Crandon Lakes Association For Property Owners Inc
- Assets
- $162.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Newton, NJ
- Founding
- 07/1990
- Data as of
- 10/2023
- EIN
- 22-2986951
Organization Overview
Crandon Lakes Association For Property Owners Inc is located in Newton, NJ. The organization was established in 1990. According to its NTEE Classification (L50) the organization is classified as: Homeowners & Tenants Associations, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Crandon Lakes Association For Property Owners Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 10/2023, Crandon Lakes Association For Property Owners Inc generated $111.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (7.5%) each year. All expenses for the organization totaled $165.7k during the year ending 10/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
MAINTENANCE, REPAIRS AND IMPROVEMENTS TO PUBLIC ACCESS ROADS WITHIN THE CRANDON LAKES COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
George Delgado President | 10 | $0 | |
Ron Ryan Vice President | 2 | $0 | |
Tom Cornman Trustee | 2 | $0 | |
Ken Fehrenfeld Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $111,467 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $111,467 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $751 |
| Professional fees and other payments to independent contractors | $4,896 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $160,061 |
| Total expenses | $165,708 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $52,190 |
| Other assets | $0 |
| Total assets | $162,637 |
| Total liabilities | $0 |
| Net assets or fund balances | $162,637 |