Overview
What is Villa Portofino Homeowners Association?
Villa Portofino Homeowners Association is a nonprofit organization situated in San Diego, California, specifically at 10690 Escobar Drive, 92124. Their primary role is to manage and maintain a planned unit development, which consists of 721 residential units. In essence, they oversee the operation and upkeep of this community, ensuring the well-being and comfort of its residents. The association is backed by a team of seven dedicated individuals, working diligently to maintain the high standards of the Villa Portofino community.
Is Villa Portofino Homeowners Association legitimate?
Villa Portofino Homeowners Association is a legitimate nonprofit organization registered as a 501(c)(7) entity. Villa Portofino 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: $103,079
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What is the mission statement of Villa Portofino Homeowners Association?
The Villa Portofino Homeowners Association is dedicated to managing and maintaining a planned unit development comprising 721 residential units. This mission encompasses ensuring the upkeep and maintenance of the community, overseeing its operations on behalf of its members. The association's primary goal is to maintain the living standards and overall well-being of the residents within the community.
What is the revenue of Villa Portofino Homeowners Association?
Villa Portofino Homeowners Association's revenue in 2024 was $1,541,969.
Who are the executives of Villa Portofino Homeowners Association and what are their salaries?
The average compensation at Villa Portofino Homeowners Association during 2024 was $14,726. There are 7 employees at Villa Portofino Homeowners Association.
Here are 9 key members and their salaries:
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Where can I find the form 990 for Villa Portofino Homeowners Association?
Villa Portofino Homeowners Association's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Villa Portofino Homeowners Association
Villa Portofino Homeowners Association is dedicated to managing and maintaining a planned unit development, home to 721 residential units. Their mission is centered around ensuring the upkeep and maintenance of this community, acting as a representative for its members. By overseeing this responsibility, the association aims to create a harmonious living environment for its residents.
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Impact
October, 2024
Villa Portofino Homeowners Association plays a crucial role in the management and maintenance of a planned unit development consisting of 721 residential units in San Diego, CA. By overseeing the daily operations and ensuring the upkeep of the community, the association fosters a well-maintained living environment for its residents. This includes managing common areas, handling maintenance requests, and enforcing community guidelines that contribute to the overall aesthetic and functionality of the neighborhood.
The impact of the association extends beyond mere maintenance; it cultivates a sense of community among residents, promoting engagement and cooperation through various activities and events. The association's governance helps maintain property values, ensuring that the residential community remains desirable and attractive. As a result, residents of Villa Portofino benefit from a cohesive living environment that supports a high quality of life, making it an essential entity within the community.
This information is meant to be a general summary of Villa Portofino 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $59,532
- Program Service Revenue: $1,482,437
- Gross Receipts: $1,541,969
Assets and Liabilities:
- Total Assets: $1,500,980
- Total Liabilities: $88,262
- Net Assets: $1,412,718
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Owners Assessments
Revenue
$1,470,840
Late Fees and Miscellaneous
Revenue
$11,597
Organization Details
Founding Year
1971
Principal Officer
Jill Marone
NTEE Category
Code: L50 - Housing
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