Leisure Town Home Association

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

EIN: 946077507 ✦ Fair oaks, CA ✦ Designated as a 501(c)(7)

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Overview

What is Leisure Town Home Association?

Leisure Town Home Association is a nonprofit organization situated in Fair Oaks, California. With a focus on their 1,153-home development, their primary mission is to oversee the maintenance, repairs, and replacements of the common area properties within the community. By managing these tasks, they aim to ensure a harmonious living environment for their residents.

Is Leisure Town Home Association legitimate?

Leisure Town Home Association is a legitimate nonprofit organization registered as a 501(c)(7) entity. Leisure Town Home 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: $0

For more financial information, click here

What is the mission statement of Leisure Town Home Association?

The Leisure Town Home Association's mission is centered around maintaining, repairing, and replacing the common area property associated with a 1,153-home development. The organization's primary role is to ensure the upkeep and enhancement of these shared spaces, contributing to the overall well-being and comfort of the residents in the community. Their activities primarily focus on addressing any necessary repairs, replacements, or improvements to the common areas, thereby enhancing the overall living experience for the residents.

Who is the CEO of Leisure Town Home Association?

Kathy Marchesseault is the President of Leisure Town Home Association.

What is the revenue of Leisure Town Home Association?

Leisure Town Home Association's revenue in 2023 was $1,335,026.

Who are the executives of Leisure Town Home Association and what are their salaries?


Here are 5 key members and their salaries:


Ken Stockton (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Winther (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marj Kelly (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathy Marchesseault (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lloyd Lamb (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Leisure Town Home Association?

Leisure Town Home Association's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Leisure Town Home Association

Leisure Town Home Association, a notable organization, is dedicated to ensuring the upkeep, repair, and replacement of common area properties associated with a 1,153-home development. This mission is vital in preserving the overall quality and livability of the community for its residents. By overseeing the maintenance of shared spaces, the organization contributes to a sense of unity and pride among the residents, enhancing their living experience. The association's primary role is to ensure that the common areas are well-maintained, providing a clean and safe environment for all residents to enjoy.

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Impact




October, 2024

Leisure Town Home Association significantly contributes to the well-being and aesthetics of the Fair Oaks community by maintaining, repairing, and replacing common area properties within a development of 1,153 homes. This responsibility ensures that shared spaces remain safe, functional, and visually appealing, fostering a sense of community pride and enhancing the quality of life for residents.

By managing these common areas, the Association creates a cohesive environment where neighbors can connect and engage, ultimately strengthening community ties. The upkeep of landscaping, recreational facilities, and shared amenities not only promotes a vibrant atmosphere but also upholds property values, making the area more desirable for both current and prospective residents.




This information is meant to be a general summary of Leisure Town Home 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
$1,335,026 (2023)
Expenses
$1,172,264 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $18,914
  • Gross Receipts: $1,335,026

Assets and Liabilities:

  • Total Assets: $3,265,731
  • Total Liabilities: $3,083,044
  • Net Assets: $182,687

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Organization Details

Founding Year

1962

Principal Officer

Kathy Marchesseault

Main Address

9807 Fair Oaks Boulevard Suite A, Fair Oaks, CA, 95628

NTEE Category

Code: L50 - Housing

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