Overview
What is Malibu La Costa Owners Association?
The Malibu La Costa Owners Association serves as a Homeowners Association/Club, catering to its members with various services and initiatives. Its primary objective is to function as an Owners Association, meticulously maintaining the properties belonging to its members. This nonprofit organization is committed to actively managing and preserving its facilities, ensuring the well-being and satisfaction of its property owners.
Is Malibu La Costa Owners Association legitimate?
Malibu La Costa Owners Association is a legitimate nonprofit organization registered as a 501(c)(7) entity. Malibu La Costa 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $141,623
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What is the mission statement of Malibu La Costa Owners Association?
The Malibu La Costa Owners Association, acting as a Homeowners Association/Club, is committed to serving its members by fulfilling its role as an Owners Association. Its primary mission is to diligently maintain the properties owned by its members. The Association actively manages and takes care of its facilities, ensuring they benefit all property owners. In essence, the Malibu La Costa Owners Association works tirelessly to preserve the integrity and value of its members' properties.
What is the revenue of Malibu La Costa Owners Association?
Malibu La Costa Owners Association's revenue in 2024 was $352,715.
Who are the executives of Malibu La Costa Owners Association and what are their salaries?
Here are 7 key members and their salaries:
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Where can I find the form 990 for Malibu La Costa Owners Association?
Malibu La Costa Owners Association's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Malibu La Costa Owners Association
The Malibu La Costa Owners Association, serving as a Homeowners Association/Club, is committed to a mission that prioritizes its members' properties. This organization works diligently to maintain and manage its facilities, ensuring they are in the best condition for the benefit of its homeowners. By functioning as an Owners Association, Malibu La Costa Owners Association is dedicated to upholding the standards and preserving the values that define its members' properties.
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Impact
October, 2024
Malibu La Costa Owners Association has a significant impact on the community by ensuring that the properties owned by its members are well-maintained and managed effectively. By providing essential services and programs, the association enhances the living experience for homeowners, fostering a sense of community and belonging.
The active management of facilities not only preserves property values but also promotes a safe and attractive environment for residents and their guests. Through its dedication to maintenance and community engagement, the association contributes to the overall quality of life in Malibu, creating a vibrant neighborhood where owners can enjoy their investments. The collaborative efforts of the association encourage communication and cooperation among members, bolstering a strong community spirit.
This information is meant to be a general summary of Malibu La Costa 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $1,852
- Program Service Revenue: $350,863
- Gross Receipts: $352,715
Assets and Liabilities:
- Total Assets: $1,416,306
- Total Liabilities: $669
- Net Assets: $1,415,637
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DUES & ASSESSMENTS
Revenue
$350,863
Organization Details
Founding Year
1946
Principal Officer
Houman Hemmati
NTEE Category
Code: L50 - Housing
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