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Fallen Leaf Lake Homeowners Association

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

EIN: 941732513 ✦ South lake tahoe, CA ✦ Designated as a 501(c)(3)

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Overview

What is Fallen Leaf Lake Homeowners Association?

The Fallen Leaf Lake Homeowners Association, based in South Lake Tahoe, California, is a nonprofit organization that prioritizes the security of its East side properties during the off-season winter period. To ensure safety, they have hired and oversee an off-season winter security patrolman to carry out patrols in the specified area. Their mission is to utilize their best efforts in managing this role, contributing to a secure environment for their community members.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 73%, Two-Star out of Four Stars

Fallen Leaf Lake Homeowners Association has received a Two-Star rating from Charity Navigator, indicating a moderate level of accountability and financial transparency. The rating reflects a strong emphasis on financial health, as evidenced by the organization's impressive program expense ratio of 94.08%, demonstrating that a significant portion of its funds are directed to its programs.

The organization scores perfectly in several areas, including having a majority of independent board members and maintaining a low liabilities to assets ratio of just 0.09%. Additionally, it documents board meeting minutes, which contributes positively to its governance practices. These strengths highlight the organization’s commitment to financial oversight and effective management.

However, despite these robust metrics, the overall score results in a Two-Star rating, suggesting that there may be areas for improvement that could enhance its overall performance and transparency. Stakeholders may want to consider these aspects when evaluating the organization's impact and effectiveness in serving its community.


This AI summary has been generated from information found on Charity Navigator.

Is Fallen Leaf Lake Homeowners Association legitimate?

Fallen Leaf Lake Homeowners Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fallen Leaf Lake Homeowners 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $31,266

For more financial information, click here

What is the mission statement of Fallen Leaf Lake Homeowners Association?

The Fallen Leaf Lake Homeowners Association's primary objective is to ensure the security of East side properties during the off-season winter period. To achieve this, they make efforts to hire and oversee a dedicated winter security patrolman. This individual is tasked with patrolling the specified properties, thereby enhancing safety and peace of mind for the homeowners association's members during the winter months.

Who is the CEO of Fallen Leaf Lake Homeowners Association?

Ruth Rich is the President of Fallen Leaf Lake Homeowners Association.

What is the revenue of Fallen Leaf Lake Homeowners Association?

Fallen Leaf Lake Homeowners Association's revenue in 2023 was $65,376.

Who are the executives of Fallen Leaf Lake Homeowners Association and what are their salaries?

The average compensation at Fallen Leaf Lake Homeowners Association during 2023 was $31,266. There is 1 employee and 11 volunteers at Fallen Leaf Lake Homeowners Association.


Here are 3 key members and their salaries:


Ruth Rich (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Boyd (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Kramer (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Fallen Leaf Lake Homeowners Association?

Fallen Leaf Lake Homeowners Association's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Fallen Leaf Lake Homeowners Association

The Fallen Leaf Lake Homeowners Association works diligently to ensure the safety and security of its East side properties during the off-season winter months. To achieve this, the association undertakes efforts to hire and oversee a dedicated individual to serve as a winter security patrolman. This patrolman is tasked with regularly patrolling the East side properties, acting as a vigilant presence and contributing to the overall peace and safety of the area. The association's mission is a testament to its commitment to maintaining a secure environment for its members, even during the less active winter season.

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Impact




August, 2024

The Fallen Leaf Lake Homeowners Association's impact lies in ensuring the safety and security of the East side properties of Fallen Leaf Lake during the off-season winter months. By hiring and supervising a dedicated winter security patrolman, the association plays a crucial role in protecting the properties and residents within their community from potential crimes or security threats. This proactive approach demonstrates their commitment to maintaining a secure environment for all homeowners in the area.




This information is meant to be a general summary of Fallen Leaf Lake Homeowners 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
$65,376 (2023)
Expenses
$65,088 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $1
  • Gross Receipts: $65,376

Assets and Liabilities:

  • Total Assets: $29,764
  • Total Liabilities: $28
  • Net Assets: $29,736

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Organization Details

Founding Year

1972

Principal Officer

Ruth Rich

Main Address

PO BOX 17274, SOUTH LAKE TAHOE, CA, 96151

NTEE Category

Code: I99Z - Crime

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