total Liabilities: $13,642,060
- Net Assets: $16,480,989
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Boat fees
Revenue
$281,091
Clubhouse income
Revenue
$1,164,647
Golf income
Revenue
$1,330,057
Late charges and other
Revenue
$248,643
Special assessments
Revenue
$336,228
Organization Details
Founding Year
1968
Phone
(530) 432-1152Principal Officer
Randy Smith
Main Address
11255 Cottontail Way, Penn Valley, CA, 95946
Website
www.lakewildwood.netNTEE Category
Code: S20 - Community improvement
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