Lake Shastina Property Owners Assn

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

EIN: 952757587 ✦ Weed, CA ✦ Designated as a 501(c)(4)

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Overview

What is Lake Shastina Property Owners Assn?

Lake Shastina Property Owners' Association, established in 1968 in Weed, California, is a nonprofit organization with a primary mission to manage and maintain the common property within its development. Spanning over 3,107 lots, this association is responsible for the upkeep of 37.6 miles of roads. The association's primary source of income comes from semi-annual assessments charged to property owners. The primary function of this organization is to provide repair and maintenance services for the roads and common areas within the community, ensuring a well-maintained living environment for its members. With a team of six employees, the association works diligently to fulfill its responsibilities.


Official website here: www.lakeshastina.com

Is Lake Shastina Property Owners Assn legitimate?

Lake Shastina Property Owners Assn is a legitimate nonprofit organization registered as a 501(c)(4) entity. Lake Shastina Property Owners Assn 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: $87,854
Professional Fundraising Fees: $0
Other Salaries and Wages: $211,545

For more financial information, click here


Official website here: www.lakeshastina.com

What is the mission statement of Lake Shastina Property Owners Assn?

The Lake Shastina Property Owners Association, established in 1968, is responsible for maintaining and repairing the common areas and roads within its community. This non-profit organization, comprised of its members, generates its primary income through semi-annual assessments to property owners. Its mission, in essence, is to ensure the upkeep and functioning of these shared spaces, thereby enhancing the living experience for its members. The association, situated in Weed, California, manages a development spanning over 3,100 lots, including 37.6 miles of roads.


Official website here: www.lakeshastina.com

Who is the CEO of Lake Shastina Property Owners Assn?

Dwayne Chandler is the President of Lake Shastina Property Owners Assn.


Official website here: www.lakeshastina.com

What is the revenue of Lake Shastina Property Owners Assn?

Lake Shastina Property Owners Assn's revenue in 2022 was $1,233,671.


Official website here: www.lakeshastina.com

Who are the executives of Lake Shastina Property Owners Assn and what are their salaries?

The average compensation at Lake Shastina Property Owners Assn during 2022 was $49,900. There are 6 employees at Lake Shastina Property Owners Assn.


Here are 7 key members and their salaries:


Rick Thompson (Gm - Outgoing)
  • Compensation: $51,488
  • Related: $0
  • Other: $0
Matthew Robertson (General Manager)
  • Compensation: $43,033
  • Related: $0
  • Other: $0
Alan Pursell (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dwayne Chandler (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rita Macintosh (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Tucker (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Moser (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.lakeshastina.com

Where can I find the form 990 for Lake Shastina Property Owners Assn?

Lake Shastina Property Owners Assn's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.lakeshastina.com

Learn more at the official website: www.lakeshastina.com

Mission Statement of Lake Shastina Property Owners Assn

Lake Shastina Property Owners' Association, established in 1968, has a mission centered around maintaining and repairing the common areas and roads within the community. This nonprofit organization, responsible for overseeing a development in Weed, California, boasting 3,107 lots, ensures the upkeep of its 37.6 miles of road network. The primary source of revenue for this association comes from semi-annual assessments charged to its members. By providing these essential services, Lake Shastina Property Owners' Association contributes to the overall well-being and livability of the community, making it a vital part of the residents' daily lives.

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Impact




October, 2024

Lake Shastina Property Owners Association plays a crucial role in the maintenance and improvement of community infrastructure in Weed, California. By managing 37.6 miles of roads and overseeing the upkeep of common areas, the Association ensures safe and accessible living conditions for residents.

Their efforts directly enhance property values and foster a sense of community among the 3,107 property owners by ensuring that shared spaces are well-maintained and inviting. The semi-annual assessments collected from property owners provide a sustainable funding source, enabling consistent service delivery for repairs and maintenance.

Through its dedicated management, the Association contributes to the overall quality of life in the Lake Shastina area, supporting both improved housing conditions and a cohesive community environment.




This information is meant to be a general summary of Lake Shastina Property Owners Assn. 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
$1,233,671 (2022)
Expenses
$1,272,857 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $34,310
  • Program Service Revenue: $1,199,361
  • Gross Receipts: $1,233,671

Assets and Liabilities:

  • Total Assets: $5,045,196
  • Total Liabilities: $800,829
  • Net Assets: $4,244,367

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

membership dues & assess

Revenue

$1,199,361

Organization Details

Founding Year

1968

Principal Officer

Dwayne Chandler

Main Address

16320 Everhart Drive, Weed, CA, 96094

NTEE Category

Code: L50 - Housing

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