Overview
What is The Friendly Valley Recreational Association Inc?
The Friendly Valley Recreational Association Inc is a nonprofit organization situated in Newhall, California. Covering approximately 290 acres, it comprises 13 village associations and 1,290 units. The primary mission of this association is to preserve and maintain the recreational facilities and common areas, such as golf courses, clubhouses, business offices, roads, sports courts, green belts, and various other recreational spaces, all for the enjoyment of its members. With a dedicated workforce of 36 individuals, the association aims to ensure these amenities remain in optimal condition, enhancing the community's overall experience.
Is The Friendly Valley Recreational Association Inc legitimate?
The Friendly Valley Recreational Association Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. The Friendly Valley Recreational Association Inc 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: $1,081,082
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What is the mission statement of The Friendly Valley Recreational Association Inc?
The mission of The Friendly Valley Recreational Association Inc is centered around preserving and maintaining the recreational facilities and common areas within the association. These facilities encompass golf courses, clubhouses, business offices, roads, sports courts, green belts, and other recreational spaces. The association aims to ensure these resources are well-maintained for the benefit of its members. It serves a community of approximately 290 acres, comprising 13 village associations and 1,290 units, located in Newhall, California. The association's primary focus is to provide and upkeep these recreational amenities for the enjoyment and use of its members.
What is the revenue of The Friendly Valley Recreational Association Inc?
The Friendly Valley Recreational Association Inc's revenue in 2023 was $2,541,609.
Who are the executives of The Friendly Valley Recreational Association Inc and what are their salaries?
The average compensation at The Friendly Valley Recreational Association Inc during 2023 was $27,720. There are 39 employees at The Friendly Valley Recreational Association Inc.
Here are 4 key members and their salaries:
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- Related: $0
- Other: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for The Friendly Valley Recreational Association Inc?
The Friendly Valley Recreational Association Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of The Friendly Valley Recreational Association Inc
The Friendly Valley Recreational Association Inc is committed to preserving and maintaining the recreational facilities and common areas within its jurisdiction. This encompasses various amenities such as golf courses, clubhouses, business offices, roads, sports courts, green belts, and other recreational facilities. The association's primary goal is to ensure these resources are well-maintained and readily available for the benefit of its members, who reside in the approximately 290-acre development. The Association includes 13 village associations and 1,290 units, making it a significant and integral part of the community's recreational activities. By maintaining these facilities, The Friendly Valley Recreational Association Inc contributes to the overall enjoyment and well-being of its members, fostering a sense of community and camaraderie.
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Impact
October, 2024
The Friendly Valley Recreational Association Inc significantly enhances the quality of life for its members by maintaining and preserving numerous recreational facilities and common areas within its expansive 290-acre development in Newhall, California. This includes the upkeep of golf courses, clubhouses, a business office, roads, sports courts, and expansive green belts, which collectively foster a vibrant community atmosphere.
By ensuring that these facilities are well-maintained, the Association not only promotes an active lifestyle among its residents but also encourages social interactions and community bonding. The presence of these recreational amenities plays a crucial role in delivering a sense of belonging and shared identity among the 1,290 units and 13 village associations that comprise the community. Overall, the Association's efforts contribute to a well-rounded living experience that prioritizes health, recreation, and community engagement for its members.
This information is meant to be a general summary of The Friendly Valley Recreational Association Inc. 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: $25,003
- Program Service Revenue: $2,407,740
- Gross Receipts: $2,541,609
Assets and Liabilities:
- Total Assets: $2,895,088
- Total Liabilities: $2,093,609
- Net Assets: $801,479
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Member assessments
Revenue
$2,407,740
Organization Details
Founding Year
1966
Principal Officer
Bob Brothers
NTEE Category
Code: N50 - Recreation
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