Lake Mont Pines Homeowners Assn
- Assets
- $699.5k
- Revenue
- $262.5k
- Investments
- $0.0
- Employees
- 26
- Location
- Arnold, CA
- Founding
- 12/1963
- Data as of
- 12/2021
- EIN
- 94-6107678
Organization Overview
Lake Mont Pines Homeowners Assn is located in Arnold, CA. The organization was established in 1963. 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 12/2021, Lake Mont Pines Homeowners Assn employed 26 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lake Mont Pines Homeowners Assn is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2021, Lake Mont Pines Homeowners Assn generated $262.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.2% each year. All expenses for the organization totaled $188.8k during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
PRESERVE & PROTECT ASSN. ASSETS
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUMMER & WINTER RECREATION PROGRAMS ACHIEVED ENTERTAINMENT & ACTIVITIES FOR MEMBERS; PROVIDED SWIMMING, FISHING AND SPORT EVENTS AT LAKE; MAINTAIN GROUP WATER SAFETY AND SECURITY.
GENERAL & ADMINISTRATIVE PROGRAMS SERVE TO ORGANIZE, RECORD & REPORT BUSINESS ACTIVITIES; INSURE PROPERTY AND SCHEDULE MAINTENANCE; OVERSEE EMPLOYEE ACTIVITY AND PAYROLL FUNCTION.
MAINTENANCE PROGRAMS SERVE TO PERFORM ONGOING MAINTENANCE PROCEDURES AND PRESERVE & PROTECT ASSOC. ASSETS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Fred Jacobus President | Officer | 1 | $0 |
Greg Casselberry Director | Officer | 1 | $0 |
Mark Walker Director | Officer | 1 | $0 |
Elis Imboden Treasurer | Officer | 1 | $0 |
Bill Lent Secretary | Officer | 1 | $0 |
Ken Grimes Vice President | Officer | 1 | $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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $272,271 |
| Investment income | $69 |
| 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 | -$9,800 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $262,540 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $73,035 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $8,924 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $11,249 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $6,998 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $17,426 |
| Travel | $152 |
| 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 | $24,042 |
| Insurance | $17,506 |
| All other expenses | $8,073 |
| Total functional expenses | $188,809 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $14,615 |
| Savings and temporary cash investments | $228,947 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $450,588 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $5,359 |
| Total assets | $699,509 |
| Accounts payable and accrued expenses | $653 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $667 |
| Total liabilities | $1,320 |
| 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 | $698,189 |
| Total liabilities and net assets/fund balances | $699,509 |
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