Lake Heritage Property Owners Asso

Organization Overview

Lake Heritage Property Owners Asso is located in Gettysburg, PA. The organization was established in 1991. According to its NTEE Classification (L50) the organization is classified as: Homeowners & Tenants Associations, under the broad grouping of Housing & Shelter and related organizations. As of 03/2022, Lake Heritage Property Owners Asso employed 52 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lake Heritage Property Owners Asso is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.

For the year ending 03/2022, Lake Heritage Property Owners Asso generated $1.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.5% each year. All expenses for the organization totaled $1.2m during the year ending 03/2022. While expenses have increased by 1.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE THE PRIVATE MEMBERS USE OF SOCIAL RECREATIONAL ACTIVITIES IN, ON AND ABOUT THE LAKE, POOL, AND OTHER RECREATIONAL AREAS, UPKEEP OF THE ROADS, AND PROVIDE SECURITY FOR THE COMMUNITY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

OPERATIONS AND MAINTENANCE OF LAKE AND RECREATION AREAS (INCLUDING POOL, TENNIS COURTS, LAKE AND PLAY AREAS, AND SECURITY).


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Board, Officers & Key Employees

Name (title)Compensation
Keith Ballentyne
Treasurer
$0
Justen Carr
Vice Preside
$0
Elizabeth Gomer
Secretary
$0
Donna Scherer
President
$0
Harry Buzzerd
Board Member
$0
Ernie Clevinger
Past Board M
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$7,784
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$7,784
Total Program Service Revenue$1,480,676
Investment income $363
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $18,654
Net Gain/Loss on Asset Sales $2,126
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $1,108
Miscellaneous Revenue$0
Total Revenue $1,515,374

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