Lake Wildwood Association
- Assets
- $30.7m
- Revenue
- $9.0m
- Investments
- $0.0
- Employees
- 137
- Location
- Penn Valley, CA
- Founding
- 02/2002
- Data as of
- 05/2022
- EIN
- 94-1706164
Organization Overview
Lake Wildwood Association is located in Penn Valley, CA. The organization was established in 2002. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 05/2022, Lake Wildwood Association employed 137 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lake Wildwood Association 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 05/2022, Lake Wildwood Association generated $9.0m 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 (3.5%) each year. All expenses for the organization totaled $9.4m during the year ending 05/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION IS A 2,845 LOT CALIFORNIA COMMUNITY ASSOCIATION THAT MAINTAINS, REPAIRS AND REPLACES COMMON AREA PROPERTY AND PROVIDES RECREATIONAL FACILITIES (PRIMARILY A LAKE AND AN 18 HOLE GOLF COURSE) FOR ITS MEMBERS AS WELL AS FOR THE SURROUNDING AREA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION IS A 2,845 LOT CALIFORNIA COMMUNITY ASSOCIATION THAT MAINTAINS, REPAIRS AND REPLACES COMMON AREA PROPERTY AND PROVIDES RECREATIONAL FACILITIES (PRIMARILY A LAKE AND AN 18 HOLE GOLF COURSE) FOR ITS MEMBERS AS WELL AS FOR THE SURROUNDING AREA.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bryan Cox General Manager | 50 | $178,917 | |
William Hamilton Director Of Agronomy | 50 | $139,402 | |
Kathy Johnson Director Of Finance | 50 | $130,718 | |
Darrell Trimble President | OfficerTrustee | 3 | $0 |
Don Paulus Vice President | OfficerTrustee | 3 | $0 |
Chris Heisler Secretary | OfficerTrustee | 3 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Stonegate Protection Security | 5/30/22 | $898,713 |
Robinson Enterprises Lake Sediment Removal | 5/30/22 | $349,887 |
Telcom Data Telecom Services | 5/30/22 | $310,994 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $5,164,198 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,164,198 |
| Total Program Service Revenue | $3,773,908 |
| Investment income | $15,572 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,953,678 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $498,633 |
| Compensation of current officers, directors, key employees. | $335,324 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,032,509 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $76,521 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,031,212 |
| Insurance | $493,124 |
| All other expenses | $1,158,536 |
| Total functional expenses | $9,435,617 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $12,733,066 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $492,450 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $140,810 |
| Prepaid expenses and deferred charges | $215,577 |
| Net Land, buildings, and equipment | $17,138,284 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $30,720,187 |
| Accounts payable and accrued expenses | $805,368 |
| Grants payable | $0 |
| Deferred revenue | $5,050,071 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $5,136,522 |
| Total liabilities | $10,991,961 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $19,728,226 |
| Total liabilities and net assets/fund balances | $30,720,187 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Partners In Development Foundation Honolulu, HI | $6,037,007 | $19,233,237 |
Pasadena Center Operating Company Pasadena, CA | $155,500,535 | $24,244,402 |
Community Action Partnership Of Sonoma County Santa Rosa, CA | $6,669,063 | $15,581,119 |
Ideoorg San Francisco, CA | $12,398,491 | $9,854,732 |
Reinvent Stockton Foundation Stockton, CA | $46,832,546 | $19,773,564 |
Project Access Inc Orange, CA | $2,961,540 | $13,042,187 |
East Los Angeles Community Union Los Angeles, CA | $130,392,954 | $16,987,947 |
Gamaliel Of California Santa Rosa, CA | $3,034,268 | $10,017,971 |
Downtown Santa Monica Inc Santa Monica, CA | $4,897,203 | $9,308,728 |
Resources For Community Development Berkeley, CA | $93,266,557 | $6,994,658 |
Lake Wildwood Association Penn Valley, CA | $30,720,187 | $8,953,678 |
Antelope Valley Partners For Health Lancaster, CA | $4,220,936 | $10,090,239 |