The information for Crandon Lakes Association For Property Owners Inc is as of the organization's most recent filing in October 2020. This organization is located in Newton, NJ. It has been in existence for 30 years, following its founding in 1990.
The IRS classifies organizations according to the National Taxonomy of Exempt Entities (NTEE) system. The NTEE system helps the IRS assign a 3-character code to each organization to describe the organization's activities.
The Crandon Lakes Association For Property Owners Inc's NTEE code is L50. The "L" tells us that the organization is classified along with Homeowners & Tenants Associations. The "50" tells us that the organization is a Housing & Shelter organization. The NTEE describes Housing & Shelter organizations as organizations that serve the interests of the community as a whole and provide services which meet the needs of people who own or rent apartments, condominiums, townhomes, mobile home parks or other housing complexes who are their members. Every organization is also governed by a specific section of the Internal Revenue Code. This organization happens to be a 501(c)(4) organization. The IRS describes these organizations as Civic Leagues, Social Welfare Organizations, and Local Associations of Employees.
The Maintenance, Repairs and Improvements to Public Access Roads within the Crandon Lakes Community program area focuses on providing access to public roads within the community.
The Crandon Lakes Association For Property Owners Inc has grown over the last five years. Total Revenue for the organization increased from $103.0K in 2014 to $106.1K in 2019, indicating a positive trend in their financial performance. This growth is a promising sign for the future of the organization.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
George Delgado President | 10 | $0 | |
Frank Russo Vice-Pres. | 2 | $0 | |
Eileen O'rourke Treasurer | 1 | $0 | |
Bill Farese Secretary | 2 | $0 | |
John Nelson Trustee | 2 | $0 | |
Tom Cornman Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $106,069 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $106,069 |
Statement of Expenses | |
---|---|
Total expenses | $92,761 |
Balance Sheet | |
---|---|
Total assets | $236,668 |
Total liabilities | $2,393 |
Net assets or fund balances | $234,275 |
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