Loma Serena Improvement Association
- Assets
- $108.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Los Gatos, CA
- Founding
- 01/1973
- Data as of
- 06/2022
- EIN
- 94-2169645
Organization Overview
Loma Serena Improvement Association is located in Los Gatos, CA. The organization was established in 1973. According to its NTEE Classification (S21) the organization is classified as: Community Coalitions, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Loma Serena Improvement Association is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 06/2022, Loma Serena Improvement Association generated $130.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.2% each year. All expenses for the organization totaled $98.9k during the year ending 06/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
COLLECTED MEMBERSHIP DUES AND ASSESSMENTS TO MAINTAIN AND IMPROVE THE COMMON GROUNDS AND FENCE OF LOMA SERENA
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eric Monsef President | 2 | $0 | |
Laura Evans Treasurer | 2 | $0 | |
Paula Engelgau Secretary | 2 | $0 | |
Mike Wood Vice President | 2 | $0 | |
Mark Banke Vice President | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $130,650 |
| Investment income | $3 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $130,653 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $900 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $232 |
| Other expenses | $97,814 |
| Total expenses | $98,946 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $108,503 |
| Other assets | $0 |
| Total assets | $108,503 |
| Total liabilities | $0 |
| Net assets or fund balances | $108,503 |
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