Lake Forest Ii Master Hoa

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

EIN: 952921294 ✦ Lake forest, CA ✦ Designated as a 501(c)(4)

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Overview

What is Lake Forest Ii Master Hoa?

Lake Forest II Master HoA, established in 1970, is a private, planned community located in Lake Forest, California. This nonprofit organization serves a community of 3,436 homes, aiming to maintain the common areas, including lakes, greenbelts, parks, and recreational facilities. Moreover, the association is committed to preserving the architectural integrity of the community and ensuring the well-being of its residents, promoting their health, safety, and overall welfare. With a team of 90 employees, Lake Forest II Master HoA works diligently to uphold the common good of its residential community.


Official website here: www.lf2.org

What do the Facebook reviews say about Lake Forest Ii Master Hoa?

82% of 673 reviewers on Facebook recommend Lake Forest II Master HOA. Here is a summary of their reviews:

Many patrons express a strong affection for the community and commend the friendly staff. The diverse range of options at the snack bar is particularly appreciated, as it caters to various cravings. While the overall experience tends to be positive, some individuals note that waiting for food can be an issue, emphasizing the importance of patience for well-prepared meals.

Overall, it seems that most reviewers are happy with the services provided, highlighting a supportive environment and quality offerings, despite occasional concerns about wait times.


This AI summary has been generated from reviews found on Facebook.

Is Lake Forest Ii Master Hoa legitimate?

Lake Forest Ii Master Hoa is a legitimate nonprofit organization registered as a 501(c)(4) entity. Lake Forest Ii Master Hoa 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: $1,564,822

For more financial information, click here


Official website here: www.lf2.org

What is the mission statement of Lake Forest Ii Master Hoa?

The Lake Forest II Master HOA's mission is centered around maintaining, preserving, and enforcing the architectural integrity of the community's common areas and individual lots. Their primary objective is to ensure the health, safety, and well-being of its residents. As part of this mission, they provide regular maintenance for community facilities such as parks, greenbelts, and a lake. The association strives to promote a harmonious and well-managed community environment for its residents.


Official website here: www.lf2.org

Who is the CEO of Lake Forest Ii Master Hoa?

Thomas Ludden is the President of Lake Forest Ii Master Hoa.


Official website here: www.lf2.org

What is the revenue of Lake Forest Ii Master Hoa?

Lake Forest Ii Master Hoa's revenue in 2022 was $4,708,628.


Official website here: www.lf2.org

Who are the executives of Lake Forest Ii Master Hoa and what are their salaries?

The average compensation at Lake Forest Ii Master Hoa during 2022 was $17,387. There are 90 employees at Lake Forest Ii Master Hoa.


Here are 7 key members and their salaries:


Mary B Fidelma Roberts (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Richert (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Ludden (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sandra Atkinson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jolene Fuentes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Jesse (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Myron Morper (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.lf2.org

Where can I find the form 990 for Lake Forest Ii Master Hoa?

Lake Forest Ii Master Hoa's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.lf2.org

Learn more at the official website: www.lf2.org

Mission Statement of Lake Forest Ii Master Hoa

Lake Forest II Master HoA, established in 1970, is dedicated to maintaining the well-being of its residents. This private community association, consisting of 3,436 homes, is responsible for the upkeep and preservation of its common areas. The association ensures the health, safety, and overall welfare of its residents by managing the community's lake, greenbelt areas, parks, and recreational facilities. Moreover, Lake Forest II Master HoA safeguards the architectural integrity of the community, ensuring a harmonious and cohesive living environment for its residents. By providing these services, the association promotes a sense of community and enhances the quality of life for its residents.

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Impact




October, 2024

Lake Forest II Master HOA plays a significant role in enhancing the quality of life for its residents within the community. By overseeing the maintenance and preservation of common areas, including parks, recreational facilities, and greenbelts, the HOA ensures that the environment remains visually appealing and functional for all residents.

The architectural control aspect of the association helps maintain a cohesive appearance throughout the neighborhood, contributing to property values and the overall aesthetic appeal of the community. This adherence to design standards fosters a sense of pride among homeowners and encourages responsible property stewardship.

Additionally, the HOA is committed to promoting the health, safety, and welfare of its residents. This includes organizing community events and programs that facilitate social interaction and foster a sense of belonging. The association's proactive approach helps create a supportive community atmosphere, which can significantly enhance residents' well-being and satisfaction in their living environment.

Overall, Lake Forest II Master HOA ensures that the community remains a desirable place to live, characterized by well-maintained facilities, aesthetic harmony, and a close-knit community spirit.




This information is meant to be a general summary of Lake Forest Ii Master Hoa. 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
$4,708,628 (2022)
Expenses
$4,679,247 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $60,118
  • Program Service Revenue: $3,730,748
  • Gross Receipts: $4,708,628

Assets and Liabilities:

  • Total Assets: $11,093,075
  • Total Liabilities: $305,994
  • Net Assets: $10,787,081

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Programs

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

MEMBERSHIP ASSESSMENTS

Revenue

$3,730,748

Organization Details

Founding Year

1971

Principal Officer

Thomas Ludden

Main Address

24752 TOLEDO WAY, LAKE FOREST, CA, 92630

NTEE Category

Code: L50 - Housing

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